Desktop Metal Stock (NYSE:DM), Analyst Ratings, Price Targets, Predictions

The latest price target for Desktop Metal (NYSE: DM) was reported by Cantor Fitzgerald on February 28, 2024. The analyst firm set a price target for $1.25 expecting DM to rise to within 12 months (a possible 60.26% upside). 3 analyst firms have reported ratings in the last year.

The latest analyst rating for Desktop Metal (NYSE: DM) was provided by Cantor Fitzgerald, and Desktop Metal initiated their overweight rating.

There is no last upgrade for Desktop Metal.

The last downgrade for Desktop Metal Inc happened on November 16, 2021 when Cross Research changed their price target from N/A to N/A for Desktop Metal Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Desktop Metal, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Desktop Metal was filed on February 28, 2024 so you should expect the next rating to be made available sometime around February 28, 2025.

While ratings are subjective and will change, the latest Desktop Metal (DM) rating was a initiated with a price target of $0.00 to $1.25. The current price Desktop Metal (DM) is trading at is $0.78, which is within the analyst’s predicted range.