Desktop Metal (DM) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Desktop Metal (DM) Stock Forecast for 2024–2028. Sell or Buy?

Updated: July 19, 2024 (12:46)

Sector: Technology

The share price of Desktop Metal, Inc. (DM) now

Latest session on the 18th of July for
Desktop Metal, Inc. is negative
Trading Volume: 386732
Open: 5 /  High: 5.06 /  Low: 4.94
What analysts predict: $6.33
52-week High/Low: $19.9 / $3.62

50/200 Day Moving Average: $5.43 / $7.38

This figure corresponds to the Average Price over the previous 50/200 days. For Desktop Metal stocks, the 50-day moving average is the resistance level today.

For Desktop Metal stocks, the 200-day moving average is the resistance level today.

Are you interested in Desktop Metal, Inc. stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Desktop Metal stock price in 2024, 2025, 2026, 2027, 2028. How much will one Desktop Metal share be worth in 2024 - 2028?

When should I take profit in Desktop Metal stock? When should I record a loss on Desktop Metal stock? What are analysts' forecasts for Desktop Metal stock? What is the future of Desktop Metal stock? We forecast Desktop Metal stock performance using neural networks based on historical data on Desktop Metal stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Desktop Metal stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Desktop Metal shares. This happens once a day.


Historical and forecast chart of Desktop Metal stock

The chart below shows the historical price of Desktop Metal stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Desktop Metal stock price can be found in the table below.

Long-term forecasts by years.

Desktop Metal, Inc. manufactures and markets additive manufacturing solutions for engineers, designers and manufacturers in the Americas, Europe, the Middle East, Africa and Asia Pacific. The company offers a production system – an industrial production solution; Shop System – a solution for metal additive manufacturing for mechanical engineering and repair shops; Studio System, metal 3D printing office system; and a desktop 3D printer Fiber.

Desktop Metal daily forecast for a month

Date Target Pes. Opt. Vol., %
Jul 21 4.81 4.68 4.96 6.01
Jul 22 4.81 4.68 4.89 4.41
Jul 23 4.78 4.59 4.85 5.46
Jul 24 4.84 4.76 4.99 4.83
Jul 25 5.01 4.90 5.10 3.94
Jul 26 5.16 5.04 5.30 5.27
Jul 27 5.29 5.09 5.42 6.38
Jul 28 5.26 5.19 5.42 4.46
Jul 29 5.37 5.30 5.55 4.66
Jul 30 5.48 5.27 5.60 6.24
Jul 31 5.31 5.18 5.44 4.92
Aug 01 5.48 5.31 5.61 5.62
Aug 02 5.51 5.39 5.61 4.09
Aug 03 5.63 5.47 5.76 5.15
Aug 04 5.91 5.77 6.00 3.94
Aug 05 5.88 5.73 6.02 5.03
Aug 06 5.97 5.74 6.19 7.80
Aug 07 6.26 6.19 6.33 2.27
Aug 08 6.37 6.14 6.45 5.14
Aug 09 6.38 6.13 6.50 6.15
Aug 10 6.46 6.37 6.67 4.72
Aug 11 6.61 6.37 6.86 7.68
Aug 12 6.70 6.61 6.88 4.11
Aug 13 6.87 6.78 7.01 3.50
Aug 14 6.81 6.60 6.97 5.57
Aug 15 6.88 6.73 7.10 5.42
Aug 16 6.97 6.88 7.19 4.51
Aug 17 7.09 6.90 7.22 4.63
Aug 18 7.15 7.07 7.25 2.53
Aug 19 6.91 6.84 7.00 2.33

Desktop Metal Daily Price Targets


Desktop Metal Stock Forecast 07-21-2024.

Forecast target price for 07-21-2024: $4.81.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 5.669%.
Pessimistic target level: 4.68
Optimistic target level: 4.96

Desktop Metal Stock Forecast 07-22-2024.

Forecast target price for 07-22-2024: $4.81.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 4.228%.
Pessimistic target level: 4.68
Optimistic target level: 4.89

Desktop Metal Stock Forecast 07-23-2024.

Forecast target price for 07-23-2024: $4.78.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 5.177%.
Pessimistic target level: 4.59
Optimistic target level: 4.85

Desktop Metal Stock Forecast 07-24-2024.

Forecast target price for 07-24-2024: $4.84.
Positive dynamics for Desktop Metal shares will prevail with possible volatility of 4.612%.
Pessimistic target level: 4.76
Optimistic target level: 4.99

Desktop Metal Stock Forecast 07-25-2024.

