Domo Stock Forecast, Price & News

5 Wall Street 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 research analysts is that investors should "buy" Domo stock.
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5 brokerages have issued 12-month price targets for Domo's stock. Their DOMO stock forecasts range from $50.00 to $110.00. On average, they expect Domo's stock price to reach $68.60 in the next twelve months. This suggests a possible upside of 144.7% from the stock's current price.
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Domo's stock was trading at $49.60 at the start of the year. Since then, DOMO shares have decreased by 43.5% and is now trading at $28.04.
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Domo is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
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Domo, Inc. (NASDAQ:DOMO) released its earnings results on Thursday, May, 26th. The company reported ($0.23) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.17. The business had revenue of $74.50 million for the quarter, compared to analysts' expectations of $74.10 million. Domo's quarterly revenue was up 24.0% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.58) earnings per share.
View Domo's earnings history.

Domo updated its second quarter 2023 earnings guidance on Thursday, June, 23rd. The company provided earnings per share guidance of -$0.35--$0.31 for the period, compared to the consensus earnings per share 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.

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

Some companies that are related to Domo include Braze (BRZE), nCino (NCNO), Certara (CERT), New Relic (NEWR), Workiva (WK), Appian (APPN), Asana (ASAN), Alteryx (AYX), Lightspeed Commerce (LSPD), Varonis Systems (VRNS), Nutanix (NTNX), AppFolio (APPF), Sprout Social (SPT), BlackBerry (BB) and BlackBerry (BB).
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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), Square (SQ), Shopify (SHOP), PayPal (PYPL), Netflix (NFLX), Roku (ROKU) and Trade Desk (TTD).

(DOMO) raised $189 million in an initial public offering (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."

Shares of DOMO 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.
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One share of DOMO stock can currently be purchased for approximately $28.04.

Domo (NASDAQ:DOMO) has a market capitalization of $925.15 million and generates $257.96 million in revenue each year. The company earns $-102.11 million in net income (profit) each year or ($3.580010) on an earnings per share basis.

Domo employs 917 workers across the globe.

Domo's mailing address is 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003. The official website for Domo 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.