NASDAQ:DOMO - Domo Stock Price, Forecast & News

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

Domo Inc (NASDAQ:DOMO) posted its quarterly earnings data on Thursday, December, 5th. The company reported ($0.85) earnings per share for the quarter, topping the consensus estimate of ($1.01) by $0.16. The firm earned $44.80 million during the quarter, compared to analysts' expectations of $41.81 million. Domo had a negative net margin of 75.42% and a negative return on equity of 1,396.92%. Domo's revenue was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the company posted ($1.06) EPS. View Domo's Earnings History.

Domo is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for Domo.

Domo updated its fourth quarter earnings guidance on Thursday, December, 5th. The company provided earnings per share (EPS) guidance of ($0.98)-(0.94) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.98). The company issued revenue guidance of $45-46 million, compared to the consensus revenue estimate of $43.90 million.

6 brokerages have issued 12 month price objectives for Domo's stock. Their forecasts range from $18.00 to $37.00. On average, they expect Domo's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 18.2% from the stock's current price. View Analyst Price Targets for Domo.

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.

Press coverage about DOMO stock has trended somewhat negative this week, according to InfoTrie. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. 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 -1.5 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Domo.

Domo saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,580,000 shares, a decline of 17.0% from the December 15th total of 3,110,000 shares. Based on an average daily trading volume, of 555,100 shares, the days-to-cover ratio is presently 4.6 days. Approximately 13.5% of the company's stock are short sold. View Domo's Current Options Chain.

Some companies that are related to Domo include LivePerson (LPSN), Varonis Systems (VRNS), Tenable (TENB), BOX (BOX), Bottomline Technologies (EPAY), Sailpoint Technologies (SAIL), Fastly (FSLY), AlarmCom (ALRM), CommVault Systems (CVLT), Progress Software (PRGS), Workiva (WK), Ping Identity (PING), SPS Commerce (SPSC), Pagerduty (PD) and Instructure (INST).

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

(DOMO) raised $189 million in an initial public offering 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's stock is owned by a number of of institutional and retail investors. Top institutional investors include Alpine Global Management LLC (0.04%). 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 purchased by a variety of institutional investors in the last quarter, including Alpine Global Management LLC. 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 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 $24.11.

Domo has a market capitalization of $671.70 million and generates $142.46 million in revenue each year. The company earns $-154,310,000.00 in net income (profit) each year or ($9.43) on an earnings per share basis. Domo employs 761 workers across the globe.View Additional Information About Domo.

The official website for Domo is http://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]