Xometry IncXMTR
Price$102.85Intrinsic value$72.8829% below price

Qualitative Analysis

Business overview

Business Overview

Xometry, Inc. (NASDAQ: XMTR) operates a leading, AI-native online marketplace that digitizes the pricing, sourcing, and fulfillment of custom-manufactured parts and assemblies globally. By leveraging its proprietary Instant Quoting Engine, Xometry analyzes CAD file geometries in real time to generate binding prices and lead times, seamlessly connecting enterprise buyers with a vast, decentralized network of manufacturing suppliers. The company operates through two primary segments: U.S. and International, offering diverse manufacturing processes such as CNC machining, injection molding, sheet metal fabrication, and industrial 3D printing. Xometry also owns Thomasnet, a major industrial sourcing and marketing platform.

Research as of 19 Jun 2026

Strategic Initiatives

Growth programs, investments, and their expected impact

AI-assisted
Siemens Xcelerator IntegrationGrowth

A strategic partnership to embed Xometry's AI-native pricing, manufacturability feedback, and sourcing intelligence directly into Siemens' Xcelerator industrial software ecosystem.

Expected impact: Collapses customer acquisition costs and unlocks access to Siemens' base of over 1 million monthly active design engineers.

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InvestmentSiemens invested approximately $50 million in Xometry Class A common stock as part of the partnership.
TimelineAnnounced in May 2026, with ongoing integration and rollout.
Injection Molding Platform EnhancementsInnovation

Expanding the auto-quotable materials catalog to include high-performance, glass-filled polymers (like Nylon and PSU) and integrating on-demand Design for Manufacturability (DFM) consultations.

Expected impact: Dismantles friction points in high-volume production, broadening reach into demanding sectors like automotive, aerospace, and medical devices.

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InvestmentPart of ongoing software-related capital expenditures.
TimelineAnnounced and launched in June 2026.
Enterprise Machining Lead Time ModelEfficiency

Introducing a new enterprise machining lead time model and enhanced personalized pricing logic into the Instant Quoting Engine.

Expected impact: Significantly enhances predictive intelligence and pricing accuracy, driving deeper enterprise engagement and higher marketplace gross margins.

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InvestmentPart of the $10.6 million software-related CapEx in Q1 2026.
TimelineLaunched in Q1 2026.
Sources: 2

Mergers, Acquisitions & Partnerships

Recent deals and strategic collaborations

AI-assisted

Strategic Partnerships

SiemensStrategic Integration & Equity Investment

Natively embeds Xometry's sourcing layer into Siemens' design tools, allowing engineers to order custom parts directly within their workflow.

Terms: Siemens purchased approximately $50 million of Xometry Class A common stock.

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Sources: 1
AI-assisted, source-linked narrative; figures from company filings (SEC EDGAR) and market data. Dates shown per section. Not investment advice. Terms of Use.