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New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
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Three Chinese corporate giants leaving NY stock exchange
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Will This Be the Worst U.S. Crisis Ever? (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
What Is WallStreetBets and What Stocks Are They Targeting?
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
Can You Guess Which EV Stock Is Beating Tesla ?
Closing prices for crude oil, gold and other commodities
Three Chinese corporate giants leaving NY stock exchange
New $2.2 Quadrillion Trend About To Open Up (Ad)pixel
Pipeline break spills 45,000 gallons of diesel in Wyoming
Wall Street builds on gains, heads for 4-week winning streak
Judge revives Obama-era ban on coal sales from federal lands
Will This Be the Worst U.S. Crisis Ever? (Ad)
NASDAQ:DOMO

Domo - DOMO Stock Forecast, Price & News

$33.97
+0.80 (+2.41%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.34
$34.30
50-Day Range
$23.78
$33.97
52-Week Range
$23.01
$98.35
Volume
172,982 shs
Average Volume
389,130 shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$68.60

Domo MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
101.9% Upside
$68.60 Price Target
Short Interest
Healthy
3.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.35
Upright™ Environmental Score
News Sentiment
0.69mentions of Domo in the last 14 days
Based on 16 Articles This Week
Insider Trading
Selling Shares
$287,050 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.21) to ($4.12) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Computer And Technology Sector

256th out of 659 stocks

Prepackaged Software Industry

79th out of 230 stocks

DOMO stock logo

About Domo (NASDAQ:DOMO) Stock

Domo, Inc. operates a cloud-based business intelligence platform in the United States, Japan, and internationally. Its platform digitally connects from the chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones. The company was formerly known as Domo Technologies, Inc. and changed its name to Domo, Inc. in December 2011. Domo, Inc. was incorporated in 2010 and is headquartered in American Fork, Utah.

Domo Stock Down 2.2 %

Shares of NASDAQ:DOMO traded down $0.73 during midday trading on Friday, reaching $33.17. The company's stock had a trading volume of 359,866 shares, compared to its average volume of 335,879. Domo has a fifty-two week low of $23.01 and a fifty-two week high of $98.35. The firm has a 50 day moving average price of $29.84 and a two-hundred day moving average price of $38.48.

Domo (NASDAQ:DOMO - Get Rating) last issued its earnings results on Thursday, May 26th. The company reported ($0.99) earnings per share for the quarter, missing analysts' consensus estimates of ($0.83) by ($0.16). The business had revenue of $74.50 million during the quarter, compared to analyst estimates of $74.10 million. The business's quarterly revenue was up 24.0% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.58) EPS. Equities research analysts predict that Domo will post -4.21 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Morgan Stanley lowered their price objective on Domo from $90.00 to $74.00 and set an "overweight" rating for the company in a research note on Thursday, May 19th. JMP Securities cut their price target on shares of Domo from $88.00 to $59.00 in a report on Friday, May 27th. Cowen decreased their price objective on Domo from $63.00 to $50.00 and set an "outperform" rating for the company in a report on Friday, July 1st. Finally, Cowen reduced their price target on Domo from $63.00 to $50.00 and set an "outperform" rating on the stock in a research report on Friday, July 1st. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $68.60.

Insider Buying and Selling at Domo

In other news, CEO John M. Mellor sold 6,788 shares of the stock in a transaction dated Wednesday, June 22nd. The shares were sold at an average price of $27.30, for a total transaction of $185,312.40. Following the transaction, the chief executive officer now owns 379,171 shares of the company's stock, valued at approximately $10,351,368.30. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Domo news, CEO John M. Mellor sold 6,788 shares of the business's stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of $27.30, for a total transaction of $185,312.40. Following the completion of the sale, the chief executive officer now owns 379,171 shares in the company, valued at approximately $10,351,368.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Catherine Wong sold 3,750 shares of the firm's stock in a transaction on Wednesday, June 22nd. The shares were sold at an average price of $27.13, for a total transaction of $101,737.50. Following the completion of the transaction, the chief operating officer now directly owns 299,027 shares in the company, valued at $8,112,602.51. The disclosure for this sale can be found here. Insiders own 10.85% of the company's stock.

