Citigroup Lowers Xometry (NASDAQ:XMTR) Price Target to $65.00

Xometry (NASDAQ:XMTR) had its target price dropped by investment analysts at Citigroup from $75.00 to $65.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s price objective indicates a potential upside of 43.61% from the company’s previous close.

XMTR has been the subject of a number of other reports. William Blair reissued an “outperform” rating on shares of Xometry in a report on Tuesday. Weiss Ratings reissued a “sell (e+)” rating on shares of Xometry in a report on Wednesday, January 21st. Cantor Fitzgerald boosted their price target on shares of Xometry from $41.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Citizens Jmp set a $75.00 price objective on shares of Xometry in a research note on Wednesday, November 5th. Finally, JPMorgan Chase & Co. lifted their target price on shares of Xometry from $55.00 to $70.00 and gave the company an “overweight” rating in a research note on Wednesday, November 5th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $62.00.

Xometry Stock Up 8.2%

NASDAQ XMTR opened at $45.26 on Wednesday. Xometry has a 1-year low of $18.59 and a 1-year high of $73.87. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of -37.10 and a beta of 0.86. The stock’s 50 day moving average is $61.06 and its two-hundred day moving average is $56.04. The company has a current ratio of 3.76, a quick ratio of 3.58 and a debt-to-equity ratio of 1.18.

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. The business had revenue of $192.40 million during the quarter, compared to the consensus estimate of $183.37 million. Xometry had a negative return on equity of 5.49% and a negative net margin of 8.99%.Xometry’s revenue was up 29.5% on a year-over-year basis. During the same quarter last year, the company earned $0.06 EPS. Equities analysts forecast that Xometry will post -0.66 earnings per share for the current fiscal year.

Insider Activity at Xometry

In other Xometry news, President Sanjeev Singh Sahni sold 9,978 shares of Xometry stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $43.45, for a total transaction of $433,544.10. Following the completion of the sale, the president owned 113,022 shares of the company’s stock, valued at approximately $4,910,805.90. The trade was a 8.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Randolph Altschuler sold 31,928 shares of the company’s stock in a transaction on Thursday, February 26th. The shares were sold at an average price of $43.44, for a total transaction of $1,386,952.32. Following the sale, the chief executive officer owned 372,377 shares of the company’s stock, valued at $16,176,056.88. The trade was a 7.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 127,852 shares of company stock worth $6,993,940 over the last 90 days. Insiders own 9.66% of the company’s stock.

Institutional Investors Weigh In On Xometry

A number of institutional investors have recently made changes to their positions in the stock. Hood River Capital Management LLC grew its stake in Xometry by 29.7% in the second quarter. Hood River Capital Management LLC now owns 404,853 shares of the company’s stock valued at $13,680,000 after acquiring an additional 92,741 shares during the period. Peregrine Investment Management Inc. bought a new position in shares of Xometry during the 3rd quarter valued at about $4,358,000. Squarepoint Ops LLC grew its position in shares of Xometry by 33.9% in the 2nd quarter. Squarepoint Ops LLC now owns 183,799 shares of the company’s stock valued at $6,211,000 after purchasing an additional 46,502 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Xometry by 246.4% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 132,038 shares of the company’s stock valued at $7,192,000 after purchasing an additional 93,917 shares during the period. Finally, Zweig DiMenna Associates LLC bought a new stake in Xometry during the 2nd quarter worth approximately $1,605,000. 97.31% of the stock is owned by institutional investors and hedge funds.

Key Xometry News

Here are the key news stories impacting Xometry this week:

• Positive Sentiment: UBS raised its price target slightly (from $54 to $55) and kept a neutral rating, signaling modest analyst support for the company’s near‑term outlook. Benzinga: UBS raises PT to $55
• Neutral Sentiment: Xometry published its Q4 2025 earnings call transcript and a CEO succession plan; these releases increase transparency but contain mixed/complex takeaways that investors will parse for guidance and leadership continuity. Yahoo Finance: Xometry Announces CEO Succession Plan Yahoo Finance: Q4 2025 Earnings Transcript
• Negative Sentiment: Multiple senior insiders sold stock on Feb 26 (CEO Randolph Altschuler, CFO James Miln, President Sanjeev Singh Sahni, and director Subir Dutt). The combined sales are large and represent multi‑percentage reductions in their individual holdings, which can be viewed negatively by the market. SEC filings: CEO sale SEC filing CFO sale SEC filing President sale SEC filing Director sale SEC filing
• Negative Sentiment: Several brokerages trimmed price targets: Citigroup cut its target from $75 to $65 (still a buy), Royal Bank of Canada cut from $64 to $55 (sector perform), and Wedbush cut from $70 to $60 (outperform). These downgrades on targets reduce upside expectations and add near‑term pressure. AmericanBankingNews: Citigroup cuts PT to $65 AmericanBankingNews: RBC cuts PT to $55 AmericanBankingNews: Wedbush sets PT to $60

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.