NASDAQ:MTTR

Matterport (MTTR) Stock Price, News & Analysis

$4.80
+3.06 (+175.86%)
(As of 04/22/2024 ET)
Today's Range
$3.95
$4.99
50-Day Range
$1.74
$4.80
52-Week Range
$1.73
$4.99
Volume
72.09 million shs
Average Volume
2.45 million shs
Market Capitalization
$1.49 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$3.40

Matterport MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
18.8% Downside
$3.90 Price Target
Short Interest
Healthy
3.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.71mentions of Matterport in the last 14 days
Based on 25 Articles This Week
Insider Trading
Selling Shares
$884,072 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.45) to ($0.24) 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.

0.52 out of 5 stars

Business Services Sector

289th out of 304 stocks

Prepackaged Software Industry

192nd out of 201 stocks

MTTR stock logo

About Matterport Stock (NASDAQ:MTTR)

Matterport, Inc., a spatial data company, focuses on digitization and datafication in the United States and internationally. The company offers Matterport Capture Services, a fully managed solution for enterprise subscribers; Matterport Pro3, a 3D camera that scans properties; Matterport Pro2, a 3D camera that captures spaces; LEICA BLK360, a device to create digital twins; Smartphone Capture, a smartphone capture solution for both iOS and Android; and 360 Cameras. It also provides Matterport Axis, a motor-mount accessory for smartphone. The company serves its products in residential and commercial real estate, facilities management and retail, AEC, insurance and repair, and travel and hospitality markets. Matterport, Inc. is headquartered in Sunnyvale, California.

MTTR Stock Price History

MTTR Stock News Headlines

Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Don’t Miss Out on the AI Gold Rush That’s Just Getting Started
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
Why Is Matterport (MTTR) Stock Up 175% Today?
CoStar to acquire spatial data firm Matterport for $1.6B
Matterport (NASDAQ:MTTR) Hits New 12-Month Low at $1.73
3 Metaverse Stocks to Buy Now: Q2 Edition
Matterport (NASDAQ:MTTR) Shares Gap Up to $1.90
See More Headlines
Receive MTTR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Matterport and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/20/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:MTTR
Fax
N/A
Employees
438
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.90
High Stock Price Target
$5.50
Low Stock Price Target
$3.00
Potential Upside/Downside
-29.2%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

Net Income
$-199,080,000.00
Net Margins
-126.20%
Pretax Margin
-126.08%

Debt

Sales & Book Value

Annual Sales
$157.75 million
Book Value
$1.73 per share

Miscellaneous

Free Float
260,851,000
Market Cap
$1.49 billion
Optionable
Optionable
Beta
1.73
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Key Executives

  • Mr. Raymond J. PittmanMr. Raymond J. Pittman (Age 54)
    Chairman & CEO
    Comp: $496.91k
  • Mr. James Daniel Fay (Age 51)
    Chief Financial Officer
    Comp: $482.02k
  • Mr. Peter Presunka (Age 65)
    Chief Accounting Officer
    Comp: $329.66k
  • Mr. Matthew P. Zinn (Age 59)
    Chief Legal Officer & Corporate Secretary
    Comp: $26.4k
  • Mr. Jay Remley (Age 53)
    Chief Revenue Officer
    Comp: $548.7k
  • Mr. David Gausebeck (Age 46)
    Co-Founder & Chief Scientist
  • Vinatha Kutagula
    Chief Customer Operations Officer
  • Mr. Japjit Tulsi (Age 47)
    Chief Technology Officer
    Comp: $452.18k
  • Mr. Pranab Sinha
    Chief Information Officer
  • Mr. Michael J. Knapp
    VP & Head of Investor Relations

MTTR Stock Analysis - Frequently Asked Questions

Should I buy or sell Matterport stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last twelve months. There are currently 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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.

What is Matterport's stock price target for 2024?

5 analysts have issued 12-month price targets for Matterport's stock. Their MTTR share price targets range from $3.00 to $5.50. On average, they expect the company's share price to reach $3.90 in the next twelve months. This suggests that the stock has a possible downside of 18.8%.
View analysts price targets for MTTR
or view top-rated stocks among Wall Street analysts.

How have MTTR shares performed in 2024?

Matterport's stock was trading at $2.69 at the beginning of 2024. Since then, MTTR shares have increased by 78.4% and is now trading at $4.80.
View the best growth stocks for 2024 here
.

Are investors shorting Matterport?

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 trading volume of 2,520,000 shares, the short-interest ratio is currently 3.5 days. Approximately 3.3% of the company's stock are sold short.
View Matterport's Short Interest
.

When is Matterport's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our MTTR earnings forecast
.

How can I listen to Matterport's earnings call?

Matterport will be holding an earnings conference call on Monday, May 6th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Matterport's earnings last quarter?

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

What ETFs hold Matterport's stock?
What guidance has Matterport issued on next quarter's earnings?

Matterport updated its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided earnings per share (EPS) guidance of -0.040--0.020 for the period, compared to the consensus earnings per share 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.

Who are Matterport's major shareholders?

Matterport's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.07%), First Trust Direct Indexing L.P. (0.01%) 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.
View institutional ownership trends
.

How do I buy shares of Matterport?

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.
Compare Top Brokerages Here.

This page (NASDAQ:MTTR) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners