Xometry Likely to Post Upside to Q2 Headline Numbers, RBC Capital Markets Says

MT Newswires Live

07/29

Xometry (XMTR) is positioned to report upside to Q2 headline numbers, but revenue beat could be lower than the Q1 level, RBC Capital Markets said in a Wednesday research report.

The company has navigated well through a tariff environment as management continues to highlight business resiliency, according to the note.

The brokerage said Xometry has an opportunity to create a more efficient manufacturing ecosystem and that its total addressable market should expand over time. The company is due to report Q2 results on Aug. 4.

The brokerage said it reiterated its sector perform rating on the stock and price target of $85 per share.

Price: 81.67, Change: -1.32, Percent Change: -1.60

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