Desktop Metal (DM) stock Forecast for 2022 – 2026
Last update: March 27, 2023 (05:23)
Sector: TechnologyThe share price of Desktop Metal, Inc. (DM) now
50/200 Day Moving Average: $1.855 / $2.261
This figure corresponds to the Average Price over the previous 50/200 days. For Desktop Metal stocks, the 50-day moving average is the support 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 2023, 2024, 2025, 2026, 2027. How much will one Desktop Metal share be worth in 2023 - 2027?
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, 2023, 2024, 2025, 2026 and 2027) 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 daily forecast for a month
| Date | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Mar 29 | 2.09 | 2.05 | 2.15 | 5.11 |
| Mar 30 | 2.05 | 2.02 | 2.11 | 4.62 |
| Mar 31 | 2.10 | 2.03 | 2.18 | 7.62 |
| Apr 01 | 2.03 | 1.95 | 2.09 | 7.01 |
| Apr 02 | 2.02 | 1.97 | 2.07 | 4.75 |
| Apr 03 | 2.06 | 2.00 | 2.09 | 4.27 |
| Apr 04 | 2.03 | 1.97 | 2.11 | 7.19 |
| Apr 05 | 2.08 | 2.00 | 2.14 | 7.27 |
| Apr 06 | 2.09 | 2.01 | 2.13 | 5.55 |
| Apr 07 | 2.03 | 2.01 | 2.06 | 2.73 |
| Apr 08 | 1.98 | 1.91 | 2.04 | 6.52 |
| Apr 09 | 1.96 | 1.91 | 2.01 | 4.98 |
| Apr 10 | 1.96 | 1.89 | 2.02 | 6.65 |
| Apr 11 | 2.05 | 2.03 | 2.14 | 5.16 |
| Apr 12 | 2.12 | 2.05 | 2.17 | 5.58 |
| Apr 13 | 2.12 | 2.06 | 2.20 | 6.69 |
| Apr 14 | 2.11 | 2.06 | 2.20 | 6.78 |
| Apr 15 | 2.08 | 2.00 | 2.14 | 6.58 |
| Apr 16 | 2.04 | 2.01 | 2.10 | 4.43 |
| Apr 17 | 2.04 | 1.97 | 2.10 | 6.91 |
| Apr 18 | 2.01 | 1.98 | 2.06 | 4.21 |
| Apr 19 | 1.92 | 1.88 | 1.95 | 4.14 |
| Apr 20 | 1.89 | 1.86 | 1.95 | 5.25 |
| Apr 21 | 1.93 | 1.87 | 1.97 | 5.31 |
| Apr 22 | 2.00 | 1.98 | 2.02 | 2.17 |
| Apr 23 | 1.98 | 1.94 | 2.04 | 4.75 |
| Apr 24 | 2.02 | 1.96 | 2.11 | 7.38 |
| Apr 25 | 2.02 | 1.97 | 2.04 | 3.43 |
| Apr 26 | 2.04 | 1.98 | 2.08 | 5.00 |
| Apr 27 | 2.04 | 2.01 | 2.12 | 5.38 |
Desktop Metal Daily Price Targets
Desktop Metal Stock Forecast 03-29-2023.
Forecast target price for 03-29-2023: $2.09.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 4.862%.
Pessimistic target level: 2.05
Optimistic target level: 2.15
Desktop Metal Stock Forecast 03-30-2023.
Forecast target price for 03-30-2023: $2.05.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 4.420%.
Pessimistic target level: 2.02
Optimistic target level: 2.11
Desktop Metal Stock Forecast 03-31-2023.
Forecast target price for 03-31-2023: $2.10.
Positive dynamics for Desktop Metal shares will prevail with possible volatility of 7.077%.
Pessimistic target level: 2.03
Optimistic target level: 2.18
Desktop Metal Stock Forecast 04-01-2023.
Forecast target price for 04-01-2023: $2.03.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 6.550%.
Pessimistic target level: 1.95
Optimistic target level: 2.09
Desktop Metal Stock Forecast 04-02-2023.
Forecast target price for 04-02-2023: $2.02.
Negative dynamics for Desktop Metal shares will prevail with possible volatility of 4.539%.
Pessimistic target level: 1.97
Optimistic target level: 2.07
Desktop Metal Stock Forecast 04-03-2023.
Forecast target price for 04-03-2023: $2.06.
Positive dynamics for Desktop Metal shares will prevail with possible volatility of 4.099%.
