Xometry (NASDAQ:XMTR) Price Target Raised to $110.00 at Cantor Fitzgerald

Xometry (NASDAQ:XMTR) had its price objective upped by research analysts at Cantor Fitzgerald from $85.00 to $110.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Cantor Fitzgerald’s price objective suggests a potential upside of 20.01% from the company’s previous close.

Several other analysts have also recently commented on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xometry in a research report on Friday, May 29th. Citizens Jmp upped their price target on Xometry from $75.00 to $100.00 and gave the company a “market outperform” rating in a research report on Friday, May 8th. The Goldman Sachs Group restated a “neutral” rating and set a $104.00 price objective on shares of Xometry in a research report on Wednesday. Wedbush initiated coverage on Xometry in a research note on Thursday, July 16th. They set an “outperform” rating and a $126.00 target price on the stock. Finally, Citigroup reiterated a “buy” rating on shares of Xometry in a report on Wednesday. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Xometry has a consensus rating of “Hold” and a consensus target price of $93.50.

Xometry Stock Up 5.3%

XMTR stock opened at $91.66 on Wednesday. The firm has a market cap of $4.75 billion, a PE ratio of -89.86 and a beta of 1.29. Xometry has a 12 month low of $35.86 and a 12 month high of $106.08. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.76. The firm has a 50 day simple moving average of $90.79 and a 200 day simple moving average of $67.82.

Xometry (NASDAQ:XMTR) last posted its quarterly earnings results on Tuesday, August 4th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.01. Xometry had a negative net margin of 7.01% and a negative return on equity of 4.37%. The firm had revenue of $229.28 million for the quarter, compared to analyst estimates of $215.22 million. During the same quarter in the previous year, the business posted $0.09 earnings per share. The firm’s quarterly revenue was up 41.1% compared to the same quarter last year. Equities research analysts forecast that Xometry will post -0.06 earnings per share for the current fiscal year.

Insider Activity at Xometry

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 acquired at an average price of $85.00 per share, with a total value of $3,999,930.00. Following the purchase, the director owned 55,134 shares in the company, valued at $4,686,390. This represents a 582.69% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Vaidyanathan Raghavan sold 1,866 shares of the stock in a transaction that occurred on Thursday, July 2nd. The stock was sold at an average price of $93.21, for a total value of $173,929.86. Following the completion of the transaction, the chief technology officer owned 140,777 shares in the company, valued at $13,121,824.17. This represents a 1.31% 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. Over the last three months, insiders sold 80,496 shares of company stock worth $7,124,340. 9.10% of the stock is currently owned by corporate insiders.

Institutional Trading of Xometry

Several large investors have recently added to or reduced their stakes in XMTR. Fuller & Thaler Asset Management Inc. acquired a new position in shares of Xometry during the 4th quarter worth $76,393,000. Ameriprise Financial Inc. lifted its stake in shares of Xometry by 54.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,964,909 shares of the company’s stock valued at $107,029,000 after purchasing an additional 690,558 shares during the last quarter. Durable Capital Partners LP acquired a new stake in shares of Xometry in the 3rd quarter valued at $36,455,000. Allspring Global Investments Holdings LLC boosted its holdings in Xometry by 243.6% in the first quarter. Allspring Global Investments Holdings LLC now owns 694,390 shares of the company’s stock worth $29,015,000 after purchasing an additional 492,285 shares in the last quarter. Finally, Stephens Investment Management Group LLC boosted its holdings in Xometry by 115.2% in the fourth quarter. Stephens Investment Management Group LLC now owns 842,987 shares of the company’s stock worth $50,132,000 after purchasing an additional 451,259 shares in the last quarter. 97.31% of the stock is owned by institutional investors.

Key Headlines Impacting Xometry

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Q2 revenue reached a record $229.3 million, up 41% year over year and above the roughly $215 million analyst consensus. Non-GAAP diluted EPS was $0.16, exceeding estimates of $0.12-$0.15 and improving from $0.02 a year earlier. Xometry Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The core marketplace continued to accelerate, with revenue increasing 45% to $215.4 million. Active buyers rose 20% to 89,557, while accounts spending at least $50,000 over the past year increased 23% to 2,039, supporting the company’s growth and customer-retention narrative. Xometry Reports Record Second Quarter 2026 Results
• Positive Sentiment: Profitability trends improved: Adjusted EBITDA rose $10.2 million year over year to $14.1 million, while non-GAAP net income increased to $9.9 million. Xometry forecast Q3 revenue of $234-$236 million and Adjusted EBITDA of $16-$17 million, both above consensus expectations. Xometry Q2 Earnings Conference Call
• Positive Sentiment: Management raised full-year 2026 revenue-growth guidance to 33%-34%, from 27%-28%, and expects Adjusted EBITDA of $60-$62 million versus $18.5 million in 2025. A June equity offering and Siemens private placement increased cash, cash equivalents and marketable securities to $517 million, funding growth initiatives and potential acquisitions.
• Neutral Sentiment: Xometry highlighted new AI-based process recommendations, cost-prediction tools and adaptive supplier-sourcing models, which could improve marketplace efficiency and customer adoption, although the financial impact remains to be demonstrated. Xometry Q2 2026 Results Presentation
• Negative Sentiment: Despite improvement, XMTR recorded a GAAP net loss of $5.3 million, and services revenue declined 3% year over year to $13.9 million. The equity offering also increased the share count, creating dilution concerns even as it strengthened the balance sheet.

About Xometry

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.