matterport stock price 2025

Full Answer

Is Matterport (MTTR) stock a good long-term investment?

Matterport stock closed at $18.89 on Sep. 10. The highest price the stock has attained is $28, 30 percent above its current price. Matterport has the potential to multiply in value many times over in the long term. Is Matterport (MTTR) stock a good long-term investment? Matterport serves customers across a range of industries.

Is Matterport efficiently growing its dividend?

Matterport does not have a long track record of dividend growth. In the past three months, Matterport insiders have not sold or bought any company stock. Only 14.93% of the stock of Matterport is held by institutions. Earnings for Matterport are expected to decrease in the coming year, from ($0.25) to ($0.33) per share.

Will Matterport be a king of the Metaverse by 2025?

Wall Street forecasts the virtual world builder will see revenue triple by 2025 to over $450 million, while they've set a one-year consensus price target of almost $27, or more than double its current $12 price tag. In three years' time, Matterport could be a virtual kingpin of the metaverse.

What is Matterport's (mater) stock price potential upside?

Their forecasts range from $20.00 to $38.00. On average, they anticipate Matterport's stock price to reach $27.40 in the next twelve months. This suggests a possible upside of 32.8% from the stock's current price.

What is Matterport price target?

Stock Price TargetsHigh$15.00Median$7.00Low$5.00Average$8.57Current Price$4.0900

Who owns Matterport stock?

Top 10 Owners of Matterport IncStockholderStakeShares ownedThe Vanguard Group, Inc.4.19%11,813,930Tiger Global Management LLC1.28%3,600,000BlackRock Fund Advisors1.15%3,229,531Pictet Asset Management SA1.02%2,884,8836 more rows

What is the future of MTTR stock?

Stock Price Forecast The 7 analysts offering 12-month price forecasts for Matterport Inc have a median target of 7.00, with a high estimate of 15.00 and a low estimate of 6.00. The median estimate represents a +73.05% increase from the last price of 4.05.

Who is invested in Matterport?

Matterport investorsDateInvestorsRoundAug 2016Luminari Capital News Corp CBRE Group Sound VenturesEarly VCAug 2017Ericsson VenturesLate VCMay 2018Qualcomm VenturesEarly VCMar 2019DCM Ventures Lux Capital Qualcomm VenturesSeries D11 more rows

Is Matterport a good investment?

Matterport's revenue increased 87% to $85.9 million in 2020, but grew just 29% to $111.2 million in 2021. It mainly blamed that slowdown on global supply chain constraints, which throttled its production of Pro 2 cameras.

What happened Matterport stock?

Downward revisions to revenue growth forecasts severely hurt Matterport's (NASDAQ:MTTR) stock price. Shares are down around 79% from their November 2021 highs around $33. The price is in a precipitous decline that accelerated when the company reported scarier operating losses last month.

Where will Matterport stock be in 5 years?

During its most recent investor day, Matterport projected $747 million in annual sales by 2025, which would represent a CAGR of 59 percent between 2019 and 2025. It also expects its gross margin to rise from 48 percent to 73 percent during the same time period's....Matterport Stock Forecast 2025.Calendar dateRegular2025 January 01, Wednesday131.174Jul 19, 2022

Does Cathie Wood own Matterport stock?

Matterport Silicon Valley exterior sign and trademark logo. The news that Ark Invest founder and Chief Investment Officer Cathie Wood bought almost 535,000 shares of Matterport (NASDAQ:MTTR) for one of her ETFs on March 28 had to be music to the ears of those holding MTTR stock.

Will Matterport go up again?

Matterport's Revenue Growth Rates Expected to Pick Up Matterport expects to grow this year by 22%. This is a meaningful step down from 2020 when Matterport's revenues increased by 87% y/y. It's also a step down from 2021 when its revenues grew by 29% y/y.

Can you buy Matterport stock?

Invest in Matterport, Inc. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. of Matterport, Inc. stock, you'll need to sign up for Stash and open a personal portfolio.

Is Matterport a long term investment?

Last year, Matterport made a longer-term forecast that it could generate $747 million in revenue in 2025. But in the wake of its slowdown in 2021, it would need to grow its top line at a compound annual rate of 61% from here to hit that target.

