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Desktop Metal Inc Stock Research

DM

1.46USD+0.07(+5.04%)Market Closed
Watchlist

Market Summary

USD1.46+0.07
Market Closed
5.04%

DM Alerts

  • Big jump in Earnings (Y/Y)
  • Losses in recent quarter

DM Stock Price

DM RSI Chart

DM Valuation

Market Cap

471.0M

Price/Earnings (Trailing)

-0.99

Price/Sales (Trailing)

2.33

EV/EBITDA

-0.82

Price/Free Cashflow

-3.2

DM Price/Sales (Trailing)

DM Profitability

EBT Margin

-350.30%

Return on Equity

-148.91%

Return on Assets

-101.24%

Free Cashflow Yield

-31.22%

DM Fundamentals

DM Revenue

Revenue (TTM)

202.2M

Revenue Y/Y

-7.61%

Revenue Q/Q

28.97%

DM Earnings

Earnings (TTM)

-475.5M

Earnings Y/Y

83.27%

Earnings Q/Q

5.54%

Price Action

52 Week Range

1.132.89
(Low)(High)

Last 7 days

1.4%

Last 30 days

-14.6%

Last 90 days

-17.5%

Trailing 12 Months

-42.7%

DM Financial Health

Current Ratio

3.79

DM Investor Care

Shares Dilution (1Y)

2.89%

Diluted EPS (TTM)

-1.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for DM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-01
Nogueira Thomas
sold (taxes)
-973
1.78
-547
chief operating officer
2023-08-11
Nogueira Thomas
sold (taxes)
-7,301
1.62
-4,507
chief operating officer
2023-07-27
EISENSTEIN JAMES S
acquired
-
-
10,246
-
2023-07-03
Nogueira Thomas
sold (taxes)
-30,285
1.75
-17,306
chief operating officer
2023-06-07
Papa Steve
acquired
-
-
60,085
-
2023-06-07
Nigro Stephen James
acquired
-
-
60,085
-
2023-06-07
Grayson Dayna B
acquired
-
-
60,085
-
2023-06-07
EISENSTEIN JAMES S
acquired
-
-
60,085
-
2023-06-07
HSIEH Wen Hsuan
acquired
-
-
60,085
-
2023-06-07
Zuberi Bilal
acquired
-
-
60,085
-

1–10 of 50

Which funds bought or sold DM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-20
BARCLAYS PLC
reduced
-24.00
-136,000
192,000
-%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
-11.00
37.00
-%
2023-08-21
OSAIC HOLDINGS, INC.
reduced
-0.85
-184,210
593,181
-%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
added
7.72
-116,006
562,414
-%
2023-08-16
Nuveen Asset Management, LLC
unchanged
-
-401,797
1,340,200
-%
2023-08-16
GTS SECURITIES LLC
new
-
1,414,710
1,414,710
0.04%
2023-08-15
LAZARD ASSET MANAGEMENT LLC
added
204
977,000
1,703,000
-%
2023-08-15
HARBOUR INVESTMENTS, INC.
reduced
-8.89
-4,300
10,091
-%
2023-08-15
GOLDMAN SACHS GROUP INC
added
72.75
271,415
1,095,380
-%
2023-08-15
Belpointe Asset Management LLC
sold off
-100
-33,550
-
-%

1–10 of 44

Latest Funds Activity

Are funds buying DM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own DM
No. of Funds

Schedule 13G FIlings of Desktop Metal

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 25, 2023
ebrahimi farhad fred
8.73%
28,199,128
SC 13D/A
Jul 24, 2023
ebrahimi farhad fred
7.99%
25,677,391
SC 13D/A
Jul 10, 2023
ebrahimi farhad fred
8.29%
26,664,618
SC 13D/A
Jun 09, 2023
ebrahimi farhad fred
7.26%
23,344,602
SC 13D/A
May 30, 2023
ebrahimi farhad fred
7.43%
23,881,002
SC 13D
Feb 09, 2023
vanguard group inc
6.94%
22,051,032
SC 13G/A
Feb 03, 2023
blackrock inc.
6.5%
20,629,705
SC 13G
Feb 15, 2022
bamco inc /ny/
0%
0
SC 13G/A
Feb 14, 2022
gv 2016, l.p.
1.82%
5,669,935
SC 13G/A
Feb 11, 2022
kleiner perkins caufield & byers xvi, llc
5.4%
16,909,580
SC 13G/A

