Xometry Watchlist

tz-plus logo Xometry: 40% Growth - AI Makes the Manufacturing Marketplace a Stock Market Star!

J. Meyer
Reading Time: 2 minutes

Xometry is one of the new leader stocks in the US tech sector at its 52-week high. The AI marketplace for manufacturing orders is growing and becoming more profitable. AI Drives Growth and Margins Xometry connects buyers with over 5,000 manufacturing partners. AI calculates prices, checks parts for manufacturability, and finds available capacities. In the third quarter, revenue increased by 40% to $252 million. Active buyers rose by 20% to 93,812, and revenue per buyer increased by 19%. The new platform facilitates reorders and accelerates quotes....

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