Market cap $432.31M
Enterprise value $1.31B
Revenue $188.982M
EBITDA -$91.94
Income -$322.73
Revenue Q/Q -1.73%
Revenue Y/Y -8.54%
P/E 2.89
Forward P/E N/A
EV/Sales 6.95
EV/EBITDA N/A
EV/EBIT N/A
PEG N/A
Price/Sales 2.29
P/FCF N/A
Price/Book 1.79
Book/Share 2.78
Cash/Share 0.97
FCF yield -20.83%
Employees N/A
RPE N/A
Volume 3.824M / 2.569M
Relative vol. 1.49 ×
EPS N/A
EPS Q/Q 25.00%
Est. EPS Q/Q -20.00%
Profit margin -170.41%
Oper. margin -169.48%
Gross margin -5.32%
EBIT margin -169.48%
EBITDA margin -48.65%
Ret. on assets -58.91%
Ret. on equity -100.15%
ROIC -53.32%
ROCE -93.59%
Volatility 10.93%
Beta N/A
RSI 83.23
Range $3.62 – $6.00
52 weeks $0.46 – $5.25
SMA 50 $1 +76.84%
SMA 200 $1 +83.45%
1 year target $15 +197.79%
Mean Recomm. 2.20
Shares outst. 255.777M
Shares float 143.331M 56.04%
Short % of float 23.48%
Short ratio 18.06

Recent Desktop Metal news

Friday, 7 June 2024
 
businesswire
Desktop Metal to Effect a Reverse Stock Split
Wednesday, 29 November 2023
 
ir.desktopmetal
Desktop Health Announces First Patients Treated with FDA-Cleared CMFlex™ – an Off-the-Shelf 3D Printed Synthetic Bone Graft Product Pioneered by Dimension Inx on the 3D-Bioplotter®
ir.desktopmetal
Desktop Metal, Inc. Receives Continued Listing Standard Notice from NYSE
Thursday, 2 November 2023
 
ir.desktopmetal
Desktop Metal to Release Third Quarter 2023 Financial Results on Thursday, November 9, 2023
Tuesday, 10 October 2023
 
morningstar
Desktop Metal Launches the ETEC Pro XL — an Industrial Polymer 3D Printer that Drives New Affordability in Premium DLP Technology at Half the Price of its Predecessor
Monday, 9 October 2023
 
ir.desktopmetal
Desktop Metal, Inc. Announces Termination of Shareholder Rights Plan
Friday, 22 September 2023
 
reuters
Glass Lewis recommends Stratasys shareholders reject Desktop Metal deal
Thursday, 21 September 2023
 
reuters
Activist investor Donerail to vote against Stratasys acquisition of Desktop Metal
Monday, 31 July 2023
 
insidermonkey
10 Best Small Cap AI Stocks To Buy Now
Monday, 17 July 2023
 
insidermonkey
13 Most Promising Robotics Stocks According to Analysts
Tuesday, 6 June 2023
 
yahoo
Digital Foundry Leader ExOne to Showcase the World’s Most Trusted Sand 3D Printing Systems at the GIFA International Foundry Trade Fair in Germany
Friday, 2 June 2023
 
fool
Why Stratasys, 3D Systems, and Desktop Metal Stocks All Popped Today
Thursday, 1 June 2023
 
investors.stratasys
Stratasys Announces Receipt of Unsolicited Proposal from 3D Systems
8-K 10 Jun 2024 Material Modifications to Rights of Security Holders; Amendments to Articles of Incorporation or Bylaws; Ch...
8-K 5 Jun 2024 Other Events; Financial Statements and Exhibits
8-K 9 May 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
10-Q 9 May 2024 Quarterly report
10-K 15 Mar 2024 Yearly report
8-K 15 Mar 2024 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 24 Jan 2024 Cost Associated with Exit or Disposal Activities; Regulation FD Disclosure; Financial Statements and Exhibits
8-K 29 Nov 2023 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; Regula...
10-Q 9 Nov 2023 Quarterly report
8-K 9 Nov 2023 Results of Operations and Financial Condition; Financial Statements and Exhibits
8-K 10 Oct 2023 Entry into a Material Definitive Agreement; Termination of a Material Definitive Agreement; Material Modifi...

