Desktop Metal Stock Target Price and Analyst Consensus

DM
 Stock
  

USD 1.98  0.07  3.66%   

The current analyst and expert consensus on Desktop Metal is Buy, with 3 strong buy opinions. The current projected Desktop Metal target price consensus is 12.67 with 3 analyst opinions. The most common way Desktop Metal analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Desktop Metal executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Desktop Metal. We strongly encourage you to use your own analysis of Desktop Metal to validate this buy or sell advice. Desktop Metal buy-or-sell recommendation module provides average expert sentiment on the projected Desktop Metal target price to derive its highest and lowest estimates based on projected price volatility of 2.886. Continue to Macroaxis Advice on Desktop Metal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  

Desktop Metal Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Desktop target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts performance other than comparing it to the past results via a very sophisticated attribution analysis. Desktop target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
Number of Opinions5
Lowered Outlook0
Raized Outlook0
Buy
Most Desktop analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Desktop stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Desktop Metal, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Desktop Metal Target Price Projection

Desktop Metal's current and average target prices are 1.98 and 12.67, respectively. The current price of Desktop Metal is the price at which Desktop Metal is currently trading. On the other hand, Desktop Metal's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Desktop Metal Market Quote on 29th of November 2022

Low Price1.93Odds
High Price2.03Odds

1.98

Target Price

Analyst Consensus On Desktop Metal Target Price

Low Estimate11.0Odds
High Estimate16.0Odds
Number of Analysts3
Standard Deviation2.886

12.666

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Desktop Metal and the information provided on this page.

Desktop Metal Analyst Ratings

Desktop Metal's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Desktop Metal stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Desktop Metal's financials, market performance, and future outlook by experienced professionals. Desktop Metal's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Desktop Metal Target Price Projections

Desktop Metal's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Desktop Metal and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Desktop depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Desktop Metal including analysis of its current option contracts.
Desktop Metal's latest option contracts expiring on 2022-12-16 are carrying combined implied volatility of 205.46 with a put-to-call open interest ratio of 1.27 over 32 outstanding agreements suggesting investors are buying more puts than calls on contracts expiring on 2022-12-16. The current put volume is at 1235, with calls trading at the volume of 245. This yields a 5.04 put-to-call volume ratio. The Desktop Metal option chain provides detailed quote and price information for the current Desktop Metal option contracts. It shows all of Desktop Metal's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-12-16 Option Contracts

Desktop Metal option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Desktop Metal's lending market. For example, when Desktop Metal's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Desktop Metal, he or she must hedge the risk by shorting Desktop Metal stock over its option's life.
The chart above shows Desktop Metal's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Desktop Metal's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Desktop Metal's option, there is no secondary market available for investors to trade.

Desktop Metal Maximum Pain Price across 2022-12-16 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Desktop Metal close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Desktop Metal's stock options are financial instruments that give investors the right to buy or sell shares of Desktop Metal common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Desktop stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Desktop Metal's stock price goes up or down, the stock options follow.
Continue to Macroaxis Advice on Desktop Metal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Desktop Metal In The Money Call Balance

When Desktop Metal's strike price is surpassing the current stock price, the option contract against Desktop Metal stock is said to be in the money. When it comes to buying Desktop Metal's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Desktop Metal are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Desktop Current Options Market Mood

Desktop Metal's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Desktop Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Desktop Metal's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Desktop Metal's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Desktop Metal's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Desktop Metal Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Desktop Metal is a key component of Desktop Metal valuation and have some predictive power on the future returns of a Desktop Metal.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Desktop Metal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Desktop Metal in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.102.007.12
Details
Intrinsic
Valuation
LowReal ValueHigh
0.234.639.75
Details
Naive
Forecast
LowNext ValueHigh
0.0417672.097.21
Details
Earnings
Estimates (2)
LowProjected EPSHigh
-0.41-0.35-0.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Desktop Metal. Your research has to be compared to or analyzed against Desktop Metal's peers to derive any actionable benefits. When done correctly, Desktop Metal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Desktop Metal.

Additional Desktop Metal Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Desktop Metal is a key component of Desktop Metal valuation and have some predictive power on the future returns of a Desktop Metal.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Desktop Metal's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Desktop Metal in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.102.007.12
Details
Intrinsic
Valuation
LowReal ValueHigh
0.234.639.75
Details
Naive
Forecast
LowNext ValueHigh
0.0417672.097.21
Details
Earnings
Estimates (2)
LowProjected EPSHigh
-0.41-0.35-0.29
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Desktop Metal. Your research has to be compared to or analyzed against Desktop Metal's peers to derive any actionable benefits. When done correctly, Desktop Metal's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Desktop Metal.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Diversified Assets
Invested over 90 shares
Macroaxis Index
Invested over 90 shares
Baby Boomer Prospects
Invested over 90 shares
Continue to Macroaxis Advice on Desktop Metal to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Desktop Metal price analysis, check to measure Desktop Metal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Desktop Metal is operating at the current time. Most of Desktop Metal's value examination focuses on studying past and present price action to predict the probability of Desktop Metal's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Desktop Metal's price. Additionally, you may evaluate how the addition of Desktop Metal to your portfolios can decrease your overall portfolio volatility.
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The data published in Desktop Metal's official financial statements usually reflect Desktop Metal's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Desktop Metal. For example, before you start analyzing numbers published by Desktop accountants, it's critical to develop an understanding of what Desktop Metal's liquidity, profitability, and earnings quality are in the context of the Desktop Metal space in which it operates.
Please note, the presentation of Desktop Metal's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Desktop Metal's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Desktop Metal's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Desktop Metal. Please utilize our Beneish M Score to check the likelihood of Desktop Metal's management to manipulate its earnings.