Desktop Metal share price today

(DM)

Desktop Metal share price is $2.85 & ₹242.18 as on 21 Dec 2024, 2.30 'hrs' IST

$2.85

▲

-0.25

(-8.06%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Desktop Metal share price in Dollar and Rupees. Guide to invest in Desktop Metal from India. Also see the sentimental analysis on Indian investors investing in Desktop Metal. Get details on the Indian mutual funds that are investing in Desktop Metal. Get Analyst recommendations and forecasts along with all the Desktop Metal's financials.

Desktop Metal share price movements

Today's Low: $2.81
Today's High: $3.03
$2.85
1.58%
Downside
Day's Volatility :7.44%
Upside
5.95%
52 Weeks Low: $2.80
52 Weeks High: $11.80
$2.85
1.75%
Downside
52 Weeks Volatility :76.27%
Upside
75.85%

Desktop Metal Returns

Period	Desktop Metal, Inc.	Sector (Industrials)	Index (Russel 2000)
3 Months	-36.81%	0.5%	0.0%
6 Months	-33.1%	8.8%	0.0%
1 Year	-62.46%	18.9%	0.0%
3 Years	-94.52%	30.7%	-19.7%

Desktop Metal Key Statistics

in dollars & INR

Previous Close	$3.1
Open	$3.01
Today's High	$3.03042
Today's Low	$2.805
Market Capitalization	$103.4M
Today's Volume	$498.5K
52 Week High	$11.8
52 Week Low	$2.8
Revenue TTM	$168.3M
EBITDA	$-59.9M
Earnings Per Share (EPS)	$-11.15
Profit Margin	-217.2%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-152.96%

How to invest in Desktop Metal from India?

It is very easy for Indian residents to invest directly in Desktop Metal from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Desktop Metal stock in both Indian Rupees (INR) and US Dollars (USD). Search for Desktop Metal or DM on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Desktop Metal or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Desktop Metal shares which would translate to 0.298 fractional shares of Desktop Metal as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Desktop Metal, in just a few clicks!

Returns in Desktop Metal for Indian investors in Rupees

Investment Value

₹1,00,000

Desktop Metal investment value today

Current value as on today

₹1,64,647

Returns

₹64,647

(+64.65%)

Returns from Desktop Metal Stock

₹62,451 (false-62.45%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Desktop Metal

65%

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Desktop Metal on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 65% more investors are searching Desktop Metal in the last 30 days versus the previous period.

Global Institutional Holdings in Desktop Metal

NEA Management Company, LLC
4.32%
Vanguard Group Inc
3.39%
Alphabet Inc
3.31%
Koch Industries Inc
2.81%
ARK Investment Management LLC
2.29%
Blue Owl Capital Holdings LP
2.25%

Analyst Recommendation on Desktop Metal

Buy

72%Buy

27%Hold

0%Sell

Based on 11 Wall street analysts offering stock ratings for Desktop Metal(by analysts ranked 0 to 5 stars)

Based on 11 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Desktop Metal

What analysts predicted

Upside of 75.44%

Current:

$2.85

Target:

$5.00

Insights on Desktop Metal

Price Movement
In the last 7 days, DM stock has moved down by -23.6%
Decreasing Revenue
Revenue is down for the last 4 quarters, 52.34M → 36.40M (in $), with an average decrease of 11.0% per quarter
Increasing Net Profit
Netprofit is up for the last 2 quarters, -103.44M → -35.44M (in $), with an average increase of 191.8% per quarter
DM vs ANET (1 yr)
In the last 1 year, Arista Networks, Inc. has given 91.7% return, outperforming this stock by 151.0%
DM vs ANET (3 yr)
In the last 3 years, Arista Networks, Inc. has given 227.2% return, outperforming this stock by 321.8%
Price to Sales
ForDM every $1 of sales, investors are willing to pay $0.6, whereas for Arista Networks, Inc., the investors are paying $5.3 for every $1 of sales.

