NASDAQ:DOMO Domo (DOMO) Stock Forecast, Price & News $14.44 +0.39 (+2.78%) (As of 03:16 PM ET) Add Compare Share Share Today's Range$13.92▼$15.0550-Day Range$12.35▼$17.2952-Week Range$11.35▼$35.43Volume453,973 shsAverage Volume668,914 shsMarket Capitalization$503.09 millionP/E RatioN/ADividend YieldN/APrice Target$22.40 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Domo MarketRank™ ForecastAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside53.2% Upside$22.40 Price TargetShort InterestHealthy5.15% of Float Sold ShortDividend StrengthN/ASustainability-1.47Upright™ Environmental ScoreNews Sentiment0.45Based on 9 Articles This WeekInsider TradingAcquiring Shares$8.49 M Bought Last QuarterProj. Earnings GrowthGrowingFrom ($2.12) to ($1.44) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.30 out of 5 starsComputer And Technology Sector201st out of 614 stocksPrepackaged Software Industry47th out of 213 stocks 3.4 Analyst's Opinion Consensus RatingDomo has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $22.40, Domo has a forecasted upside of 53.2% from its current price of $14.62.Amount of Analyst CoverageDomo has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.15% of the float of Domo has been sold short.Short Interest Ratio / Days to CoverDomo has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Domo has recently decreased by 2.03%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldDomo does not currently pay a dividend.Dividend GrowthDomo does not have a long track record of dividend growth. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreDomo has received a 14.34% net impact score from Upright. The largest positive contribution comes from its "Creating knowledge" impact, which is driven by its "Enterprise systems integration software" product. See details.Environmental SustainabilityThe Environmental Impact score for Domo is -1.47. Previous Next 1.9 News and Social Media Coverage News SentimentDomo has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Domo this week, compared to 5 articles on an average week.Search InterestOnly 14 people have searched for DOMO on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Domo to their MarketBeat watchlist in the last 30 days. This is a decrease of -83% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Domo insiders have bought 7,664.58% more of their company's stock than they have sold. Specifically, they have bought $8,492,039.00 in company stock and sold $109,369.00 in company stock.Percentage Held by Insiders12.77% of the stock of Domo is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions71.40% of the stock of Domo is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Domo are expected to grow in the coming year, from ($2.12) to ($1.44) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Domo is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Domo is -5.20, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Domo (NASDAQ:DOMO) StockDomo, Inc. designs, develops, and markets executive management software solutions. It offers customized software tools for business operations, customer relationship management, human resources, and financial reporting. The company was founded by Joshua G. James in September 2010 and is headquartered in American Fork, UT.Read More Receive DOMO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Domo and its competitors with MarketBeat's FREE daily newsletter. Email Address DOMO Stock News HeadlinesJune 3, 2023 | americanbankingnews.comDomo, Inc. (NASDAQ:DOMO) Director Buys $677,710.00 in StockJune 1, 2023 | finance.yahoo.comDomo and HungerRush to Host Webinar on the Power of Data in MarketingJune 6, 2023 | Edge On The Street (Ad)Is There Still Time to Get In On the Lithium Boom?"Lithium demand from the electric vehicle (EV) industry is growing at twice the rate of lithium production. By 2030, experts predict that 26 million EVs will be on U.S. roads, up from around 600,000 today. That's why new government incentives have been put in place to support more urgently-needed "Made in America" lithium.May 31, 2023 | americanbankingnews.comDomo (NASDAQ:DOMO) Issues Q2 2024 Earnings GuidanceMay 31, 2023 | americanbankingnews.comDomo (NASDAQ:DOMO) Releases FY 2024 Earnings