DM - Desktop Metal, Inc.
After hours:
| Previous close | 1.9000 |
| Open | 1.9400 |
| Bid | 1.9500 x 4000 |
| Ask | 2.0300 x 28000 |
| Day's range | 1.9100 - 2.0400 |
| 52-week range | 1.1300 - 3.6500 |
| Volume | |
| Avg. volume | 3,966,457 |
| Market cap | 652.757M |
| Beta (5Y monthly) | 0.63 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.5300 |
| Earnings date | 07 Aug 2023 - 11 Aug 2023 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 2.50 |
Motley FoolWhy Stratasys, 3D Systems, and Desktop Metal Stocks All Popped Today
Shares of 3D printer-maker Stratasys (NASDAQ: SSYS), which have tread water for most of the past week, took a sudden turn to the upside on Friday, roaring ahead 10.2% through 12:40 p.m. ET. Rival 3D printing concerns are racing higher as well, with 3D Systems (NYSE: DDD) rising 10.4%, and Desktop Metal (NYSE: DM) up a solid 5%. Because this morning, we learned the rival 3D printer-maker 3D Systems is interested in buying Stratasys.
- Business Wire
Stratasys Announces Receipt of Unsolicited Proposal from 3D Systems
MINNEAPOLIS & REHOVOT, Israel, June 01, 2023--Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys" or the "Company"), a leader in polymer 3D printing solutions, today announced that it has received an unsolicited non-binding indicative proposal from 3D Systems Corporation (NYSE: DDD) ("3D Systems") to acquire Stratasys for $7.50 in cash and 1.2507 newly issued shares of common stock of 3D Systems per ordinary share of Stratasys.
Business WireDesktop Metal, Inc. Adopts Limited Duration Shareholder Rights Plan
BOSTON, May 30, 2023--The Board of Directors of Desktop Metal, Inc. (NYSE: DM) ("Desktop Metal" or the "Company") announced that it adopted a limited duration shareholder rights plan on May 26, 2023, which is scheduled to expire on the earlier of (i) July 24, 2024 and (ii) the effective date of the merger announced yesterday contemplated between the Company and Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys").
Motley FoolWhy Desktop Metal and Stratasys Stocks Rose Today
Last week, investors applauded 3D printer maker Stratasys' (NASDAQ: SSYS) announcement of an apparently impressive quarter in which the company seemed to earn a $0.02 per share profit, when investors had expected a loss (which indeed happened). A few days ago, I explained why investors who bid up Stratasys stock 10% on the news were making a mistake, and why Stratasys' business isn't going as great as it appears. As of 10:50 a.m. ET today, Stratasys stock is up 0.5%, and Desktop Metal is up 2.9%.
ZacksIs Assa Abloy (ASAZY) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Assa Abloy AB (ASAZY) and Desktop Metal, Inc. (DM) have performed compared to their sector so far this year.
- Reuters
3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
The transaction comes after Stratasys rejected multiple takeover offers from Nano Dimension Ltd, its largest shareholder with a 14.2% stake. Nano on Thursday launched a hostile $18.00 per share all-cash offer to boost its stake in Stratasys to between 53% and 55%. Stratasys said it will "carefully review and evaluate" the unsolicited special tender offer and intends to advise its shareholders of the board's stance within 10 business days.
Business WireStratasys to Combine with Desktop Metal in Approximately $1.8 Billion All-Stock Transaction
MINNEAPOLIS & REHOVOT, Israel & BOSTON, May 25, 2023--Stratasys Ltd. (Nasdaq: SSYS) ("Stratasys") and Desktop Metal, Inc. (NYSE: DM) ("Desktop Metal") today announced that they have entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. The transaction unites the polymer strengths of Stratasys with the complementary industrial mass production leadership of Desktop Metal’s brands, creating an additive manufacturing
Bloomberg3D Printer Company Stratasys Is in Talks to Merge with Alphabet-Backed Desktop Metal
(Bloomberg) -- Stratasys Ltd. is in talks to acquire Desktop Metal Inc. in an all-stock deal that would create a leading 3D printer company in a fragmented industry, according to people familiar with the matter. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17McCarthy Signals Debt Deal Optimism as US Put on Credit WatchUS Credit Rating at Risk of Fitch Cut on Debt-Limit ImpasseWorld’s Biggest Nuclear Plant May Stay Closed Due to Papers Left on Car RoofDe
Simply Wall St.Analysts Have Lowered Expectations For Desktop Metal, Inc. (NYSE:DM) After Its Latest Results
The analysts might have been a bit too bullish on Desktop Metal, Inc. ( NYSE:DM ), given that the company fell short of...
