MKFG - Markforged Holding Corporation Stock Price, Fair Value and News

0.65USD-0.03 (-4.41%)Delayed as of 22 Apr 2024, 11:01 am ET

Market Summary

USD0.65-0.03

Delayedas of 22 Apr 2024, 11:01 am

-4.41%

MKFG Stock Price

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MKFG RSI Chart

MKFG Valuation

Market Cap

135.6M

Price/Earnings (Trailing)

-1.31

Price/Sales (Trailing)

1.45

EV/EBITDA

-0.18

Price/Free Cashflow

-2.58

MKFG Price/Sales (Trailing)

MKFG Profitability

Operating Margin

47.36%

EBT Margin

-111.06%

Return on Equity

-64.08%

Return on Assets

-41.77%

Free Cashflow Yield

-38.72%

MKFG Fundamentals

MKFG Revenue

Revenue (TTM)

93.8M

Rev. Growth (Yr)

-18.52%

Rev. Growth (Qtr)

20.4%

MKFG Earnings

Earnings (TTM)

-103.6M

Earnings Growth (Yr)

-1.1K%

Earnings Growth (Qtr)

72.36%

Breaking Down MKFG Revenue

52 Week Range

0.622.30

(Low)(High)

Last 30 days

-13.0%

Last 90 days

-21.2%

Trailing 12 Months

-22.3%

How does MKFG drawdown profile look like?

MKFG Financial Health

Current Ratio

4.23

MKFG Investor Care

Shares Dilution (1Y)

2.20%

Diluted EPS (TTM)

-0.53

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	103.2M	104.4M	99.3M	93.8M
2022	93.0M	96.8M	97.9M	101.0M
2021	74.3M	80.5M	88.9M	91.2M
2020	0	72.3M	72.1M	71.9M
2019	0	0	0	72.5M

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

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Markforged Holding Corporation

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 15, 2024	karp stephen	sold (taxes)	-115	0.57	-203	general counsel
Apr 01, 2024	terem shai	sold (taxes)	-90,941	0.85	-106,990	chief executive officer
Apr 01, 2024	zipori assaf	sold (taxes)	-14,314	0.85	-16,840	acting chief financial officer
Apr 01, 2024	karp stephen	sold (taxes)	-12,125	0.85	-14,265	general counsel
Feb 11, 2024	terem shai	sold (taxes)	-9,152	0.64	-14,300	chief executive officer
Feb 11, 2024	zipori assaf	sold (taxes)	-696	0.64	-1,089	acting chief financial officer
Jan 15, 2024	karp stephen	sold (taxes)	-158	0.72	-220	general counsel
Jan 01, 2024	zipori assaf	sold (taxes)	-13,980	0.82	-17,049	acting chief financial officer
Jan 01, 2024	karp stephen	sold (taxes)	-11,697	0.82	-14,265	general counsel
Jan 01, 2024	terem shai	sold (taxes)	-98,349	0.82	-119,938	chief executive officer

Which funds bought or sold MKFG recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	ARK Investment Management LLC	reduced	-1.69	35,125	15,544,900	0.11%
Apr 18, 2024	WASATCH ADVISORS LP	reduced	-1.21	17,553	2,459,470	0.01%
Apr 11, 2024	Bangor Savings Bank	unchanged	-	30.00	1,522	-%
Apr 11, 2024	Ballentine Partners, LLC	unchanged	-	800	41,800	-%
Mar 28, 2024	Newbridge Financial Services Group, Inc.	unchanged	-	-2,363	3,075	-%
Mar 22, 2024	PNC FINANCIAL SERVICES GROUP, INC.	new	-	53.00	53.00	-%
Mar 11, 2024	VANGUARD GROUP INC	added	4.59	-2,762,720	3,999,950	-%
Feb 26, 2024	Virtu Financial LLC	sold off	-100	-2,000	-	-%
Feb 20, 2024	Quarry LP	new	-	6,996	6,996	-%
Feb 20, 2024	Quarry LP	sold off	-100	-211,113	-	-%

Are Funds Buying or Selling MKFG?

