Xometry (XMTR) AI Stock Analysis

• Market Cap: $2.57B
• Dividend Yield: N/A
• Average Volume (3M): 687.23K
• Price to Earnings (P/E): ―
• Beta (1Y): 2.51
• Revenue Growth: 20.19%
• EPS Growth: -12.34%
• Country: US
• Employees: 1,088
• Sector: Industrials
• Sector Strength: 72
• Industry: Industrial - Machinery
• EPS (TTM): 0.09
• Shares Outstanding: 49,339,040
• 10 Day Avg. Volume: 573,030
• 30 Day Avg. Volume: 687,234
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 0.71
• Enterprise Value/Revenue: 3.02
• Enterprise Value/Gross Profit: 7.71
• Enterprise Value/Ebitda: -45.01
• 1Y Price Target: $48.44
• Price Target Upside: -4.12% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 50 Neutral
• Price Target: $49.00 ▼(-3.01% Downside)

Xometry's overall stock score reflects significant financial challenges, with high leverage and negative profitability impacting its financial health. Despite these issues, strong revenue growth and technological advancements highlighted in the earnings call provide a positive outlook. Technical indicators suggest potential bearish momentum, and valuation metrics indicate ongoing losses, contributing to a moderate overall score.

Positive Factors

Revenue Growth

The strong revenue growth of 23% YoY indicates robust demand and effective market penetration, which supports long-term business expansion and stability.

Technological Advancements

Advancements in AI and technology enhance operational efficiency and customer experience, strengthening competitive positioning and driving future growth.

International Expansion

The accelerated international revenue growth highlights successful global expansion efforts, diversifying revenue streams and reducing reliance on domestic markets.

Negative Factors

High Leverage

High leverage poses financial risks, limiting flexibility and increasing vulnerability to economic downturns, potentially impacting long-term financial health.

Profitability Challenges

Ongoing profitability challenges with negative margins indicate operational inefficiencies, which could hinder sustainable growth and investor confidence.

Cash Flow Issues

Negative cash flow growth suggests difficulties in generating sufficient cash, potentially leading to increased reliance on external financing and impacting operational stability.

Xometry Business Overview & Revenue Model

Company Description

Xometry (XMTR) is a leading on-demand manufacturing platform that connects businesses with a network of manufacturers for custom parts and prototypes. Operating primarily in the advanced manufacturing sector, Xometry leverages technology to provide a range of services including CNC machining, 3D printing, injection molding, and sheet metal fabrication. The company serves a diverse clientele spanning industries such as aerospace, automotive, medical, and consumer products, enabling them to streamline their production processes and reduce lead times.

How the Company Makes Money

Xometry generates revenue through its transaction-based model, earning money by taking a commission on each order placed through its platform. Key revenue streams include customer payments for manufactured parts and services, which are facilitated by the company's proprietary software that provides instant pricing and lead times. Additionally, Xometry offers subscription services for manufacturers to gain access to enhanced features and tools on the platform. Significant partnerships with various manufacturing facilities and industry leaders further bolster its earnings by expanding its service offerings and enhancing its network capabilities.

Xometry Financial Statement Overview

Summary

Xometry faces significant financial challenges with moderate revenue growth but ongoing profitability and cash flow issues. High leverage and negative returns on equity further highlight financial instability.

Income Statement

Xometry's income statement shows moderate revenue growth with a 5.22% increase in TTM, but profitability remains a concern. The company has a negative net profit margin of -10.20% and negative EBIT and EBITDA margins, indicating ongoing operational challenges. While gross profit margin is relatively healthy at 39.15%, the company needs to address its cost structure to improve overall profitability.

Balance Sheet

The balance sheet reveals a high debt-to-equity ratio of 1.24, indicating significant leverage which could pose financial risks. Return on equity is negative at -20.36%, reflecting ongoing losses. The equity ratio stands at 39.37%, suggesting a moderate level of equity financing. Overall, the balance sheet highlights financial instability and potential risks due to high leverage.

Cash Flow

Cash flow analysis shows challenges with negative free cash flow growth of -22.95% in TTM and a low operating cash flow to net income ratio of 0.02. The free cash flow to net income ratio is significantly negative, indicating cash flow issues. The company needs to improve cash generation to support its operations and reduce reliance on external financing.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	603.76M	545.53M	463.41M	381.05M	218.34M	141.41M
Gross Profit	236.35M	215.62M	178.26M	147.57M	57.14M	33.29M
EBITDA	-40.51M	-28.20M	-52.30M	-59.53M	-55.88M	-25.83M
Net Income	-61.60M	-50.40M	-67.47M	-79.06M	-61.38M	-31.09M
Balance Sheet
Total Assets	687.04M	680.13M	707.39M	736.92M	502.59M	88.96M
Cash, Cash Equivalents and Short-Term Investments	225.79M	239.84M	268.78M	319.43M	116.73M	59.87M
Total Debt	334.92M	295.14M	299.52M	302.32M	22.47M	17.90M
Total Liabilities	415.52M	364.53M	376.97M	362.09M	77.10M	39.50M
Stockholders Equity	270.40M	314.45M	329.30M	373.74M	424.45M	49.46M
Cash Flow
Free Cash Flow	-20.51M	-33.48M	-48.36M	-76.22M	-74.83M	-26.24M
Operating Cash Flow	1.30M	-15.38M	-29.88M	-62.58M	-68.57M	-22.05M
Investing Cash Flow	-11.84M	-20.18M	16.81M	15.14M	-212.75M	6.67M
Financing Cash Flow	4.89M	4.64M	1.07M	280.97M	307.77M	35.26M

Xometry Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 50.52
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XMTR, the sentiment is Neutral. The current price of 50.52 is above the 20-day moving average (MA) of 49.77, below the 50-day MA of 50.61, and above the 200-day MA of 36.38, indicating a neutral trend. The MACD of -0.34 indicates Positive momentum. The RSI at 45.41 is Neutral, neither overbought nor oversold. The STOCH value of 61.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for XMTR.

Xometry Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FLS	―	$8.56B	20.06	20.97%	1.25%	3.19%	69.89%
ITT	―	$14.59B	32.48	17.85%	0.70%	8.01%	2.67%
PNR	―	$17.53B	27.30	17.97%	0.93%	0.83%	-1.32%
SPXC	―	$9.83B	44.44	15.02%	―	8.90%	29.18%
GNRC	―	$9.73B	31.55	12.38%	―	5.52%	9.03%
Sector *	―	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
XMTR	―	$2.57B	―	-21.02%	―	20.19%	-12.34%

Xometry Corporate Events

Xometry, Inc. Achieves Record Q2 2025 Results

Xometry, Inc. is a global AI-powered marketplace that connects buyers with suppliers of manufacturing services, operating primarily in the manufacturing and technology sectors. The company is known for its innovative approach to digitizing the manufacturing industry through its platform and suite of cloud-based services.

Xometry, Inc. Reports Strong Q2 Growth Amid Challenges

Xometry, Inc.’s latest earnings call painted a predominantly positive picture, highlighting strong revenue growth, improved gross margins, and successful product and AI initiatives. Despite these achievements, the company acknowledged challenges such as a decline in supplier services revenue and ongoing macroeconomic uncertainties.