ZacksDesktop Metal, Inc. (DM) Reports Q1 Loss, Misses Revenue Estimates
Desktop Metal, Inc. (DM) delivered earnings and revenue surprises of 0% and 13.84%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Business WireDesktop Metal Announces First Quarter 2023 Financial Results
BOSTON, May 10, 2023--DM recognizes revenue of $41.3 million, with a growing number of repeat purchases from customers with multi-machine fleets of AM 2.0 systems.
ZacksCadre Holdings, Inc. (CDRE) Tops Q1 Earnings and Revenue Estimates
Cadre Holdings, Inc. (CDRE) delivered earnings and revenue surprises of 18.75% and 1.32%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
- Simply Wall St.
Both individual investors who control a good portion of Desktop Metal, Inc. (NYSE:DM) along with institutions must be dismayed after last week's 19% decrease
Key Insights Significant control over Desktop Metal by individual investors implies that the general public has more...
- Simply Wall St.
Market Participants Recognise Desktop Metal, Inc.'s (NYSE:DM) Revenues
Desktop Metal, Inc.'s ( NYSE:DM ) price-to-sales (or "P/S") ratio of 3.4x may not look like an appealing investment...
Business WireAidro Achieves Industry-First Global Additive Manufacturing Facility Certification from DNV for Metal 3D Printing with Two Technologies
BOSTON, April 13, 2023--Desktop Metal subsidiary received Additive Manufacturing certification from DNV for both binder jetting and laser powder bed fusion technologies.
- Zacks
Has Constellium (CSTM) Outpaced Other Industrial Products Stocks This Year?
Here is how Constellium (CSTM) and Desktop Metal, Inc. (DM) have performed compared to their sector so far this year.
- Business Wire
Desktop Metal to Release First Quarter 2023 Financial Results on Wednesday, May 10, 2023
BOSTON, April 06, 2023--Desktop Metal, Inc. (NYSE: DM) today announced it will report financial results for the first quarter ended March 31, 2023 after the market closes on Wednesday, May 10, 2023. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal’s Investor Relations website, https://ir.desktopmetal.com.
Business WireDesktop Metal Intensifies Focus on Technical Ceramic Offerings Across Portfolio of Binder Jet Systems
BOSTON, April 04, 2023--Desktop Metal is intensifying its focus on offering technical ceramics and cermets for its binder jet 3D printer systems because of increasing demand.
ZacksIs Desktop Metal (DM) Stock Outpacing Its Industrial Products Peers This Year?
Here is how Desktop Metal, Inc. (DM) and Energy Recovery (ERII) have performed compared to their sector so far this year.
Business WireDesktop Metal Qualifies Copper Alloy C18150 on the Production System™ with Sandvik Additive Manufacturing and Top Five Global Automaker
BOSTON, March 15, 2023--Copper alloy C18150 is now qualified for binder jet 3D printing on the Desktop Metal Production System™ as part of an automotive production project.
Business WireDesktop Metal and TriTech Titanium Parts Qualify Titanium Alloy Ti64 for Binder Jet 3D Printing on the Production System™
BOSTON, March 15, 2023--Desktop Metal, in collaboration with Detroit-based TriTech Titanium Parts, announced that Ti64 has been customer-qualified on the Production System™.
Business WireDesktop Metal and CETIM Qualify 304L Stainless Steel for 3D Printing on Shop System™
BOSTON, March 15, 2023--Desktop Metal, in partnership with CETIM, has qualified 304L for binder jet 3D printing on the Shop System — simplifying production of complex parts.
Business WireDesktop Metal Launches Live Suite™, an End-to-End Software Hub that Delivers Generative AI Solutions for Additive Manufacturing 2.0
BOSTON, March 06, 2023--Desktop Metal introduces Live Suite — a new package of powerful end-to-end software programs for Additive Manufacturing 2.0 across Team DM brands.
- Simply Wall St.
Calculating The Fair Value Of Desktop Metal, Inc. (NYSE:DM)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Desktop Metal fair value estimate is US$2.74 Desktop Metal's...
Motley FoolWhy Desktop Metal Shares Popped 26% This Morning
Shares of 3D printer maker Desktop Metal (NYSE: DM) surged 26.3% through 12:30 p.m. ET on Thursday after beating analyst sales projections for the fiscal fourth quarter. Its financial report, which came out after close of trading Wednesday, showed that the company generated $60.6 million in revenue in the fourth quarter, while Wall Street only expected $54.4 million. Desktop beat on sales, but its year-over-year growth for the quarter was actually less than 7%.