Should I buy or sell Markforged stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markforged in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MKFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKFG, but not buy additional shares or sell existing shares. View MKFG analyst ratings or view top-rated stocks .

What is Markforged's stock price target for 2024?

4 brokerages have issued 12 month price objectives for Markforged's shares. Their MKFG share price targets range from $1.00 to $1.70. On average, they predict the company's share price to reach $1.38 in the next year. This suggests a possible upside of 119.0% from the stock's current price. View analysts price targets for MKFG or view top-rated stocks among Wall Street analysts .

How have MKFG shares performed in 2024?

Markforged's stock was trading at $0.82 at the start of the year. Since then, MKFG shares have decreased by 23.0% and is now trading at $0.6318. View the best growth stocks for 2024 here .

When is Markforged's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024. View our MKFG earnings forecast .

How were Markforged's earnings last quarter?

Markforged Holding Co. (NYSE:MKFG) released its quarterly earnings results on Thursday, March, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.01. The firm earned $24.17 million during the quarter, compared to the consensus estimate of $20.95 million. Markforged had a negative trailing twelve-month return on equity of 25.97% and a negative net margin of 110.43%. During the same quarter in the previous year, the business earned ($0.06) earnings per share.

What ETFs hold Markforged's stock?

ETFs with the largest weight of Markforged (NYSE:MKFG) stock in their portfolio include 3D Printing ETF (PRNT) and ARK Autonomous Technology & Robotics ETF (ARKQ) . ARK Space Exploration & Innovation ETF (ARKX) .

What guidance has Markforged issued on next quarter's earnings?

Markforged issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of -0.220--0.190 for the period, compared to the consensus estimate of -0.210. The company issued revenue guidance of $95.0 million-$105.0 million, compared to the consensus revenue estimate of $95.2 million.

Who are Markforged's major shareholders?

Markforged's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (3.46%) and Wasatch Advisors LP (1.48%). Insiders that own company stock include Assaf Zipori, David Benhaim , Gregory Mark , Shai Terem and Stephen Karp . View institutional ownership trends .

How do I buy shares of Markforged?

Shares of MKFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:MKFG

Markforged (MKFG) Stock Price, News & Analysis

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$0.69

+0.10 (+17.21%)

(As of 03:52 PM ET)

Compare

Today's Range: $0.59
▼
$0.73
50-Day Range: $0.52
▼
$0.86
52-Week Range: $0.50
▼
$2.30

Volume: 901,930 shs
Average Volume: 347,249 shs
Market Capitalization: $136.59 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.38

Get Markforged alerts:

Markforged MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 119.0% Upside
$1.38 Price Target
Short Interest: Healthy
2.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.00
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.20) to ($0.18) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.05 out of 5 stars

Industrial Products Sector

129th out of 167 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

12th out of 14 stocks

3.1

Analyst's Opinion

Consensus Rating
Markforged has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Markforged has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.79% of the float of Markforged has been sold short.
Short Interest Ratio / Days to Cover
Markforged has a short interest ratio ("days to cover") of 9.8.
Change versus previous month
Short interest in Markforged has recently decreased by 1.86%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Markforged does not currently pay a dividend.
Dividend Growth
Markforged does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MKFG.

0.0

News and Social Media Coverage

News Coverage This Week
MarketBeat has tracked 3 news articles for Markforged this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for MKFG on MarketBeat in the last 30 days. This is a decrease of -81% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Markforged to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Markforged insiders have not sold or bought any company stock.
Percentage Held by Insiders
43.50% of the stock of Markforged is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
87.30% of the stock of Markforged is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Markforged are expected to grow in the coming year, from ($0.20) to ($0.18) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Markforged is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Markforged is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Markforged has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Markforged Stock (NYSE:MKFG)

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, food and beverage, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

MKFG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MKFG Stock News Headlines

April 16, 2024 | bizjournals.com

Markforged stock drops after court ruling in patent lawsuit

April 15, 2024 | finance.yahoo.com

Favourable Signals For Markforged Holding: Numerous Insiders Acquired Stock

April 19, 2024 | Paradigm Press (Ad)

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April 12, 2024 | businesswire.com

Markforged Announces Jury Verdict in Patent Case

March 16, 2024 | finance.yahoo.com

MKFG Apr 2024 2.500 call

March 11, 2024 | uk.finance.yahoo.com

US$1.32: That's What Analysts Think Markforged Holding Corporation (NYSE:MKFG) Is Worth After Its Latest Results

March 9, 2024 | seekingalpha.com

Markforged Holding Corporation (MKFG) Q4 2023 Earnings Call Transcript

March 8, 2024 | msn.com

Markforged Holding Corporation (NYSE:MKFG) Q4 2023 Earnings Call Transcript

April 19, 2024 | Paradigm Press (Ad)

Forget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THIS

March 8, 2024 | finance.yahoo.com

Markforged Holding Corp (MKFG) Faces Revenue Decline Amidst Strong Cost Management in Q4 and ...

