NASDAQ:DOMO

Domo Stock Forecast, Price & News

$61.35

+2.03 (+3.42 %)

(As of 04/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$59.70

Now: $61.35▼

$62.52

50-Day Range

$53.16

MA: $60.48▼

$68.18

52-Week Range

$13.63

Now: $61.35▼

$79.00

Volume378,432 shs

Average Volume462,300 shs

Market Capitalization$1.91 billion

P/E RatioN/A

Dividend YieldN/A

Beta3.07

Domo, Inc. operates a cloud-based platform in the United States. Its platform digitally connects from the chief executive officer to the frontline employee with the people, data, and systems in an organization, giving them access to real-time data and insights, and allowing them to manage business from smartphones. The company was formerly known as Domo Technologies, Inc. and changed its name to Domo, Inc. in December 2011. Domo, Inc. was founded in 2010 and is headquartered in American Fork, Utah.

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNASDAQ:DOMO

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.domo.com

Phone801-899-1000

Employees802

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$173.40 million

Price / Sales11.03

Cash FlowN/A

Price / Cash FlowN/A

Book Value($1.74) per share

Price / Book-35.26

Profitability

EPS (Most Recent Fiscal Year)($4.57)

Net Income$-125,660,000.00

Net Margins-47.56%

Return on EquityN/A

Return on Assets-47.31%

Miscellaneous

Outstanding Shares31,164,000

Market Cap$1.91 billion

Next Earnings Date6/3/2021 (Estimated)

OptionableOptionable

Headlines

Domo Ranked #1 Vendor in Dresner Advisory Services' 2021 Cloud Computing and Business Intelligence Market Study For Fifth Consecutive Year - Yahoo Finance
April 15, 2021 | finance.yahoo.com

Domo Ranked #1 Vendor in Dresner Advisory Services' 2021 Cloud Computing and Business Intelligence Market Study For Fifth Consecutive Year
April 15, 2021 | finance.yahoo.com

Adventus and Salazar Announce Drilling Results at the El Domo Deposit, Curipamba Project Highlighted by 3.26% Copper Equivalent Over 42.52 Metres - Yahoo Canada Finance
April 14, 2021 | ca.finance.yahoo.com

Adventus and Salazar Announce Drilling Results at the El Domo Deposit, Curipamba Project Highlighted by 3.26% Copper Equivalent Over 42.52 Metres - Yahoo Finance
April 14, 2021 | finance.yahoo.com

Head to Head Survey: Domo (NASDAQ:DOMO) & Take-Two Interactive Software (NASDAQ:TTWO)
April 12, 2021 | americanbankingnews.com

Domo (NASDAQ:DOMO) Shares Down 3.5%
April 9, 2021 | americanbankingnews.com

Domo (NASDAQ:DOMO) Shares Gap Down to $57.88
April 7, 2021 | americanbankingnews.com

Adventus and Salazar Announce Drilling Results at the El Domo Deposit Highlighted by 2.10% Copper Equivalent Over 55.43 Metres - Yahoo Finance
April 6, 2021 | finance.yahoo.com

Domo, Inc. (NASDAQ:DOMO) Given Consensus Recommendation of "Buy" by Analysts
April 5, 2021 | americanbankingnews.com

Domo Rated as an Exemplary Vendor in Ventana Research’s 2021 Analytics and Data Value Index
April 5, 2021 | finance.yahoo.com

Domo (NASDAQ:DOMO) Shares Gap Up Following Analyst Upgrade
April 1, 2021 | americanbankingnews.com

Morgan Stanley Boosts Domo (NASDAQ:DOMO) Price Target to $83.00
April 1, 2021 | americanbankingnews.com

Domo (DOMO) Shares Cross Below Book Value
March 30, 2021 | nasdaq.com

Domo (NASDAQ:DOMO) Shares Down 7.2%
March 29, 2021 | americanbankingnews.com

Domo Takes Embedded Analytics to The Next Level - Business Wire
March 25, 2021 | businesswire.com

Domo Launches More than 100 New Features at Domopalooza 2021 and Raises the Bar with Modern BI for All - Business Wire
March 24, 2021 | businesswire.com

Domo Introduces Industry’s First Multi-Cloud Data Offering for Modern BI
March 24, 2021 | finance.yahoo.com

Domo Expands AWS Relationship
March 24, 2021 | finance.yahoo.com

Domo Launches More than 100 New Features at Domopalooza 2021 and Raises the Bar with Modern BI for All
March 24, 2021 | finance.yahoo.com

Domo Takes Embedded Analytics to The Next Level
March 24, 2021 | finance.yahoo.com

See More Headlines

MarketRank^™

Overall MarketRank^™

1.94 out of 5 stars

Computer And Technology Sector

90th out of 1,551 stocks

Prepackaged Software Industry

15th out of 283 stocks

4.4 Analyst's Opinion

Consensus Rating
Domo has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $83.83, Domo has a forecasted upside of 36.6% from its current price of $61.35.
Amount of Analyst Coverage
Domo has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0 Community Rank

Outperform Votes
Domo has received 173 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Domo has received 117 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Domo has received 59.66% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Domo and other stocks. Vote “Outperform” if you believe DOMO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DOMO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Domo does not currently pay a dividend.
Dividend Growth
Domo does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Domo insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 15.52% of the stock of Domo is held by insiders.
Percentage Held by Institutions
68.13% of the stock of Domo is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Domo are expected to grow in the coming year, from ($3.01) to ($2.09) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Domo is -18.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Domo is -18.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

$61.35

+2.03 (+3.42 %)

(As of 04/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive DOMO News and Ratings via Email

Sign-up to receive the latest news and ratings for DOMO and its competitors with MarketBeat's FREE daily newsletter.

