What is the ticker symbol for Matterport?
Multiple insiders bought Matterport, Inc. (NASDAQ:MTTR) stock earlier this year, a positive sign for shareholders. It is usually uneventful when a single insider buys stock.
Should you buy Matterport (MTTR) stock?
MTTR | Complete Matterport Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
Is Matterport efficiently growing its dividend?
Apr 04, 2022 · Current Symbol NASDAQ:MTTR Previous Symbol CUSIP N/A CIK 1819394 Web matterport.com Phone 650-641-2241 Fax N/A Employees 485 Year Founded N/A Sales & Book Value Annual Sales $111.17 million Price / Sales 16.90 Cash Flow N/A Price / Cash Flow N/A Book Value $1.11 per share Price / Book 6.03 Profitability EPS (Most Recent Fiscal Year) N/A Net …
What's happening with Matterport SPAC stock?
Feb 10, 2022 · Matterport Stock: Talking about ticker symbol Matterport (MTTR), I will be giving you an overview of the company tell you what they do and how they make money stick around until the end for new developments in the company stock forecast and price targets by the end of this answer you should be able to determine if investing in Matterport is right for you.
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.
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.
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 overvalued?
Valuation. With a market cap over $5.5B, Matterport is richly valued trading at over 50x the FY21 revenue guidance of $110M. They are valued like a high growth software company demanding a high revenue multiple, but we have seen slow revenue growth that depends highly on product sales and services.Nov 18, 2021
Why is Matterport stock dropping?
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.Mar 10, 2022
Is Matterport stock a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
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
Where will stocks bottom?
Stocks tend to bottom when there are few sellers of that particular stock. It sounds ridiculously simple, but think about it: if few sellers exist, more buyers remain and buyers are more willing to pay a higher price for the stock. This means a price bottom has formed.
Is Immr stock a buy?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80)....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Does Matterport have any debt?
Matterport debt/equity for the three months ending September 30, 2021 was 0.00. Matterport Inc. is a spatial data company driving the digital transformation of the built world.
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?
How much revenue does Matterport expect to make in 2025?
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.
Can Matterport grow?
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.
Is Matterport a SPAC?
An onslaught of competition doesn't mean Matterport can't grow (the market is large enough for multiple players), but it will require strong execution from management and adds a layer of risk to this investment.
MTTR Stock Keeps Falling
Matterport ( NASDAQ: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.
The Bottom Line
The first time I wrote about Matterport was on Dec. 13, 2021. It closed at $22.86. The second time was two days later. Despite the good news about its early warrant redemption, it closed at $22.33 on Dec. 15.
