Xometry (NASDAQ:XMTR) Shares Gap Up – Here’s Why

Xometry, Inc. (NASDAQ:XMTR) gapped up before the market opened on Tuesday . The stock had previously closed at $48.57, but opened at $55.46. Xometry shares last traded at $55.52, with a volume of 476,177 shares.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on XMTR shares. UBS Group increased their target price on shares of Xometry from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 6th. Citigroup reissued an “outperform” rating on shares of Xometry in a research note on Wednesday. Cantor Fitzgerald increased their target price on shares of Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Xometry in a research note on Wednesday, October 8th. Finally, Citizens Jmp raised their price objective on shares of Xometry from $65.00 to $75.00 and gave the company a “market outperform” rating in a research note on Wednesday. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $57.89.

Xometry Price Performance

The stock has a market capitalization of $3.15 billion, a P/E ratio of -49.62 and a beta of 0.87. The business’s 50 day simple moving average is $51.27 and its two-hundred day simple moving average is $40.42. The company has a quick ratio of 3.85, a current ratio of 3.91 and a debt-to-equity ratio of 1.20.

Xometry (NASDAQ:XMTR) last announced its earnings results on Tuesday, November 4th. The company reported $0.11 EPS for the quarter, meeting the consensus estimate of $0.11. The company had revenue of $180.72 million during the quarter, compared to the consensus estimate of $168.25 million. Xometry had a negative net margin of 9.80% and a negative return on equity of 6.45%. The firm’s revenue for the quarter was up 27.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.02 earnings per share. Xometry has set its Q4 2025 guidance at EPS. As a group, sell-side analysts forecast that Xometry, Inc. will post -0.66 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Randolph Altschuler sold 9,331 shares of the stock in a transaction dated Thursday, October 2nd. The shares were sold at an average price of $50.31, for a total value of $469,442.61. Following the completion of the sale, the chief executive officer owned 310,271 shares in the company, valued at $15,609,734.01. This represents a 2.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO James Miln sold 598 shares of the stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $50.25, for a total transaction of $30,049.50. Following the completion of the sale, the chief financial officer owned 144,115 shares of the company’s stock, valued at approximately $7,241,778.75. This represents a 0.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 9.66% of the company’s stock.

Institutional Trading of Xometry

Several hedge funds have recently added to or reduced their stakes in the stock. Peregrine Investment Management Inc. bought a new stake in Xometry in the third quarter worth about $4,358,000. Caprock Group LLC bought a new stake in Xometry in the third quarter worth about $535,000. Versor Investments LP bought a new stake in Xometry in the third quarter worth about $261,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Xometry in the third quarter worth about $221,000. Finally, State of Wyoming increased its stake in shares of Xometry by 30.2% in the third quarter. State of Wyoming now owns 5,181 shares of the company’s stock worth $282,000 after purchasing an additional 1,202 shares in the last quarter. Institutional investors own 97.31% of the company’s stock.

Xometry Company Profile

Xometry, Inc operates an online marketplace that enables buyers to source custom-manufactured parts and assemblies in the United States and internationally. It provides computer numerical control manufacturing, sheet metal forming, and sheet cutting; 3D printing, including fused deposition modeling, direct metal laser sintering, PolyJet, stereolithography, selective laser sintering, binder jetting, carbon digital light synthesis, multi jet fusion, and lubricant sublayer photo-curing; and die casting, stamping, injection molding, urethane casting, tube cutting, and tube bending, as well as finishing services, rapid prototyping, and high-volume production services.