NASDAQ:DOMODomo Stock Price, Forecast & News

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."
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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) issued its earnings results on Thursday, June, 4th. The company reported ($0.65) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.91) by $0.26. The company had revenue of $48.60 million for the quarter, compared to analysts' expectations of $45.32 million. Domo had a negative net margin of 63.49% and a negative return on equity of 1,396.76%. Domo's quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($1.08) EPS.
View Domo's earnings history.

Domo updated its FY21 earnings guidance on Thursday, June, 4th. The company provided 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 brokerages have issued 12 month price targets for Domo's stock. Their forecasts range from $32.00 to $42.00. On average, they anticipate Domo's stock price to reach $36.33 in the next twelve months.
View analysts' price targets for Domo.

News headlines about DOMO stock have been trending neutral recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Domo earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.
View the latest news about Domo.

Domo saw a decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2,720,000 shares, a decrease of 7.5% from the July 15th total of 2,940,000 shares. Based on an average daily volume of 843,400 shares, the short-interest ratio is presently 3.2 days. Currently, 11.8% of the shares of the company are sold short.
View Domo's Short Interest.

Some companies that are related to Domo include Varonis Systems (VRNS), Appian (APPN), Bandwidth (BAND), Cloudera (CLDR), Tenable (TENB), New Relic (NEWR), Cogent Communications (CCOI), Blackbaud (BLKB), Sailpoint Technologies (SAIL), Rapid7 (RPD), Altair Engineering (ALTR), AlarmCom (ALRM), Ping Identity (PING), Mimecast (MIME) and SPS Commerce (SPSC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Shopify (SHOP), Mongodb (MDB), Okta (OKTA), Roku (ROKU), Square (SQ) and Netflix (NFLX).

(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 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."

Domo's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.23%), Swiss National Bank (0.16%), UBS Group AG (0.16%), SG Americas Securities LLC (0.13%), Russell Investments Group Ltd. (0.11%) and New York State Common Retirement Fund (0.08%). 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 bought by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC, UBS Group AG, Swiss National Bank, Trexquant Investment LP, State Board of Administration of Florida Retirement System, Seven Eight Capital LP, Russell Investments Group Ltd., and CAPROCK Group Inc..
View insider buying and selling activity for 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.

Domo has a market capitalization of $0.00 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]