Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Matterport, Inc. Market Cap
From what 5 stock analysts predict, the share price for Matterport, Inc. (MTTR) might increase by 12.94% in the next year. This is based on a 12-month average estimation for MTTR. Price targets go from $5.5 to $5.5. The majority of stock analysts believe MTTR is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Matterport, Inc. has a total of 5 Wall St Analyst ratings. There are 0 buy ratings, 5 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Matterport, Inc. will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of MTTR.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Yun Kim Loop Capital | Hold | $5.5 | Downgrade | Apr 23, 2024 |
| Michael Latimore Northland Capital Markets | Market Perform | $5.5 | Downgrade | Apr 23, 2024 |
| Brent Bracelin Piper Sandler | Neutral | $5.5 | Maintains | Apr 22, 2024 |
| Michael Latimore Northland Capital Markets | Outperform | $3.5 | Initiates | Apr 11, 2024 |
| Daniel Ives Wedbush | Neutral | $4 | Maintains | Feb 22, 2024 |
| Brent Bracelin Piper Sandler | Neutral | $3 | Reiterates | Feb 21, 2024 |
| Brent Bracelin Piper Sandler | Neutral | $3 | Maintains | Jan 2, 2024 |
| Elizabeth Porter Morgan Stanley | Equal-Weight | $3 | Maintains | Nov 7, 2023 |
| Brent Bracelin Piper Sandler | Neutral | $2.5 | Maintains | Nov 7, 2023 |
| Brent Bracelin Piper Sandler | Neutral | $2 | Downgrade | Oct 23, 2023 |
| Elizabeth Porter Morgan Stanley | Equal-Weight | $3.5 | Maintains | Aug 11, 2023 |
| Brent Bracelin Piper Sandler | Overweight | $4 | Reiterates | Aug 9, 2023 |
| Elizabeth Porter Morgan Stanley | Equal-Weight | $3 | Maintains | May 11, 2023 |
| Brent Bracelin Piper Sandler | Overweight | $4 | Reiterates | May 10, 2023 |
| Brent Bracelin Piper Sandler | Overweight | $4 | Reiterates | Mar 21, 2023 |
| Elizabeth Porter Morgan Stanley | Equal-Weight | $3.75 | Maintains | Feb 24, 2023 |
| Brent Bracelin Piper Sandler | Overweight | $4 | Reiterates | Feb 23, 2023 |
| Bhavin Shah Deutsche Bank | Hold | $3 | Downgrade | Jan 23, 2023 |
| Brent Bracelin Piper Sandler | Overweight | $4 | Maintains | Jan 9, 2023 |
| Elizabeth Porter Morgan Stanley | Equal-Weight | $3 | Maintains | Dec 19, 2022 |
When did it IPO
2021
Staff Count
438
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Raymond J. Pittman
Market Cap
$1.58B
In 2023, MTTR generated $157.7M in revenue, which was a increase of 15.88% from the previous year. This can be seen as a signal that MTTR's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Mon, 09 Dec 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - CoStar Group's acquisition of Matterport offers a 12.2% arbitrage opportunity. Matterport's Q3 earnings showed strong subscription growth, but operational discipline is a concern.
Why It Matters - Matterport's acquisition offers a 12.2% arbitrage opportunity. Strong subscription growth indicates potential, but operational concerns could impact risk assessment.
Mon, 02 Dec 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Matterport has obtained certifications demonstrating its commitment to utilizing AWS technologies for innovative solutions.
Why It Matters - Matterport's AWS certifications enhance its credibility and potential for growth, suggesting strong alignment with cloud trends, which could positively impact its market value and investor confidence.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Matterport, Inc. (Nasdaq: MTTR) announced its financial results for Q3 2024, reflecting its ongoing role in the digital transformation of the built environment.
Why It Matters - Matterport's financial results may indicate its growth trajectory and market position, influencing investor confidence and stock performance in the spatial data sector.
Tue, 12 Nov 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Matterport, Inc. (MTTR) reported a quarterly loss of $0.01 per share, matching estimates and improving from a loss of $0.04 per share a year earlier.
Why It Matters - Matterport's smaller loss signals improved financial performance, aligning with expectations, which may boost investor confidence and impact stock valuation positively.
Tue, 22 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Mitek Systems appointed J.D. Fay to its board of directors and audit committee. Fay is CFO of Matterport and has over 20 years of financial expertise.
Why It Matters - The appointment of J.D. Fay enhances Mitek's board with financial expertise, potentially improving its strategic direction and operational efficiency, which may positively impact investor confidence and stock performance.
Tue, 01 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Matterport has launched new tools aimed at real estate agents, contractors, and designers to enhance their workflow and service offerings.
Why It Matters - Matterport's new tools enhance productivity and efficiency in real estate, potentially increasing market share and revenue, which could positively impact stock performance and investor sentiment.
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