Desktop Metal, Inc. (NYSE:DM) focuses on additive manufacturing technologies, commonly known as 3D printing. It provides innovative solutions across various industries such as automotive, aerospace, and healthcare. Currently, DM is trading at $2.04, with a target price of $2.44, suggesting a growth potential of approximately 19.69%.
In the competitive landscape, HP Inc. (NYSE:HPQ) stands out as a significant peer. HPQ is trading at $27.91, with a discounted cash flow (DCF) valuation of $40.73, indicating a potential upside of 45.93%. This makes HPQ an attractive option for investors looking for substantial growth in the tech and manufacturing sectors.
HP Inc. is a well-established company known for its personal computing and printing products. It boasts a market cap of approximately $26.31 billion and a price-to-earnings (P/E) ratio of 12.53. This positions HPQ as a strong competitor in the market, offering a higher target price change compared to DM.
While Desktop Metal shows promising growth potential, HP Inc.'s higher target price change and established market presence make it a compelling choice for investors. Both companies offer unique opportunities in the tech and manufacturing sectors, catering to different investor preferences.
Symbol | Price | %chg |
---|---|---|
7751.T | 4698 | 1.13 |
005070.KS | 37650 | -0.93 |
2382.TW | 234 | 4.06 |
6724.T | 2364.5 | -0.93 |