Are funds buying MKFG calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own MKFG

No. of Funds

Unveiling Markforged Holding Corporation's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 12, 2024	ark investment management llc	10.18%	20,200,757	SC 13G/A
Feb 09, 2024	senvest management, llc	8.0%	15,930,998	SC 13G/A
Feb 09, 2024	matrix partners ix, l.p.	14.4%	28,495,912	SC 13G/A
Feb 09, 2024	north bridge venture partners 7, l.p.	14.7%	29,126,742	SC 13G/A
Jan 31, 2024	summit partners growth equity fund ix-a, l.p.	4.48%	8,886,205	SC 13G/A
Jan 29, 2024	ark investment management llc	9.53%	18,914,314	SC 13G/A
May 09, 2023	ark investment management llc	10.42%	20,390,267	SC 13G/A
Feb 14, 2023	trinity tvl xi, llc	3.8%	7,318,367	SC 13G/A
Feb 10, 2023	senvest management, llc	8.83%	17,141,219	SC 13G/A
Feb 10, 2023	ark investment management llc	8.25%	16,014,894	SC 13G/A

Recent SEC filings of Markforged Holding Corporation

View All Filings

Date Filed	Form Type	Document
Apr 17, 2024	4	Insider Trading
Apr 15, 2024	8-K	Current Report
Apr 08, 2024	PRE 14A	PRE 14A
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Apr 03, 2024	4	Insider Trading
Mar 15, 2024	10-K	Annual Report
Mar 15, 2024	S-8	Employee Benefits Plan
Mar 07, 2024	8-K	Current Report
Feb 13, 2024	4	Insider Trading

Peers (Alternatives to Markforged Holding Corporation)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CSCO	195.8B	57.2B	-2.44%	3.78%	14.56	3.42	7.66%	18.93%
ANET	76.9B	5.9B	-17.04%	58.34%	36.85	13.13	33.75%	54.34%
HPQ	27.3B	53.1B	-6.27%	-6.11%	7.98	0.51	-11.04%	34.01%
HPE	21.8B	29.1B	-0.89%	15.41%	10.77	0.75	2.24%	133.29%
LOGI	12.2B	4.2B	-14.58%	36.06%	25.05	2.87	-11.68%	12.69%
JNPR	11.6B	5.6B	-2.04%	16.88%	37.43	2.09	4.97%	-34.14%
MID-CAP
UI	6.4B	1.9B	-4.27%	-56.01%	17.33	3.44	4.69%	6.86%
BDC	3.4B	2.5B	-9.88%	3.72%	13.89	1.34	-3.62%	-4.73%
LITE	2.8B	1.4B	-14.55%	-9.52%	-10.56	1.96	-21.40%	-1031.82%
SMALL-CAP
EXTR	1.4B	1.3B	-6.40%	-30.65%	17.6	1.05	14.09%	64.56%
AAOI	465.4M	217.6M	-16.24%	471.70%	-8.3	2.14	-2.32%	15.59%
ADTN	371.1M	1.1B	-14.13%	-50.48%	-1.39	0.32	12.05%	-13041.29%
ALOT	133.2M	148.1M	-3.70%	13.83%	28.37	0.9	3.90%	76.40%
AIRG	55.6M	56.0M	-1.12%	3.12%	-4.47	0.99	-26.16%	-43.53%
AKTS	48.3M	29.7M	-19.67%	-85.42%	-0.7	1.63	39.86%	-13.06%

