Matterport (MTTR) Stock Price, News & Analysis

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

5 Wall Street analysts have issued twelve-month price objectives for Matterport's shares. Their MTTR share price targets range from $3.00 to $4.00. On average, they anticipate the company's share price to reach $3.40 in the next twelve months. This suggests a possible upside of 91.0% from the stock's current price.
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Matterport's stock was trading at $2.69 at the beginning of 2024. Since then, MTTR shares have decreased by 33.8% and is now trading at $1.78.
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Matterport saw a increase in short interest in March. As of March 31st, there was short interest totaling 8,910,000 shares, an increase of 24.4% from the March 15th total of 7,160,000 shares. Based on an average daily volume of 2,520,000 shares, the short-interest ratio is presently 3.5 days. Currently, 3.3% of the shares of the stock are short sold.
View Matterport's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MTTR earnings forecast.

Matterport, Inc. (NASDAQ:MTTR) released its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.14) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.14). The firm had revenue of $39.55 million for the quarter, compared to analysts' expectations of $40.11 million. Matterport had a negative net margin of 126.20% and a negative trailing twelve-month return on equity of 36.35%.

ETFs with the largest weight of Matterport (NASDAQ:MTTR) stock in their portfolio include Global X PropTech ETF (PTEC), Fidelity Metaverse ETF (FMET), SPDR S&P Software & Services ETF (XSW), ProShares Metaverse ETF (VERS), Global X Metaverse ETF (VR) and Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR),

Matterport updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share guidance of -0.040--0.020 for the period, compared to the consensus EPS estimate of -0.030. The company issued revenue guidance of $39.0 million-$41.0 million, compared to the consensus revenue estimate of $41.2 million.

Matterport's stock is owned by many different institutional and retail investors. Top institutional shareholders include IMC Chicago LLC (0.07%) and 180 Wealth Advisors LLC (0.01%). Insiders that own company stock include James Daniel Fay, Japjit Tulsi, Jason Krikorian, Jay Remley, Matthew Zinn, Peter Hebert, Peter Presunka and Raymond J Pittman.
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Shares of MTTR 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.
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