NYSE:MKFG

Markforged (MKFG) Stock Price, News & Analysis

$0.61
+0.01 (+1.66%)
(As of 05/2/2024 ET)
Today's Range
$0.59
$0.64
50-Day Range
$0.52
$0.86
52-Week Range
$0.50
$2.30
Volume
155,461 shs
Average Volume
344,485 shs
Market Capitalization
$122.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$1.38

Markforged MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
125.8% Upside
$1.38 Price Target
Short Interest
Healthy
2.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Markforged in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.20) to ($0.18) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.14 out of 5 stars

Industrial Products Sector

126th out of 162 stocks

Computer Peripheral Equipment, Not Elsewhere Classified Industry

11th out of 14 stocks

MKFG stock logo

About Markforged Stock (NYSE:MKFG)

Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. It offers desktop, industrial, and metal 3D printers; and composite, continuous fiber, and metal parts, as well as advanced 3D printing software. The company serves customers in aerospace, military and defense, food and beverage, industrial automation, space exploration, healthcare, and automotive industries. Markforged Holding Corporation was founded in 2013 and is headquartered in Waltham, Massachusetts.

MKFG Stock Price History

MKFG Stock News Headlines

Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
Markforged Announces Jury Verdict in Patent Case
MKFG Apr 2024 2.500 call
Urgent dollar warning
Your 2024 Election Money Blueprint Voters are angrier than ever, and it's likely to keep getting worse. The media and Wall Street keep declaring how great the economy supposedly is... but no one – besides the ultra-rich – seems to feel that way. Protect yourself with this one simple move today.
Markforged Holding Corp MKFG
Lake Street Keeps Their Buy Rating on Markforged Holding (MKFG)
Craig-Hallum Reaffirms Their Hold Rating on Markforged Holding (MKFG)
See More Headlines
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Company Calendar

Last Earnings
3/07/2024
Today
5/02/2024
Next Earnings (Confirmed)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
N/A
Fax
N/A
Employees
351
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$1.38
High Stock Price Target
$1.70
Low Stock Price Target
$1.00
Potential Upside/Downside
+116.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$-103,570,000.00
Net Margins
-110.43%
Pretax Margin
-111.06%

Debt

Sales & Book Value

Annual Sales
$93.78 million
Book Value
$0.81 per share

Miscellaneous

Free Float
112,633,000
Market Cap
$127.58 million
Optionable
Optionable
Beta
1.60
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MKFG Stock Analysis - Frequently Asked Questions

Should I buy or sell Markforged stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Markforged in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MKFG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MKFG, but not buy additional shares or sell existing shares.
View MKFG analyst ratings
or view top-rated stocks.

What is Markforged's stock price target for 2024?

4 equities research analysts have issued 12-month price targets for Markforged's stock. Their MKFG share price targets range from $1.00 to $1.70. On average, they expect the company's stock price to reach $1.38 in the next year. This suggests a possible upside of 125.8% from the stock's current price.
View analysts price targets for MKFG
or view top-rated stocks among Wall Street analysts.

How have MKFG shares performed in 2024?

Markforged's stock was trading at $0.82 at the start of the year. Since then, MKFG shares have decreased by 25.3% and is now trading at $0.6127.
View the best growth stocks for 2024 here
.

When is Markforged's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MKFG earnings forecast
.

How can I listen to Markforged's earnings call?

Markforged will be holding an earnings conference call on Wednesday, May 8th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13743011".

How were Markforged's earnings last quarter?

Markforged Holding Co. (NYSE:MKFG) released its earnings results on Thursday, March, 7th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. The business had revenue of $24.17 million for the quarter, compared to analysts' expectations of $20.95 million. Markforged had a negative trailing twelve-month return on equity of 25.97% and a negative net margin of 110.43%. During the same period last year, the business earned ($0.06) earnings per share.

What ETFs hold Markforged's stock?

ETFs with the largest weight of Markforged (NYSE:MKFG) stock in their portfolio include 3D Printing ETF (PRNT) and ARK Autonomous Technology & Robotics ETF (ARKQ).ARK Space Exploration & Innovation ETF (ARKX).

What guidance has Markforged issued on next quarter's earnings?

Markforged issued an update on its FY 2024 earnings guidance on Thursday, March, 7th. The company provided EPS guidance of -0.220--0.190 for the period, compared to the consensus EPS estimate of -0.210. The company issued revenue guidance of $95.0 million-$105.0 million, compared to the consensus revenue estimate of $95.2 million.

Who are Markforged's major shareholders?

Markforged's stock is owned by a number of retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (3.46%) and Wasatch Advisors LP (1.48%). Insiders that own company stock include Assaf Zipori, David Benhaim, Gregory Mark, Shai Terem and Stephen Karp.
View institutional ownership trends
.

How do I buy shares of Markforged?

Shares of MKFG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:MKFG) was last updated on 5/3/2024 by MarketBeat.com Staff

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