Desktop Metal executives

Insider Age Since Compensation
Ric Fulop (46) Co-Founder, CEO, and Chairman 46 $483,008
Steven A. Billow (53) Pres 53 $459,464
Thomas Nogueira
James Haley (48) CFO and Treasurer 48
Prof. Yet-Ming Chiang
Prof. A. John Hart Ph.D.
Prof. Christopher A. Schuh Ph.D.
Dr. Emanuel M. Sachs Ph.D.
Rick Chin
Jonah Myerberg (44) Co-Founder and CTO 44

Quarterly EPS estimates

Profit margin

Debt to assets

Cash flow

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Current assets
Cash $65.775 $84.078 $108.273 $122.484
Short term investments $0.495 $0.625 $0.803 $5.933
Net receivables $35.42 $37.69 $40.088 $41.235
Inventory $83.097 $82.639 $107.196 $100.33
Total current assets $197.323 $216.137 $281.347 $287.023
Long term investments $0.612 $0.612 $0.612 $0.612
Property, plant & equipment $31.651 $35.84 $38.387 $42.307
Goodwill & intangible assets $146.545 $168.259 $287.453 $312.35
Total noncurrent assets $214.707 $241.864 $362.917 $390.075
Total investments $1.107 $1.237 $1.415 $6.545
Total assets $412.03 $458.001 $644.264 $677.098
Current liabilities
Accounts payable $18.332 $18.19 $32.114 $25.041
Deferred revenue $17.743 $15.435 $20.795 $16.51
Short long term debt $8.069 $7.734 $7.012 $6.32
Total current liabilities $69.787 $70.104 $90.958 $82.159
Long term debt $135.368 $136.22 $136.182 $135.582
Total noncurrent liabilities $144.905 $146.245 $147.732 $150.48
Total debt $143.437 $143.954 $143.194 $141.902
Total liabilities $214.692 $216.349 $238.69 $232.639
Stockholders' equity
Retained earnings -$1,684.323 -$1,632.225 -$1,457.696 -$1,411.323
Other stockholder equity -$35.878 -$34.66 -$38.693 -$37.798
Total stockholder equity $197.338 $241.652 $405.574 $444.459
(in millions USD) 2023 2022 2021
Current assets
Cash $84.078 $80.801 $67.146
Short term investments $0.625 $108.243 $204.569
Net receivables $37.69 $38.481 $46.687
Inventory $82.639 $91.736 $65.399
Total current assets $216.137 $336.416 $402.009
Long term investments $0.612 $1.112 $1.112
Property, plant & equipment $35.84 $56.271 $58.71
Goodwill & intangible assets $168.259 $332.785 $901.285
Total noncurrent assets $241.864 $417.931 $986.587
Total investments $1.237 $109.355 $205.681
Total assets $458.001 $754.347 $1,388.596
Current liabilities
Accounts payable $18.19 $25.105 $31.558
Deferred revenue $15.435 $17.383 $22.697
Short long term debt $7.734 $6.314 $6.352
Total current liabilities $70.104 $83.387 $104.065
Long term debt $136.22 $130.005 $13.625
Total noncurrent liabilities $146.245 $143.458 $36.181
Total debt $143.954 $136.319 $19.977
Total liabilities $216.349 $226.845 $140.246
Stockholders' equity
Retained earnings -$1,632.225 -$1,308.954 -$568.611
Other stockholder equity -$34.66 -$38.368 -$6.414
Total stockholder equity $241.652 $527.502 $1,248.35

