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Matterport's Stock Is Down 17%, but There's Good News Today

There's value emerging in this beaten-up stock.

By Travis Hoium – Feb 22, 2024 at 6:15AM EST

Matterport (MTTR +0.00%) reported earnings this week, and the market didn't like what it saw. Revenue isn't growing as quickly as hoped, and the company is struggling to get to profitability.

But there's upside for investors in Matterport -- that's what Travis Hoium highlights in this video.

*Stock prices used were end-of-day prices of Feb. 21, 2024. The video was published on Feb. 21, 2024.

Read Next

About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in Airbnb, Apple, Matterport, and Zillow Group. The Motley Fool has positions in and recommends Airbnb, Apple, Matterport, and Zillow Group. 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.

Stocks Mentioned

Matterport Stock Quote
Matterport
NASDAQ: MTTR
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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