Domo (NASDAQ:DOMO) Frequently Asked Questions

Is Domo a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last year. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Domo stock.
View analyst ratings for Domo or view top-rated stocks.

What stocks does MarketBeat like better than Domo?

Wall Street analysts have given Domo a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Domo wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Domo's next earnings date?

Domo is scheduled to release its next quarterly earnings announcement on Thursday, June 3rd 2021.
View our earnings forecast for Domo.

How were Domo's earnings last quarter?

Domo, Inc. (NASDAQ:DOMO) issued its earnings results on Wednesday, March, 10th. The company reported ($0.32) EPS for the quarter, topping the consensus estimate of ($0.43) by $0.11. The firm earned $56.84 million during the quarter, compared to analysts' expectations of $54.04 million. The firm's revenue was up 23.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.85) EPS.
View Domo's earnings history.

How has Domo's stock price been impacted by Coronavirus?

Domo's stock was trading at $12.29 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, DOMO shares have increased by 399.2% and is now trading at $61.35.
View which stocks have been most impacted by COVID-19.

What guidance has Domo issued on next quarter's earnings?

Domo issued an update on its FY22 earnings guidance on Thursday, March, 11th. The company provided earnings per share (EPS) guidance of ($1.53)-($1.63) for the period, compared to the Thomson Reuters consensus estimate of ($1.26). The company issued revenue guidance of $240-245 million, compared to the consensus revenue estimate of $238.42 million.

What price target have analysts set for DOMO?

6 brokerages have issued 1 year price targets for Domo's shares. Their forecasts range from $65.00 to $91.00. On average, they expect Domo's stock price to reach $83.83 in the next year. This suggests a possible upside of 36.6% from the stock's current price.
View analysts' price targets for Domo or view top-rated stocks among Wall Street analysts.

Who are Domo's key executives?

Domo's management team includes the following people:

Mr. Joshua G. James, Founder, Chairman & CEO (Age 48, Pay $776.55k)
Mr. Bruce C. Felt Jr., CPA, CPA, Chief Financial Officer (Age 63, Pay $645.37k)
Ms. Catherine Wong, Chief Product Officer & Exec. VP of Engineering (Age 45, Pay $763.14k)
Mr. Matthew W. Belkin, COO & Chief Analytics Officer
Mr. Daren Thayne, Chief Technology Officer
Mr. Peter Caldwell Lowry, VP of Investor Relations
Mr. Daniel E. Stevenson, Chief Legal Officer
Ms. Julie Kehoe, Chief Communications Officer
Mr. Jeff Skousen, VP of Corp. Sales
Mr. Paul Weiskopf, Sr. VP of Corp. Devel. (Age 54)

What is Josh James' approval rating as Domo's CEO?

276 employees have rated Domo CEO Josh James on Glassdoor.com. Josh James has an approval rating of 91% among Domo's employees. This puts Josh James in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of Domo's key competitors?

Some companies that are related to Domo include Fastly (FSLY), MicroStrategy (MSTR), Trend Micro (TMICY), BlackLine (BL), nCino (NCNO), Varonis Systems (VRNS), Agora (API), Q2 (QTWO), Alteryx (AYX), National Instruments (NATI), Nutanix (NTNX), Duck Creek Technologies (DCT), SolarWinds (SWI), CyberArk Software (CYBR) and The Descartes Systems Group (DSGX).
View all of DOMO's competitors.

What other stocks do shareholders of Domo own?

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

When did Domo IPO?

(DOMO) raised $189 million in an initial public offering (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.

What is Domo's stock symbol?

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

How do I buy shares of Domo?

Shares of DOMO 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.
Compare Top Brokerages Here.

What is Domo's stock price today?

One share of DOMO stock can currently be purchased for approximately $61.35.

How much money does Domo make?

Domo has a market capitalization of $1.91 billion and generates $173.40 million in revenue each year. The company earns $-125,660,000.00 in net income (profit) each year or ($4.57) on an earnings per share basis.

How many employees does Domo have?

Domo employs 802 workers across the globe.

What is Domo's official website?

The official website for Domo is www.domo.com.

Where are Domo's headquarters?

Domo is headquartered at 772 EAST UTAH VALLEY DRIVE, AMERICAN FORK UT, 84003.

How can I contact Domo?

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]

This page was last updated on 4/16/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here