NASDAQ:DOMODomo Stock Price, Forecast & News

Domo's stock was trading at $12.29 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, DOMO stock has increased by 136.4% and is now trading at $29.05. 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 2 hold ratings and 4 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, June 4th 2020. View our earnings forecast for Domo.

Domo Inc (NASDAQ:DOMO) posted its earnings results on Thursday, March, 12th. The company reported ($0.85) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.96) by $0.11. The company had revenue of $46.20 million for the quarter, compared to analysts' expectations of $45.72 million. Domo had a negative return on equity of 1,396.76% and a negative net margin of 72.47%. Domo's revenue was up 17.3% on a year-over-year basis. During the same period last year, the firm earned ($0.94) EPS. View Domo's earnings history.

Domo updated its FY21 earnings guidance on Tuesday, March, 10th. The company provided earnings per share (EPS) guidance of ($3.32)-($3.22) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($2.76). The company issued revenue guidance of $192-198 million, compared to the consensus revenue estimate of $198.36 million.

6 brokers have issued 1-year price targets for Domo's shares. Their forecasts range from $12.00 to $29.00. On average, they expect Domo's stock price to reach $20.17 in the next twelve months. This suggests that the stock has a possible downside of 30.6%. View analysts' price targets for Domo.

Media coverage about DOMO stock has been trending somewhat negative this week, according to InfoTrie. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Domo earned a news impact score of -1.0 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutDomo.

Domo saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,440,000 shares, an increase of 5.6% from the April 30th total of 2,310,000 shares. Based on an average daily trading volume, of 708,500 shares, the days-to-cover ratio is currently 3.4 days. Approximately 10.5% of the company's shares are short sold. View Domo's Current Options Chain.

Some companies that are related to Domo include Cloudera (CLDR), ACI Worldwide (ACIW), Tenable (TENB), Blackbaud (BLKB), BlackBerry (BB), Altair Engineering (ALTR), BOX (BOX), Mimecast (MIME), Varonis Systems (VRNS), AlarmCom (ALRM), Bandwidth (BAND), Cornerstone OnDemand (CSOD), Rapid7 (RPD), SPS Commerce (SPSC) and Ping Identity (PING). 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 initial public offering 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."

Domo's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.36%), ArrowMark Colorado Holdings LLC (4.18%), Federated Hermes Inc. (3.53%), Victory Capital Management Inc. (1.82%), Victory Capital Management Inc. (1.82%) and State Street Corp (1.26%). Company insiders that own Domo stock include Bruce C Jr Felt, Catherine Wong 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 ArrowMark Colorado Holdings LLC, Portolan Capital Management LLC, Morgan Stanley, First Washington CORP, Spark Investment Management LLC, Two Sigma Investments LP, Engineers Gate Manager LP, and Victory Capital Management Inc.. View insider buying and selling activity for Domo.

DOMO stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., JPMorgan Chase & Co., Bogle Investment Management L P DE, Squarepoint Ops LLC, BlackRock Inc., Bank of New York Mellon Corp, Dynamic Technology Lab Private Ltd, and Alliancebernstein L.P.. Company insiders that have bought Domo stock in the last two years include Bruce C Jr Felt, and Joshua G James. 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.

One share of DOMO stock can currently be purchased for approximately $29.05.

Domo has a market capitalization of $823.28 million 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]