XMTR

XMTR

Xometry, Inc.

Company Information

SectorIndustrials
IndustryIndustrial - Distribution
Market Cap$6.42B
Analysts Rating2.2/5

Recommendation Details

PortfolioLargecap
DateNov 12, 2026
ForecastQ Daily Probabilities
38.7%
66.7%
36.8%

Company Description

Xometry, Inc. manages a global digital marketplace designed to streamline the sourcing of custom manufactured components and assemblies. The company's extensive service portfolio encompasses both traditional and cutting-edge manufacturing processes. These include precision CNC machining, covering milling and turning operations; various sheet metal fabrication techniques such as laser, waterjet, and plasma cutting, in addition to sheet metal forming. Their advanced 3D printing capabilities span a wide array of additive manufacturing methods, including carbon digital light synthesis, fused deposition modeling, HP Multi Jet Fusion, PolyJet, selective laser sintering, stereolithography, and specialized metal 3D printing services like direct metal laser sintering and metal binder jetting. Furthermore, Xometry offers comprehensive injection molding solutions, including plastic, over, insert, and prototype molding, alongside tooling for both bridge production and high-volume manufacturing. Beyond these core services, the company provides urethane and die casting, vapor smoothing, finishing, rapid prototyping, high-volume production, and assembly services. Xometry also distributes products and components from recognized industry brands such as Allied Machine & Engineering, Brubaker, HTC, OSG, Kyocera, Mitsubishi Materials, SOWA, Viking Drill & Tool, Dauphin, and Sandvik. Its diverse clientele spans numerous industries, including aerospace and defense, automotive, consumer products, education, electronics and semiconductors, energy, industrial, medical and dental, robotics, and serves product designers, hardware startups, and supply chain/purchasing departments. Originally incorporated in 2013 as NextLine Manufacturing Corp., the company rebranded to Xometry, Inc. in June 2015 and maintains its headquarters in Derwood, Maryland.

Recent News & Events

Strong post-earnings momentum and multiple analyst price target hikes are offset near-term by a convertible note redemption/conversion deadline (Nov 19-20) that could introduce share dilution and supply pressure.

POSITIVENov 3, 2026
Earnings Report

Record Q3 2026 results; first GAAP profit; raised FY guidance

Xometry reported Q3 revenue of $252.4M (+40% YoY) vs ~$235.5M consensus, adj. EPS of $0.28 vs $0.19 expected, and its first GAAP net income of $1.9M. Management raised FY2026 revenue growth outlook to at least 37% and guided Q4 revenue to $254-256M. The landmark beat and profitability milestone drove a ~15.8% single-session surge to an all-time high, sustaining positive near-term sentiment.

Company Press Release (SEC EX-99.1)
POSITIVENov 11, 2026
Analyst Price Target Raise

Multiple analysts hike price targets post-Q3

Following the Q3 beat, Cantor Fitzgerald raised its PT to $114 (Overweight), Wedbush to $140 (Outperform), and Citizens to $135 (Market Outperform). Upward PT revisions reinforce bullish sentiment and can attract momentum buyers in the near term.

Investing.com
NEGATIVENov 5, 2026
Convertible Note Redemption

$85M convertible notes called for Nov 20 redemption

Xometry issued a redemption notice for all ~$85M of its 1.00% Convertible Senior Notes due 2027, with a Nov 20, 2026 redemption date and a Nov 19 conversion deadline. Holders converting at 17.8213 shares per $1,000 (plus 0.0018 make-whole shares) will be physically settled, potentially creating new share supply/dilution and conversion-related selling pressure into the deadline.

SEC Filing (Form 8-K)
POSITIVENov 11, 2026
All-Time High / Momentum

Stock reaches all-time high of $125

XMTR hit an all-time high of $125.0 on Nov 11, trading near $122 with a ~$6.88B market cap. The breakout to new highs on strong volume reflects sustained momentum, though proximity to highs also raises risk of profit-taking.

Investing.com

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