Xometry, Inc. (XMTR) Stock Analysis

Why this analysis is different

• A sector-relative MoonshotScore — five pillars (business quality, financial safety, valuation, growth durability, momentum) re-ranked nightly against the full universe of US-listed common stocks.
• An AI Council read across up to eight perspectives — value, macro, quantitative, and momentum lenses — that shows where they disagree instead of averaging the tension away.
• Figures come straight from FMP and Yahoo Finance filings data. The AI writes the narrative around the numbers — it never edits the numbers.

Xometry, Inc. (XMTR) Industrial Operations Profile

Xometry, Inc. operates a marketplace connecting buyers and manufacturers for custom parts, leveraging AI for instant quoting and efficient sourcing. Serving diverse industries, Xometry streamlines the manufacturing process, offering services from CNC machining to 3D printing, positioning itself as a key player in the digital manufacturing landscape.

What Is the Investment Thesis for XMTR?

Xometry's investment thesis centers on its ability to disrupt the traditional manufacturing industry through its AI-powered marketplace. The company's growth is driven by increasing adoption of its platform by both buyers and manufacturers, leading to higher transaction volumes. Key value drivers include expanding its service offerings, penetrating new industries, and leveraging its AI technology to improve efficiency and accuracy. With a gross margin of 39.3%, Xometry aims to achieve profitability by scaling its operations and reducing operating expenses. A potential catalyst is the continued expansion of the on-demand manufacturing market, projected to grow significantly over the next few years. However, risks include competition from established players and potential economic downturns affecting manufacturing demand.

Based on FMP financials and quantitative analysis

XMTR Key Highlights

• Xometry operates an AI-driven marketplace connecting buyers and manufacturers for custom parts.
• The company offers a wide array of manufacturing services, including CNC machining, 3D printing, and injection molding.
• Xometry serves diverse industries such as aerospace, automotive, and medical, demonstrating broad market applicability.
• Xometry's gross margin stands at 39.3%, indicating a solid foundation for profitability as the company scales.
• The company's beta of 0.88 suggests lower volatility compared to the overall market.

Who Are XMTR's Competitors?

XMTR is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are XMTR's Key Strengths?

• AI-powered marketplace for efficient sourcing.
• Wide range of manufacturing services and materials.
• Strong network of manufacturers.
• Data-driven insights for customers.

What Are XMTR's Weaknesses?

• Reliance on third-party manufacturers.
• Profit Margin: -7.0%
• Dependence on economic conditions affecting manufacturing demand.
• Potential for quality control issues with outsourced manufacturing.

What Could Drive XMTR Stock Higher?

• Continued expansion of the on-demand manufacturing market.
• Increasing adoption of AI and automation in manufacturing.
• Potential acquisitions of complementary businesses.
• Strategic partnerships with key industry players.

What Are the Key Risks for XMTR?

• Negative return on equity (-18.9%) — the business is not currently generating profit on shareholder capital.
• Insider selling — insiders were net sellers of roughly $2.0M recently.
• Economic downturns affecting manufacturing demand.
• Competition from established manufacturing service providers.
• Disruptions in the supply chain.
• Cybersecurity risks and data breaches.
• Reliance on third-party manufacturers for quality control.

What Are the Growth Opportunities for XMTR?

• Growth opportunity 1: Expanding into new geographic markets represents a significant growth opportunity for Xometry. By extending its marketplace to regions with strong manufacturing activity, such as Europe and Asia, Xometry can tap into new customer bases and increase transaction volumes. This expansion can be achieved through strategic partnerships, acquisitions, or organic growth, with a timeline of 2-3 years and a potential market size of several billion dollars.
• Growth opportunity 2: Increasing the adoption of its platform by enterprise customers is another key growth driver. By targeting large corporations with complex manufacturing needs, Xometry can secure long-term contracts and generate substantial revenue. This involves offering customized solutions, dedicated support, and integration with existing enterprise systems, with a timeline of 1-2 years and a potential market size of hundreds of millions of dollars.
• Growth opportunity 3: Enhancing its AI capabilities to further automate the manufacturing process can drive efficiency and reduce costs. By leveraging machine learning and computer vision, Xometry can optimize part design, predict manufacturing outcomes, and improve quality control. This ongoing effort can lead to significant competitive advantages and increased customer satisfaction, with continuous improvements and a long-term impact.
• Growth opportunity 4: Expanding its service offerings to include additional manufacturing processes and materials can attract new customers and increase revenue per customer. By adding capabilities such as advanced materials processing, micro-manufacturing, and specialized finishing services, Xometry can cater to a wider range of manufacturing needs. This expansion can be achieved through partnerships, acquisitions, or internal development, with a timeline of 1-3 years and a potential market size of tens of millions of dollars.
• Growth opportunity 5: Leveraging data analytics to provide insights and recommendations to customers can create additional value and strengthen customer relationships. By analyzing manufacturing data, Xometry can help customers optimize their designs, improve their supply chains, and reduce their costs. This involves developing data analytics tools and services that provide actionable insights, with a timeline of 1-2 years and a potential market size of millions of dollars.

