Seeing Is Believing
DM is currently covered by 5 analysts with an average price target of $8.3. This is a potential upside of $5.88 (242.98%) from yesterday's end of day stock price of $2.42.
Desktop Metal's activity chart (see below) currently has 21 price targets and 26 ratings on display. The stock rating distribution of DM is 75% HOLD and 25% BUY.
Analysts average stock forecasts to be materialized ratio is 59.2% with an average time for these price targets to be met of 29.57 days.
Highest price target for DM is $5.5, Lowest price target is $5.5, average price target is $8.3.
Most recent stock forecast was given by TROY JENSEN from CANTOR FITZGERALD on 08-Jul-2024. First documented stock forecast 17-Dec-2020.
Currently out of the existing stock ratings of DM, 9 are a HOLD (75%), 3 are a BUY (25%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$5.5
$2.65 (92.98%)
$12.5
5 months 16 days ago
(08-Jul-2024)
8/11 (72.73%)
$0.5 (10.00%)
67
Hold
$10
$7.15 (250.88%)
1 years 1 months 28 days ago
(26-Oct-2023)
5/6 (83.33%)
$1.03 (11.48%)
39
Buy
$50
$47.15 (1654.39%)
$280
1 years 6 months 28 days ago
(26-May-2023)
1/2 (50%)
$32.5 (185.71%)
28
Hold
$20
$17.15 (601.75%)
$22
1 years 7 months 13 days ago
(11-May-2023)
3/4 (75%)
$2.1 (11.73%)
21
$19
$16.15 (566.67%)
$17.5
1 years 9 months 21 days ago
(03-Mar-2023)
2/2 (100%)
$-3.5 (-15.56%)
35
What is DM (Desktop Metal) average time for price targets to be met?
Which analyst has the current highest performing score on DM (Desktop Metal) with a proven track record?
Which analyst has the current lower performing score on DM (Desktop Metal) with a proven track record?
Which analyst has the most public recommendations on DM (Desktop Metal)?
Which analyst is the currently most bullish on DM (Desktop Metal)?
Which analyst is the currently most reserved on DM (Desktop Metal)?