March 8, 2024 | investorplace.com

MKFG Stock Earnings: Markforged Holding Beats EPS, Beats Revenue for Q4 2023

March 7, 2024 | businesswire.com

Markforged Announces Fourth Quarter and Full-Year 2023 Results

March 1, 2024 | finance.yahoo.com

We're Keeping An Eye On Markforged Holding's (NYSE:MKFG) Cash Burn Rate

February 28, 2024 | msn.com

Cantor Fitzgerald Initiates Coverage of Markforged Holding (MKFG) with Overweight Recommendation

February 27, 2024 | markets.businessinsider.com

Buy Rating on Markforged: Innovative Product Synergy and Market Positioning Drive Growth and Investment Upside

February 20, 2024 | finance.yahoo.com

Markforged Sets Reporting Date for Fourth Quarter 2023 Financial Results

February 20, 2024 | businesswire.com

Markforged Sets Reporting Date for Fourth Quarter 2023 Financial Results

February 13, 2024 | morningstar.com

Markforged Holding Corp MKFG

January 31, 2024 | au.news.yahoo.com

Tory MP Says He Quit £120,000 Ministerial Job As Couldn't Afford Mortgage Hike

January 28, 2024 | finance.yahoo.com

Markforged Holding Corporation's (NYSE:MKFG) market cap dropped US$21m last week; individual investors who hold 37% were hit as were institutions

December 18, 2023 | finance.yahoo.com

Revenues Not Telling The Story For Markforged Holding Corporation (NYSE:MKFG)

November 15, 2023 | markets.businessinsider.com

Lake Street Keeps Their Buy Rating on Markforged Holding (MKFG)

November 15, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Hold Rating on Markforged Holding (MKFG)

November 14, 2023 | bizjournals.com

Markforged cuts 10% of workforce, citing 'macroeconomic headwinds'

November 14, 2023 | finance.yahoo.com

Markforged Holding Corporation (NYSE:MKFG) Q3 2023 Earnings Call Transcript

November 13, 2023 | finance.yahoo.com

Markforged Holding Corp (MKFG) Faces Macroeconomic Headwinds in Q3 2023 Earnings

November 13, 2023 | finance.yahoo.com

Markforged Announces Third Quarter 2023 Results

See More Headlines

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Company Calendar

Last Earnings: 3/07/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/09/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Industrial Products
Industry: Computer peripheral equipment, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:MKFG
CUSIP: N/A
CIK: 1816613
Web: www.a-star.co
Phone: 866-496-1805
Fax: N/A
Employees: 351
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.38
High Stock Price Target: $1.70
Low Stock Price Target: $1.00
Potential Upside/Downside: +130.6%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.53)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-103,570,000.00
Net Margins: -110.43%
Pretax Margin: -111.06%
Return on Equity: -25.97%
Return on Assets: -18.01%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 4.23
Quick Ratio: 3.58

Sales & Book Value

Annual Sales: $93.78 million
Price / Sales: 1.28
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.81 per share
Price / Book: 0.74

Miscellaneous

Outstanding Shares: 199,350,000
Free Float: 112,633,000
Market Cap: $119.61 million
Optionable: Optionable
Beta: 1.52

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Key Executives

Mr. Shai Terem (Age 46)
President, CEO & Director
Comp: $842.2k
Mr. Stephen Karp (Age 49)
General Counsel & Secretary
Comp: $368.7k
Mr. Assaf Zipori (Age 49)
CFO and Senior VP of Strategy & Corporate Development
Comp: $351k
Ms. Kara Weiner
Senior Vice President of Operations
Mr. Austin Richard Bohlig
Director of Investor Relations
Ms. Paulina Bucko
Head of Communications
Mr. Andrew Hally
Chief Marketing Officer
Ms. Dorit Liberman (Age 53)
Chief Human Resources Officer
Mr. John Howard
Senior Vice President of Engineering

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MKFG Stock Analysis - Frequently Asked Questions

Should I buy or sell Markforged stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markforged in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MKFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKFG, but not buy additional shares or sell existing shares.
View MKFG analyst ratings or view top-rated stocks.
What is Markforged's stock price target for 2024?: 4 brokerages have issued 12 month price objectives for Markforged's shares. Their MKFG share price targets range from $1.00 to $1.70. On average, they predict the company's share price to reach $1.38 in the next year. This suggests a possible upside of 119.0% from the stock's current price.
View analysts price targets for MKFG or view top-rated stocks among Wall Street analysts.
How have MKFG shares performed in 2024?: Markforged's stock was trading at $0.82 at the start of the year. Since then, MKFG shares have decreased by 23.0% and is now trading at $0.6318.
View the best growth stocks for 2024 here.
When is Markforged's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our MKFG earnings forecast.
How were Markforged's earnings last quarter?: Markforged Holding Co. (NYSE:MKFG) released its quarterly earnings results on Thursday, March, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.07) by $0.01. The firm earned $24.17 million during the quarter, compared to the consensus estimate of $20.95 million. Markforged had a negative trailing twelve-month return on equity of 25.97% and a negative net margin of 110.43%. During the same quarter in the previous year, the business earned ($0.06) earnings per share.

What ETFs hold Markforged's stock?: ETFs with the largest weight of Markforged (NYSE:MKFG) stock in their portfolio include 3D Printing ETF (PRNT) and ARK Autonomous Technology & Robotics ETF (ARKQ).ARK Space Exploration & Innovation ETF (ARKX).
What guidance has Markforged issued on next quarter's earnings?: Markforged issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided earnings per share (EPS) guidance of -0.220--0.190 for the period, compared to the consensus estimate of -0.210. The company issued revenue guidance of $95.0 million-$105.0 million, compared to the consensus revenue estimate of $95.2 million.
Who are Markforged's major shareholders?: Markforged's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Sumitomo Mitsui Trust Holdings Inc. (3.46%) and Wasatch Advisors LP (1.48%). Insiders that own company stock include Assaf Zipori, David Benhaim, Gregory Mark, Shai Terem and Stephen Karp.
View institutional ownership trends.
How do I buy shares of Markforged?: Shares of MKFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MKFG) was last updated on 4/19/2024 by MarketBeat.com Staff

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