Xometry (NASDAQ:XMTR) Trading Down 7.3% on Analyst Downgrade

Xometry, Inc. (NASDAQ:XMTR) dropped 7.3% during mid-day trading on Wednesday after Citigroup lowered their price target on the stock from $75.00 to $65.00. Citigroup currently has a buy rating on the stock. Xometry traded as low as $41.11 and last traded at $41.1910. Approximately 1,420,279 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 1,031,297 shares. The stock had previously closed at $44.44.

A number of other equities research analysts have also issued reports on the company. The Goldman Sachs Group increased their target price on Xometry from $49.00 to $56.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Cantor Fitzgerald upped their price target on Xometry from $41.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. JPMorgan Chase & Co. increased their price objective on shares of Xometry from $55.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Zacks Research cut shares of Xometry from a “hold” rating to a “strong sell” rating in a research report on Friday, January 30th. Finally, Royal Bank Of Canada decreased their target price on shares of Xometry from $64.00 to $55.00 and set a “sector perform” rating for the company in a research note on Wednesday. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $62.00.

Insider Buying and Selling at Xometry

In related news, insider Subir Dutt sold 2,500 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $70.00, for a total value of $175,000.00. Following the sale, the insider directly owned 64,919 shares of the company’s stock, valued at $4,544,330. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO James Miln sold 599 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $58.98, for a total transaction of $35,329.02. Following the completion of the sale, the chief financial officer directly owned 133,798 shares of the company’s stock, valued at $7,891,406.04. The trade was a 0.45% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 63,861 shares of company stock valued at $4,213,697. Corporate insiders own 9.66% of the company’s stock.

Key Stories Impacting Xometry

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: Record revenue and top-line beat: Xometry reported Q4 revenue of ~$192.4M (+29.5% YoY) and revenue outpaced consensus, with management highlighting marketplace and enterprise growth. This is a clear growth signal for investors. Press Release
• Positive Sentiment: Revenue guidance slightly above Street: Xometry gave Q1 revenue guidance of $187–$189M (vs. consensus ~$184.6M) and outlined at least 21% revenue growth for 2026, supporting the growth narrative. Guidance & Growth
• Neutral Sentiment: CEO succession announced — management transition is underway; company framed this alongside growth plans, but leadership changes can create short-term uncertainty until successor execution is clear. CEO Succession
• Neutral Sentiment: Earnings materials available: Slides, press release and conference materials highlight record marketplace expansion and strategic wins — useful for modeling revenue mix and margin cadence. Earnings Presentation
• Negative Sentiment: Multiple analysts trimmed price targets (Wedbush $70→$60, RBC $64→$55, Citi $75→$65) even as most kept positive/sector ratings — lower targets put downward pressure on the stock. Analyst Moves (Benzinga) TickerReport
• Negative Sentiment: Conflicting EPS reporting: company releases and some outlets report an EPS beat (reported $0.16 vs. $0.12 est.), but alternative transcripts/coverage referenced a different EPS metric (showing a miss), creating investor confusion on profitability/GAAP vs. non‑GAAP reconciliation. That uncertainty can amplify downside moves. Earnings Beat (Zacks) Alternate Transcript

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Hood River Capital Management LLC grew its stake in Xometry by 29.7% during the 2nd quarter. Hood River Capital Management LLC now owns 404,853 shares of the company’s stock worth $13,680,000 after buying an additional 92,741 shares during the last quarter. Peregrine Investment Management Inc. bought a new stake in Xometry in the third quarter valued at $4,358,000. Squarepoint Ops LLC boosted its holdings in shares of Xometry by 33.9% during the second quarter. Squarepoint Ops LLC now owns 183,799 shares of the company’s stock valued at $6,211,000 after acquiring an additional 46,502 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Xometry by 246.4% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 132,038 shares of the company’s stock valued at $7,192,000 after acquiring an additional 93,917 shares during the period. Finally, Zweig DiMenna Associates LLC bought a new position in shares of Xometry during the second quarter worth about $1,605,000. Institutional investors and hedge funds own 97.31% of the company’s stock.

Xometry Stock Down 5.9%

The company has a quick ratio of 3.58, a current ratio of 3.62 and a debt-to-equity ratio of 1.20. The firm’s 50-day moving average price is $61.34 and its 200 day moving average price is $56.11. The firm has a market cap of $2.14 billion, a P/E ratio of -34.28 and a beta of 0.86.

Xometry (NASDAQ:XMTR) last posted its earnings results on Tuesday, February 24th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04. Xometry had a negative net margin of 8.99% and a negative return on equity of 5.45%. The firm had revenue of $192.40 million during the quarter, compared to analysts’ expectations of $183.37 million. During the same quarter in the prior year, the firm earned $0.06 EPS. Xometry’s quarterly revenue was up 29.5% on a year-over-year basis. As a group, research analysts expect that Xometry, Inc. will post -0.66 earnings per share for the current year.

Xometry Company Profile

Xometry, Inc (NASDAQ: XMTR) operates a technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes. Through its proprietary Instant Quoting Engine and Xometry Platform, the company streamlines sourcing for CNC machining, 3D printing, sheet metal fabrication, injection molding, urethane casting and other custom manufacturing services. By aggregating a network of thousands of vetted suppliers, Xometry offers rapid lead times, transparent pricing and real-time order tracking to customers in sectors ranging from automotive and aerospace to medical devices and industrial equipment.

Since its founding in 2013 and headquarters in Rockville, Maryland, Xometry has expanded its geographic reach to serve customers in North America, Europe and beyond.