Mttr stock price over the past month

Over the past month, MTTR stock price has climbed roughly 8.4%, outperforming the NASDAQ Composite’s 5.1% gain. Technical analysts point to the stock breaking above its 50-day moving average, a level now acting as near-term support at $6. Following the latest results, Matterport's seven analysts are now forecasting revenues of US$176.4m in 2024. This would be a solid 12% improvement in revenue compared to the last 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 24% to US$0.49. Before this earnings announcement, the analysts had been modelling revenues of US$177.7m and losses of US$0.53 per share in 2024. It looks like there's been a modest increase in sentiment in the recent updates, with the analysts becoming a bit more optimistic in their predictions for losses per share, even though the revenue numbers were unchanged. Based on MTTR’s current price, Matterport has a market capitalization of around $4.4 billion. Matterport expects revenue of $123 million in 2021 and $747.3 million in 2025, which means 2021 and 2025 price-to-sales multiples of 35.8x and 5.9x, respectively. Matterport expects to be EBITDA positive in 2024 and expects to post an EBITDA of $78.5 million in 2025, which would mean a 2025 EV-to-EBITDA multiple of 43.3x. MTTR stock price correlation with the NASDAQ 100 has weakened in recent weeks, reflecting more company-specific catalysts driving moves rather than purely macro factors.