Xometry price target raised to $75 from $65 at Citizens JMP

Citizens JMP analyst Andrew Boone raised the firm’s price target on Xometry (XMTR) to $75 from $65 and keeps an Outperform rating on the shares. Xometry reported strong Q3 earnings, with marketplace revenue growth accelerating five points and total revenue growth also growing five points, though the company issued “soft” 2026 revenue guidance, the analyst tells investors in a research note. While the company continues to make it easier to transact as instant-quote coverage expands and enables more tools, such as its new Workcenter mobile app, Citizens believes Xometry is increasingly the obvious proto-typing solution for more businesses.