GuidanceMay 27, 2023 | americanbankingnews.comDomo (NASDAQ:DOMO) Price Target Cut to $20.00May 27, 2023 | nasdaq.comLake Street Maintains Domo Inc. - Class B (DOMO) Buy RecommendationMay 27, 2023 | msn.comJMP Securities Reiterates Domo Inc. - Class B (DOMO) Market Outperform RecommendationJune 6, 2023 | Edge On The Street (Ad)Soaring EV Industry Keeps Investor Focus on LithiumThe need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.May 26, 2023 | msn.comWhere Domo Stands With AnalystsMay 26, 2023 | markets.businessinsider.comDomo (DOMO) Receives a Hold from Morgan StanleyMay 26, 2023 | markets.businessinsider.comDomo Shares Down Despite Improved ResultsMay 26, 2023 | finance.yahoo.comQ1 2024 Domo Inc Earnings CallMay 26, 2023 | finance.yahoo.comDomo to Participate in Upcoming Investor ConferencesMay 26, 2023 | americanbankingnews.comDomo (NASDAQ:DOMO) Posts Earnings ResultsMay 26, 2023 | markets.businessinsider.comDomo (DOMO) Gets a Buy from JMP SecuritiesMay 26, 2023 | finance.yahoo.comDomo (DOMO) Q1 2024 Earnings Call TranscriptMay 25, 2023 | finance.yahoo.comDomo Announces First Quarter Fiscal 2024 Financial ResultsMay 25, 2023 | seekingalpha.comDomo Non-GAAP EPS of -$0.17 in-line, revenue of $79.46M beats by $0.59MMay 25, 2023 | msn.comDomo stock drops nearly 7% after mixed Q1 resultsMay 25, 2023 | theglobeandmail.comDomo's (NASDAQ:DOMO) Posts Q1 Sales In Line With Estimates But Quarterly Guidance UnderwhelmsMay 24, 2023 | msn.comDomo Q1 2024 Earnings PreviewMay 24, 2023 | msn.comDomo Earnings PreviewMay 24, 2023 | americanbankingnews.comDomo (DOMO) Scheduled to Post Earnings on ThursdayMay 23, 2023 | finance.yahoo.comDomo CMO Wendy Steinle Honored as a Utah Business 30 Women to WatchMay 17, 2023 | finance.yahoo.comShareholders in Domo (NASDAQ:DOMO) are in the red if they invested a year agoMay 15, 2023 | marketwatch.comBiaxially Oriented Polyamide (BOPA) Films Market in 2023: Insights and Strategies | 2031See More Headlines DOMO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DOMO Company Calendar Last Earnings5/25/2023Today6/06/2023Next Earnings (Estimated)8/24/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:DOMO CUSIPN/A CIK1505952 Webwww.domo.com Phone(801) 899-1000Fax801-805-9501Employees917Year FoundedN/APrice Target and Rating Average Stock Price Forecast$22.40 High Stock Price Forecast$30.00 Low Stock Price Forecast$16.00 Forecasted Upside/Downside+59.5%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)($2.81) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-105,550,000.00 Net Margins-30.95% Pretax Margin-33.82% Return on EquityN/A Return on Assets-41.79% Debt Debt-to-Equity RatioN/A Current Ratio0.68 Quick Ratio0.68 Sales & Book Value Annual Sales$308.64 million Price / Sales1.59 Cash FlowN/A Price / Cash FlowN/A Book Value($4.20) per share Price / Book-3.34Miscellaneous Outstanding Shares34,840,000Free Float30,390,000Market Cap$489.33 million OptionableOptionable Beta2.16 Key ExecutivesJoshua G. JamesChief Executive Officer & DirectorDavid JolleyChief Financial OfficerDaren ThayneChief Technology Officer & EVP-EngineeringSuyesh KarkiChief Information Security OfficerChris WillisChief Design OfficerKey CompetitorsCS DiscoNYSE:LAWAmerican SoftwareNASDAQ:AMSWAWeave CommunicationsNYSE:WEAVON24NYSE:ONTFMaterialiseNASDAQ:MTLSView All CompetitorsInsiders & InstitutionsDaniel David Daniel IIIBought 50,500 shares on 5/31/2023Total: $677,710.00 ($13.42/share)Capital Impact Advisors LLCBought 4,017 shares on 5/23/2023Ownership: 0.050%Ameriprise Financial Inc.Bought 452,751 shares on 5/22/2023Ownership: 2.814%Putnam Investments LLCBought 14,348 shares on 5/22/2023Ownership: 0.288%JPMorgan Chase & Co.Bought 81,699 shares on 5/18/2023Ownership: 0.330%View All Insider TransactionsView All Institutional Transactions DOMO Stock - Frequently Asked Questions Should I buy or sell Domo stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" DOMO shares. View DOMO analyst ratings or view top-rated stocks. What is Domo's stock price forecast for 2023? 