Desktop Metal (DM)
(Delayed Data from NYSE)
$4.06 USD
-0.03 (-0.73%)
Updated Aug 16, 2024 04:00 PM ET
After-Market: $4.08 +0.02 (0.49%) 7:58 PM ET
4-Sell of 5 4
F Value A Growth D Momentum D VGM
Desktop Metal, Inc. (DM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$21.17 | $50.00 | $5.00 | 417.60% |
Price Target
Based on short-term price targets offered by three analysts, the average price target for Desktop Metal, Inc. comes to $21.17. The forecasts range from a low of $5.00 to a high of $50.00. The average price target represents an increase of 417.6% from the last closing price of $4.09.
Analyst Price Targets (3 )
Broker Rating
Desktop Metal, Inc. currently has an average brokerage recommendation (ABR) of 2.50 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by four brokerage firms. The current ABR compares to an ABR of 2.50 a month ago based on four recommendations.
Of the four recommendations deriving the current ABR, one is Strong Buy, representing 25% of all recommendations. A month ago, Strong Buy represented 25%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/DM.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 2 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 3 | 3 | 3 | 1 | 1 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 2.50 | 2.50 | 2.50 | 1.67 | 1.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/8/2024 | Cantor Fitzgerald & Co | Troy Jensen | Strong Buy | Hold |
7/1/2024 | Craig-Hallum | Greg Palm | Not Available | Hold |
5/9/2024 | Lake Street Capital Markets | Jacob M Stephan | Hold | Hold |
3/15/2024 | The Benchmark Company | Josh Sullivan | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.50 |
ABR (Last week) | 2.50 |
# of Recs in ABR | 4 |
Average Target Price | $21.17 |
LT Growth Rate | NA |
Industry | Manufacturing - Print |
Industry Rank by ABR | 240 of 253 |
Current Quarter EPS Est: | NA |