Recent SEC filings of Desktop Metal

View All Filings
Date Filed Form Type Document
Sep 29, 2023
8-K
Current Report
Sep 21, 2023
425
Prospectus Filed
Sep 19, 2023
425
Prospectus Filed
Sep 19, 2023
425
Prospectus Filed
Sep 19, 2023
425
Prospectus Filed
Sep 19, 2023
DEFA14A
DEFA14A
Sep 14, 2023
425
Prospectus Filed
Sep 14, 2023
425
Prospectus Filed
Sep 14, 2023
425
Prospectus Filed
Sep 14, 2023
425
Prospectus Filed

Peers (Alternatives to Desktop Metal)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
383.9B
-8.76% 20.36%
28.27
6.98
-0.93% -4.89%
2.3T
211.9B
-3.97% 33.32%
32.43
11.07
6.88% -0.52%
1.7T
289.5B
-3.71% 34.42%
27.32
5.75
4.10% -15.36%
1.3T
538.0B
-5.89% 10.73%
100.29
2.44
10.73% 12.62%
MID-CAP
1.5B
9.9B
-23.08% -30.83%
56.73
0.15
24.14% 106.11%
774.7M
246.5M
-11.19% 2.45%
-4.87
3.14
6.65% -174.04%
SMALL-CAP
1.6B
2.2B
-7.05% 17.79%
11.36
0.73
38.20% -10.10%
1.6B
627.1M
-7.75% -16.43%
-1.08
2.5
-0.20% -204.67%
1.2B
56.2M
23.62% -56.02%
-1.43
21.5
40.31% -12.26%
979.4M
543.3M
-12.64% 17.77%
-674.53
1.8
31.74% 78.13%
618.7M
356.8M
-22.36% -33.33%
-2.2
1.73
-23.03% 15.53%
485.3M
1.0B
-13.02% -37.07%
-18.36
0.47
-11.34% -107.10%
430.9M
453.3M
72.08% -71.84%
-0.35
0.95
-16.04% 55.90%
102.8M
13.7M
-13.56% -76.85%
-0.61
7.53
413.65% 52.51%

Desktop Metal News

InvestorsObserver
Will Desktop Metal Inc (DM) Beat the Rest of the Stocks in the Technology Sector?.
InvestorsObserver,
2 days ago
Seeking Alpha
InvestorsObserver
Best Stocks

Returns for DM

Cumulative Returns on DM

-48.9%


3-Year Cumulative Returns

Risks for DM

What is the probability of a big loss on DM?

58.6%


Probability that Desktop Metal stock will be more than 20% underwater in next one year

58.6%


Probability that Desktop Metal stock will be more than 30% underwater in next one year.

58.2%


Probability that Desktop Metal stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does DM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Desktop Metal was unfortunately bought at previous high price.