Forecast target price for 07-25-2024: $5.01.
Positive dynamics for Desktop Metal shares will prevail with possible volatility of 3.788%.
Pessimistic target level: 4.90
Optimistic target level: 5.10

Desktop Metal Stock Forecast 07-26-2024.

Forecast target price for 07-26-2024: $5.16.
Positive dynamics for Desktop Metal shares will prevail with possible volatility of 5.010%.
Pessimistic target level: 5.04
Optimistic target level: 5.30

DM (DM) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
Aug. 5.04 4.49 5.22 14.06
Sep. 5.36 5.13 5.85 12.17
Oct. 5.58 4.89 6.29 22.27
Nov. 6.01 5.57 6.31 11.74
Dec. 5.69 5.38 6.10 11.79

Desktop Metal forecast for this year


Desktop Metal Stock Prediction for Aug 2024

An uptrend is forecast for this month with an optimal target price of $5.04206. Pessimistic: $4.49. Optimistic: $5.22


Desktop Metal Stock Prediction for Sep 2024

An uptrend is forecast for this month with an optimal target price of $5.35669. Pessimistic: $5.13. Optimistic: $5.85


Desktop Metal Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $5.57953. Pessimistic: $4.89. Optimistic: $6.29


Desktop Metal Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $6.00803. Pessimistic: $5.57. Optimistic: $6.31


Desktop Metal Stock Prediction for Dec 2024

An downtrend is forecast for this month with an optimal target price of $5.69081. Pessimistic: $5.38. Optimistic: $6.10



Desktop Metal (DM) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 5.48 5.28 5.96 11.47
Feb 5.08 4.87 5.46 10.86
Mar 4.90 4.50 5.17 12.90
Apr 5.24 4.95 5.76 13.97
May 5.05 4.69 5.25 10.63
Jun 4.58 4.00 4.84 17.25
Jul 3.87 3.54 4.16 14.88
Aug 3.74 3.41 4.16 17.99
Sep 3.48 3.12 3.82 18.34
Oct 3.96 3.71 4.36 14.70
Nov 4.38 4.03 4.64 13.14
Dec 4.98 4.35 5.21 16.51

Desktop Metal (DM) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 5.61 5.39 6.15 12.39
Feb 5.70 5.24 6.00 12.63
Mar 5.34 4.88 5.68 14.14
Apr 5.30 4.83 5.58 13.51
May 5.19 4.76 5.36 11.16
Jun 4.98 4.61 5.61 17.76
Jul 4.65 4.11 4.84 15.08
Aug 4.38 3.84 4.71 18.57
Sep 4.50 4.25 4.79 11.28
Oct 4.97 4.43 5.25 15.61
Nov 4.84 4.24 5.10 16.84
Dec 4.15 3.95 4.51 12.50

Desktop Metal (DM) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 3.78 3.38 4.22 19.89
Feb 3.49 3.37 3.70 8.75
Mar 3.91 3.59 4.38 18.03
Apr 4.49 4.26 5.04 15.53
May 4.30 4.13 4.81 14.16
Jun 4.66 4.19 5.06 17.11
Jul 4.62 4.14 5.02 17.55
Aug 4.67 4.49 4.89 8.24
Sep 4.59 4.02 4.92 18.24
Oct 5.19 4.78 5.71 16.28
Nov 4.92 4.32 5.24 17.44
Dec 4.54 4.38 4.68 6.51

Desktop Metal (DM) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 4.77 4.37 5.25 16.86
Feb 5.11 4.85 5.57 12.92
Mar 5.82 5.38 6.53 17.69
Apr 6.49 6.25 7.09 11.86
May 6.78 5.93 7.37 19.56
Jun 6.68 6.28 6.96 9.68
Jul 7.15 6.68 8.00 16.45
Aug 6.73 5.90 7.57 22.05
Sep 7.14 6.32 7.96 20.52
Oct 6.66 5.90 7.41 20.40
Nov 6.54 6.11 7.23 15.48
Dec 6.27 5.95 6.62 10.15

Desktop Metal information and performance

Desktop Metal Address

405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK, NY, US

Market Capitalization: 166 685 000 $

Market capitalization of the Desktop Metal, Inc. is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of DM shares in the company outstanding by the market price of one share.

EBITDA: -80 751 000 $

EBITDA of Desktop Metal is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: None

Price/earnings to growth

DPS: None

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: None

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -10

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: N/A
Quarterly Revenue Growth YOY: -0.017
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: -

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 1.121

Enterprise Value (EV) /Revenue

EV To EBITDA: -1.183

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 33039600

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A



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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.