Xometry, Inc.

NasdaqGS:XMTR Stock Report

Market Cap: US$4.2b

Xometry Future Growth

Future criteria checks 4/6

Xometry is forecast to grow earnings and revenue by 109.3% and 17.3% per annum respectively. EPS is expected to grow by 110.3% per annum. Return on equity is forecast to be 17.6% in 3 years.

Key information

109.3%

Earnings growth rate

110.34%

EPS growth rate

Trade Distributors earnings growth16.5%
Revenue growth rate17.3%
Future return on equity17.63%
Analyst coverage

Good

Last updated11 May 2026

Recent future growth updates

Recent updates

New Narrative May 09

Siemens Integration And AI Pricing Reliance Will Constrain Margins And Long Term Earnings

Catalysts About Xometry Xometry operates an AI-focused online marketplace that connects buyers with a global network of custom manufacturing suppliers. What are the underlying business or industry changes driving this perspective?
Narrative Update May 01

XMTR: AI Disintermediation Fears And Leadership Shift Will Create Opportunity

Analysts have trimmed the average Xometry price target by a few dollars into the mid $50s, even as they highlight strong recent execution, adjusted EBITDA break even, and what they see as resilient marketplace positioning in light of evolving AI and leadership headlines. Analyst Commentary Recent Street research has centered on two themes for Xometry: valuation reset and confidence in execution.
Narrative Update Apr 16

XMTR: AI Execution And Lead Time Advances Will Drive Future Upside

Analysts have trimmed their Xometry price targets by around $10 on average, to a range of about $55 to $65. This reflects strong recent execution and EBITDA progress, tempered by leadership transition questions and evolving views on AI related competitive risk and opportunity.
Narrative Update Apr 02

XMTR: AI Marketplace Resilience And Execution Will Support Future Upside

Narrative Update on Xometry The average analyst price target for Xometry has been reset toward the mid $50s to low $60s range, with cuts such as $70 to $60 and $75 to $65, offset by a smaller increase from $54 to $55, as analysts factor in strong recent execution, leadership changes, and updated views on AI related risks and opportunities for the business. Analyst Commentary Recent research paints a mixed but generally constructive picture of Xometry, with analysts updating targets and views in response to earnings, guidance, leadership changes, and evolving AI related risks.
Narrative Update Mar 19

XMTR: AI Resilience And Execution Will Support Durable Earnings Power

Analysts have trimmed Street price targets for Xometry into a roughly $55 to $65 range, but recent views still lean on strong Q4 execution, higher 2026 growth guidance, and a belief that the business model is relatively well positioned against AI disintermediation, even as leadership transition and AI related worries weigh on sentiment. Analyst Commentary Bullish analysts are still leaning constructive on Xometry, even as price targets reset into a tighter range.
Narrative Update Mar 04

XMTR: AI Pricing Advances And Execution Strength Will Drive Future Upside

The updated analyst price target for Xometry has been reduced by about $3 to reflect a more moderate fair value estimate. Analysts highlight strong recent execution, adjusted EBITDA break even, and positive revenue guidance, while balancing these factors against uncertainty around the CEO transition and evolving expectations for future P/E and profit margins.
Narrative Update Feb 18

XMTR: Expanded Manufacturing Capabilities And Compliance Credentials Will Support Future Upside

Analysts are maintaining Xometry's fair value target at $65.44, with only minor adjustments to the discount rate, revenue growth outlook, profit margin assumptions, and future P/E expectations supporting the unchanged headline figure. What's in the News Xometry expanded its additive manufacturing capabilities in December 2025 with eight new materials across FDM and SLA processes, targeting advanced use cases in aerospace, defense, medical devices, and automotive sectors.
Narrative Update Feb 04

XMTR: Supply Chain Tools And Manufacturing Updates Will Support Measured Upside Potential

Analysts have kept their price target for Xometry broadly unchanged at about US$65.44, with only small adjustments to inputs such as the discount rate, revenue growth, profit margin, and expected future P/E. These changes reflect fine tuning rather than a major shift in their view.
Seeking Alpha Jan 20

Xometry: Scaling The AI Operating System For Manufacturing

Summary Xometry reported record Q3 revenue of $181 million, representing a 28% YoY increase driven by its AI-powered marketplace. XMTR delivered an adjusted EBITDA of $6.1 million, reflecting strong operational efficiencies and increasing marketplace gross margins. XMTR's AI-driven platform may continue to drive success in 2026, unlocking a surge in enterprise adoption and eventually a rating upgrade. Read the full article on Seeking Alpha
Narrative Update Jan 20

XMTR: Marketplace Execution And New Tools Will Support Measured Upside Potential

Narrative Update The analyst price target for Xometry has moved higher into a US$60 to US$75 range, as analysts point to stronger than expected Q3 results, record marketplace metrics, and ongoing product improvements such as broader instant-quote coverage and the new Workcenter mobile app as key supports for the revised outlook. Analyst Commentary Recent research updates show a generally constructive tone on Xometry, with higher price targets tied to Q3 execution and product improvements.
Narrative Update Jan 06