Pessimistic target level: 2.00
Optimistic target level: 2.09
DM (DM) Monthly Stock Prediction for 2023
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Apr. | 2.13 | 2.03 | 2.32 | 12.35 |
| May. | 2.34 | 2.12 | 2.45 | 13.57 |
| Jun. | 2.15 | 1.94 | 2.42 | 19.86 |
| Jul. | 1.95 | 1.75 | 2.16 | 19.16 |
| Aug. | 1.94 | 1.74 | 2.01 | 13.43 |
| Sep. | 2.07 | 1.98 | 2.30 | 13.85 |
| Oct. | 2.18 | 1.98 | 2.42 | 18.16 |
| Nov. | 2.08 | 1.88 | 2.21 | 15.01 |
| Dec. | 1.94 | 1.70 | 2.09 | 18.87 |
Desktop Metal forecast for this year
Desktop Metal Stock Prediction for Apr 2023
An uptrend is forecast for this month with an optimal target price of $2.128. Pessimistic: $2.03. Optimistic: $2.32
Desktop Metal Stock Prediction for May 2023
An uptrend is forecast for this month with an optimal target price of $2.33569. Pessimistic: $2.12. Optimistic: $2.45
Desktop Metal Stock Prediction for Jun 2023
An downtrend is forecast for this month with an optimal target price of $2.14884. Pessimistic: $1.94. Optimistic: $2.42
Desktop Metal Stock Prediction for Jul 2023
An downtrend is forecast for this month with an optimal target price of $1.94599. Pessimistic: $1.75. Optimistic: $2.16
Desktop Metal Stock Prediction for Aug 2023
An downtrend is forecast for this month with an optimal target price of $1.93976. Pessimistic: $1.74. Optimistic: $2.01
Desktop Metal Stock Prediction for Sep 2023
An uptrend is forecast for this month with an optimal target price of $2.07011. Pessimistic: $1.98. Optimistic: $2.30
Desktop Metal Stock Prediction for Oct 2023
An uptrend is forecast for this month with an optimal target price of $2.17941. Pessimistic: $1.98. Optimistic: $2.42
Desktop Metal Stock Prediction for Nov 2023
An downtrend is forecast for this month with an optimal target price of $2.07829. Pessimistic: $1.88. Optimistic: $2.21
Desktop Metal Stock Prediction for Dec 2023
An downtrend is forecast for this month with an optimal target price of $1.94195. Pessimistic: $1.70. Optimistic: $2.09
Desktop Metal (DM) Monthly Stock Prediction for 2024
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 2.22 | 1.97 | 2.45 | 19.57 |
| Feb | 2.13 | 2.06 | 2.29 | 10.00 |
| Mar | 2.06 | 1.99 | 2.18 | 8.75 |
| Apr | 1.99 | 1.86 | 2.20 | 15.56 |
| May | 2.28 | 1.99 | 2.37 | 15.87 |
| Jun | 2.10 | 1.91 | 2.23 | 14.18 |
| Jul | 2.41 | 2.23 | 2.65 | 15.84 |
| Aug | 2.77 | 2.51 | 3.11 | 19.20 |
| Sep | 2.63 | 2.36 | 2.71 | 13.16 |
| Oct | 2.49 | 2.22 | 2.63 | 15.33 |
| Nov | 2.64 | 2.44 | 2.80 | 12.97 |
| Dec | 2.69 | 2.46 | 2.79 | 11.90 |
Desktop Metal (DM) Monthly Stock Prediction for 2025
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 2.51 | 2.35 | 2.83 | 17.02 |
| Feb | 2.46 | 2.25 | 2.59 | 13.24 |
| Mar | 2.46 | 2.25 | 2.61 | 13.77 |
| Apr | 2.47 | 2.19 | 2.58 | 15.01 |
| May | 2.69 | 2.43 | 2.89 | 15.67 |
| Jun | 3.09 | 2.82 | 3.32 | 15.16 |
| Jul | 3.08 | 2.79 | 3.36 | 16.72 |
| Aug | 2.60 | 2.27 | 2.83 | 19.85 |
| Sep | 2.56 | 2.30 | 2.78 | 17.38 |
| Oct | 2.69 | 2.52 | 2.91 | 13.31 |
| Nov | 3.05 | 2.89 | 3.26 | 11.38 |
| Dec | 3.04 | 2.70 | 3.18 | 15.01 |
Desktop Metal (DM) Monthly Stock Prediction for 2026
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 3.24 | 3.04 | 3.39 | 10.38 |
| Feb | 3.26 | 2.89 | 3.36 | 13.95 |
| Mar | 3.28 | 2.97 | 3.55 | 16.37 |
| Apr | 3.10 | 2.76 | 3.20 | 13.93 |
| May | 3.07 | 2.79 | 3.36 | 16.96 |
| Jun | 3.23 | 3.06 | 3.51 | 12.81 |
| Jul | 3.06 | 2.88 | 3.18 | 9.38 |
| Aug | 3.23 | 2.83 | 3.36 | 15.67 |
| Sep | 3.12 | 2.95 | 3.38 | 12.83 |
| Oct | 3.04 | 2.71 | 3.26 | 16.72 |
| Nov | 3.02 | 2.85 | 3.15 | 9.36 |
| Dec | 2.97 | 2.65 | 3.08 | 14.15 |
Desktop Metal (DM) Monthly Stock Prediction for 2027
| Month | Target | Pes. | Opt. | Vol., % |
|---|---|---|---|---|
| Jan | 2.99 | 2.90 | 3.28 | 11.68 |
| Feb | 3.31 | 3.14 | 3.54 | 11.09 |
| Mar | 3.63 | 3.17 | 3.78 | 16.26 |
| Apr | 3.71 | 3.58 | 3.91 | 8.36 |
| May | 3.51 | 3.35 | 3.72 | 9.95 |
| Jun | 4.04 | 3.79 | 4.56 | 16.76 |
| Jul | 3.54 | 3.38 | 3.69 | 8.59 |
| Aug | 3.29 | 3.14 | 3.43 | 8.42 |
| Sep | 3.45 | 3.33 | 3.70 | 9.99 |
| Oct | 2.92 | 2.80 | 3.01 | 7.13 |
| Nov | 2.95 | 2.63 | 3.10 | 15.24 |
| Dec | 2.93 | 2.59 | 3.16 | 18.10 |
Desktop Metal information and performance
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.
405 LEXINGTON AVENUE, 48TH FLOOR, NEW YORK, NY, US
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA is earnings before interest, income tax and depreciation of assets.
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
Price/earnings to growth
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.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
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 P/E uses projections of future earnings instead of final numbers.
Enterprise Value (EV) /Revenue
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Number of issued ordinary shares
Number of freely tradable shares
Shares Short Prior Month - the number of shares in short positions in the last month.
