NASDAQ:DOMODomo Stock Price, Forecast & News

Domo's stock was trading at $12.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DOMO stock has increased by 175.3% and is now trading at $33.84. 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) posted its quarterly earnings data on Thursday, June, 4th. The company reported ($0.65) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.91) by $0.26. The company earned $48.60 million during the quarter, compared to the consensus estimate of $45.32 million. Domo had a negative return on equity of 1,396.76% and a negative net margin of 63.49%. The firm's quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($1.08) earnings per share. 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 analysts 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 7.4% from the stock's current price. View analysts' price targets for Domo.

Media coverage about DOMO stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Domo earned a daily sentiment score of 2.0 on InfoTrie's scale. They also assigned news coverage 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 company's share price in the near future. View the latest news about Domo.

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

Some companies that are related to Domo include New Relic (NEWR), Momo (MOMO), Cogent Communications (CCOI), AlarmCom (ALRM), Cloudera (CLDR), Bandwidth (BAND), Varonis Systems (VRNS), Appian (APPN), ACI Worldwide (ACIW), Tenable (TENB), BOX (BOX), Blackbaud (BLKB), 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 IPO 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 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 $33.84.

Domo has a market capitalization of $975.07 million 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]