Drawdowns

Financials for Desktop Metal

Income Statement (Last 12 Months)
Income Statement (Last 12 Months)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-2.1%202,245,000206,633,000209,023,000205,146,000183,498,000144,801,000112,408,00064,097,00041,186,00024,398,00016,470,00013,664,00012,891,11712,513,57226,439,0005,008,2404,004,126762,4321,034,000
Gross Profit-15.4%12,727,00015,035,00015,071,00019,313,00023,577,00017,552,00018,293,0004,100,000-2,156,000-12,817,000-15,049,000-20,124,000-23,764,000-19,068,000-24,357,000-23,522,666---4,434,000
Operating Expenses-33.8%483,276,000729,636,000746,834,000498,587,000508,626,000257,746,000219,748,000172,435,000122,038,00087,700,00077,006,00074,208,00057,566,52642,251,48884,688,0001,225,352953,101561,728174,772
  S&GA Expenses-17.2%48,043,00058,009,00068,091,00074,727,00071,747,00062,235,00047,995,00032,709,00022,027,00014,091,00013,136,00014,816,00016,365,33318,632,00018,749,00018,569,333--14,674,000
  R&D Expenses-10.6%85,270,00095,417,00096,878,000100,668,00097,597,00081,878,00068,131,00057,594,00047,478,00041,654,00043,136,00045,395,00048,266,66752,746,00054,656,00054,164,000--59,607,000
EBITDA100.0%--675,109,000-692,817,000-451,153,000-464,351,000-220,388,000-244,999,000-154,107,000-110,078,000-135,367,727-26,038,000-123,444,870-119,155,849-93,508,076-95,006,00010,746,2056,451,7004,297,5044,290,228
EBITDA Margin100.0%--3.27-3.31-2.20-2.53-1.52-2.18-2.17-2.08-3.90-1.58-11.93-28.21-16.23-18.482.151.615.644.15
Interest Expenses-18.4%-3,062,000-2,586,000-1,743,000-1,293,000-625,000-43,000-149,000-571,000-461,000-359,000-328,000367,000358,667436,000503,000518,667--261,000
Earnings Before Taxes34.3%-475,329,000-723,840,000-741,841,000-497,666,000-504,892,000-254,174,000-270,002,000-171,856,000-123,911,000-100,179,000-34,955,000-92,854,000-72,331,487-46,991,714-103,596,0002,555,5381,986,700-167,496-174,772
EBT Margin100.0%--3.50-3.55-2.43-2.75-1.76-2.40-2.42-2.34-4.21-2.12-12.82-30.45-17.92-20.150.510.50-0.22-0.17
Net Income34.2%-475,497,000-723,041,000-740,343,000-499,157,000-505,262,000-251,170,000-240,334,000-138,155,000-90,733,000-71,319,000-34,015,000-92,854,000-72,555,245-47,536,186-103,596,0002,009,7001,557,260-170,228-174,772
Net Income Margin100.0%--3.50-3.54-2.43-2.75-1.73-2.14-1.94-1.72-3.68-5.49-8.97-17.18-8.25-20.150.400.39-0.22-0.17
Free Cashflow100.0%--171,057,000-193,048,000-207,473,000-207,264,000-181,688,000-162,731,000-193,602,264-113,144,000-99,957,000-82,004,000-82,465,000-98,589,297-120,827,754-104,069,000-83,960,604-16,431,478-15,045,034-14,159,084
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-5.2%6777147541,0511,1111,3221,3899721,017988642127306306193304303302129
  Current Assets-9.2%2873163363734063504024875606226131030.000.001661.002.002.00106
    Cash Equivalents20.2%12210176.0067.0010810468.0013218841648437.0075.0075.0067.0067.001.001.0029.00
  Inventory2.1%10098.0092.0091.0089.0082.0065.0033.0025.0021.0010.0010.00--8.00---4.00
  Net PPE-6.5%42.0045.0056.0058.0058.0058.0059.0024.0013.0012.0012.0014.00--18.00---19.00
  Goodwill-0.8%1131141133651131136392.0015.002012.002.002.00-2.00--0.00-
Liabilities1.8%23322922724524014414072.0059.0048.0012629.0011.0011.0034.0011.0011.0011.0037.00
  Current Liabilities-1.6%82.0083.0083.0098.0094.0010410450.0042.0039.0030.0026.00--21.000.000.000.0023.00
    LT Debt, Current-3.5%0.000.001.000.001.001.001.001.000.0011.0010.0010.00-------
    LT Debt, Non Current------1.001.001.00-0.00----10.00---10.00
Shareholder's Equity-8.5%4444865288078711,1781,24890095794051699.001161391595.005.005.00-
  Retained Earnings-3.7%-1,411-1,361-1,308-996-935-638-568-497-430-387-328-3593.003.00-2942.001.00-0.09-190
  Additional Paid-In Capital0.5%1,8941,8841,8751,8641,8521,8341,8231,3981,3881,32784421.002.002.004533.004.005.006.00
Shares Outstanding0.7%323320318317314312311261255238225160158-1558.009.007.0029.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations13.3%-140-162-181-195-194-170-155-131-112-99.27-80.57-81.59-135-119-97.20-74.59-2.46-1.08-0.19
  Share Based Compensation-15.4%40.0047.0048.0050.0049.0036.0029.0020.0012.009.008.006.005.006.005.005.00--3.00
Cashflow From Investing207.1%14948.0082.0022.004.00-150-427-474-473-249-36.9853.00322305-26.03-64.91-598-1,20039.00
Cashflow From Financing-98.0%2.0011311411511510.00167701699692535-0.04-141-1411601604036041.00