What Opportunities Does XMTR Have?

• Expanding into new geographic markets.
• Increasing adoption by enterprise customers.
• Enhancing AI capabilities for automation.
• Offering additional manufacturing services and materials.

What Threats Does XMTR Face?

• Competition from established manufacturing service providers.
• Economic downturns affecting manufacturing demand.
• Disruptions in the supply chain.
• Cybersecurity risks and data breaches.

What Are XMTR's Competitive Advantages?

• Network effects: The more buyers and manufacturers on the platform, the more valuable it becomes.
• AI-powered instant quoting: Provides a competitive advantage in terms of speed and accuracy.
• Broad range of manufacturing services: Offers a one-stop shop for custom manufacturing needs.
• Data-driven insights: Provides valuable information to customers for optimizing their designs and supply chains.

What Does XMTR Do?

Xometry, Inc., founded in 2013 and headquartered in Derwood, Maryland, is revolutionizing the manufacturing industry through its AI-driven marketplace. Originally named NextLine Manufacturing Corp., the company rebranded as Xometry in June 2015, signaling its commitment to modernizing manufacturing processes. Xometry connects buyers seeking custom-manufactured parts with a network of manufacturers, offering a wide array of services including CNC machining, milling, turning, sheet metal fabrication, and various 3D printing techniques. These 3D printing services include carbon digital light synthesis, fused deposition modeling, HP multi jet fusion, PolyJet, selective laser sintering, stereolithography, metal 3D printing service, direct metal laser sintering, and metal binder jetting. Additionally, Xometry provides injection molding, urethane casting, die casting, vapor smoothing, finishing, rapid prototyping, high-volume production, and assembly services. Xometry serves diverse industries such as aerospace and defense, automotive, consumer products, product designers, education, electronics and semiconductors, energy, hardware startups, industrial, medical and dental, and robotics. The company's marketplace model streamlines the sourcing process, providing instant quotes and efficient production, making it a valuable resource for businesses of all sizes.

What Products and Services Does XMTR Offer?

• Operates an AI-driven marketplace for custom manufacturing.
• Connects buyers with manufacturers for on-demand production.
• Offers CNC machining, 3D printing, and injection molding services.
• Provides instant quotes using AI algorithms.
• Serves industries including aerospace, automotive, and medical.
• Streamlines the sourcing process for manufactured parts and assemblies.
• Offers a wide range of materials and finishes.

How Does XMTR Make Money?

• Generates revenue through transaction fees on its marketplace.
• Charges commissions on completed manufacturing projects.
• Offers subscription-based services for premium features and support.
• Provides value-added services such as design optimization and supply chain management.

What Industry Does XMTR Operate In?

Xometry operates within the industrial machinery sector, which is undergoing a digital transformation. The market for on-demand manufacturing is expanding, driven by the need for faster turnaround times, greater flexibility, and cost-effectiveness. Xometry's AI-powered marketplace positions it to capitalize on these trends, offering a streamlined solution for sourcing custom parts. Competitors include traditional manufacturing service providers and other online marketplaces. Xometry differentiates itself through its instant quoting capabilities and broad network of manufacturers, providing a competitive edge in the evolving landscape.

Who Are XMTR's Key Customers?

• Aerospace and defense companies requiring custom parts.
• Automotive manufacturers needing rapid prototyping and production.
• Medical device companies seeking precision manufacturing.
• Consumer product companies looking for on-demand manufacturing solutions.
• Hardware startups requiring small-batch production.

F-Score 5/9Financial Health

Xometry, Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 7.17 places it in the safe zone, indicating low near-term bankruptcy risk.

ROE -19%Key Financial Metrics

Return on equity for Xometry, Inc. stands at -18.9%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -7.0%, showing how much profit it generates from its asset base. Its free cash flow yield is -0.2%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.78 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -1.2%, the inverse of the P/E and a quick read on earnings relative to price.

Xometry, Inc. (XMTR) Valuation Context

Valued at $4.65B, XMTR is classified as a mid-cap stock. Relative to its peer group, XMTR's quantitative score of 33/100 is below the peer average of 67/100.

FY2026 estForward Outlook

Wall Street analysts project Xometry, Inc. revenue of about $876.4M for fiscal 2026, with EPS near $0.71. The estimate reflects 6 contributing analysts.

Net sellingInsider Activity

Over the past six months, Xometry, Inc. insiders filed 29 SEC Form 4 transactions — 25 sales and 4 purchases. On net that is roughly 17K shares disposed (about $2.0M), a signal worth weighing alongside the fundamentals.

XMTR Financials

XMTR Latest News

XMTR Analyst Consensus

XMTR MoonshotScore

What Investors Ask About Xometry, Inc. (XMTR) — Industrials

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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