Cantor Fitzgerald upgraded Xometry (XMTR) to Neutral from Underweight with a price target of $41, up from $21. Xometry reported better-than-expected June quarter results for revenue, adjusted EBITDA, margins, and non-GAAP EPS, the analyst tells investors in a research note. Investments in the platform have enabled Xometry to win larger enterprise customers and to become a strategic sourcing partner, and has eliminated refinancing risk with the recent restructuring of its convertible debt, the firm says.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XMTR:
- Xometry, Inc. Achieves Record Q2 2025 Results
- Xometry, Inc. Reports Strong Q2 Growth Amid Challenges
- Xometry’s Strong Performance and Growth Potential Justify Buy Rating
- Cantor upgrades Xometry to Neutral after Q2 beat, guidance raise
- Xometry upgraded to Neutral from Underweight at Cantor Fitzgerald