QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
QQQ   325.93 (+2.79%)
AAPL   169.24 (+2.62%)
MSFT   289.16 (+2.43%)
META   178.34 (+5.82%)
GOOGL   119.70 (+2.63%)
AMZN   142.69 (+3.53%)
TSLA   883.07 (+3.89%)
NVDA   180.97 (+5.92%)
NIO   20.05 (+4.59%)
BABA   92.43 (+1.36%)
AMD   99.05 (+3.67%)
MU   61.40 (+3.80%)
T   18.01 (-0.50%)
CGC   3.29 (+14.63%)
GE   77.14 (+2.95%)
F   15.50 (+2.04%)
DIS   112.43 (+3.98%)
AMC   23.67 (+5.43%)
PYPL   98.91 (+4.69%)
PFE   49.95 (+0.34%)
NFLX   244.11 (+6.16%)
NASDAQ:DOMO

Domo - DOMO Stock Forecast, Price & News

$33.90
+1.60 (+4.95%)
(As of 08/10/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.73
$34.75
50-Day Range
$23.78
$34.66
52-Week Range
$23.01
$98.35
Volume
314,237 shs
Average Volume
390,736 shs
Market Capitalization
$1.12 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$68.60

Domo MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
102.4% Upside
$68.60 Price Target
Short Interest
Healthy
3.49% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-1.35
Upright™ Environmental Score
News Sentiment
0.68mentions of Domo in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$287,050 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($4.21) to ($4.12) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.42 out of 5 stars

Computer And Technology Sector

345th out of 653 stocks

Prepackaged Software Industry

117th out of 226 stocks

DOMO stock logo

About Domo (NASDAQ:DOMO) Stock

Domo, Inc. operates a cloud-based business intelligence platform in the United States, Japan, and internationally. Its platform digitally connects from the chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones. The company was formerly known as Domo Technologies, Inc. and changed its name to Domo, Inc. in December 2011. Domo, Inc. was incorporated in 2010 and is headquartered in American Fork, Utah.

Analyst Ratings Changes

DOMO has been the topic of several research analyst reports. Cowen reduced their price objective on Domo from $63.00 to $50.00 and set an "outperform" rating on the stock in a research note on Friday, July 1st. Cowen reduced their price target on Domo from $63.00 to $50.00 and set an "outperform" rating on the stock in a research report on Friday, July 1st. JMP Securities reduced their price target on Domo from $88.00 to $59.00 in a research report on Friday, May 27th. Finally, Morgan Stanley reduced their price target on Domo from $90.00 to $74.00 and set an "overweight" rating on the stock in a research report on Thursday, May 19th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $68.60.

Domo Trading Up 5.2 %

DOMO Stock traded up $1.69 during midday trading on Wednesday, hitting $33.99. 11,021 shares of the company's stock were exchanged, compared to its average volume of 391,244. Domo has a 12-month low of $23.01 and a 12-month high of $98.35. The firm has a 50 day moving average price of $29.83 and a 200-day moving average price of $38.59. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -9.60 and a beta of 2.48.

Domo (NASDAQ:DOMO - Get Rating) last posted its quarterly earnings data on Thursday, May 26th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.83) by ($0.16). The business had revenue of $74.50 million during the quarter, compared to the consensus estimate of $74.10 million. During the same quarter in the previous year, the company earned ($0.58) EPS. The firm's revenue was up 24.0% compared to the same quarter last year. On average, sell-side analysts forecast that Domo will post -4.21 EPS for the current fiscal year.

Insiders Place Their Bets

In other Domo news, CEO John M. Mellor sold 6,788 shares of Domo stock in a transaction that occurred on Wednesday, June 22nd. The stock was sold at an average price of $27.30, for a total transaction of $185,312.40. Following the sale, the chief executive officer now directly owns 379,171 shares in the company, valued at approximately $10,351,368.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO John M. Mellor sold 6,788 shares of the business's stock in a transaction that occurred on Wednesday, June 22nd. The stock was sold at an average price of $27.30, for a total value of $185,312.40. Following the completion of the sale, the chief executive officer now directly owns 379,171 shares in the company, valued at approximately $10,351,368.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Catherine Wong sold 3,750 shares of the business's stock in a transaction that occurred on Wednesday, June 22nd. The shares were sold at an average price of $27.13, for a total value of $101,737.50. Following the completion of the sale, the chief operating officer now owns 299,027 shares of the company's stock, valued at $8,112,602.51. The disclosure for this sale can be found here. 10.85% of the stock is owned by company insiders.