Is Matterport a profitable company?

Overall, there is no denying that Matterport is making money. Impressively, the company's total Q4 2021 revenue of $27.1 million represents a 15% improvement on a year-over-year basis.

Is Matterport publicly traded?

Matterport (MTTR 1.59%), a developer of 3D spatial mapping tools, went public by merging with a special purpose acquisition company (SPAC) in late July. Its stock opened at $14.42 per share on the first day, and more than doubled over the following four months to about $32 today.

Can you buy Matterport stock?

Invest in Matterport, Inc. Stash allows you to purchase smaller pieces of investments, called fractional shares, rather than having to pay the full price for a whole share. of Matterport, Inc. stock, you'll need to sign up for Stash and open a personal portfolio.

Is Matterport a US company?

Headquartered in Sunnyvale, California, Matterport maintains offices in San Francisco, Chicago, Kansas, London, and Singapore to ensure our customers have local sales and support assistance. The year Matterport was founded to explore the intersection of hardware, AI, and the built world.

When did Matterport go public?

Spatial data company Matterport (NASDAQ: MTTR) officially completed its SPAC merger with Gores Holdings VI on Thursday and officially began trading on the Nasdaq on Friday, July 23.

Should I buy or sell Matterport stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last year. There are currently 2 hold ratings and 5 buy...

What is Matterport's stock price forecast for 2022?

7 Wall Street research analysts have issued 1-year target prices for Matterport's stock. Their MTTR stock forecasts range from $6.00 to $25.00. On...

How has Matterport's stock performed in 2022?

Matterport's stock was trading at $20.64 on January 1st, 2022. Since then, MTTR stock has decreased by 79.7% and is now trading at $4.19. View the...

Are investors shorting Matterport?

Matterport saw a drop in short interest in the month of May. As of May 31st, there was short interest totaling 28,680,000 shares, a drop of 14.9% f...

When is Matterport's next earnings date?

Matterport is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for Matterp...

How were Matterport's earnings last quarter?

Matterport, Inc. (NASDAQ:MTTR) announced its quarterly earnings data on Tuesday, May, 10th. The company reported $0.23 earnings per share (EPS) for...

What guidance has Matterport issued on next quarter's earnings?

Matterport updated its second quarter 2022 earnings guidance on Tuesday, June, 7th. The company provided earnings per share (EPS) guidance of -$0.1...

Who are Matterport's key executives?

Matterport's management team includes the following people: Mr. Raymond J. Pittman , Chairman & CEO (Age 52, Pay $553.69k) ( LinkedIn Profile )...

Who are some of Matterport's key competitors?

Some companies that are related to Matterport include Coupa Software (COUP) , National Instruments (NATI) , Paycor HCM (PYCR) , BlackLine (BL)...

Historical and forecast chart of Matterport stock

The chart below shows the historical price of Matterport stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Matterport stock price can be found in the table below.

Matterport Daily Price Targets

Forecast target price for 02-22-2022: $ 7.32. Positive dynamics for Matterport shares will prevail with possible volatility of 5.501%.

Matterport forecast for this year

An uptrend is forecast for this month with an optimal target price of $ 9.03475. Pessimistic: $8.50. Optimistic: $9.90

Matterport information and performance

Matterport, Inc., a spatial data company specializes in digitizing and indexing the built world. It offers digital twins Matterport, a 3D data platform for design, construction, operation, promotion and understanding of spaces.

About Matterport

Matterport Inc. is a spatial data company driving the digital transformation of the built world. Matterport Inc., formerly known as Gores Holdings VI, is based in SUNNYVALE, Calif.

Matterport (NASDAQ:MTTR) Frequently Asked Questions

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Matterport stock. View analyst ratings for Matterport or view top-rated stocks.

Key Points

From sci-fi phrase to general usage in a matter of years, the metaverse is seen as a massive investment opportunity.

NASDAQ: MTTR

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More

The key could be whether the metaverse catches on and just how big it gets

Look for Matterport ( MTTR 10.68% ) to be waist-deep in the metaverse come this time in 2025. This tech stock has staked out some prime real estate in this just-emerging concept, and assuming it actually comes to fruition, Matterport could be the big dealmaker in the space.