Income statement

(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Revenue
Total revenue $40.6 $52.346 $42.75 $53.286
Cost of revenue $42.806 $69.085 $40.826 $47.197
Gross profit -$2.206 -$16.739 $1.924 $6.089
Operating activities
Research & development $19.813 $20.274 $20.455 $21.223
Selling, general & administrative $27.37 $27.337 $18.077 $33.384
Total operating expenses $47.183 $160.528 $47.044 $54.607
Operating income -$49.389 -$177.267 -$45.12 -$48.518
Income from continuing operations
EBIT -$49.389 -$177.267 -$45.12 -$48.518
Income tax expense -$0.198 -$2.43 -$0.141 $0.023
Interest expense $2.907 -$0.308 $1.394 $1.187
Net income
Net income -$52.098 -$174.529 -$46.373 -$49.728
Income (for common shares) -$52.098 -$174.529 -$46.373 -$49.728
(in millions USD) 2023 2022 2021
Revenue
Total revenue $189.698 $209.023 $112.408
Cost of revenue $199.788 $193.952 $94.115
Gross profit -$10.09 $15.071 $18.293
Operating activities
Research & development $85.096 $96.878 $68.131
Selling, general & administrative $106.606 $151.156 $126.036
Total operating expenses $313.131 $746.834 $219.748
Operating income -$323.221 -$731.763 -$201.455
Income from continuing operations
EBIT -$323.221 -$731.763 -$258.031
Income tax expense -$3.105 -$1.498 -$29.668
Interest expense $3.155 $10.078 $11.971
Net income
Net income -$323.271 -$740.343 -$240.334
Income (for common shares) -$323.271 -$740.343 -$240.334
(in millions USD) 31 Mar 2024 31 Dec 2023 30 Sep 2023 30 Jun 2023
Net income -$52.098 -$174.529 -$46.373 -$49.728
Operating activities
Depreciation $24.185 $13.31 $13.357 $13.532
Business acquisitions & disposals -$5.339 $4.089
Stock-based compensation $7.838 $6.478 $7.683 $9.703
Total cash flows from operations -$17.409 -$23.141 -$21.36 -$33.148
Investing activities
Capital expenditures -$0.093 -$0.053 -$1.404 $6.577
Investments $4.089 $5 $42.879
Total cash flows from investing -$0.093 -$1.303 $7.685 $49.456
Financing activities
Dividends paid
Sale and purchase of stock $0.046 $0.56
Net borrowings -$0.079 -$0.082 -$0.009 -$0.078
Total cash flows from financing -$0.407 -$0.185 -$0.002 $0.473
Effect of exchange rate -$0.394 $0.434 -$0.534 -$0.144
Change in cash and equivalents -$18.303 -$24.195 -$14.211 $16.637
(in millions USD) 2023 2022 2021
Net income -$323.271 -$740.343 -$240.334
Operating activities
Depreciation $53.632 $50.767 $24.854
Business acquisitions & disposals -$1.75 -$0.023 -$287.624
Stock-based compensation $33.177 $48.001 $28.778
Total cash flows from operations -$114.995 -$181.531 -$155.048
Investing activities
Capital expenditures $7.18 -$11.511 -$7.639
Investments $111.835 $92.901 -$111.144
Total cash flows from investing $117.265 $81.567 -$427.294
Financing activities
Dividends paid
Sale and purchase of stock $1.203 $3.19 $177.091
Net borrowings -$0.419 $110.839 -$10
Total cash flows from financing $0.534 $113.786 $166.55
Effect of exchange rate -$0.027 -$0.167 -$0.087
Change in cash and equivalents $2.777 $13.655 -$415.879

Recent institutional transactions

Quarter Shareholder Change
Shares owned
Shares
Value (in thousands USD)
2024 Q1 Ark Investment Management
+82.17%
7,210,622 $6,345,347
2024 Q1 Lazard Asset Management
Opened
1,770,962 $1,558
2024 Q1 Kingswood Wealth Advisors
-41.17%
1,569,287 $1,380,972
2024 Q1 Walleye Trading
-86.02%
174,887 $153,901
2024 Q1 Blackrock
-4.73%
20,097,123 $17,685,468
2024 Q1 Gts Securities
-81.75%
145,870 $128,366
2024 Q1 Group One Trading, L.P.
-11.86%
3,077,382 $2,708,096
2024 Q1 Invesco
+61.04%
1,085,451 $955,196
2024 Q1 Proshare Advisors
-87.86%
51,023 $44,900
2024 Q1 State Street Corp
-6.37%
5,370,551 $4,726,085

Institutional shareholders

Shareholder Stake
Shares owned
Shares
Value (in thousands USD)
Vanguard Group Inc 8.57% 21,932,564
Blackrock 7.86% 20,097,123
Kpcb Xvi Associates 6.93% 17,721,150
Nea Management 5.63% 14,398,927
Alphabet 4.32% 11,048,730
Koch Industries Inc 3.67% 9,384,282
Ark Investment Management 2.82% 7,210,622
State Street Corp 2.10% 5,370,551
Group One Trading, L.P. 1.20% 3,077,382
Xn Exponent Advisors 0.99% 2,527,364