Morgan Stanley initiated coverage on Desktop Metal with a new price target
$DM
Industrial Machinery/Components
Technology
Morgan Stanley initiated coverage of Desktop Metal with a rating of Equal-Weight and set a new price target of $1.75
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2023 | $1.75 | Equal-Weight | Morgan Stanley |
| 12/16/2022 | Neutral | JP Morgan | |
| 8/17/2022 | $2.80 | Neutral | Credit Suisse |
| 1/10/2022 | $5.00 | Hold → Buy | Lake Street |
| 1/10/2022 | Hold → Buy | Lake Street | |
| 11/16/2021 | Buy → Hold | Cross Research | |
| 10/8/2021 | Perform | Oppenheimer | |
| 6/25/2021 | $14.00 | Neutral | Credit Suisse |
4 - Desktop Metal, Inc. (0001754820) (Issuer)
4 - Desktop Metal, Inc. (0001754820) (Issuer)
4 - Desktop Metal, Inc. (0001754820) (Issuer)
Morgan Stanley initiated coverage of Desktop Metal with a rating of Equal-Weight and set a new price target of $1.75
JP Morgan initiated coverage of Desktop Metal with a rating of Neutral
Credit Suisse initiated coverage of Desktop Metal with a rating of Neutral and set a new price target of $2.80
New Leadership Team to Transform Combined Company by Focusing on Products and Services With a Growth Outlook That Can Deliver Financial Results Waltham, Massachusetts, April 02, 2025 (GLOBE NEWSWIRE) -- Nano Dimension, a digital manufacturing leader, today announced the completion of its acquisition of Desktop Metal, Inc. (NYSE:DM) ("Desktop Metal"), establishing a global leader in innovative disruptive systems, software, and materials for high-value, high-performance electronics, mechanical, and medical applications. The transaction, valued at $179.3 million or $5.295 per share, was finalized following receipt of all necessary regulatory approvals and satisfaction of customary closing c
Waltham, Mass, March 26, 2025 (GLOBE NEWSWIRE) -- Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or the "Company"), a leader in Digital Manufacturing solutions, today provided an update following the Delaware Court of Chancery's March 24, 2025 ruling, which upheld Nano Dimension's obligation to complete the acquisition of Desktop Metal, Inc. (NYSE:DM) per the parties' July 2, 2024 Merger Agreement. Strategic Focus and Integration Planning Since the recomposition of the Nano Dimension Board on December 15, 2024, the Company has diligently prepared for the integration of Desktop Metal, despite ongoing litigation. These proactive efforts position Nano Dimension to maximize the combi
Desktop Metal, Inc. (NYSE:DM) ("Desktop Metal") today announced that the Delaware Court of Chancery has ruled in favor of Desktop Metal in its pending litigation against Nano Dimension Ltd. and Nano US I, Inc. (together, "Nano") regarding the merger agreement between Desktop Metal and Nano dated July 2, 2024 (the "Merger Agreement"). In its March 24 post-trial opinion and order, the Court found that Nano materially breached the Merger Agreement, rejected Nano's counterclaims, and granted Desktop Metal specific performance. The Court ordered that, within 48 hours of its order, Nano must agree to and execute a national security agreement with the Committee on Foreign Investment in the United
Revenue of $38.9 million compared to $53.3 million for the same period a year ago Q2 net loss of $(103.4) million, impacted by one-time noncash charges related to accelerated amortization and depreciation on certain intangible and fixed assets Adjusted EBITDA of $(13.2) million, an improvement from $(15) million from Q2 2023 Quarterly GAAP operating expenses increased to $69.1 million due to accelerated amortization and depreciation from discontinued operations. Ongoing cost reductions delivered non-GAAP operating expenses of $27 million, a 22% year-over-year improvement Services revenue in support of current and prospective customers increased 27% to $7.5 million, up from $5.9
Desktop Metal, Inc. (NYSE:DM) today announced it will report financial results for the second quarter ended June 30, 2024 before the market opens on Wednesday, July 31, 2024. At this time, a summary presentation will also be available online at the Events & Presentations section of Desktop Metal's Investor Relations website, https://ir.desktopmetal.com. Desktop Metal will host a conference call on the same day at 8:30 a.m. ET to discuss the results. Participants may access the call at 1-800-717-1738, international callers may use 1-646-307-1865, and request to join the Desktop Metal financial results conference call. A simultaneous webcast of the conference call and the accompanying summa
Well-Capitalized Combined Company with Strong Financial Profile and 2023 Revenue of $246M, 28% from Recurring Revenue Poised for Significant Value Creation from Complementary Product Offerings and Deeper Diversified Global Customer Penetration Focus on Reaching Profitability and Capitalizing on Growth Potential Through Greater Scale as Industry Continues Shift to AM Designed-for-Manufacturing Applications Companies to Hold Joint Investor Call to Discuss Transaction Today, Wednesday, July 3rd at 8:30 AM ET Nano Dimension Ltd. (NASDAQ:NNDM) ("Nano Dimension" or "Nano") and Desktop Metal, Inc. (NYSE:DM) ("Desktop Metal") today jointly announced that they have entered into a definitive