NASDAQ:DOMODomo Stock Price, Forecast & News

Domo's stock was trading at $12.29 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, DOMO stock has increased by 193.2% and is now trading at $36.03. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Domo.

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) posted its quarterly earnings results on Thursday, June, 4th. The company reported ($0.65) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.91) by $0.26. The company earned $48.60 million during 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%. The company's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($1.08) earnings per share. 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 estimate of ($2.36). The company issued revenue guidance of $194-$200 million, compared to the consensus revenue estimate of $185.12 million.

6 brokers have issued 1-year price targets for Domo's stock. Their forecasts range from $32.00 to $40.00. On average, they anticipate Domo's share price to reach $35.33 in the next twelve months. This suggests that the stock has a possible downside of 1.9%. View analysts' price targets for Domo.

News stories about DOMO stock have been trending very negative this week, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Domo earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Domo.

Some companies that are related to Domo include Cogent Communications (CCOI), Momo (MOMO), Appian (APPN), AlarmCom (ALRM), ACI Worldwide (ACIW), BOX (BOX), Bandwidth (BAND), Varonis Systems (VRNS), Tenable (TENB), Altair Engineering (ALTR), Blackbaud (BLKB), LivePerson (LPSN), Mimecast (MIME), BlackBerry (BB) and Rapid7 (RPD). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Shopify (SHOP), Square (SQ), Micron Technology (MU), Netflix (NFLX), Trade Desk (TTD), Advanced Micro Devices (AMD), Roku (ROKU) and Gilead Sciences (GILD).

(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."

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.

One share of DOMO stock can currently be purchased for approximately $36.03.

Domo has a market capitalization of $1.04 billion 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]