Should I buy or sell Matterport stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Matterport in the last twelve months. There are currently 6 hold ratings 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 .

What is Matterport's stock price target for 2024?

6 Wall Street research analysts have issued 12 month price objectives for Matterport's stock. Their MTTR share price targets range from $3.00 to $5.50. On average, they anticipate the company's stock price to reach $4.50 in the next year. This suggests that the stock has a possible downside of 0.9%. 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 stock has increased by 68.8% and is now trading at $4.54. View the best growth stocks for 2024 here .

Are investors shorting Matterport?

Matterport saw a increase in short interest in the month of 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 days-to-cover ratio is presently 3.5 days. Approximately 3.3% of the company's shares 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) posted its quarterly earnings results on Tuesday, February, 20th. The company reported ($0.14) earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of ($0.14). The company earned $39.55 million during 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%.

What ETFs hold Matterport's stock?

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

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 earnings per share 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 retail and institutional investors. Top institutional investors include GSA Capital Partners LLP (0.12%), Commonwealth Equity Services LLC (0.09%), IMC Chicago LLC (0.07%), SpiderRock Advisors LLC (0.04%), Simplex Trading LLC (0.00%) and Mirae Asset Global Investments Co. Ltd. (0.02%). 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

→ Have You Seen Elon’s New A.I. Device? (Picture Inside) (From InvestorPlace) (Ad)

Free MTTR Stock Alerts

$4.54

+0.03 (+0.67%)

(As of 05/3/2024 ET)

Compare

Today's Range: $4.51
▼
$4.65
50-Day Range: $1.74
▼
$4.80
52-Week Range: $1.73
▼
$4.99

Volume: 3.07 million shs
Average Volume: 8.11 million shs
Market Capitalization: $1.43 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.50

Get Matterport alerts:

Matterport MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 0.9% Downside
$4.50 Price Target
Short Interest: Healthy
3.38% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 7 Articles This Week
Insider Trading: Selling Shares
$942,572 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.

0.30 out of 5 stars

Business Services Sector

1849th out of 1,878 stocks

Prepackaged Software Industry

1195th out of 1,230 stocks

1.0

Analyst's Opinion

Consensus Rating
Matterport has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Matterport has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.38% 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 2.1, 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 0.79%, indicating that investor sentiment is decreasing.

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.

1.8

News and Social Media Coverage

News Sentiment
Matterport has a news sentiment score of 0.29. 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 lower news sentiment than the 0.39 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Matterport this week, compared to 4 articles on an average week.
Search Interest
Only 15 people have searched for MTTR on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
MarketBeat Follows
Only 9 people have added Matterport to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 $942,572.00 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 -6.88, 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 -6.88, 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 2.62. 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

Ad Colonial Metals

The Gold Grab of the Century

When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.

That's why we have released our Free Precious Metals Investment Guide.

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

May 3, 2024 | insidertrades.com

Insider Selling: Matterport, Inc. (NASDAQ:MTTR) CFO Sells 25,000 Shares of Stock

May 4, 2024 | americanbankingnews.com

James Daniel Fay Sells 25,000 Shares of Matterport, Inc. (NASDAQ:MTTR) Stock

May 4, 2024 | Stansberry Research (Ad)

Gold Mania

Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).

May 4, 2024 | americanbankingnews.com

Matterport (MTTR) Scheduled to Post Quarterly Earnings on Monday

May 2, 2024 | finance.yahoo.com

Insider Sale: CFO James Fay Sells 25,000 Shares of Matterport Inc (MTTR)

April 26, 2024 | prnewswire.com

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Announces An Investigation of Matterport, Inc. - MTTR

April 26, 2024 | fool.com

Why Matterport Stock Jumped 175.3% This Week

April 26, 2024 | globenewswire.com

Matterport Cancels First Quarter 2024 Conference Call Following Definitive Agreement to be Acquired by CoStar Group

May 4, 2024 | Stansberry Research (Ad)

Gold Mania

April 26, 2024 | americanbankingnews.com

Matterport, Inc. (NASDAQ:MTTR) Receives $4.17 Consensus Price Target from Analysts