Expert Outlook: Xometry Through The Eyes Of 6 Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, six analysts have shared their insights on Xometry (NASDAQ:XMTR), with opinions ranging from bullish to bearish. The average 12-month price target has decreased by 23.97% to $24.33. Analysts have recently lowered their price targets, reflecting a cautious outlook on the company's future performance.
May 28, 2024 | 1:00 pm
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NEGATIVE IMPACT
Analysts have mixed views on Xometry (NASDAQ:XMTR) with a 23.97% drop in the average 12-month price target to $24.33. Recent evaluations show a cautious outlook, with several analysts lowering their price targets.
The decrease in the average price target by 23.97% and the lowering of price targets by several analysts indicate a cautious outlook on Xometry's future performance. This is likely to have a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100