Wedbush Cuts Xometry Price Target to $60

Analysts lower price target for on-demand manufacturing platform

Published on Feb. 28, 2026

Wedbush, an investment research firm, has lowered its price target for Xometry (NASDAQ:XMTR) from $70 to $60 per share. Xometry operates an online platform that connects businesses with on-demand manufacturing capacity across various processes like CNC machining, 3D printing, and injection molding. The analysts maintained an 'outperform' rating on the stock despite the reduced price target.

Why it matters

Xometry's stock price is an important indicator of investor sentiment around the company's growth prospects in the on-demand manufacturing space. The reduced price target from Wedbush suggests some caution about Xometry's near-term performance, even as the analysts remain bullish on the company's long-term potential.

The details

In their research report, Wedbush analysts cited a number of factors behind the reduced price target, including increased competition in the on-demand manufacturing market and potential macroeconomic headwinds. However, the analysts still believe Xometry's technology-driven platform and expanding supplier network position the company well for future growth.

  • Wedbush published its updated research report on Xometry on Wednesday, February 28, 2026.

The players

Xometry

A technology-driven marketplace that connects businesses with on-demand manufacturing capacity across a wide array of processes, including CNC machining, 3D printing, and injection molding.

Wedbush

An investment research firm that covers Xometry and has lowered its price target for the company's stock.

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The takeaway

The reduced price target from Wedbush suggests some near-term caution about Xometry's performance, but the analysts remain optimistic about the company's long-term growth prospects in the on-demand manufacturing space as it continues to expand its technology platform and supplier network.