Markforged Holding Corporation (MKFG) has disclosed a new risk, in the Technology category.
Markforged Holding Corporation confronts considerable risks as it integrates artificial intelligence (AI) into its product offerings. The adoption of AI technologies exposes the company to potential reputational harm and legal liabilities, especially if its solutions are perceived to have adverse societal impacts. Intellectual property concerns, including infringement and security of proprietary information, are heightened with AI utilization. Furthermore, impending regulations like the EU’s Artificial Intelligence Act could impose stringent compliance requirements, significantly increasing costs and demanding higher standards of ethical AI development and use, thereby impacting Markforged’s business operations.
Overall, Wall Street has a Moderate Buy consensus rating on MKFG stock based on 2 Buys and 1 Hold.
To learn more about Markforged Holding Corporation’s risk factors, click here.
