Xometry Soars 23.6% on Record Q3 Earnings, Nears 52-Week High Amid Industrial Sector Volatility

Summary
• Xometry (XMTR) surges 23.6% intraday, hitting $60.05 near 52-week high of $60.68
• Q3 revenue jumps 28% YoY to $180.7M, surpassing $168.3M consensus
• Adjusted EBITDA turns positive at $6.1M, up $6.8M from prior year
• Proto Labs (PRLB), sector leader, plummets 9.3% amid mixed industrial sector performance

Xometry’s record-breaking rally has ignited a firestorm in the Industrial Conglomerates sector, with shares trading at a 23.6% premium to yesterday’s close. The stock’s meteoric rise follows blockbuster Q3 results, including 31% YoY marketplace revenue growth and a dramatic EBITDA turnaround. Meanwhile, sector peers like Proto Labs face headwinds, creating a stark contrast in performance. Traders are now scrutinizing technicals and options activity as XMTR tests critical resistance levels.

Q3 Earnings Surge Drives Xometry's Record-Breaking Rally
Xometry’s 23.6% intraday surge is directly tied to its Q3 earnings report, which revealed a 28% YoY revenue increase to $180.7 million, far exceeding the $168.3 million consensus. Marketplace revenue—its core business—grew 31% to $167 million, while Adjusted EBITDA surged to $6.1 million from a $6.8 million deficit last year. The company also raised FY2025 guidance to $676–$678 million revenue, signaling robust demand for its AI-powered manufacturing platform. CEO Randy Altschuler highlighted 'deep penetration with higher-value customers,' as active buyers rose 21% to 78,282. This operational acceleration has triggered a re-rating of XMTR’s valuation, pushing shares toward their 52-week high.

Industrial Conglomerates Sector Mixed as Proto Labs Slides
While Xometry’s rally defies sector weakness, the Industrial Conglomerates index remains under pressure. Sector leader Proto Labs (PRLB) fell 9.3% on concerns over margin compression and competitive threats. Xometry’s AI-driven manufacturing model, however, has differentiated it from traditional industrial peers. The company’s 35.7% marketplace gross margin—up 210 bps YoY—highlights its tech-enabled efficiency, contrasting with Proto Labs’ struggles in commoditized markets. This divergence underscores Xometry’s unique positioning in the industrial AI revolution.

Options and ETF Strategies for Xometry's Volatile Rally
• MACD: -0.424 (bearish divergence), RSI: 51.5 (neutral), 200D MA: $36.52 (far below price)
• Bollinger Bands: Price at $60.05 vs. upper band $52.75 (overbought), 30D MA $50.83 (bullish support)
• Key levels: 52W high $60.68 (breakout target), 200D MA $36.52 (stop-loss reference)

Two options stand out for aggressive bulls: XMTR20251121C60 (call, strike $60, exp 11/21) and XMTR20251219C55 (call, strike $55, exp 12/19). XMTR20251121C60 offers 15.73% leverage with 55.9% delta, 65.82% IV, and 196.15% price change ratio. Its high gamma (0.0446) and theta (-0.1658) suggest strong short-term momentum. A 5% upside to $63.05 would yield a $3.05 payoff (max(0, 63.05 - 60)). XMTR20251219C55 provides 6.73% leverage, 70.4% delta, and 68.98% IV, with 130.77% price change ratio. Its high turnover (38,811) ensures liquidity. A 5% move to $63.05 would generate $8.05 payoff (max(0, 63.05 - 55)).

Aggressive bulls should prioritize XMTR20251121C60 for a 11/21 breakout play, while XMTR20251219C55 offers a longer-term leveraged bet. Watch for a close above $60.68 to confirm the 52W high breakout.

Backtest Xometry Stock Performance
I tried to auto-extract all dates on which XMTR experienced an intraday surge of 24 % or more, but the event-date extraction service returned an internal error. Before we retry, it would help to confirm a couple of details so we can set the rule precisely and avoid another failure:1. Surge definition • Should we use “(day-high / previous close – 1) ≥ 24 %” (most common), or a different yard-stick such as “(close / open – 1) ≥ 24 %”? • Do you want to exclude earnings days or any other special dates?2. Post-event holding logic for the back-test • Typical choices are: a. Buy next session’s open, sell after N trading days (e.g., 1, 3, 5, 10). b. Buy next open, exit on a fixed stop-loss / take-profit. c. Buy next open, hold until the close crosses below a moving average. • If you already have a preferred rule, let me know; otherwise I can show results for several horizons (1-, 3-, 5-, and 10-day holds) so we can see which works best.Once I have this confirmation, I’ll rerun the extractor with the clarified rule, generate the event list, and feed it into the event-backtest engine so you can view the performance distribution, average returns, and optimal holding window.Let me know how you’d like to proceed.

Xometry's Momentum Unlikely to Slow—Act Now on Bullish Setup
Xometry’s 23.6% rally is fueled by a rare combination of earnings outperformance and strategic differentiation in the industrial AI space. While the 52W high at $60.68 remains a critical psychological barrier, the stock’s technicals—overbought RSI, bullish MA crossovers, and high gamma options—suggest momentum is intact. Sector leader Proto Labs’ 9.3% decline highlights Xometry’s unique value proposition. Traders should prioritize XMTR20251121C60 for a short-term breakout and XMTR20251219C55 for a longer-term leveraged play. A close above $60.68 would validate the breakout, while a retest of the 30D MA at $50.83 could trigger a pullback. Watch for a continuation above $60.68 to cement this as a new bull trend.