DM Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Total revenues$ 53,286$ 57,674$ 94,602$ 101,380
Cost of sales    
Total cost of sales47,19749,27789,87794,311
Gross profit6,0898,3974,7257,069
Operating expenses    
Research and development21,22331,37044,36755,975
Sales and marketing10,44020,40620,04740,070
General and administrative22,94419,69141,14543,573
Goodwill impairment 229,500 229,500
Total operating expenses54,607300,967105,559369,118
Loss from operations(48,518)(292,570)(100,834)(362,049)
Interest expense(1,109)(633)(1,920)(601)
Interest and other (expense) income, net(78)(5,013)(149)(6,766)
Loss before income taxes(49,705)(298,216)(102,903)(369,416)
Income tax benefit (expense)(23)9445342,200
Net loss$ (49,728)$ (297,272)$ (102,369)$ (367,216)
Net loss per share-Basic$ (0.15)$ (0.95)$ (0.32)$ (1.17)
Net loss per share-Diluted$ (0.15)$ (0.95)$ (0.32)$ (1.17)
Weighted average shares outstanding, basic321,655,818313,556,886320,382,809312,798,328
Weighted average shares outstanding, diluted321,655,818313,556,886320,382,809312,798,328
Products    
Revenues    
Total revenues$ 47,398$ 52,672$ 84,095$ 92,148
Cost of sales    
Total cost of sales43,22444,91382,11586,815
Services    
Revenues    
Total revenues5,8885,00210,5079,232
Cost of sales    
Total cost of sales$ 3,973$ 4,364$ 7,762$ 7,496

DM Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 121,660$ 76,291
Current portion of restricted cash8244,510
Shortterm investments5,933108,243
Accounts receivable41,23538,481
Inventory100,33091,736
Prepaid expenses and other current assets17,04116,325
Assets held for sale 830
Total current assets287,023336,416
Restricted cash, net of current portion6121,112
Property and equipment, net42,30756,271
Goodwill112,741112,955
Intangible assets, net199,609219,830
Other noncurrent assets34,80627,763
Total Assets677,098754,347
Current liabilities:  
Accounts payable25,04125,105
Customer deposits9,27511,526
Current portion of lease liability5,9315,730
Accrued expenses and other current liabilities28,72426,723
Current portion of deferred revenue12,79913,719
Current portion of longterm debt389584
Total current liabilities82,15983,387
Long-term debt, net of current portion187311
Convertible notes112,199111,834
Lease liability, net of current portion23,19617,860
Deferred revenue, net of current portion3,7113,664
Deferred tax liability8,0608,430
Other noncurrent liabilities3,1271,359
Total liabilities232,639226,845
Commitments and Contingencies (Note 17)
Stockholders' Equity  
Preferred Stock, $0.0001 par value-authorized, 50,000,000 shares; no shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively
Common Stock, $0.0001 par value-500,000,000 shares authorized; 322,656,280 and 318,235,106 shares issued at June 30, 2023 and December 31, 2022, respectively, 322,630,201 and 318,133,434 shares outstanding at June 30, 2023 and December 31, 2022, respectively3232
Additional paid-in capital1,893,5481,874,792
Accumulated deficit(1,411,323)(1,308,954)
Accumulated other comprehensive loss(37,798)(38,368)
Total Stockholders' Equity444,459527,502
Total Liabilities and Stockholders' Equity$ 677,098$ 754,347
Ric Fulop
1370
Desktop Metal, Inc. engages in manufacture and sale of additive manufacturing technologies for engineers, designers, and manufacturers in the Americas, Europe, the Middle East, Africa, and the Asia- Pacific. The company offers Production System, an industrial manufacturing solution; Shop System, a mid-volume binder jetting platform; X-series platform for serial production binder jet 3D printed metal, ceramic, or composite parts, balancing speed, and quality; and Studio System, an office metal 3D printing system; and Fiber platform that offers a desktop 3D printer. In addition, it provides Xtreme 8K platform, designed for industrial, high-temperature production of end-use photopolymer parts, and uses high-powered light sources with a water-cooled DLP chip; Einstein series, designed for dental professionals which offers 3D printing; P4K platform offers series of advanced DLP printer models designed for volume production in precision applications; Envision One platform; which leverages patented CDLM technology for high-volume production of end-use photopolymer parts; D4K Pro platform, designed for jewelry and chairside settings; S-Max platform, which provides digital casting solution; and Robotic Additive Manufacturing, or RAM, platform that offers robotic 3D printing solutions. Further, the company offers S-Print, an entry-level solution for prototypes and small series production in digital casting applications; and 3D-Bioplotter platform which offers biofabrication solution. Additionally, the company provides binder jetting materials, DLP and CDLM photopolymer resins, BMD materials, micro-AFP materials, and bioprinting materials. It serves automotive, aerospace, healthcare and dental, consumer products, heavy industry, machine design, and research and development industries. The company was founded in 2015 and is headquartered in Burlington, Massachusetts.