Markforged Holding Corporation News

Latest updates

Markforged Holding Corporation Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Revenue	20.4%	24,170,000	20,075,000	25,449,000	24,090,000	29,664,000	25,208,000	24,227,000	21,859,000	26,637,000	24,045,000	20,419,000	20,120,000	24,337,000	15,639,000	14,174,000	-
Cost Of Revenue	14.4%	12,479,000	10,907,000	13,476,000	12,508,000	15,738,000	12,959,000	11,302,000	10,253,000	11,621,000	10,330,000	8,496,000	7,939,000	8,605,000	6,319,000	6,720,000	-
Gross Profit	27.5%	11,691,000	9,168,000	11,973,000	11,582,000	13,926,000	12,249,000	12,925,000	11,606,000	15,016,000	13,715,000	11,923,000	12,181,000	15,732,000	9,320,000	7,454,000	-
Operating Expenses	-47.9%	31,052,000	59,587,000	32,072,000	33,084,000	33,217,000	35,077,000	36,738,000	32,758,000	33,943,000	36,095,000	22,658,000	21,179,000	18,904,000	12,902,000	13,125,000	-
S&GA Expenses	14.6%	9,394,000	8,194,000	9,666,000	10,576,000	9,871,000	11,783,000	12,873,000	10,448,000	10,255,000	10,399,000	8,255,000	7,057,000	513,912	4,982,000	5,296,000	-
R&D Expenses	6.4%	10,347,000	9,724,000	10,286,000	10,380,000	11,012,000	10,421,000	10,387,000	10,567,000	10,679,500	9,761,000	6,444,000	5,259,000	4,293,000	4,031,000	4,206,000	-
EBITDA Margin	-8.9%	-1.11	-1.02	-0.65	-0.43	-0.21	-0.07	0.39	0.22	0.06	-0.01	-0.33	-0.28	-0.22	-0.39	-0.39	-
Interest Expenses	2.4%	130,000	127,000	116,000	-	-	2,000	9,000	-	1,000	6,000	5,000	4,000	47,000	23,000	20,000	-
Income Taxes	93.8%	-12,500	-200,000	-358,000	1,000	-424,000	3,000	4,000	-1,000	57,000	-3,000	6,000	-4,000	-2,000	26,000	29,000	-
Earnings Before Taxes	72.5%	-14,194,000	-51,595,000	-19,346,000	-19,018,000	-11,156,000	-22,967,000	4,079,000	4,238,000	3,318,000	21,700,000	-11,084,000	-10,023,000	-3,334,000	-3,693,000	-5,660,000	-
EBT Margin	-9.0%	-1.11	-1.02	-0.69	-0.48	-0.26	-0.12	0.34	0.20	0.04	-0.03	-0.35	-0.31	-0.25	-0.41	-0.41	-
Net Income	72.4%	-14,198,000	-51,362,000	-18,988,000	-19,019,000	1,400,000	-22,970,000	4,075,000	4,239,000	3,261,000	21,703,000	-11,090,000	-10,019,000	-3,332,000	-3,719,000	-5,689,000	-
Net Income Margin	-9.5%	-1.10	-1.01	-0.69	-0.47	-0.25	-0.12	0.34	0.19	0.04	-0.03	-0.35	-0.31	-0.25	-0.41	-0.41	-
Free Cashflow	-10.1%	-10,291,000	-9,343,000	-15,669,000	-17,188,000	-13,624,000	-28,207,000	-23,060,000	-20,045,000	-8,372,000	-23,695,000	-10,460,000	-6,963,000	890,974	-525,915	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	-3.7%	248	257	305	328	346	352	356	330	337	344	71.00	216	90.00	216	93.00
Current Assets	-5.5%	172	182	197	213	230	243	293	310	330	338	61.00	1.00	85.00	1.00	87.00
Cash Equivalents	19.0%	117	98.00	86.00	91.00	124	182	243	269	289	297	33.00	45.00	59.00	57.00	60.00
Inventory	-6.8%	27.00	29.00	30.00	29.00	26.00	25.00	19.00	13.00	10.00	11.00	8.00	-	7.00	-	6.00
Net PPE	2.9%	18.00	17.00	18.00	19.00	18.00	13.00	7.00	7.00	6.00	5.00	4.00	-	4.00	-	6.00
Goodwill	-	-	-	30.00	31.00	31.00	31.00	4.00	5.00	-	-	-	-	-	-	-
Liabilities	-0.5%	86.00	87.00	86.00	90.00	93.00	94.00	90.00	75.00	93.00	111	25.00	32.00	28.00	24.00	17.00
Current Liabilities	13.1%	41.00	36.00	36.00	39.00	41.00	35.00	34.00	24.00	25.00	22.00	20.00	2.00	18.00	0.00	14.00
Long Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	-	-
LT Debt, Non Current	-	-	-	-	-	-	-	-	-	-	-	-	-	5.00	-	-
Shareholder's Equity	-5.3%	162	171	219	238	253	258	266	254	244	233	47.00	54.00	62.00	5.00	-
Retained Earnings	-7.5%	-204	-190	-139	-120	-101	-90.36	-67.39	-71.47	-75.71	-78.97	-100	-9.49	-79.56	-0.79	-61.58
Additional Paid-In Capital	1.0%	366	363	359	357	353	350	334	326	320	312	11.00	14.00	6.00	6.00	2.00
Shares Outstanding	0.5%	199	198	197	195	195	190	187	186	186	163	-	39.00	38.00	39.00	-
Float	-	-	-	148	-	-	-	180	-	-	-	215	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2019Q4
Cashflow From Operations	4.8%	-8,876	-9,324	-15,158	-15,542	-8,204	-23,743	-22,327	-19,247	-6,907	-22,411	-9,796	-6,588	1,156	-393	-	-
Share Based Compensation	-6.9%	3,829	4,112	1,690	4,356	2,589	5,286	4,912	5,422	7,535	8,424	1,777	1,194	1,041	521	503	-
Cashflow From Investing	26.1%	27,724	21,981	10,489	-18,096	-49,269	-38,065	-2,766	-798	-1,465	-1,284	-664	-375	-73.50	-215,000	-	-
Cashflow From Financing	0.7%	-152	-153	-277	62.00	-47.00	418	601	580	558,516	-270,990	-1,410	-6,738	-99.50	216,460	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	45,000	-	-	-	-	-	-

