Domo - DOMO Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DOMO shares.
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5 brokers have issued twelve-month target prices for Domo's shares. Their DOMO share price forecasts range from $16.00 to $30.00. On average, they predict the company's stock price to reach $23.00 in the next twelve months. This suggests a possible upside of 36.8% from the stock's current price.
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Domo's stock was trading at $14.24 at the beginning of the year. Since then, DOMO stock has increased by 18.0% and is now trading at $16.81.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, March 7th 2023.
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Domo, Inc. (NASDAQ:DOMO) posted its earnings results on Thursday, December, 8th. The company reported ($0.69) EPS for the quarter, beating analysts' consensus estimates of ($0.82) by $0.13. The firm earned $79.03 million during the quarter, compared to analyst estimates of $76.43 million.

Domo issued an update on its fourth quarter earnings guidance on Thursday, December, 8th. The company provided earnings per share guidance of ($0.11)-($0.07) for the period, compared to the consensus estimate of ($0.19). The company issued revenue guidance of $77.0-$78.0 million, compared to the consensus revenue estimate of $80.35 million.

19 employees have rated Domo Chief Executive Officer John Mellor on Glassdoor.com. John Mellor has an approval rating of 91% among the company's employees. This puts John Mellor in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 91.0% of employees surveyed would recommend working at Domo to a friend.

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), Block (SQ), Shopify (SHOP), PayPal (PYPL), Netflix (NFLX), Roku (ROKU) and Trade Desk (TTD).

(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 acted 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 institutional and retail investors. Top institutional investors include New York State Common Retirement Fund (0.12%), Versor Investments LP (0.07%), Legato Capital Management LLC (0.05%), Dupont Capital Management Corp (0.04%), Allspring Global Investments Holdings LLC (0.01%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Bruce C Jr Felt, Bruce C Jr Felt, Catherine Wong, Dana L Evan, John M Mellor, Joshua G James and Joy Driscoll Durling.
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Shares of DOMO stock 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 $16.81.

Domo (NASDAQ:DOMO) has a market capitalization of $580.62 million and generates $257.96 million in revenue each year. The company earns $-102,110,000.00 in net income (profit) each year or ($3.55) on an earnings per share basis.

The company employs 917 workers across the globe.

Domo's mailing address is 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003. The official website for the company is www.domo.com. The company can be reached via phone at (801) 899-1000, via email at ir@domo.com, or via fax at 801-805-9501.