Xometry (XMTR) AI Stock Analysis

• Market Cap: $1.57B
• Dividend Yield: N/A
• Average Volume (3M): 564.98K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.50
• Revenue Growth: 19.35%
• EPS Growth: 27.83%
• Country: US
• Employees: 1,088
• Sector: Industrials
• Sector Strength: 87
• Industry: Industrial - Machinery
• EPS (TTM): 0.09
• Shares Outstanding: 49,201,344
• 10 Day Avg. Volume: 540,286
• 30 Day Avg. Volume: 564,976
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 0.84
• Enterprise Value/Revenue: 2.30
• Enterprise Value/Gross Profit: 5.96
• Enterprise Value/Ebitda: -45.41
• 1Y Price Target: $40.40
• Price Target Upside: 30.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 8

• Rating: 59 Neutral
• Price Target: $35.00 ▲(13.01%Upside)

Xometry's overall stock score reflects strong revenue growth and positive earnings call guidance, weighted against ongoing profitability and cash flow challenges. Technical indicators suggest some positive momentum, though valuation concerns due to a negative P/E ratio and lack of dividend yield weigh on the score.

Positive Factors

Corporate Governance

The participation of Xometry's CEO, CFO, and VP of Investor Relations at a major financial conference signifies strong corporate governance and transparency.

Financial Performance

Shares increased more than 10% after Xometry reported first-quarter revenue and adjusted EBITDA above expectations.

Market Expansion

Xometry is in the early stages of capitalizing on growth opportunities such as AI-powered instant quote engine and international market penetration.

Negative Factors

Competition

Fictiv has been acquired by a large group, which could increase competition for Xometry due to enhanced resources and capabilities.

Financial Forecast

The revised second-quarter adjusted EBITDA estimate is lower than previously forecasted.

Market Challenges

One major difference between Fictiv and Xometry is the concentration of partners, with Fictiv having many partners in China, whereas Xometry's more dispersed network could pose challenges in certain markets.

Xometry Business Overview & Revenue Model

Company Description

Xometry, Inc. (XMTR) is a leading digital manufacturing marketplace that connects businesses with custom manufacturers. The company operates within the advanced manufacturing and technology sectors, providing a platform for on-demand manufacturing services, including CNC machining, 3D printing, sheet metal fabrication, and injection molding. Xometry's core services are designed to streamline the manufacturing process by offering instant quoting, online ordering, and manufacturing solutions tailored to customer specifications.

How the Company Makes Money

Xometry makes money primarily through its digital marketplace platform, where it earns revenue by facilitating transactions between buyers and manufacturers. The company charges a service fee on each transaction, which varies based on the complexity and scope of the manufacturing project. Additionally, Xometry offers subscription plans for manufacturers to access premium tools and features, enhancing their visibility and access to more business opportunities. Key partnerships with major companies and integration with popular CAD software also contribute to Xometry's revenue by expanding its user base and market reach. The combination of transaction fees, subscription services, and strategic partnerships forms the backbone of Xometry's revenue model.

Xometry Financial Statement Overview

Summary

Xometry's financial performance is characterized by strong revenue growth but hampered by ongoing profitability and cash flow challenges. While the balance sheet shows stability, the company must improve margins and cash flow to sustain long-term financial health.

Income Statement

Xometry has shown consistent revenue growth, with a TTM revenue increase of 5.18% compared to the previous year, and an impressive growth trajectory over the past few years. However, the company continues to face profitability challenges with negative net income and EBIT margins, which have improved slightly but remain a concern.

Balance Sheet

The company's debt-to-equity ratio is moderate, reflecting a balanced approach to leveraging. However, the significant decline in stockholders' equity and the persistent losses impact the return on equity, which remains negative. The equity ratio stands at a relatively healthy level, indicating stability in asset management.

Cash Flow

Xometry's cash flow performance is mixed, with negative operating and free cash flows, indicating ongoing cash burn. There is a slight improvement in the free cash flow position, but the company needs to address the underlying cash flow issues to strengthen its financial health.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	545.53M	463.41M	381.05M	218.34M	141.41M
Gross Profit	215.62M	178.26M	147.57M	57.14M	33.29M
EBITDA	-28.20M	-52.30M	-59.53M	-55.88M	-25.83M
Net Income	-50.40M	-67.47M	-76.01M	-59.41M	-31.39M
Balance Sheet
Total Assets	680.13M	707.39M	736.92M	502.59M	88.96M
Cash, Cash Equivalents and Short-Term Investments	239.84M	268.78M	319.43M	116.73M	59.87M
Total Debt	295.14M	299.52M	302.32M	22.47M	17.90M
Total Liabilities	364.53M	376.97M	362.09M	77.10M	39.50M
Stockholders Equity	314.45M	329.30M	373.74M	424.45M	49.46M
Cash Flow
Free Cash Flow	-33.48M	-48.36M	-76.22M	-74.83M	-26.24M
Operating Cash Flow	-15.38M	-29.88M	-62.58M	-68.57M	-22.05M
Investing Cash Flow	-20.18M	16.81M	15.14M	-212.75M	6.67M
Financing Cash Flow	4.64M	1.07M	280.97M	307.77M	35.26M

Xometry Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 30.97
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XMTR, the sentiment is Neutral. The current price of 30.97 is below the 20-day moving average (MA) of 33.34, below the 50-day MA of 33.36, and above the 200-day MA of 30.68, indicating a neutral trend. The MACD of -0.56 indicates Positive momentum. The RSI at 41.88 is Neutral, neither overbought nor oversold. The STOCH value of 17.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for XMTR.

Xometry Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TNC	72 Outperform	$1.51B	22.66	11.04%	1.44%	1.35%	-40.63%
HLIO	68 Neutral	$1.18B	31.80	3.93%	1.02%	-5.39%	12.14%
SXI	66 Neutral	$2.19B	39.04	8.37%	0.70%	9.64%	-24.68%
Sector *	63 Neutral	C$7.32B	2.18	9.30%	2.40%	10.51%	-11.28%
XMTR	59 Neutral	$1.57B	―	-15.50%	―	19.35%	27.83%
HI	54 Neutral	$1.39B	―	-18.22%	4.56%	0.31%	-423.59%
KRNT	53 Neutral	$845.36M	―	-1.15%	―	3.05%	84.62%

Xometry Corporate Events

Xometry Holds 2025 Annual Stockholders Meeting

Xometry, Inc. held its 2025 Annual Meeting of Stockholders on June 18, 2025, where stockholders voted on three key proposals. The stockholders elected a Class I director to serve until 2028, approved the compensation of the company’s named executive officers, and ratified Deloitte and Touche LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025. These decisions reflect the company’s ongoing governance practices and commitment to maintaining transparency and accountability in its operations.

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.

Xometry Announces $225M Convertible Notes Offering

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.

Xometry COO Peter Goguen to Depart by June 30

On May 27, 2025, Xometry, Inc. announced that its Chief Operating Officer, Peter Goguen, will be leaving the company effective June 30, 2025. In accordance with his employment agreement, Mr. Goguen will receive payments and benefits upon his departure, contingent upon his compliance with certain conditions including a general release and waiver of claims.

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.