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

Analyst price target for DM

Based on 1 analyst offering 12 month price targets for Desktop Metal Inc.
Min Forecast
$12.50+202.66%
Avg Forecast
$12.50+202.66%
Max Forecast
$12.50+202.66%

Should I buy or sell DM stock?

Based on 1 analyst offering ratings for Desktop Metal Inc.
Strong Buy
Strong Buy
1 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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DM stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-28

1 of 1

Forecast return on equity

Is DM forecast to generate an efficient return?
Company
N/A
Industry
-112.39%
Market
81.23%

Forecast return on assets

Is DM forecast to generate an efficient return on assets?
Company
N/A
Industry
8.44%

DM earnings per share forecast

What is DM's earnings per share in the next 1 years based on estimates from 1 analyst?
Avg 1 year Forecast
-$1.46

DM revenue growth forecast

How is DM forecast to perform vs Computer Hardware companies and vs the US market?
Company
16.1%
Industry
13.8%
Market
9.86%
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$4.13$12.50+202.66%Strong Buy
ALOT$14.94N/AN/A
RGTI$0.95$3.17+232.32%Strong Buy
YIBO$2.00N/AN/A
INVE$4.30$8.75+103.49%Strong Buy

Desktop Metal Stock Forecast FAQ

Is Desktop Metal Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NYSE: DM) stock is to Strong Buy DM stock.

Out of 1 analyst, 1 (100%) are recommending DM as a Strong Buy, 0 (0%) are recommending DM as a Buy, 0 (0%) 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 earnings growth forecast for 2024-2024?

(NYSE: DM) Desktop Metal's forecast annual earnings growth rate of N/A is not forecast to beat the US Computer Hardware industry's average forecast earnings growth rate of 26.03%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 18.95%.

Desktop Metal's earnings in 2024 is -$322,728,000.

In 2024, DM is forecast to generate -$48,237,810 in earnings, with the lowest earnings forecast at -$48,237,810 and the highest earnings forecast at -$48,237,810.

What is DM's forecast return on equity (ROE) for 2024-2027?

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

What is DM's Price Target?

According to 1 Wall Street analyst that have issued a 1 year DM price target, the average DM price target is $12.50, with the highest DM stock price forecast at $12.50 and the lowest DM stock price forecast at $12.50.

The Wall Street analyst predicted that Desktop Metal's share price could reach $12.50 by Feb 28, 2025. The average Desktop Metal stock price prediction forecasts a potential upside of 202.66% from the current DM share price of $4.13.

What is DM's Earnings Per Share (EPS) forecast for 2024-2024?

(NYSE: DM) Desktop Metal's current Earnings Per Share (EPS) is -$9.90. In 2024, DM's EPS is forecast to hit -$1.46 (min: -$1.46, max: -$1.46).

What is DM's forecast return on assets (ROA) for 2024-2027?

(NYSE: DM) forecast ROA is N/A, which is lower than the forecast US Computer Hardware industry average of 8.44%.
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