NASDAQ:DOMODomo Stock Price, Forecast & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
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Domo is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020.
View our earnings forecast for Domo.

Domo Inc (NASDAQ:DOMO) issued its earnings results on Thursday, June, 4th. The company reported ($0.65) EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.91) by $0.26. The company earned $48.60 million during the quarter, compared to the consensus estimate of $45.32 million. Domo had a negative return on equity of 1,396.76% and a negative net margin of 63.49%. The firm's revenue for the quarter was up 18.5% compared to the same quarter last year. During the same period last year, the business posted ($1.08) EPS.
View Domo's earnings history.

Domo updated its FY21 earnings guidance on Thursday, June, 4th. The company provided earnings per share (EPS) guidance of ($2.06)-($1.96) for the period, compared to the Thomson Reuters consensus estimate of ($2.36). The company issued revenue guidance of $194-$200 million, compared to the consensus revenue estimate of $185.12 million.

6 brokers have issued 1 year target prices for Domo's stock. Their forecasts range from $32.00 to $42.00. On average, they expect Domo's share price to reach $36.33 in the next year.
View analysts' price targets for Domo.

News coverage about DOMO stock has trended negative recently, according to InfoTrie. InfoTrie identifies positive and negative press 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 news sentiment score of -2.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.
View the latest news about Domo.

Domo saw a decline in short interest in July. As of July 31st, there was short interest totaling 2,720,000 shares, a decline of 7.5% from the July 15th total of 2,940,000 shares. Based on an average daily volume of 843,400 shares, the days-to-cover ratio is currently 3.2 days. Approximately 11.8% of the shares of the company are short sold.
View Domo's Short Interest.

Some companies that are related to Domo include ACI Worldwide (ACIW), Bandwidth (BAND), Appian (APPN), Cloudera (CLDR), Tenable (TENB), Cogent Communications (CCOI), Blackbaud (BLKB), New Relic (NEWR), Sailpoint Technologies (SAIL), Rapid7 (RPD), AlarmCom (ALRM), Altair Engineering (ALTR), Mimecast (MIME), Ping Identity (PING) and SPS Commerce (SPSC).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Alibaba Group (BABA), Shopify (SHOP), Mongodb (MDB), Okta (OKTA), Roku (ROKU), Square (SQ) and Netflix (NFLX).

(DOMO) raised $189 million in an 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 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 a number of retail and institutional investors. Top institutional shareholders include Mutual of America Capital Management LLC (0.23%), Swiss National Bank (0.16%), UBS Group AG (0.16%), SG Americas Securities LLC (0.13%), Russell Investments Group Ltd. (0.11%) and New York State Common Retirement Fund (0.08%). 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 bought by a variety of institutional investors in the last quarter, including Mutual of America Capital Management LLC, UBS Group AG, Swiss National Bank, Trexquant Investment LP, State Board of Administration of Florida Retirement System, Seven Eight Capital LP, Russell Investments Group Ltd., and CAPROCK Group Inc..
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.

Domo has a market capitalization of $0.00 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]