XMTR: Expanding Network And Tools Will Support Gains Despite Softer Guidance

Narrative Update on Xometry Analysts have lifted their price targets on Xometry to a range of about US$60 to US$75, citing stronger than expected Q3 revenue and profitability metrics, ongoing market share gains, and product improvements such as broader instant-quote coverage and the new Workcenter mobile app as key supports for the higher valuations. Analyst Commentary Recent Street research on Xometry highlights both growing confidence in the business model and some unease about its longer term outlook, especially around the company’s own 2026 revenue guidance.
Narrative Update Dec 18

XMTR: Marketplace Scale And Digital Tools Will Drive Durable Earnings Power

Analysts have lifted their fair value estimate for Xometry to $75 from $55, citing better than expected Q3 results, accelerating marketplace and total revenue growth, and continued market share gains as the platform scales its buyer and supplier network and enhances its digital tools. Analyst Commentary Bullish analysts are highlighting Xometry's stronger than expected Q3 performance as a key driver behind recent upward revisions to price targets, pointing to improved visibility into the company’s growth trajectory and operational leverage.
Narrative Update Dec 04

XMTR: Expanding Marketplace Network Will Drive Future Share Gains

Analysts modestly raised their price targets on Xometry into a roughly $60 to $75 range, citing stronger than expected Q3 results, accelerating marketplace revenue growth, and growing evidence that the platform is capturing share as it scales its buyer and supplier network. Analyst Commentary Bullish analysts highlighted that Xometry's record Q3 performance across revenue, gross profit, Marketplace gross margin, and adjusted EBITDA supports a higher fundamental valuation framework.
Narrative Update Nov 20

XMTR: Expanding Marketplace Capabilities Will Drive Balanced Performance Amid Ongoing Risks

Xometry's analyst price target has increased from approximately $51.67 to $65.44. Analysts cite stronger-than-expected quarterly results, accelerating revenue growth, and expanding marketplace capabilities as key factors.
Narrative Update Nov 05

XMTR: Elevated Multiples And Falling Profit Margins Will Pressure Shares Ahead

Analysts have raised their price target for Xometry from $50.11 to $51.67 per share, citing updated assessments of the company’s growth trajectory and financial metrics. What's in the News Xometry has launched auto-quotes for injection molding services in the U.S., expanding a feature first introduced in European markets (Key Developments).
Narrative Update Oct 22

Analysts Raise Xometry Price Target on Strong Results and Growth Outlook Amid Mixed Commentary

Xometry's analyst price target has increased by $0.78 to $50.11 per share. Analysts cite stronger-than-expected quarterly results, raised guidance, and growing enterprise adoption as key drivers of the upward revision.
Narrative Update Oct 08

Digital Manufacturing Platforms And AI Will Expand Global Reach

Xometry's fair value estimate has been raised from $47.67 to $49.33 per share. Analysts cite stronger-than-expected Q2 results, improved profitability, and sustained growth momentum as key drivers of the upward revision.
Analysis Article Sep 09

Unpleasant Surprises Could Be In Store For Xometry, Inc.'s (NASDAQ:XMTR) Shares

Xometry, Inc.'s ( NASDAQ:XMTR ) price-to-sales (or "P/S") ratio of 4.4x may look like a poor investment opportunity...
Narrative Update Aug 06

Digital Manufacturing Platforms And AI Will Expand Global Reach

Xometry’s Consensus Analyst Price Target has risen notably as both its Future P/E ratio and discount rate have increased, suggesting analysts expect stronger future growth but at greater risk, resulting in a revised fair value estimate of $40.44. What's in the News Xometry raised full-year 2025 marketplace growth outlook to 23-24% from previous guidance of at least 22%; expects Q3 revenue of $167–169 million (18–19% YoY growth), but supplier services revenue to decline ~5% YoY.
Analysis Article Jul 28

Xometry (NASDAQ:XMTR) Is Carrying A Fair Bit Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 29

Why Xometry, Inc. (NASDAQ:XMTR) Could Be Worth Watching

Xometry, Inc. ( NASDAQ:XMTR ), is not the largest company out there, but it received a lot of attention from a...
Analysis Article May 04

Xometry, Inc.'s (NASDAQ:XMTR) 39% Share Price Surge Not Quite Adding Up

Those holding Xometry, Inc. ( NASDAQ:XMTR ) shares would be relieved that the share price has rebounded 39% in the last...
Analysis Article Apr 10

Xometry, Inc. (NASDAQ:XMTR) Shares Could Be 43% Below Their Intrinsic Value Estimate

