Should I buy or sell Matterport stock right now?

5 Wall Street equities research 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 equities 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 .

What is Matterport's stock price target for 2024?

5 Wall Street analysts have issued 1-year price targets for Matterport's shares. Their MTTR share price targets range from $3.00 to $4.00. On average, they predict the company's stock price to reach $3.40 in the next twelve months. This suggests a possible upside of 95.4% from the stock's current price. 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 on January 1st, 2024. Since then, MTTR shares have decreased by 35.3% and is now trading at $1.74. 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 daily trading volume, of 2,520,000 shares, the short-interest ratio is presently 3.5 days. Approximately 3.3% of the shares of the stock are short sold. View Matterport's Short Interest .

When is Matterport's next earnings date?

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

How were Matterport's earnings last quarter?

Matterport, Inc. (NASDAQ:MTTR) issued its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.14) EPS for the quarter, meeting the consensus estimate of ($0.14). The firm earned $39.55 million during the quarter, compared to analyst estimates 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?

ETFs with the largest weight of Matterport (NASDAQ:MTTR) stock in their portfolio include Playtech (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) ,

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

Matterport issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided 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 many different institutional and retail investors. Top institutional shareholders 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 .

NASDAQ:MTTR

Matterport (MTTR) Stock Price, News & Analysis

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$1.74

-0.01 (-0.57%)

(As of 04/19/2024 ET)

Compare

Today's Range: $1.73
▼
$1.78
50-Day Range: $1.75
▼
$2.54
52-Week Range: $1.73
▼
$3.78

Volume: 1.82 million shs
Average Volume: 2.48 million shs
Market Capitalization: $540.98 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $3.40

Get Matterport alerts:

Matterport MarketRank™ Stock Analysis

Analyst Rating: Hold
2.20 Rating Score
Upside/Downside: 95.4% Upside
$3.40 Price Target
Short Interest: Healthy
3.34% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.13
Based on 12 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.

2.20 out of 5 stars

Business Services Sector

199th out of 305 stocks

Prepackaged Software Industry

148th out of 197 stocks

3.1

Analyst's Opinion

Consensus Rating
Matterport has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Matterport has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.34% of the float of Matterport has been sold short.
Short Interest Ratio / Days to Cover
Matterport has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Matterport has recently increased by 24.44%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Matterport does not currently pay a dividend.
Dividend Growth
Matterport 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 MTTR.

3.4

News and Social Media Coverage

News Sentiment
Matterport has a news sentiment score of 1.13. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for Matterport this week, compared to 3 articles on an average week.
Search Interest
Only 11 people have searched for MTTR on MarketBeat in the last 30 days. This is a decrease of -39% compared to the previous 30 days.
MarketBeat Follows
21 people have added Matterport to their MarketBeat watchlist in the last 30 days. This is an increase of 425% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Matterport insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $884,072.00 in company stock.
Percentage Held by Insiders
16.10% of the stock of Matterport is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 36.96% of the stock of Matterport is held by institutions.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Matterport are expected to grow in the coming year, from ($0.45) to ($0.24) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Matterport is -2.64, 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 Matterport is -2.64, 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
Matterport has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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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

30 days | 90 days | 365 days | Advanced Chart

MTTR Stock News Headlines

April 3, 2024 | insidertrades.com

Matterport, Inc. (NASDAQ:MTTR) CFO Sells $56,250.00 in Stock

April 19, 2024 | globenewswire.com

Matterport to Announce First Quarter 2024 Results on May 6, 2024

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 19, 2024 | investorplace.com

3 Metaverse Stocks to Buy Now: Q2 Edition

April 18, 2024 | investorplace.com

3 Metaverse Stocks to Turn $200K Into $1 Million: April 2024

April 16, 2024 | globenewswire.com

Crunch Fitness Partners with Matterport to Offer Advanced Photography Services to its Franchisees

April 15, 2024 | americanbankingnews.com

Matterport, Inc. (NASDAQ:MTTR) to Post Q1 2024 Earnings of ($0.13) Per Share, Northland Capmk Forecasts

April 13, 2024 | americanbankingnews.com

Northland Securities Initiates Coverage on Matterport (NASDAQ:MTTR)

April 19, 2024 | Behind the Markets (Ad)

Tiny Biotech Stock Wins $75 Billion Patent

April 13, 2024 | americanbankingnews.com

Matterport (NASDAQ:MTTR) Shares Gap Up to $1.90

April 2, 2024 | globenewswire.com

Matterport Surpasses One Million Subscribers, Extending Its Industry Leadership in Digital Twin Technology with Compelling SaaS Growth

March 30, 2024 | fool.com

1 Artificial Intelligence Stock You Don't Want to Overlook

March 28, 2024 | fool.com

Matterport's CEO Says This Is How It Has Managed to Create a Product That Outshines the Competition

