Domo Stock Price, Forecast & Analysis (NASDAQ:DOMO)

Domo trades on the NASDAQ under the ticker symbol "DOMO."

Domo Inc (NASDAQ:DOMO) announced its quarterly earnings results on Thursday, September, 5th. The company reported ($0.96) EPS for the quarter, topping the Zacks' consensus estimate of ($1.23) by $0.27. The business had revenue of $41.70 million for the quarter, compared to analysts' expectations of $41.68 million. Domo had a negative return on equity of 403.37% and a negative net margin of 81.35%. The business's quarterly revenue was up 21.6% on a year-over-year basis. During the same period in the previous year, the firm earned ($3.44) EPS. View Domo's Earnings History.

Domo is scheduled to release their next quarterly earnings announcement on Thursday, December 5th 2019. View Earnings Estimates for Domo.

Domo will be holding an earnings conference call on Thursday, December 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Domo updated its FY20 earnings guidance on Thursday, September, 5th. The company provided earnings per share guidance of ($4.10)-($4.00) for the period, compared to the Thomson Reuters consensus estimate of ($3.82). The company issued revenue guidance of $168-$169 million, compared to the consensus revenue estimate of $173.57 million.

6 brokers have issued twelve-month target prices for Domo's shares. Their forecasts range from $18.00 to $37.00. On average, they expect Domo's share price to reach $26.83 in the next year. This suggests a possible upside of 57.6% from the stock's current price. View Analyst Price Targets for Domo.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Domo.

Press coverage about DOMO stock has trended negative recently, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Domo earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near term. View News Stories for Domo.

Domo saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 3,490,000 shares, a decline of 12.5% from the September 30th total of 3,990,000 shares. Based on an average daily trading volume, of 802,800 shares, the short-interest ratio is presently 4.3 days. Currently, 18.6% of the company's shares are sold short. View Domo's Current Options Chain.

Some companies that are related to Domo include Pagerduty (PD), Zuora (ZUO), MicroStrategy (MSTR), Ping Identity (PING), Cision (CISN), 2U (TWOU), Bandwidth (BAND), Opera (OPRA), Talend (TLND), Sapiens International (SPNS), 3D Systems (DDD), Cango (CANG), Secureworks (SCWX), QAD (QADA) and Materialise (MTLS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Micron Technology (MU), Square (SQ), Intel (INTC), Netflix (NFLX), Canopy Growth (CGC), Shopify (SHOP), Adobe (ADBE) and Advanced Micro Devices (AMD).

(DOMO) raised $189 million in an initial public offering 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 acted as the underwriters for the IPO and William Blair, JMP Securities and Cowen were co-managers.

Domo's stock is owned by a variety of of institutional and retail investors. Top institutional investors include First Trust Advisors LP (4.78%), Cerity Partners LLC (0.11%), Edge Wealth Management LLC (0.10%), Tower Research Capital LLC TRC (0.02%) and FinTrust Capital Advisors LLC (0.01%). Company insiders that own Domo stock include Bruce C Jr Felt, Catherine Wong and Joshua G James. View Institutional Ownership Trends for Domo.

DOMO stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Edge Wealth Management LLC, Tower Research Capital LLC TRC , Cerity Partners LLC and FinTrust Capital Advisors LLC. Company insiders that have bought Domo stock in the last two years include Bruce C Jr Felt and Joshua G James. View Insider Buying and Selling for Domo.

Shares of DOMO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of DOMO stock can currently be purchased for approximately $17.03.

Domo has a market capitalization of $468.39 million and generates $142.46 million in revenue each year. The company earns $-154,310,000.00 in net income (profit) each year or ($9.43) on an earnings per share basis. Domo employs 761 workers across the globe.View Additional Information About Domo.

The official website for Domo is http://www.domo.com/.

Domo's mailing address is 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003. The company can be reached via phone at 801-899-1000 or via email at [email protected]