M) is trading at $2.04 with a target price of $2.44, indicating a growth potential of approximately 19.69%.M">Desktop Metal, Inc. (NYSEM) 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.
