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XMTR Xometry, Inc.

Current Share Price:

Culper Research
Initial Report Date（2023/01/24）Share Price:29.190

Xometry, Inc. (XMTR): the Pets.com of Manufacturing

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We are short Xometry, Inc. (“Xometry”, “XMTR”, “the Company), a 2021 IPO and holdover from the era of VC fueled delusions of grandeur. We think Xometry’s unviable business case is unraveling, and we expect shares to trade lower as the Company’s manufactured narratives crumble.

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