Royal Bank Of Canada Cuts Xometry (NASDAQ:XMTR) Price Target to $55.00

Xometry (NASDAQ:XMTR) had its price objective lowered by Royal Bank Of Canada from $64.00 to $55.00 in a report issued on Wednesday morning,Benzinga reports. Royal Bank Of Canada currently has a sector perform rating on the stock.

A number of other equities analysts also recently commented on XMTR. Weiss Ratings restated a “sell (e+)” rating on shares of Xometry in a report on Wednesday, January 21st. Cantor Fitzgerald lifted their target price on Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Citizens Jmp set a $75.00 price objective on Xometry in a research report on Wednesday, November 5th. The Goldman Sachs Group lifted their price objective on shares of Xometry from $49.00 to $56.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Finally, Zacks Research lowered shares of Xometry from a “hold” rating to a “strong sell” rating in a research report on Friday, January 30th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $62.00.

Xometry Price Performance

Shares of NASDAQ XMTR opened at $41.01 on Wednesday. The company has a current ratio of 3.76, a quick ratio of 3.58 and a debt-to-equity ratio of 1.18. The company’s 50-day moving average price is $60.65 and its 200 day moving average price is $56.02. The stock has a market cap of $2.10 billion, a price-to-earnings ratio of -33.61 and a beta of 0.86. Xometry has a 52 week low of $18.59 and a 52 week high of $73.87.

Xometry (NASDAQ:XMTR) last posted its quarterly earnings data on Tuesday, February 24th. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.12 by $0.04. The business had revenue of $192.40 million for the quarter, compared to analyst estimates of $183.37 million. Xometry had a negative return on equity of 5.49% and a negative net margin of 8.99%.The business’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.06 earnings per share. As a group, research analysts forecast that Xometry will post -0.66 earnings per share for the current fiscal year.

Insider Buying and Selling at Xometry

In related news, insider Subir Dutt sold 3,929 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $65.55, for a total value of $257,545.95. Following the completion of the sale, the insider owned 67,419 shares in the company, valued at approximately $4,419,315.45. This trade represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO James Miln sold 15,103 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $43.46, for a total value of $656,376.38. Following the completion of the transaction, the chief financial officer owned 173,123 shares of the company’s stock, valued at $7,523,925.58. The trade was a 8.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 127,852 shares of company stock valued at $6,993,940 in the last three months. Company insiders own 9.66% of the company’s stock.

Institutional Investors Weigh In On Xometry

A number of hedge funds have recently added to or reduced their stakes in XMTR. Kemnay Advisory Services Inc. bought a new stake in shares of Xometry during the fourth quarter worth $28,000. Quantbot Technologies LP acquired a new position in Xometry in the 3rd quarter worth $30,000. Advisors Asset Management Inc. boosted its position in Xometry by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,015 shares of the company’s stock worth $34,000 after acquiring an additional 412 shares during the last quarter. Westend Capital Management LLC acquired a new position in shares of Xometry during the 3rd quarter worth about $41,000. Finally, GAMMA Investing LLC increased its holdings in Xometry by 26.5% during the fourth quarter. GAMMA Investing LLC now owns 773 shares of the company’s stock worth $46,000 after buying an additional 162 shares during the last quarter. Institutional investors own 97.31% of the company’s stock.

Key Xometry News

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Company delivered a solid quarter — revenue grew ~29.5% year‑over‑year and Q4 EPS beat consensus, supporting the long‑term growth story. Read More.
• Positive Sentiment: Management will attend investor conferences (including a March 3 fireside chat), giving investors more access to management and clarity on the upcoming CEO transition. Read More.
• Positive Sentiment: Some firms remain constructive — Citigroup and Wedbush kept buy/outperform stances even while trimming targets, which preserves upside conviction among bullish investors. Read More.
• Neutral Sentiment: A number of analysts adjusted targets with mixed tones — UBS and Royal Bank of Canada moved to neutral/sector‑perform levels, trimming upside but not issuing outright sell calls. This reduces short‑term consensus upside but isn’t uniformly bearish. Read More.
• Neutral Sentiment: Institutional ownership is very high (~97%), so large insider transactions and analyst flows can disproportionately influence intraday liquidity and volatility. Read More.
• Negative Sentiment: Significant, contemporaneous insider selling — CEO, CFO, President, CTO and other insiders reported multi‑thousand‑share sales on Feb. 26. Heavy insider sales on the same day typically spook investors and add downward pressure. Read More.
• Negative Sentiment: Analyst downgrades and target cuts triggered selling flow — several outlets reported the stock drifting lower after the analyst actions, which appears to be a primary catalyst for today’s weakness. Read More.
• Negative Sentiment: Conflicting narratives around the earnings release (some headlines emphasizing the beat, others highlighting margin/negative net income issues) increase short‑term uncertainty and volatility. Read More.

Xometry Company Profile

Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.