On Nov 06, major Wall Street analysts update their ratings for $Xometry (XMTR.US)$, with price targets ranging from $12 to $34.
Citi analyst Ronald Josey maintains with a buy rating.
RBC Capital analyst Matthew Swanson maintains with a hold rating, and adjusts the target price from $23 to $27.
Cantor Fitzgerald analyst Troy Jensen maintains with a sell rating, and adjusts the target price from $13 to $12.
JMP Securities analyst Nicholas Jones CFA maintains with a buy rating, and adjusts the target price from $32 to $34.
Craig-Hallum analyst Greg Palm maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Xometry (XMTR.US)$'s main analysts recently are as follows:
Xometry's recent quarterly performance surpassed expectations. Despite a challenging manufacturing market, the company is effectively carrying out its strategy, which includes the introduction of new capabilities, a greater emphasis on enterprise, and broadening its supplier network.
Here are the latest investment ratings and price targets for $Xometry (XMTR.US)$ from 5 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
