NASDAQ:DOMODomo Stock Price, Forecast & News

Domo's stock was trading at $12.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DOMO stock has increased by 189.9% and is now trading at $35.63. View which stocks have been most impacted by Coronavirus.

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." View analyst ratings for Domo.

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) released its quarterly earnings results on Thursday, June, 4th. The company reported ($0.65) earnings per share (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 analysts' expectations of $45.32 million. Domo had a negative net margin of 63.49% and a negative return on equity of 1,396.76%. Domo's revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the firm earned ($1.08) earnings per share. View Domo's earnings history.

Domo issued an update on 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 earnings per share estimate of ($2.36). The company issued revenue guidance of $194-$200 million, compared to the consensus revenue estimate of $185.12 million.

6 equities research analysts have issued 1 year price targets for Domo's stock. Their forecasts range from $32.00 to $42.00. On average, they anticipate Domo's stock price to reach $36.33 in the next year. This suggests a possible upside of 2.0% from the stock's current price. View analysts' price targets for Domo.

Headlines about DOMO stock have been trending somewhat negative this week, InfoTrie Sentiment reports. The research firm identifies positive and negative news coverage by analyzing 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 impact score of -1.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Domo.

Domo saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,730,000 shares, a decrease of 6.8% from the June 15th total of 2,930,000 shares. Based on an average daily volume of 898,700 shares, the days-to-cover ratio is currently 3.0 days. Currently, 11.7% of the company's shares are short sold. View Domo's Current Options Chain.

Some companies that are related to Domo include Momo (MOMO), Qualys (QLYS), Pivotal Software (PVTL), Cyberark Software (CYBR), Konami (KNMCY), LogMeIn (LOGM), New Relic (NEWR), Cogent Communications (CCOI), Cloudera (CLDR), Appian (APPN), AlarmCom (ALRM), Bandwidth (BAND), Varonis Systems (VRNS), BOX (BOX) and Tenable (TENB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Domo investors own include NVIDIA (NVDA), Alibaba Group (BABA), Shopify (SHOP), Square (SQ), Micron Technology (MU), Netflix (NFLX), Trade Desk (TTD), Advanced Micro Devices (AMD), Roku (ROKU) and Gilead Sciences (GILD).

(DOMO) raised $189 million in an initial public offering (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 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 $35.63.

Domo has a market capitalization of $1.03 billion 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]