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NYSE: DM
Desktop Metal Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for DM

Based on 2 analysts offering 12 month price targets for Desktop Metal Inc.
Min Forecast
$2.00+38.89%
Avg Forecast
$3.50+143.06%
Max Forecast
$5.00+247.22%

Should I buy or sell DM stock?

Based on 2 analysts offering ratings for Desktop Metal Inc.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their DM stock forecasts and price targets.

DM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Benchmark
Top 20%
81
Strong BuyReiterates$5.00+247.22%2023-05-26
Credit Suisse
Top 10%
91
HoldMaintains$2.00+38.89%2023-05-11

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Forecast return on equity

Is DM forecast to generate an efficient return?
Company
N/A
Industry
-151.57%
Market
28.82%

Forecast return on assets

Is DM forecast to generate an efficient return on assets?
Company
N/A
Industry
12.93%

DM revenue growth forecast

How is DM forecast to perform vs Computer Hardware companies and vs the US market?
Company
68.21%
Industry
11.88%
Market
8.15%
DM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
DM's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

DM vs Computer Hardware Stocks

TickerPricePrice TargetUp/downsideConsensus
DM$1.44$3.50+143.06%Buy
CAN$1.80$4.00+122.22%Buy
DDD$4.51$6.00+33.04%Sell
VLD$1.41$3.40+141.13%Hold
MKFG$1.34$1.70+26.87%Hold
View Top Computer Hardware Stocks

Desktop Metal Stock Forecast FAQ

Is Desktop Metal Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: DM) stock is to Buy DM stock.

Out of 2 analysts, 1 (50%) are recommending DM as a Strong Buy, 0 (0%) are recommending DM as a Buy, 1 (50%) are recommending DM as a Hold, 0 (0%) are recommending DM as a Sell, and 0 (0%) are recommending DM as a Strong Sell.

If you're new to stock investing, here's how to buy Desktop Metal stock.

What is DM's forecast return on equity (ROE) for 2023-2026?

(NYSE: DM) forecast ROE is N/A, which is considered weak.

What is DM's Price Target?

According to 2 Wall Street analysts that have issued a 1 year DM price target, the average DM price target is $3.50, with the highest DM stock price forecast at $5.00 and the lowest DM stock price forecast at $2.00.

On average, Wall Street analysts predict that Desktop Metal's share price could reach $3.50 by May 26, 2024. The average Desktop Metal stock price prediction forecasts a potential upside of 143.06% from the current DM share price of $1.44.

What is DM's forecast return on assets (ROA) for 2023-2026?

(NYSE: DM) forecast ROA is N/A, which is lower than the forecast US Computer Hardware industry average of 12.93%.
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