Digital twin platform Matterport has agreed to be acquired by one of its customers, CoStar, in a cash-and-stock deal of $5.50 per share that gives it an enterprise valuation of about $1.6 billion.
Matterport Inc (NASDAQ:MTTR) shares are trading higher Monday after the company announced a deal to be acquired by online real estate marketplace provider CoStar Group. What Happened: Matterport has ...
Deutsche Bank recently initiated coverage of MTTR stock with a “buy” rating and a price target of $14. The price target represents upside of more than 50% from current prices. Analyst Bhavin Shah ...
Matterport, Inc. fell off investors' radars after the buyout agreement with CoStar Group, but the recent stock slump offers a large deal premium. The CoStar deal values Matterport at $2.1 billion, ...
SUNNYVALE, Calif., April 22, 2024 (GLOBE NEWSWIRE) -- Matterport, Inc. (NASDAQ: MTTR), The spatial data company leading the digital transformation of the built world, announced today that it has ...
Matterport is a spatial data company focused on providing 3D floor plans and the cameras and other technology needed to create them for the real estate, construction, and hospitality industries. The ...
Berenberg Bank analyst Justin Ages maintained a Buy rating on Matterport (MTTR - Research Report) yesterday and set a price target of $8.00. The companys shares opened today at $3.43. Ages covers the ...
Matterport's stock has declined over 90% since reaching a high in 2021, raising questions about its profitability and competition in the market. The company's current moat of easy-to-use 3D tours and ...
CoStar Group (NASDAQ: CSGP), the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (NASDAQ: MTTR), a virtual tour software platform, for an enterprise value ...
Matterport agreed to be bought out for $5.50 per share by Costar. The deal is expected to close in late 2024. CoStar is buying Matterport for a whopping $5.50 per share, which compares to the closing ...
Matterport, Inc. (NASDAQ:MTTR) shares are trading lower Wednesday after the company reported worse-than-expected fourth-quarter sales results and issued guidance. Matterport reported its ...
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