Xometry price target raised to $30 from $28 at Goldman Sachs

Goldman Sachs analyst Eric Sheridan raised the firm’s price target on Xometry (XMTR) to $30 from $28 and keeps a Buy rating on the shares. Xometry’s Q4 earnings report was strong, with total revenues above estimates and guidance for fiscal 2025 that remains positive on the heels of Marketplace revenue remaining healthy at 20%+ growth, the analyst tells investors in a research note.The firm expects near-term debates to center around trajectory and balance of growth vs. incremental margins as the company remains focused on investing against the long-term opportunity it sees ahead of it.