$4.50
1.75% yesterday
NYSE, Nov 15, 10:10 pm CET
ISIN
US25058X1054
Symbol
DM

Desktop Metal Inc - Ordinary Shares - Class A Target price 2024 - Analyst rating & recommendation

Desktop Metal Inc - Ordinary Shares - Class A Classifications & Recommendation:

Hold
100%

Desktop Metal Inc - Ordinary Shares - Class A Price Target

Target Price $5.00
Price $4.50
Potential
Number of Estimates 1
1 Analyst has issued a Desktop Metal Inc - Ordinary Shares - Class A price target 2025. The average Desktop Metal Inc - Ordinary Shares - Class A target price is $5.00. This is higher than the current stock price.
A rating was issued by 1 analysts: 0 Analysts recommend Desktop Metal Inc - Ordinary Shares - Class A to buy, 1 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Desktop Metal Inc - Ordinary Shares - Class A stock has an average upside potential 2025 of . Most analysts recommend the Desktop Metal Inc - Ordinary Shares - Class A stock at Hold.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 189.70 160.00
9.24% 15.66%
Net Margin -176.12% -83.28%
370.28% 52.71%

1 Analyst has issued a sales forecast Desktop Metal Inc - Ordinary Shares - Class A 2024 . The average Desktop Metal Inc - Ordinary Shares - Class A sales estimate is

$160m
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. This is
4.92% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$160m 4.92%
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, the lowest is
$160m 4.92%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $190m 9.24%
2024
$160m 15.66%
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2025
$170m 6.25%
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The average Desktop Metal Inc - Ordinary Shares - Class A net profit estimate is

$-133m
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. This is
64.13% higher
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than the net profit for the last 12 months(TTM).

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-334m 326.81%
2024
$-133m 60.12%
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2025
$-104m 22.00%
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Net Margin

2023 -176.12% 370.28%
2024
-83.28% 52.71%
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2025
-61.13% 26.60%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Dec '23 2024
Estimates
Earnings Per Share $ -10.03 -4.00
326.81% 60.12%
P/E negative
EV/Sales 1.62

The average Desktop Metal Inc - Ordinary Shares - Class A <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-4.00
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. This is
64.13% higher
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than earnings per share in the financial year 2023.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-10.03 326.81%
2024
$-4.00 60.12%
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2025
$-3.12 22.00%
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P/E ratio

Current -0.40 25.93%
2024
-1.13 182.50%
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2025
-1.44 27.43%
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Based on analysts' sales estimates for 2024, the Desktop Metal Inc - Ordinary Shares - Class A stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.54 6.21%
2024
1.62 5.16%
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2025
1.52 5.88%
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P/S ratio

Current 0.89 30.11%
2024
0.94 5.18%
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2025
0.88 5.89%
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