Key Insights Xometry's estimated fair value is US$38.42 based on 2 Stage Free Cash Flow to Equity Xometry's US$22.07...
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New Narrative Mar 23

Advanced AI Integration Will Streamline Operations And Boost Efficiency

Expansion in buyer-supplier networks and international markets is set to drive revenue growth and broaden the customer base.
Analysis Article Mar 06

Xometry, Inc.'s (NASDAQ:XMTR) 27% Cheaper Price Remains In Tune With Revenues

Xometry, Inc. ( NASDAQ:XMTR ) shares have had a horrible month, losing 27% after a relatively good period beforehand...
Seeking Alpha Feb 27

Xometry: Positive Fundamentals Despite Volatile Sentiment

Summary Xometry's marketplace growth remained solid in the fourth quarter, and its margins continue to improve. While the business is performing well in a challenging macro environment, the stock has struggled due to elevated investor expectations. Reshoring could create tailwinds, although I tend to think that this will be fairly modest and will take time to play out. While Xometry's growth should create strong returns in time, further profitability improvements will likely be needed first. Read the full article on Seeking Alpha
Analysis Article Jan 30

Xometry (NASDAQ:XMTR) Is Carrying A Fair Bit Of Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 02

A Look At The Fair Value Of Xometry, Inc. (NASDAQ:XMTR)

Key Insights Xometry's estimated fair value is US$37.77 based on 2 Stage Free Cash Flow to Equity With US$42.66 share...
Analysis Article Dec 12

Investors Appear Satisfied With Xometry, Inc.'s (NASDAQ:XMTR) Prospects

When you see that almost half of the companies in the Trade Distributors industry in the United States have...
Seeking Alpha Nov 20

Xometry: Investor Pessimism Fading

Summary Xometry's Q3 results demonstrated a continuation of solid growth and profitability trends despite the soft demand environment. Market conditions are stabilizing and there could be a tailwind from the reshoring of manufacturing in coming years. Despite the recent share price increase, Xometry remains reasonably priced given its growth prospects. Volatility is likely to remain elevated until Xometry achieves cash flow breakeven, though, which is probably still around a year away. Read the full article on Seeking Alpha
Seeking Alpha Nov 04

Xometry: Marketplace Sales More Than Doubled While Peers' Organic Revenue Declined

Summary Xometry's digital platform connects 60,000 buyers with 3,500 suppliers, streamlining custom part sourcing with AI-powered quoting and supplier matching. The company has improved gross margins by 10% since its IPO and continues to enhance its pricing for complex parts. Xometry's market potential is significant, with a $200 billion custom-manufactured parts market and growing large-account customer base, including NASA and SpaceX. Despite a significant stock drop, Xometry meets growth targets and is expected to generate profits soon, with substantial upside potential in share price. Read the full article on Seeking Alpha
Analysis Article Oct 02

Would Xometry (NASDAQ:XMTR) Be Better Off With Less Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 18

Revenues Tell The Story For Xometry, Inc. (NASDAQ:XMTR) As Its Stock Soars 29%

Xometry, Inc. ( NASDAQ:XMTR ) shares have had a really impressive month, gaining 29% after a shaky period beforehand...

Earnings and Revenue Growth Forecasts

NasdaqGS:XMTR - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,20167601215
12/31/20271,0372537779
12/31/2026876-1217588
3/31/2026741-52-1124N/A
12/31/2025687-62-246N/A
9/30/2025643-63-1411N/A
6/30/2025604-62-201N/A
3/31/2025574-49-27-7N/A
12/31/2024546-50-33-15N/A
9/30/2024525-51-46-26N/A
6/30/2024502-53-47-28N/A
3/31/2024481-66-44-25N/A
12/31/2023463-67-48-30N/A
9/30/2023433-84-62-46N/A
6/30/2023418-87-68-51N/A
3/31/2023403-77-70-55N/A
12/31/2022381-79-76-63N/A
9/30/2022350-76-88-77N/A
6/30/2022303-75-91-82N/A
3/31/2022258-71-90-83N/A
12/31/2021218-61-75-69N/A
9/30/2021189-48-48-42N/A
6/30/2021174-48-36-31N/A
3/31/2021159-42-30-26N/A
12/31/2020141-40-26-22N/A
12/31/201980-31N/A-27N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: XMTR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.5%).

Earnings vs Market: XMTR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XMTR is expected to become profitable in the next 3 years.

Revenue vs Market: XMTR's revenue (17.3% per year) is forecast to grow faster than the US market (11.6% per year).

High Growth Revenue: XMTR's revenue (17.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XMTR's Return on Equity is forecast to be low in 3 years time (17.6%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/11 15:41
End of Day Share Price 2026/05/08 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Xometry, Inc. is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nathaniel SchindlerBofA Global Research
Troy JensenCantor Fitzgerald & Co.
Ronald JoseyCitigroup Inc