Desktop Metal Technicals Summary

Sell

Neutral

Buy

Desktop Metal is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Desktop Metal Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Desktop Metal, Inc.	-35.23%	-33.1%	-62.46%	-94.52%	-71.41%
Hp Inc.	-13.11%	-9.26%	9.15%	-11.64%	60.21%
Arista Networks, Inc.	11.43%	37.07%	89.39%	223.4%	781.03%
Dell Technologies Inc. - Class C Shares	-16.66%	-15.84%	52.91%	109.08%	352.48%
Netapp, Inc.	-6.5%	-6.27%	32.49%	31.76%	88.61%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Desktop Metal, Inc.	NA	NA	NA	-1.81	-1.53	-0.24	NA	2.17
Hp Inc.	11.55	11.55	1.19	3.39	0.0	0.07	0.03	-1.44
Arista Networks, Inc.	52.44	52.44	2.53	2.19	0.34	0.16	NA	29.37
Dell Technologies Inc. - Class C Shares	19.82	19.82	0.59	6.66	0.44	0.04	0.01	-3.41
Netapp, Inc.	21.46	21.46	1.77	6.46	1.2	0.09	0.02	5.56

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Desktop Metal, Inc.	Buy	$103.4M	-71.41%	NA	-217.2%
Hp Inc.	Buy	$30.4B	60.21%	11.55	5.33%
Arista Networks, Inc.	Buy	$137.4B	781.03%	52.44	40.29%
Dell Technologies Inc. - Class C Shares	Buy	$78.4B	352.48%	19.82	4.33%
Netapp, Inc.	Hold	$24.1B	88.61%	21.46	17.01%

About Desktop Metal

desktop metal is reinventing the way design and manufacturing teams produce metal parts - from prototyping through mass production. our team is built around the disciplines of materials science, hardware and software engineering, and design. we have raised $212 million in equity funding with investment from technology leaders including google, bmw, lowe’s, and kleiner perkins caufield & byers. in 2017, the company was selected as one of the world’s 30 most promising technology pioneers by world economic forum, and was recently named to mit technology review’s list of 50 smartest companies. located just outside of boston we are assembling a team of experts and are looking to hire curious and driven engineers, scientists, and designers.

Organization	Desktop Metal
Employees	950
CEO	Mr. Ric Fulop
Industry	Industrial Services

Management People of Desktop Metal

Name	Title
Mr. Ric Fulop	Co-Founder, Chairman & CEO
Mr. Jonah Myerberg	Co-Founder, CTO & Senior VP of Global Engineering
Mr. Jason Cole CPA	CFO & Treasurer
Mr. Thomas Nogueira	Chief Operating Officer
Mr. Rick Chin	Co-Founder
Dr. Emanuel M. Sachs Ph.D.	Co-Founder & Technical Fellow
Prof. Christopher A. Schuh Ph.D.	Co-Founder
Prof. A. John Hart Ph.D.	Co-Founder
Prof. Yet-Ming Chiang	Co-Founder
Mr. Larry O'Connell	General Counsel

Important FAQs about investing in Desktop Metal from India :

What is Desktop Metal share price today?

Desktop Metal share price today stands at $2.85, Open: $3.01 ; Previous Close: $3.10 ; High: $3.03 ; Low: $2.81 ; 52 Week High: $11.80 ; 52 Week Low: $2.80. The stock opens at $3.01, after a previous close of $3.10. The stock reached a daily high of $3.03 and a low of $2.81, with a 52-week high of $11.80 and a 52-week low of $2.80.

Can Indians buy Desktop Metal shares?

Yes, Indians can invest in the Desktop Metal (DM) from India.

With INDmoney, you can buy Desktop Metal at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Desktop Metal at zero transaction cost.

How can I buy Desktop Metal shares from India?

It is very easy to buy Desktop Metal from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Desktop Metal be purchased?

Yes, you can buy fractional shares of Desktop Metal with INDmoney app.

What are the documents required to start investing in Desktop Metal stocks?

To start investing in Desktop Metal, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.