Xometry (NASDAQ:XMTR – Get Free Report) had its price objective raised by investment analysts at UBS Group from $88.00 to $95.00 in a research note issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price objective would indicate a potential upside of 2.70% from the stock’s current price.
Several other brokerages have also issued reports on XMTR. Wedbush began coverage on Xometry in a research note on Thursday, July 16th. They issued an “outperform” rating and a $126.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a report on Friday, May 29th. Citigroup lifted their target price on shares of Xometry from $98.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday. Citizens Jmp boosted their price target on shares of Xometry from $75.00 to $100.00 and gave the stock a “market outperform” rating in a research note on Friday, May 8th. Finally, The Goldman Sachs Group upped their price target on shares of Xometry from $78.00 to $104.00 and gave the company a “neutral” rating in a research report on Wednesday. Six analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $101.88.
Read Our Latest Stock Report on XMTR
Xometry Price Performance
Xometry (NASDAQ:XMTR – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.15 by $0.01. The firm had revenue of $229.28 million for the quarter, compared to analyst estimates of $215.22 million. Xometry had a negative return on equity of 4.37% and a negative net margin of 7.01%.The company’s revenue was up 41.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.09 EPS. On average, sell-side analysts anticipate that Xometry will post -0.06 EPS for the current year.
Insider Buying and Selling
In other news, Director Lukas Alexander Biewald purchased 47,058 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was bought at an average cost of $85.00 per share, for a total transaction of $3,999,930.00. Following the acquisition, the director directly owned 55,134 shares of the company’s stock, valued at $4,686,390. This represents a 582.69% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CFO James Miln sold 2,392 shares of the stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $93.29, for a total transaction of $223,149.68. Following the sale, the chief financial officer directly owned 179,131 shares of the company’s stock, valued at $16,711,130.99. The trade was a 1.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 80,496 shares of company stock valued at $7,124,340 over the last quarter. Company insiders own 9.10% of the company’s stock.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of XMTR. CoreCap Advisors LLC purchased a new stake in Xometry in the 2nd quarter worth approximately $97,000. PVG Asset Management Corp purchased a new position in shares of Xometry during the first quarter valued at approximately $703,000. Bank of America Corp DE increased its stake in shares of Xometry by 23.7% during the first quarter. Bank of America Corp DE now owns 235,414 shares of the company’s stock valued at $9,614,000 after buying an additional 45,158 shares during the period. Sylebra Capital LLC raised its holdings in shares of Xometry by 31.3% during the first quarter. Sylebra Capital LLC now owns 535,624 shares of the company’s stock valued at $21,875,000 after acquiring an additional 127,637 shares in the last quarter. Finally, California State Teachers Retirement System lifted its stake in Xometry by 21.8% in the first quarter. California State Teachers Retirement System now owns 51,770 shares of the company’s stock worth $2,114,000 after acquiring an additional 9,283 shares during the period. Hedge funds and other institutional investors own 97.31% of the company’s stock.
Key Headlines Impacting Xometry
Here are the key news stories impacting Xometry this week:
- Positive Sentiment: Strong Q2 results: Revenue increased 41% year over year to a record $229.3 million, exceeding the $215.2 million consensus estimate. Adjusted diluted EPS of $0.16 also topped expectations, while marketplace revenue accelerated 45% to $215.4 million. Xometry Reports Record Second Quarter 2026 Results
- Positive Sentiment: Improving profitability: Adjusted EBITDA rose $10.2 million year over year to $14.1 million, and non-GAAP net income increased to $9.9 million from $1.1 million. Active buyers grew 20%, while higher-spending accounts increased 23%, supporting the company’s growth outlook.
- Positive Sentiment: Raised outlook: Xometry forecast third-quarter revenue of $234 million to $236 million, well above the $221.7 million consensus estimate, and expects adjusted EBITDA of $16 million to $17 million. Full-year revenue growth guidance was increased to 33%-34% from 27%-28%, with projected adjusted EBITDA of $60 million to $62 million.
- Positive Sentiment: Analyst upgrade: Cantor Fitzgerald raised its price target from $85 to $110 and assigned an “overweight” rating, reinforcing the bullish reaction to Xometry’s operating momentum. Benzinga
- Neutral Sentiment: Balance-sheet boost: The company ended the quarter with $517 million in cash, following $248 million in net proceeds from a stock offering and $50 million from a Siemens private placement. The additional capital supports expansion and acquisitions but increases the share count and potential dilution.
- Negative Sentiment: Remaining risks: Xometry still reported a GAAP net loss of $5.3 million, services revenue declined 3% year over year, and reported insider activity has been dominated by selling. These issues may temper enthusiasm despite the stronger marketplace performance.
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.
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