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 5 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 analysts have issued 1-year price objectives for Domo's shares. Their DOMO share price forecasts range from $35.00 to $110.00. On average, they anticipate the company's share price to reach $57.00 in the next twelve months. This suggests a possible upside of 203.4% from the stock's current price.
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Domo's stock was trading at $49.60 at the start of the year. Since then, DOMO shares have decreased by 62.1% and is now trading at $18.79.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, December 1st 2022.
View our DOMO earnings forecast.

Domo, Inc. (NASDAQ:DOMO) posted its quarterly earnings results on Thursday, August, 25th. The company reported ($0.86) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.07) by $0.21. The business earned $75.50 million during the quarter, compared to the consensus estimate of $76.40 million. The business's revenue was up 20.2% on a year-over-year basis. During the same period last year, the company posted ($0.70) earnings per share.

Domo issued an update on its third quarter 2023 earnings guidance on Tuesday, September, 20th. The company provided earnings per share guidance of -$0.27--$0.23 for the period, compared to the consensus earnings per share estimate of -$0.34. The company issued revenue guidance of $76.00 million-$77.00 million, compared to the consensus revenue estimate of $79.81 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 IPO 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."

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 $18.79.

Domo (NASDAQ:DOMO) has a market capitalization of $643.93 million and generates $257.96 million in revenue each year. The company earns $-102,110,000.00 in net income (profit) each year or ($3.74) 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.