Why Xometry, Inc. (XMTR) Is Among the Best 3D Printing and Additive Manufacturing Stocks to Buy?

In the dynamic world of 3D printing and additive manufacturing, one company has been making waves with its impressive financial performance and strategic growth: Xometry, Inc. (XMTR). With a strong focus on software-driven pricing and a growing customer base, Xometry has positioned itself as a top contender in the industry. Let's delve into the reasons why Xometry is among the best stocks to consider in this innovative sector.



1. Software-Driven Pricing Strategy: Xometry's software provides instant pricing for customers seeking manufacturing services, allowing the company to outsource work to small shops. This strategy has proven to be effective, as evidenced by the company's improving gross margin for its marketplace business. By continuously refining its software and pricing algorithms, Xometry can maintain its competitive edge and attract more customers.
2. Growing Customer Base: Xometry's active buyer base has been expanding rapidly, with a 24% year-over-year increase to nearly 65,000 in Q3 2024. This growth is a testament to the company's ability to attract and retain customers, driven by its software pricing strategy and improving gross margins. As the customer base continues to grow, Xometry's revenue and market share are likely to follow suit.
3. Financial Sustainability: Xometry's financial performance has been nothing short of impressive. The company reported revenue of $142 million in Q3 2024, up 19% year over year and well ahead of management's guidance. Moreover, Xometry expects to achieve an adjusted EBITDA profit in Q4 2024, marking a significant milestone for the company. This financial sustainability, coupled with its strong revenue growth, positions Xometry as a solid investment opportunity in the 3D printing and additive manufacturing market.



In conclusion, Xometry, Inc. (XMTR) is among the best 3D printing and additive manufacturing stocks to buy due to its software-driven pricing strategy, growing customer base, and financial sustainability. As the company continues to refine its software and attract more customers, it is well-positioned to maintain and even expand its market share in the long term. Investors seeking exposure to the innovative and rapidly growing 3D printing and additive manufacturing sector should consider adding Xometry to their portfolios.