Is Desktop Metal going out of business?
As we advance, Desktop Metal has confirmed that it will close out the year, as an unprofitable entity, with a negative EBITDA of $80 million to $90 million.
Will Desktop Metal stock go up?
Sales growth at Desktop Metal has been impressive, rising 123% year over year in Q4 (including revenue from the company's acquisition of ExOne last year) and rising 583% (to $112.4 million) for all of 2021.
Is Desktop Metal profitable?
Compared to Stratasys, 3D Systems and General Electric, Desktop Metal is still in the early stages of its growth. Revenues are still growing exponentially at 583% year-over-year and gross margin is rising, indicating the potential for future profitability.
Is Desktop Metal being shorted?
11.85% of Desktop Metal's shares are currently sold short. Learn More on Desktop Metal's current short interest.
Is DDD a good stock to buy?
The financial health and growth prospects of DDD, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
Is DM a buy or sell?
Out of 2 analysts, 0 (0%) are recommending DM as a Strong Buy, 0 (0%) are recommending DM as a Buy, 2 (100%) are recommending DM as a Hold, 0 (0%) are recommending DM as a Sell, and 0 (0%) are recommending DM as a Strong Sell. What is DM's earnings growth forecast for 2022-2024?
Does Cathie Wood own desktop metal?
If this appeals to you then you should consider the 3D Printing ETF. The 3D Printing ETF tracks the prices of over 55 different 3D printing stocks. Its top 3 holdings are Desktop Metal, HP and Strauman Holding. It is also run by Cathie Wood's Ark Invest.
Who uses desktop metal?
Since its inception in October 2015, Desktop Metal has raised $97 million and attracted major investors, including GV (formerly Google Ventures), BMW Group, GE, Lowe's, NEA, Kleiner Perkins Caufield & Byers, Lux Capital, Saudi Aramco, and 3D printing leader Stratasys.
Is desktop metal a buy or sell?
Desktop Metal has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.
How much cash does Desktop Metal have?
Related DocumentsDESKTOP METAL, INC. CONSOLIDATED BALANCE SHEETS (in thousands, except share and per share amounts)Cash and cash equivalents65,017483,525Current portion of restricted cash2,129—Short‑term investments204,569111,867Accounts receivable46,6876,51643 more rows•Mar 8, 2022