Domo Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Domo stock.
View analyst ratings for Domo or view top-rated stocks.

Wall Street analysts have given Domo a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Domo wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Domo saw a decrease in short interest in January. As of January 29th, there was short interest totaling 1,900,000 shares, a decrease of 20.5% from the January 14th total of 2,390,000 shares. Based on an average trading volume of 610,700 shares, the days-to-cover ratio is presently 3.1 days.
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Domo is scheduled to release its next quarterly earnings announcement on Thursday, March 11th 2021.
View our earnings forecast for Domo.

Domo will be holding an earnings conference call on Thursday, March 11th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Domo, Inc. (NASDAQ:DOMO) posted its quarterly earnings results on Wednesday, December, 2nd. The company reported ($0.40) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.44) by $0.04. The firm earned $53.60 million during the quarter, compared to the consensus estimate of $51.76 million. The firm's revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.85) earnings per share.
View Domo's earnings history.

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 354.8% and is now trading at $55.90.
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6 brokerages have issued 1-year price objectives for Domo's shares. Their forecasts range from $38.00 to $85.00. On average, they expect Domo's stock price to reach $64.67 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price.
View analysts' price targets for Domo or view top-rated stocks among Wall Street analysts.

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 BlackLine (BL), MicroStrategy (MSTR), Q2 (QTWO), Duck Creek Technologies (DCT), Agora (API), nCino (NCNO), Alteryx (AYX), BlackBerry (BB), National Instruments (NATI), Nutanix (NTNX), CyberArk Software (CYBR), Varonis Systems (VRNS), The Descartes Systems Group (DSGX), Everbridge (EVBG) and SolarWinds (SWI).
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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 The Trade Desk (TTD).

(DOMO) raised $189 million in an IPO 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.

Domo trades on the NASDAQ under the ticker symbol "DOMO."

Domo's stock is owned by a variety of institutional and retail investors. Top institutional investors include First Trust Advisors LP (7.35%), BlackRock Inc. (7.16%), Federated Hermes Inc. (4.39%), Morgan Stanley (2.98%), Whetstone Capital Advisors LLC (2.64%) and Bank of New York Mellon Corp (2.06%). Company insiders that own Domo stock include Bruce C Jr Felt, Catherine Wong, Dana L Evan and Joshua G James.
View institutional ownership trends for Domo.

DOMO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, JPMorgan Chase & Co., Engineers Gate Manager LP, Hartline Investment Corp, Russell Investments Group Ltd., GSA Capital Partners LLP, SG Americas Securities LLC, and Whetstone Capital Advisors LLC. Company insiders that have sold Domo company stock in the last year include Bruce C Jr Felt, Catherine Wong, and Dana L Evan.
View insider buying and selling activity for Domo or view top insider-selling stocks.

DOMO stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, BlackRock Inc., Canada Pension Plan Investment Board, Engle Capital Management L.P., Bank of New York Mellon Corp, Federated Hermes Inc., Renaissance Technologies LLC, and New York Life Investments Alternatives.
View insider buying and selling activity for Domo or or view top insider-buying stocks.

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 $55.90.

Domo has a market capitalization of $1.67 billion and generates $173.40 million in revenue each year. The company earns $-125,660,000.00 in net income (profit) each year or ($4.57) on an earnings per share basis.

Domo employs 802 workers across the globe.

The official website for Domo is www.domo.com.

Domo is headquartered at 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003.

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]