Xometry Announces $225M Convertible Notes Offering

The latest announcement is out from Xometry ( (XMTR) ).

On June 9, 2025, Xometry announced a proposed $225 million offering of Convertible Senior Notes due 2030 in a private placement. The proceeds from this offering are expected to be used for capped call transactions, repurchasing shares of Xometry’s Class A common stock, and repurchasing a portion of its outstanding 2027 notes. This strategic move aims to manage potential dilution, optimize capital structure, and potentially enhance market positioning, though it carries inherent market risks and uncertainties.

The most recent analyst rating on (XMTR) stock is a Buy with a $45.00 price target. To see the full list of analyst forecasts on Xometry stock, see the XMTR Stock Forecast page.

Spark’s Take on XMTR Stock

According to Spark, TipRanks’ AI Analyst, XMTR is a Neutral.

Xometry’s overall stock score reflects a promising growth trajectory and positive sentiment from the recent earnings call, despite ongoing profitability and valuation challenges. The technical indicators support a bullish outlook, enhancing the stock’s appeal. The most significant strength is the optimistic guidance and technological advancements in their AI-driven marketplace, which position Xometry well for future growth.

To see Spark’s full report on XMTR stock, click here.

More about Xometry

Xometry, Inc. is a global AI-powered marketplace that connects buyers with suppliers of manufacturing services. The company focuses on providing a platform for manufacturing services, leveraging artificial intelligence to facilitate transactions between buyers and suppliers.

Average Trading Volume: 674,465

Technical Sentiment Signal: Strong Buy

Current Market Cap: $1.71B

See more insights into XMTR stock on TipRanks’ Stock Analysis page.