The latest price target for Desktop Metal (NYSE:DM) was reported by Cantor Fitzgerald on July 8, 2024. The analyst firm set a price target for $5.50 expecting DM to rise to within 12 months (a possible 92.98% upside). 4 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 downgraded their neutral rating.

There is no last upgrade for Desktop Metal

The last downgrade for Desktop Metal Inc happened on July 8, 2024 when Cantor Fitzgerald changed their price target from $12.5 to $5.5 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 July 8, 2024 so you should expect the next rating to be made available sometime around July 8, 2025.

While ratings are subjective and will change, the latest Desktop Metal (DM) rating was a downgraded with a price target of $12.50 to $5.50. The current price Desktop Metal (DM) is trading at is $2.85, which is out of the analyst’s predicted range.