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With the ongoing war in Ukraine, lockdowns in China, and persistently high commodity prices, many economists predict that the supply chain crisis will last at least until the end of 2022, and probably well into 2023. In
Desktop Metal: Printing The Supply Chain Shortages Away
Summary
- Desktop Metal is set for growth as it helps solve current supply chain woes by disrupting the current manufacturing industry.
- The company has steadily increased gross margins QoQ, paving the path toward future profitability.
- Management is looking to achieve a double-digit market share in the Additive Manufacturing market by 2030. The market is worth an estimated US$100BN+, so Desktop Metal is hoping for revenue of at least $10BN.
- In the long term, there appears to be significant potential, with aggressive revenue growth compared to its industry peers.
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Analyst’s Disclosure:I/we have a beneficial long position in the shares of DM, MKFG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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