Xometry launches mobile app for manufacturing partners

NORTH BETHESDA, Md. - Xometry, Inc. (NASDAQ:XMTR), a $2.67 billion market cap AI-powered manufacturing marketplace that has seen its stock surge over 200% in the past year, released a new Workcenter Mobile App for suppliers within its manufacturing partner network, according to a company press release issued Thursday.

The app allows manufacturing partners to manage job offers, production workflows and shop performance from their smartphones, extending the functionality of Xometry’s desktop Workcenter platform launched in 2022.

The mobile application provides access to Xometry’s job board and enables partners to handle quote-to-cash operations without needing to step away from the shop floor.

"Xometry’s Workcenter Mobile is changing the game for suppliers in our partner network, who no longer have to step away from the shop floor to keep their businesses moving," said Vaidy Raghavan, CTO at Xometry.

The company states the app includes features for job management, real-time communication through push notifications, and tools for capturing photos and signatures directly from mobile devices.

Brian Lahoud, President at Axion Labs and a Xometry partner, commented on the application’s interface, noting that "the Job Board and Job Management pages are incredibly useful, and the Workcenter Mobile’s clean, fast UI makes it easy to stay on top of everything."

The application is now available for download on both the Apple App Store and Google Play.

Xometry operates an AI-powered marketplace that connects buyers with suppliers of custom manufacturing services. The company is publicly traded on the Nasdaq exchange.

In other recent news, Xometry Inc. reported a strong second quarter of 2025, with earnings per share reaching $0.09, more than doubling the forecast of $0.0439. The company’s revenue also outperformed expectations, totaling $163 million against a forecast of $156.49 million. This robust performance led to several analysts revising their price targets for the company. JPMorgan increased its price target to $55 from $38, citing strong marketplace growth with a 26% year-over-year increase in revenue. UBS raised its price target to $40 from $35, maintaining a Neutral rating due to the strong quarterly results. Citizens JMP also adjusted its price target to $50 from $45, maintaining a Market Outperform rating, highlighting the financial results that exceeded guidance. Additionally, JMP reiterated its $50 price target, emphasizing the importance of artificial intelligence as a growth driver for Xometry’s business. These developments reflect a positive outlook from analysts following the company’s impressive earnings performance.

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