MKFG Income Statement

2023-12-31

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Revenue	$ 93,784	$ 100,958
Cost of revenue	49,370	50,252
Gross profit	44,414	50,706
Operating expenses
Sales and marketing	37,830	44,975
Research and development	40,737	42,387
General and administrative	47,761	50,428
Goodwill impairment	29,467	0
Total operating expenses	155,795	137,790
Loss from operations	(111,381)	(87,084)
Change in fair value of derivative liabilities	472	1,485
Change in fair value of contingent earnout liability	1,036	57,307
Other expense, net	(307)	(381)
Interest expense	(373)	(11)
Interest income	6,400	2,878
Loss before income taxes	(104,153)	(25,806)
Income tax (benefit) expense	(586)	(418)
Net loss	$ (103,567)	$ (25,388)
Weighted average shares outstanding - basic	196,896,011	189,747,367
Weighted average shares outstanding - diluted	196,896,011	189,747,367
Net loss per share - basic	$ (0.53)	$ (0.13)
Net loss per share - diluted	$ (0.53)	$ (0.13)

MKFG Balance Sheet

2023-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets
Cash and cash equivalents	$ 116,854	$ 124,242
Total short-term investments	0	43,690
Accounts receivable, net of allowance for expected credit losses ($360 and $1,559, respectively)	24,059	29,294
Inventory	26,773	26,409
Prepaid expenses	2,756	2,847
Other current assets	2,022	3,334
Total current assets	172,464	229,816
Property and equipment, net	17,713	18,298
Intangible assets, net	17,128	17,626
Goodwill	0	31,116
Right-of-use asset	36,884	45,955
Other assets	3,763	3,130
Total assets	247,952	345,941
Current liabilities
Accounts payable	13,235	14,425
Accrued expenses	9,840	9,663
Deferred revenue	8,779	8,854
Lease liability	7,368	8,022
Other current liabilities	1,526	0
Total current liabilities	40,748	40,964
Long-term deferred revenue	6,083	5,358
Contingent earnout liability	1,379	2,415
Long-term lease liabilities	35,771	40,608
Other liabilities	2,361	4,042
Total liabilities	86,342	93,387
Commitments and contingencies (Note 15)
Stockholders' equity
Common stock, $0.0001 par value; 1,000,000,000 shares authorized at December 31, 2023 and December 31, 2022; 198,581,263 and 194,560,946 shares issued and outstanding at December 31, 2023 and December 31, 2022, respectively	19	19
Additional paid-in capital	366,281	352,564
Accumulated deficit	(204,664)	(101,097)
Accumulated other comprehensive (loss) income	(26)	1,068
Total stockholders' equity	161,610	252,554
Total liabilities and stockholders' equity	$ 247,952	$ 345,941

About Markforged Holding Corporation

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

CEO	Mr. Shai Terem
WEBSITE	markforged.com
INDUSTRY	Computer Hardware
EMPLOYEES	428

Markforged Holding Corporation Frequently Asked Questions

What is the ticker symbol for Markforged Holding Corporation? What does MKFG stand for in stocks?

MKFG is the stock ticker symbol of Markforged Holding Corporation. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Markforged Holding Corporation (MKFG)?

As of Fri Apr 19 2024, market cap of Markforged Holding Corporation is 135.56 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MKFG stock?

You can check MKFG's fair value in chart for subscribers.

What is the fair value of MKFG stock?

You can check MKFG's fair value in chart for subscribers. The fair value of Markforged Holding Corporation is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Markforged Holding Corporation is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MKFG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Markforged Holding Corporation a good stock to buy?

The fair value guage provides a quick view whether MKFG is over valued or under valued. Whether Markforged Holding Corporation is cheap or expensive depends on the assumptions which impact Markforged Holding Corporation's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MKFG.

What is Markforged Holding Corporation's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, MKFG's PE ratio (Price to Earnings) is -1.31 and Price to Sales (PS) ratio is 1.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MKFG PE ratio will change depending on the future growth rate expectations of investors.