Next quarter’s earnings estimate for DM is -$0.28 with a range of -$0.28 to -$0.28. The previous quarter’s EPS was -$0.47. DM beat its EPS estimate 25.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 66.89% of the time in the same period. In the last calendar year DM has Underperformed its overall industry.

DM Sales Forecast

Next quarter’s sales forecast for DM is $44.10M with a range of $44.10M to $44.10M. The previous quarter’s sales results were $36.41M. DM beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 66.60% of the time in the same period. In the last calendar year DM has Underperformed its overall industry.

Detailed List of Analyst Forecasts

Ranks

Any

Analyst Rating

Any

Upside/ Downside

Any

Action

Any

Greg Palm

Craig-Hallum

―

Hold

―

Assigned

07/30/24

Desktop Metal (DM) Receives a Hold from Craig-Hallum

Troy Jensen

Cantor Fitzgerald

$12.5→$5.5

Hold

92.98%

Upside

Downgraded

07/07/24

Neutral Rating on Desktop Metal Amid Acquisition by Nano Dimension with Limited Upside Potential

Jacob Stephan

Lake Street

$8.5

Hold

198.25%

Upside

Reiterated

05/09/24

Desktop Metal (DM) Receives a Hold from Lake Street

DM Analyst Recommendation Trends

Rating

Feb 24

Mar 24

May 24

Jun 24

Jul 24

Strong Buy

Buy

Hold

Sell

Strong Sell

total

In the current month, DM has received 1 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. DM average Analyst price target in the past 3 months is ―.

Each month's total comprises the sum of three months' worth of ratings.

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DM Stock Forecast FAQ

What is DM’s average 12-month price target, according to analysts?

Currently, no data Available

What is DM’s upside potential, based on the analysts’ average price target?

Currently there's no upside potential for DM, based on the analysts’ average price target.

Can I see which stocks the top-ranking analysts are rating?

Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

How can I follow the stock ratings of top Wall Street analysts?

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Is DM a Buy, Sell or Hold?

Currently, no data Available

What is Desktop Metal’s price target?

Currently, no data Available

What do analysts say about Desktop Metal?

Not enough analysts have published a price target to provide an average price target.

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Desktop Metal (DM) Stock Forecast & Price Target

DM Analyst Ratings

DM Stock 12 Month Forecast

DM Financial Forecast

DM Earnings Forecast

DM Sales Forecast

Detailed List of Analyst Forecasts​

DM Analyst Recommendation Trends

DM Stock Forecast FAQ

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Detailed List of Analyst Forecasts