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DOMO Stock News Headlines

Domo Achieves HITRUST Risk-based, 2-year Certification
Domo Named to 2022 SaaS Awards Shortlist
See More Headlines
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DOMO Company Calendar

Last Earnings
5/26/2022
Today
8/12/2022
Next Earnings (Confirmed)
8/25/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DOMO
Employees
917
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$68.60
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+101.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-102,110,000.00
Pretax Margin
-42.98%

Debt

Sales & Book Value

Annual Sales
$257.96 million
Book Value
($3.82) per share

Miscellaneous

Free Float
29,414,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
2.48

Key Executives

  • Ms. Carine Strom Clark (Age 58)
    Exec. Chairman
    Comp: $58.47k
  • Mr. Joshua G. James (Age 49)
    Founder
    Comp: $528.88k
  • Mr. Bruce C. Felt Jr. (Age 64)
    CPA, CPA, Chief Financial Officer
    Comp: $998.4k
  • Ms. Catherine Wong (Age 46)
    COO & Exec. VP of Engineering
    Comp: $1M
  • Mr. John F. Mellor (Age 55)
    CEO & Director
  • Mr. Daren Thayne
    Chief Technology Officer
  • Mr. Peter Caldwell Lowry
    VP of Investor Relations
  • Mr. Daniel E. Stevenson
    Chief Legal Officer
  • Ms. Julie Kehoe
    Chief Communications Officer
  • Mr. Jeff Skousen
    VP of Corp. Sales













DOMO Stock - Frequently Asked Questions

Should I buy or sell Domo stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 5 buy ratings for the stock. The consensus among Wall Street equities 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 2022?

5 Wall Street analysts have issued 12 month price targets for Domo's shares. Their DOMO share price forecasts range from $50.00 to $110.00. On average, they expect the company's stock price to reach $68.60 in the next year. This suggests a possible upside of 101.9% 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 2022?

Domo's stock was trading at $49.60 at the beginning of 2022. Since then, DOMO stock has decreased by 31.5% and is now trading at $33.97.
View the best growth stocks for 2022 here
.

When is Domo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our DOMO earnings forecast
.

How can I listen to Domo's earnings call?

Domo will be holding an earnings conference call on Thursday, August 25th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 647-362-9199 with passcode "41576".

How were Domo's earnings last quarter?

Domo, Inc. (NASDAQ:DOMO) released its earnings results on Thursday, May, 26th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.83) by $0.16. The company earned $74.50 million during the quarter, compared to the consensus estimate of $74.10 million. The company's quarterly revenue was up 24.0% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.58) EPS.

What guidance has Domo issued on next quarter's earnings?

Domo issued an update on its second quarter 2023 earnings guidance on Thursday, June, 23rd. The company provided EPS guidance of -$0.35--$0.31 for the period, compared to the consensus estimate of -$0.36. The company issued revenue guidance of $76.00 million-$77.00 million, compared to the consensus revenue estimate of $76.56 million.

What is Josh James' approval rating as Domo's CEO?

276 employees have rated Domo Chief Executive Officer Josh James on Glassdoor.com. Josh James has an approval rating of 91% among the company's employees. This puts Josh James in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

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 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 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 number of institutional and retail investors. Top institutional shareholders include abrdn plc (2.02%), Allspring Global Investments Holdings LLC (0.92%), Northern Trust Corp (0.90%), Renaissance Technologies LLC (0.77%), FMR LLC (0.65%) and Redwood Investments LLC (0.62%). Insiders that own company stock include Bruce C Jr Felt, Bruce C Jr Felt, Catherine Wong, Dana L Evan, John M Mellor, 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 $33.97.

How much money does Domo make?

Domo (NASDAQ:DOMO) has a market capitalization of $1.12 billion and generates $257.96 million in revenue each year. The company earns $-102,110,000.00 in net income (profit) each year or ($3.58) 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 8/13/2022 by MarketBeat.com Staff

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