Is Matterport a stock for the long haul?
Find the latest Matterport, Inc. (MTTR) stock quote, history, news and other vital information to help you with your stock trading and investing.
Why bears are circling around Matterport stock?
Matterport, Inc. operates as a spatial data company that focuses on digitizing and indexing the built world. The firm's products include 3D content …
Why Matterport could be a growth machine?
Apr 04, 2022 · Matterport's stock is owned by many different retail and institutional investors. Top institutional shareholders include Carnegie Capital Asset Management LLC (0.24%), ARK Investment Management LLC (0.19%), Cutler Group LP (0.00%), Griffin Asset Management Inc. (0.02%), Foundations Investment Advisors LLC (0.01%) and Icapital Wealth LLC (0.01%).
When will Matterport merge?
Apr 21, 2022 · A high-level overview of Matterport, Inc. (MTTR) stock. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools.
Is Matterport a real estate stock?
While Matterport is not a real estate investment, its spatial imaging solutions are relevant across the entire industry spectrum. Therefore, a positive backdrop for the housing market and the consumer economy will likely yield downwind benefits for MTTR stock.Mar 24, 2022
Can you buy Matterport stock?
Matterport is leading the digital transformation of the built world. Their groundbreaking spatial computing platform turns buildings into data making every space more valuable and accessible. , you can buy Matterport, Inc. stock in any dollar amount, or any other fund or stock you know on Stash.
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, Wednesday131.174Feb 16, 2022
Who owns Matterport stock?
Top 10 Owners of Matterport IncStockholderStakeShares ownedThe Vanguard Group, Inc.1.53%4,282,666Senator Investment Group LP1.25%3,500,000BlackRock Fund Advisors1.16%3,248,444Morgan Stanley Investment Managem...0.89%2,491,5556 more rows
Is Matterport a buy or sell?
Matterport's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 7 Wall Streets Analysts.
How do I invest in Matterport Inc?
How to buy shares in MatterportChoose a platform. If you're a beginner, our share-dealing table below can help you choose.Open your account. ... Confirm your payment details. ... Search the platform for stock code: MTTR in this case.Research Matterport shares. ... Buy your Matterport shares.
Can Matterport reach $100?
Based on that opportunity, the company believes its market cap could surpass $100 billion long term. During its latest investor day, Matterport offered an impressive projection for $747 million of annual revenue by 2025, which would represent a whopping compound annual growth rate (CAGR) of 59% between 2019 and 2025.Mar 29, 2021
Does Matterport pay dividends?
MATTERPORT (NASDAQ: MTTR) does not pay a dividend.
Is Matterport a good investment 2022?
Matterport stock has been beaten down in 2022, and the Q4 report has accelerated the decline. Matterport's transition to a subscription model should pay off eventually, thanks to its high-margin nature.Mar 3, 2022
Is Matterport Inc profitable?
During 2021's fourth quarter (Q4), Matterport's total subscriber count increased 98% year-over-year to 503,000. Consequently, the company's Q4 2021 subscription revenue grew 32% year-over-year to $16.5 million. Overall, there is no denying that Matterport is making money.Mar 19, 2022
Is Matterport a buy right now?
6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last year. There are currently 6 buy ratings fo...
When is Matterport's next earnings date?
Matterport is scheduled to release its next quarterly earnings announcement on Wednesday, May 18th 2022. View our earnings forecast for Matterport .
How were Matterport's earnings last quarter?
Matterport Inc (NASDAQ:MTTR) posted its quarterly earnings data on Wednesday, February, 16th. The company reported ($0.10) earnings per share (EPS)...
What guidance has Matterport issued on next quarter's earnings?
Matterport issued an update on its FY 2022 earnings guidance on Wednesday, March, 9th. The company provided earnings per share guidance of $-0.520-...
What price target have analysts set for MTTR?
6 brokers have issued 1 year price objectives for Matterport's shares. Their forecasts range from $9.00 to $25.00. On average, they expect Matterpo...
Who are some of Matterport's key competitors?
Some companies that are related to Matterport include Guidewire Software (GWRE) , Asana (ASAN) , Gitlab (GTLB) , Anaplan (PLAN) , monday.com (...
What is Matterport's stock symbol?
Matterport trades on the NASDAQ under the ticker symbol "MTTR."
Who are Matterport's major shareholders?
Matterport's stock is owned by a variety of institutional and retail investors. Top institutional investors include DCM International VI Ltd. (8.19...
Which major investors are selling Matterport stock?
MTTR stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, PEAK6 Investments LLC, Vir...
About Matterport
Matterport (NASDAQ:MTTR) Frequently Asked Questions
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.
Why is MTTR Stock Tanking So Badly?
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.
Can Matterport Make a Comeback?
On paper, the attributes supporting the underlying business of MTTR stock is compelling. Indeed, if you consider the litany of social media posts supporting Matterport, you might consider the red ink that shares printed a buying opportunity. But then, the uncomfortable question comes up.
Look at the Bigger Picture
Usually, when an asset loses more than 70% of its market value over a short period, there’s a reason for it – and not a good one. Of course, I understand the temptation to acquire MTTR stock. After all, you should buy when others are fearful and sell when others are greedy. There’s a lot of fear going on so why not, right?
This recent SPAC is going after a large market opportunity. Find out if it belongs in your portfolio
Even if the Fed didn’t do anything and just let the monetary situation be, I still would have issues with MTTR stock. Mainly, I’m skeptical of the idea that housing prices will continue to rise.
What is Matterport?
Matterport ( GHVI ) is a technology company going public through a special purpose acquisition corporation (SPAC) called Gores Holding VI. Since the merger was announced in February, share prices of the SPAC have gone on a wild ride, soaring over 100% to $20 a share before settling down to around $14.75, which is where the stock sits today.
NASDAQ: GHVI
Matterport helps companies and individuals create virtual versions of 3D spaces. Called "digital twins," these interactive representations of the real world help people analyze properties without actually having to physically be in them. To create a digital twin, customers use cameras (including just a smartphone) to capture their space.
It is going after a gigantic opportunity
Then, they upload the data to Matterport, which processes it and creates a digital twin that the customer can interact with and analyze. The value proposition is that users of Matterport can create realistic versions of the physical world that anyone else can access and analyze virtually, saving everyone time and money.
So is the stock a buy?
As you may have inferred from the product's wide-ranging applications, Matterport management thinks digital twins have a huge addressable market to go after. In its SPAC presentation, the company thinks there is a $240 billion total addressable market (TAM) for digital twins, with 20 billion spaces around the globe.
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In its SPAC presentation in February, Matterport outlined its long-term revenue projections. It expects to hit $123 million in sales this year and thinks it can get to $747.3 million in annual revenue by 2025, most of which will come from software subscriptions.
