Is Matterport Stock a Buy Now?

By Travis Hoium – Aug 17, 2023 at 7:15AM

NASDAQ: MTTR

Matterport

Market Cap

$1B

Today's Change

(0.85%) $0.04

Current Price

$4.72

Price as of April 26, 2024, 4:00 p.m. ET

Matterport's growth isn't what the market hoped for, but there's plenty of time to improve execution.

Matterport (MTTR 0.85%) continues to grow its subscriber base and revenue, but the market hasn't been pleased with the pace of the company's improvement. In this video, Travis Hoium covers the latest quarter and what we should be looking for over the long term.

*Stock prices used were end-of-day prices of Aug. 12, 2023. The video was published on Aug. 15, 2023.

Travis Hoium has positions in Matterport. The Motley Fool has positions in and recommends Matterport. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.