Receive DOMO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Domo and its competitors with MarketBeat's FREE daily newsletter.

DOMO Stock News Headlines

Domo Named to 2022 SaaS Awards Shortlist
HelloFresh Selects Domo to Support HR Operations
See More Headlines
Receive DOMO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Domo and its competitors with MarketBeat's FREE daily newsletter.

DOMO Company Calendar

Last Earnings
5/26/2022
Today
8/10/2022
Next Earnings (Estimated)
8/25/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:DOMO
Employees
917
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$68.60
High Stock Price Forecast
$110.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+102.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$-102,110,000.00
Pretax Margin
-42.98%

Debt

Sales & Book Value

Annual Sales
$257.96 million
Book Value
($3.82) per share

Miscellaneous

Free Float
29,414,000
Market Cap
$1.12 billion
Optionable
Optionable
Beta
2.48

Key Executives

  • Ms. Carine Strom Clark (Age 58)
    Exec. Chairman
    Comp: $58.47k
  • Mr. Joshua G. James (Age 49)
    Founder
    Comp: $528.88k
  • Mr. Bruce C. Felt Jr. (Age 64)
    CPA, CPA, Chief Financial Officer
    Comp: $998.4k
  • Ms. Catherine Wong (Age 46)
    COO & Exec. VP of Engineering
    Comp: $1M
  • Mr. John F. Mellor (Age 55)
    CEO & Director
  • Mr. Daren Thayne
    Chief Technology Officer
  • Mr. Peter Caldwell Lowry
    VP of Investor Relations
  • Mr. Daniel E. Stevenson
    Chief Legal Officer
  • Ms. Julie Kehoe
    Chief Communications Officer
  • Mr. Jeff Skousen
    VP of Corp. Sales













DOMO Stock - Frequently Asked Questions

Should I buy or sell Domo stock right now?

5 Wall Street 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 analysts is that investors should "buy" DOMO shares.
View DOMO analyst ratings
or view top-rated stocks.

What is Domo's stock price forecast for 2022?

5 Wall Street analysts have issued 1 year target prices for Domo's shares. Their DOMO share price forecasts range from $50.00 to $110.00. On average, they expect the company's stock price to reach $68.60 in the next year. This suggests a possible upside of 100.8% from the stock's current price.
View analysts price targets for DOMO
or view top-rated stocks among Wall Street analysts.

How have DOMO shares performed in 2022?

Domo's stock was trading at $49.60 at the beginning of the year. Since then, DOMO shares have decreased by 31.1% and is now trading at $34.16.
View the best growth stocks for 2022 here
.

When is Domo's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our DOMO earnings forecast
.

How were Domo's earnings last quarter?

Domo, Inc. (NASDAQ:DOMO) released its quarterly earnings results on Thursday, May, 26th. The company reported ($0.99) EPS for the quarter, missing analysts' consensus estimates of ($0.83) by $0.16. The business earned $74.50 million during the quarter, compared to analysts' expectations of $74.10 million. The business's revenue for the quarter was up 24.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.58) earnings per share.

What guidance has Domo issued on next quarter's earnings?

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

What is Josh James' approval rating as Domo's CEO?

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

What other stocks do shareholders of Domo own?

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).

When did Domo IPO?

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

What is Domo's stock symbol?

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

Who are Domo's major shareholders?

Domo's stock is owned by a number of retail and institutional investors. Top institutional shareholders include abrdn plc (2.02%), Allspring Global Investments Holdings LLC (0.92%), Redwood Investments LLC (0.62%), Thornburg Investment Management Inc. (0.43%), Swiss National Bank (0.21%) and Wisconsin Capital Management LLC (0.13%). 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
.

How do I buy shares of Domo?

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.

What is Domo's stock price today?

One share of DOMO stock can currently be purchased for approximately $34.16.

How much money does Domo make?

Domo (NASDAQ:DOMO) has a market capitalization of $1.13 billion and generates $257.96 million in revenue each year. The company earns $-102,110,000.00 in net income (profit) each year or ($3.58) on an earnings per share basis.

How many employees does Domo have?

The company employs 917 workers across the globe.

How can I contact Domo?

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.

This page (NASDAQ:DOMO) was last updated on 8/10/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.