Domo - DOMO Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last twelve months. 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.

5 brokerages have issued twelve-month target prices for Domo's stock. Their DOMO share price forecasts range from $25.00 to $56.00. On average, they anticipate the company's stock price to reach $38.80 in the next year. This suggests a possible upside of 165.4% from the stock's current price.
View analysts price targets for DOMO or view top-rated stocks among Wall Street analysts.

Domo's stock was trading at $49.60 at the beginning of 2022. Since then, DOMO stock has decreased by 70.5% and is now trading at $14.62.
View the best growth stocks for 2022 here.

Domo saw a decrease in short interest in November. As of November 15th, there was short interest totaling 977,400 shares, a decrease of 23.0% from the October 31st total of 1,270,000 shares. Based on an average daily volume of 573,200 shares, the days-to-cover ratio is presently 1.7 days.
View Domo's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, December 8th 2022.
View our DOMO earnings forecast.

Domo will be holding an earnings conference call on Thursday, December 8th 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".

Domo, Inc. (NASDAQ:DOMO) released its earnings results on Thursday, December, 2nd. The company reported ($0.32) EPS for the quarter, beating analysts' consensus estimates of ($0.34) by $0.02. The business earned $65.10 million during the quarter, compared to the consensus estimate of $64.31 million. Domo's revenue was up 21.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.75) EPS.

Domo updated its third quarter 2023 earnings guidance on Tuesday, September, 20th. The company provided earnings per share (EPS) guidance of -$0.27--$0.23 for the period, compared to the consensus estimate of -$0.34. The company issued revenue guidance of $76.00 million-$77.00 million, compared to the consensus revenue estimate of $79.81 million.

19 employees have rated Domo Chief Executive Officer John Mellor on Glassdoor.com. John Mellor has an approval rating of 91% among the company's employees. This puts John Mellor in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 91.0% of employees surveyed would recommend working at Domo to a friend.

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).

(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 served 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."

Domo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.60%), BlackRock Inc. (9.40%), First Trust Advisors LP (6.68%), Portolan Capital Management LLC (2.53%), State Street Corp (2.05%) and Federated Hermes Inc. (2.04%). 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.

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.

One share of DOMO stock can currently be purchased for approximately $14.62.

Domo (NASDAQ:DOMO) has a market capitalization of $501.03 million and generates $257.96 million in revenue each year. The company earns $-102,110,000.00 in net income (profit) each year or ($3.74) on an earnings per share basis.

The company employs 917 workers across the globe.

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.