March 26, 2024 | finance.yahoo.com

Kikkoman Leverages Matterport's Digital Twin Platform To Digitize Historic Soy Sauce Production Line

March 23, 2024 | investorplace.com

3 Stocks That Could Be the Next Big Thing in Virtual Reality

March 19, 2024 | finance.yahoo.com

Matterport 3D Digital Twins Power Asia’s Largest Virtual Art Exhibition Platform, ARTOGO

March 19, 2024 | globenewswire.com

Matterport 3D Digital Twins Power Asia's Largest Virtual Art Exhibition Platform, ARTOGO

March 12, 2024 | globenewswire.com

Matterport Partners with Resi, the UK's Top Home Extension Company, to Revolutionize Home Extension Surveys with Matterport's Pro3 and Digital Twin Technology

March 10, 2024 | investorplace.com

3 Virtual Reality Stocks to Buy for Real Life Riches

March 6, 2024 | globenewswire.com

Matterport and KnowHow Partner to Accelerate Worker Training and Onboarding for Digital Twin Solutions in the Restoration Sector

March 5, 2024 | seekingalpha.com

Matterport: Rating Upgrade As The Growth Outlook Becomes More Promising

March 5, 2024 | globenewswire.com

Matterport Introduces an All-in-One Carry Case for the Pro3 Camera, Enhancing Supply Chain Sustainability and Offering More Convenience and Portability For Customers

February 28, 2024 | investorplace.com

7 Starter Under-$5 Stocks Every New Investor Should Own

February 27, 2024 | globenewswire.com

Matterport Chairman and CEO RJ Pittman Named Inman 2024 Power Player Underscoring The Transformative Impact Of Digital Twins On Real Estate

February 23, 2024 | finance.yahoo.com

Earnings Release: Here's Why Analysts Cut Their Matterport, Inc. (NASDAQ:MTTR) Price Target To US$3.75

February 22, 2024 | ca.finance.yahoo.com

MTTR Mar 2024 3.500 put

February 22, 2024 | globenewswire.com

Matterport to Participate in Upcoming Investor Events

See More Headlines

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Company Calendar

Last Earnings: 2/20/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Prepackaged software
Sub-Industry: N/A
Current Symbol: NASDAQ:MTTR
CUSIP: N/A
CIK: 1819394
Web: matterport.com
Phone: 650-641-2241
Fax: N/A
Employees: 438
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $3.40
High Stock Price Target: $4.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +94.2%
Consensus Rating: Hold
Rating Score (0-4): 2.20
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.66)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-199,080,000.00
Net Margins: -126.20%
Pretax Margin: -126.08%
Return on Equity: -36.35%
Return on Assets: -33.31%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 9.56
Quick Ratio: 9.35

Sales & Book Value

Annual Sales: $157.75 million
Price / Sales: 3.45
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.73 per share
Price / Book: 1.01

Miscellaneous

Outstanding Shares: 310,910,000
Free Float: 260,851,000
Market Cap: $544.25 million
Optionable: Optionable
Beta: 1.73

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Key Executives

Mr. 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

MTTR Stock Analysis - Frequently Asked Questions

Should I buy or sell Matterport stock right now?: 5 Wall Street equities research 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 equities 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.
What is Matterport's stock price target for 2024?: 5 Wall Street analysts have issued 1-year price targets for Matterport's shares. Their MTTR share price targets range from $3.00 to $4.00. On average, they predict the company's stock price to reach $3.40 in the next twelve months. This suggests a possible upside of 95.4% from the stock's current price.
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 on January 1st, 2024. Since then, MTTR shares have decreased by 35.3% and is now trading at $1.74.
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 daily trading volume, of 2,520,000 shares, the short-interest ratio is presently 3.5 days. Approximately 3.3% of the shares of the stock are short sold.
View Matterport's Short Interest.
When is Matterport's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our MTTR earnings forecast.
How were Matterport's earnings last quarter?: Matterport, Inc. (NASDAQ:MTTR) issued its quarterly earnings data on Tuesday, February, 20th. The company reported ($0.14) EPS for the quarter, meeting the consensus estimate of ($0.14). The firm earned $39.55 million during the quarter, compared to analyst estimates 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?: ETFs with the largest weight of Matterport (NASDAQ:MTTR) stock in their portfolio include Playtech (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),
What guidance has Matterport issued on next quarter's earnings?: Matterport issued an update on its first quarter 2024 earnings guidance on Tuesday, February, 20th. The company provided 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 many different institutional and retail investors. Top institutional shareholders 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 4/19/2024 by MarketBeat.com Staff

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Matterport (MTTR) Stock Price, News & Analysis

Matterport MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Matterport Stock (NASDAQ:MTTR)

MTTR Stock Price History

MTTR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

MTTR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™