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 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Domo stock.
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Wall Street analysts have given Domo a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Domo wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Domo is scheduled to release its next quarterly earnings announcement on Thursday, September 2nd 2021.
View our earnings forecast for Domo.

Domo, Inc. (NASDAQ:DOMO) posted its quarterly earnings data on Wednesday, May, 26th. The company reported ($0.26) earnings per share for the quarter, beating analysts' consensus estimates of ($0.44) by $0.18. The company earned $60.10 million during the quarter, compared to analysts' expectations of $57.24 million. The company's revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.65) EPS.
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 618.7% and is now trading at $88.33.
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Domo updated its second quarter 2022 earnings guidance on Tuesday, June, 22nd. The company provided earnings per share (EPS) guidance of $-0.390--0.350 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.400. The company issued revenue guidance of $60 million-61 million, compared to the consensus revenue estimate of $59.74 million.

6 Wall Street analysts have issued twelve-month target prices for Domo's stock. Their forecasts range from $65.00 to $100.00. On average, they anticipate Domo's stock price to reach $86.67 in the next year. This suggests that the stock has a possible downside of 1.9%.
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 Lightspeed POS (LSPD), Full Truck Alliance (YMM), Paylocity (PCTY), Manhattan Associates (MANH), Global-e Online (GLBE), Confluent (CFLT), Guidewire Software (GWRE), Smartsheet (SMAR), Konami (KNMCY), Appian (APPN), Anaplan (PLAN), Ubisoft Entertainment (UBSFY), Nutanix (NTNX), Trend Micro (TMICY) and BlackLine (BL).
View all of DOMO's competitors.

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 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.

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

Domo's stock is owned by many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (0.10%), Hillsdale Investment Management Inc. (0.05%) and SkyOak Wealth LLC (0.04%). 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 SkyOak Wealth 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 Hillsdale Investment Management Inc., and Alliancebernstein L.P..
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 $88.33.

Domo has a market capitalization of $2.80 billion and generates $210.18 million in revenue each year. The company earns $-84,630,000.00 in net income (profit) each year or ($2.89) on an earnings per share basis.

Domo employs 756 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]