Cantor Fitzgerald reiterates Xometry stock rating ahead of earnings
Cantor Fitzgerald reiterated an Overweight rating and $110 price target for Xometry (XMTR), citing expected earnings above consensus. The company anticipates 33-34% revenue growth, with positive demand trends. XMTR trades at $90.05, up 79% year-over-year. Analysts predict profitability this year, though some suggest overvaluation. Recent Q2 results beat estimates, with 41% revenue growth. Multiple analysts raised price targets to $120.