Creating something from nothing

Matterport is the company that builds those worlds. Its spatial data platform can take any physical space, such as your current room or your house, and transform it into a dimensionally accurate and photorealistic digital rendering.

A virtual disaster

However, part of the problem with the metaverse becoming this massive, lucrative alternate reality is that it's based on convincing millions of people it's not just some new gaming platform, and that adopting VR as their preferred existence is desirable.

How big is big?

There's been sufficient distance between those events and today, though, and technology has improved considerably since then as well (Second Life was also said to be buggy and suffered from lagging).

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.

Why is Matterport stock rising?

Investors are excited as Matterport continues to win more customers. On Sep. 8, Matterport announced that Cushman and Wakefield will use its technology to offer 3D virtual tours of its properties in Japan.

Matterport's (MTTR) stock forecast

As Matterport is a newly public company, its coverage on Wall Street is still thin. The four analysts covering Matterport have given it an average 12-month price target of $20.50, which suggests an upside of about 9 percent. Their highest price target of $22 implies a 16 percent upside.

How high can Matterport stock go?

Matterport stock closed at $18.89 on Sep. 10. The highest price the stock has attained is $28, 30 percent above its current price. Matterport has the potential to multiply in value many times over in the long term.

Is Matterport (MTTR) stock a good long-term investment?

Matterport serves customers across a range of industries. Its real estate customers include Redfin and ReMax, and its travel and hospitality customers include HomeAway, Vacasa, and Airbnb. New use cases of Matterport’s technology continue to emerge, expanding the company’s addressable market opportunity.

What is Matterport software?

It subsequently launched an iOS app that streamlined the process by enabling iPhone and iPad users to scan physical spaces, such as homes and office buildings, to easily create 3D "digital dollhouse" models .

How many buildings does Matterport have?

Matterport claims there are about four billion buildings with 20 billion spaces worldwide, and they represent a total addressable market of more than $240 billion.

Can Realtors do virtual tours?

Realtors can offer more immersive virtual tours, retailers can create virtual shopping experiences, insurers can ask their customers to remotely document their losses in 3D to process claims faster, and AR and VR app developers can quickly create "digital twins" of real-world environments.

Who is Leo in the digital twins?

Leo is a tech and consumer goods specialist who has covered the crossroads of Wall Street and Silicon Valley since 2012.

Matterport stock is going up

Matterport stock is rising and investors appear to be pleased with the deal. The company’s expert board and an executive team led by CEO RJ Pittman have also boosted investors' confidence in the stock.

Matterport stock is expected to rise more

Matterport stock has the potential to rise from the current level. First, at the current price, the stock is still trading 46 percent below its all-time high. The completion of the merger transaction means that investors who might have waited for the deal to be completed can now get in.

Matterport stock is a good investment

Matterport helps companies and individuals develop virtual representations of 3D spaces. These real-world interactive versions help people to digitally access and analyze properties instead of in-person inspections.

How high can Matterport stock go?

It’s difficult to predict how high Matterport stock could go. If all goes well, Matterport could become a critical infrastructure company in the digitization of real estate, and MTTR stock might be a multibagger.

MTTR Stock and Its Epic Plunge

Matterport isn’t the only tech stock slammed hard by the prospect of higher interest rates. Scores of other names have been under considerable pressure, as investors cycle out of them. Given how much has come out from the Fed, it may seem like all of its cards on the table with regards to increased interest rates.

A Possible Buy If the Price is Right

In my coverage of MTTR stock, my main issue hasn’t been with its underlying business. Rather, it’s been with its valuation. Even at today’s prices, based on 2021 projections, shares trade for around 34.5x sales. Sure, this high valuation stems from projections of high annualized revenue growth (nearly 60%) in the coming years.

Sit Tight For Now

Admittedly, it’s not guaranteed downward spiral tech stocks have found themselves lately will continue. Things could soon settle down, if it’s clear the Fed won’t do more to combat inflation beyond raising rates by 0.25% three times this year.