NASDAQ:DOMO - Domo Stock Price, Forecast & News

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

Domo Inc (NASDAQ:DOMO) released its quarterly earnings results on Thursday, December, 5th. The company reported ($0.85) earnings per share for the quarter, beating analysts' consensus estimates of ($1.01) by $0.16. The business had revenue of $44.80 million for the quarter, compared to the consensus estimate 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 for the quarter was up 21.7% on a year-over-year basis. During the same quarter last year, the firm earned ($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 issued an update on its fourth quarter earnings guidance on Thursday, December, 5th. The company provided earnings per share guidance of ($0.98)-(0.94) for the period, compared to the Thomson Reuters consensus estimate of ($0.98). The company issued revenue guidance of $45-46 million, compared to the consensus revenue estimate of $43.90 million.

6 equities research analysts have issued twelve-month price objectives for Domo's shares. Their forecasts range from $18.00 to $37.00. On average, they expect Domo's share price to reach $28.50 in the next year. 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.

News coverage about DOMO stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Domo earned a news sentiment score of -3.8 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for Domo.

Domo saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,580,000 shares, a decrease of 17.0% from the December 15th total of 3,110,000 shares. Based on an average daily volume of 555,100 shares, the short-interest ratio is presently 4.6 days. Approximately 13.5% of the company's shares are sold short. 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 retail and institutional investors. Top institutional shareholders 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]