NASDAQ:DOMO - Domo Stock Price, Forecast & News

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

Domo Inc (NASDAQ:DOMO) released its quarterly earnings data on Thursday, December, 5th. The company reported ($0.85) earnings per share for the quarter, topping analysts' consensus estimates of ($1.01) by $0.16. The company had revenue of $44.80 million for the quarter, compared to analysts' expectations of $41.81 million. Domo had a negative net margin of 75.42% and a negative return on equity of 616.37%. The firm's revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the company earned ($1.06) earnings per share. View Domo's Earnings History.

Domo is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Domo.

Domo issued an update on its fourth quarter earnings guidance on Thursday, December, 5th. The company provided EPS guidance of ($0.98)-(0.94) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.98). The company issued revenue guidance of $45-46 million, compared to the consensus revenue estimate of $43.90 million.

6 brokerages have issued 12 month price targets for Domo's shares. Their forecasts range from $18.00 to $37.00. On average, they expect Domo's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 16.6% 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.

Media headlines about DOMO stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Domo earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View News Stories for Domo.

Domo saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 3,490,000 shares, a decline of 12.5% from the October 31st total of 3,990,000 shares. Based on an average daily trading volume, of 802,800 shares, the days-to-cover ratio is currently 4.3 days. Approximately 18.6% of the shares of the company are sold short. View Domo's Current Options Chain.

Some companies that are related to Domo include BOX (BOX), LivePerson (LPSN), Tenable (TENB), Varonis Systems (VRNS), Altair Engineering (ALTR), CommVault Systems (CVLT), Sailpoint Technologies (SAIL), Bottomline Technologies (EPAY), AlarmCom (ALRM), Workiva (WK), Fastly (FSLY), SPS Commerce (SPSC), Carbon Black (CBLK), Progress Software (PRGS) and Instructure (INST).

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), Netflix (NFLX), Intel (INTC), Shopify (SHOP), Canopy Growth (CGC), 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 a price of $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.

Domo's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Sylebra Capital Ltd (9.84%), First Trust Advisors LP (4.78%), State Street Corp (1.24%), Squarepoint Ops LLC (0.43%), Voloridge Investment Management LLC (0.19%) and Barclays PLC (0.15%). 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 sold by a variety of institutional investors in the last quarter, including State Street Corp. View Insider Buying and Selling for Domo.

DOMO stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Sylebra Capital Ltd, Squarepoint Ops LLC, Edge Wealth Management LLC, Barclays PLC, Voloridge Investment Management LLC, Tower Research Capital LLC TRC and Cerity Partners 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 $24.44.

Domo has a market capitalization of $672.10 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]