NASDAQ:DOMODomo Stock Price, Forecast & News

Domo's stock was trading at $12.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DOMO shares have increased by 189.9% and is now trading at $35.63. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Domo.

Domo is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Domo.

Domo Inc (NASDAQ:DOMO) released its quarterly earnings data on Thursday, June, 4th. The company reported ($0.65) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.91) by $0.26. The business earned $48.60 million during the quarter, compared to analyst estimates of $45.32 million. Domo had a negative return on equity of 1,396.76% and a negative net margin of 63.49%. Domo's revenue for the quarter was up 18.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($1.08) EPS. View Domo's earnings history.

Domo updated its FY21 earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of ($2.06)-($1.96) for the period, compared to the Thomson Reuters consensus EPS estimate of ($2.36). The company issued revenue guidance of $194-$200 million, compared to the consensus revenue estimate of $185.12 million.

6 brokerages have issued 1 year target prices for Domo's shares. Their forecasts range from $32.00 to $42.00. On average, they expect Domo's share price to reach $36.33 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View analysts' price targets for Domo.

Media coverage about DOMO stock has trended very negative recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Domo earned a news impact score of -3.2 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about Domo.

Domo saw a decline in short interest in the month of June. As of June 30th, there was short interest totaling 2,730,000 shares, a decline of 6.8% from the June 15th total of 2,930,000 shares. Based on an average daily volume of 898,700 shares, the short-interest ratio is currently 3.0 days. Approximately 11.7% of the company's stock are short sold. View Domo's Current Options Chain.

Some companies that are related to Domo include New Relic (NEWR), Cogent Communications (CCOI), Cloudera (CLDR), AlarmCom (ALRM), Appian (APPN), Bandwidth (BAND), Varonis Systems (VRNS), Tenable (TENB), BOX (BOX), ACI Worldwide (ACIW), Blackbaud (BLKB), Rapid7 (RPD), LivePerson (LPSN), Altair Engineering (ALTR) and SINA (SINA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Shopify (SHOP), Square (SQ), Micron Technology (MU), Netflix (NFLX), Trade Desk (TTD), Advanced Micro Devices (AMD), Roku (ROKU) and Gilead Sciences (GILD).

(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 trades on the NASDAQ under the ticker symbol "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 $35.63.

Domo has a market capitalization of $1.03 billion and generates $173.40 million in revenue each year. The company earns $-176,560,000.00 in net income (profit) each year or ($4.57) on an earnings per share basis. Domo employs 761 workers across the globe.

The official website for Domo is 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]