5 analysts have issued 12 month target prices for Domo's shares. Their DOMO share price forecasts range from $16.00 to $30.00. On average, they predict the company's share price to reach $22.40 in the next year. This suggests a possible upside of 59.5% from the stock's current price. View analysts price targets for DOMO or view top-rated stocks among Wall Street analysts. How have DOMO shares performed in 2023? Domo's stock was trading at $14.24 at the beginning of 2023. Since then, DOMO stock has decreased by 1.4% and is now trading at $14.0450. View the best growth stocks for 2023 here. When is Domo's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023. View our DOMO earnings forecast. How were Domo's earnings last quarter? Domo, Inc. (NASDAQ:DOMO) issued its quarterly earnings results on Thursday, May, 25th. The company reported ($0.17) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.17). The firm had revenue of $79.46 million for the quarter, compared to analysts' expectations of $78.87 million. The company's revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.99) earnings per share. What ETFs hold Domo's stock? ETFs with the largest weight of Domo (NASDAQ:DOMO) stock in their portfolio include iShares Robotics and Artificial Intelligence Multisector ETF (IRBO), SPDR S&P Software & Services ETF (XSW), ProShares Big Data Refiners ETF (DAT), iShares U.S. Small Cap Equity Factor ETF (SMLF) and Wedbush ETFMG Global Cloud Technology ETF (IVES).Pacer Data and Digital Revolution ETF (TRFK). What guidance has Domo issued on next quarter's earnings? Domo issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 31st. The company provided earnings per share (EPS) guidance of -$0.11--$0.07 for the period, compared to the consensus estimate of -$0.10. The company issued revenue guidance of $78.50 million-$79.50 million, compared to the consensus revenue estimate of $79.73 million. What is John Mellor's approval rating as Domo's CEO? 19 employees have rated Domo Chief Executive Officer John Mellor on Glassdoor.com. John Mellor has an approval rating of 91% among the company's employees. This puts John Mellor in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 91.0% of employees surveyed would recommend working at Domo to a friend. What other stocks do shareholders of Domo own? Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), Micron Technology (MU), Block (SQ), Shopify (SHOP), PayPal (PYPL), Netflix (NFLX), Roku (ROKU) and Trade Desk (TTD). When did Domo IPO? (DOMO) raised $189 million in an IPO on Friday, June 29th 2018. The company issued 9,200,000 shares at $19.00-$22.00 per share. Morgan Stanley, Allen & Company, Credit Suisse and UBS Securities served as the underwriters for the IPO and William Blair, JMP Securities and Cowen were co-managers. What is Domo's stock symbol? Domo trades on the NASDAQ under the ticker symbol "DOMO." Who are Domo's major shareholders? Domo's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.66%), Ameriprise Financial Inc. (2.81%), State Street Corp (2.59%), Granahan Investment Management LLC (2.22%), Geode Capital Management LLC (1.72%) and Renaissance Technologies LLC (1.67%). Insiders that own company stock include Bruce C Jr Felt, Bruce C Jr Felt, Catherine Wong, Dana L Evan, Daniel David Daniel III, Daren Thayne, David R Jolley, John M Mellor, John R Pestana, Joshua G James and Joy Driscoll Durling. View institutional ownership trends. How do I buy shares of Domo? Shares of DOMO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Domo's stock price today? One share of DOMO stock can currently be purchased for approximately $14.05. How much money does Domo make? Domo (NASDAQ:DOMO) has a market capitalization of $489.33 million and generates $308.64 million in revenue each year. The company earns $-105,550,000.00 in net income (profit) each year or ($2.81) on an earnings per share basis. How many employees does Domo have? The company employs 917 workers across the globe. How can I contact Domo? Domo's mailing address is 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003. The official website for the company is www.domo.com. The company can be reached via phone at (801) 899-1000, via email at ir@domo.com, or via fax at 801-805-9501. This page (NASDAQ:DOMO) was last updated on 6/6/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Domo, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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