Markforged Holding Co. (NYSE:MKFG – Free Report) – Research analysts at Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for shares of Markforged in a report issued on Tuesday, January 21st. Cantor Fitzgerald analyst T. Jensen expects that the company will post earnings of ($0.93) per share for the year. Cantor Fitzgerald currently has a “Neutral” rating and a $5.00 price target on the stock. The consensus estimate for Markforged’s current full-year earnings is ($2.00) per share.
Separately, Lake Street Capital restated a “hold” rating on shares of Markforged in a report on Thursday, September 26th.
Markforged Stock Performance
MKFG opened at $3.37 on Wednesday. The business has a 50 day moving average price of $3.70 and a 200 day moving average price of $3.66. Markforged has a twelve month low of $1.57 and a twelve month high of $8.80. The firm has a market cap of $69.49 million, a P/E ratio of -0.77 and a beta of 1.51.
Markforged (NYSE:MKFG – Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported ($0.47) earnings per share for the quarter. Markforged had a negative return on equity of 34.99% and a negative net margin of 101.18%. The company had revenue of $20.48 million during the quarter. During the same period in the prior year, the business posted ($0.70) EPS.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in Markforged stock. Divisar Capital Management LLC raised its holdings in shares of Markforged Holding Co. (NYSE:MKFG – Free Report) by 7.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,864,892 shares of the company’s stock after buying an additional 561,304 shares during the quarter. Divisar Capital Management LLC owned about 3.91% of Markforged worth $3,225,000 as of its most recent SEC filing. 87.30% of the stock is currently owned by institutional investors and hedge funds.
About Markforged
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.
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