Is Domo stock a buy or sell after earnings?
Dec 03, 2021 · LinkedIn. Share on whatsapp. WhatsApp. Domo, Inc. (DOMO) experienced a decline of 10.97% in the aftermarket following the announcement of third-quarter 2021 results. However, the last trading session concluded at $65.15 with an incline of 1.43%.
What is the upside for Domo's share price?
Apr 14, 2022 · finance.yahoo.com - March 10 at 1:10 PM. Domo to Host Investor and Financial Analyst Session at Domopalooza 2022. finance.yahoo.com - March 10 at 1:09 PM. The market is expected to reach an estimated $3.7 billion by 2027 with a CAGR of 6.3% from 2021 to 2027 - …
How did Domo's revenue beat Wall Street estimates in Q3?
Apr 01, 2022 · 4 Wall Street analysts have issued twelve-month price targets for Domo's stock. Their forecasts range from $85.00 to $110.00. On average, they anticipate Domo's stock price to reach $93.25 in the next twelve months. This suggests a possible upside of 94.6% from the stock's current price.
What is the price targets for Domo Inc (DMO)?
Domo, Inc. Analyst Report: Oracle Corp. Oracle Corp. is the world's largest independent enterprise software company, with annual revenues of $40 billion. Its software products include database ...
Will Domo stock go up?
Stock Price Forecast The 3 analysts offering 12-month price forecasts for Domo Inc have a median target of 88.00, with a high estimate of 90.00 and a low estimate of 85.00. The median estimate represents a +105.51% increase from the last price of 42.82.
Is Domo profitable?
Domo wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. When a company doesn't make profits, we'd generally expect to see good revenue growth.Nov 10, 2021
Is Domo growing?
In the first quarter of 2022, Domo expects its revenue to rise 22% to 24% year over year. It also expects its revenue to grow 22% to 24% for the full year.Mar 9, 2022
Who owns Domo stock?
Top 10 Owners of Domo IncStockholderStakeShares ownedThe Vanguard Group, Inc.7.03%2,062,225BlackRock Fund Advisors5.93%1,741,025Federated Global Investment Manag...5.82%1,707,706First Trust Advisors LP3.90%1,143,1116 more rows
Is Domo a buy right now?
4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Domo in the last twelve months. There are currently 4 bu...
How has Domo's stock price been impacted by COVID-19 (Coronavirus)?
Domo's stock was trading at $12.29 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organizati...
When is Domo's next earnings date?
Domo is scheduled to release its next quarterly earnings announcement on Thursday, May 26th 2022. View our earnings forecast for Domo .
How were Domo's earnings last quarter?
Domo, Inc. (NASDAQ:DOMO) released its quarterly earnings data on Tuesday, March, 1st. The company reported ($0.41) EPS for the quarter, beating the...
What guidance has Domo issued on next quarter's earnings?
Domo issued an update on its FY 2023 earnings guidance on Tuesday, March, 15th. The company provided earnings per share guidance of $-1.530-$-1.430...
What price target have analysts set for DOMO?
4 brokerages have issued 1-year price targets for Domo's stock. Their forecasts range from $85.00 to $110.00. On average, they anticipate Domo's st...
Who are Domo's key executives?
Domo's management team includes the following people: Joshua G. James , Chairman & Chief Executive Officer Bruce C. Felt , Chief Financial Offic...
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 Ja...
Who are some of Domo's key competitors?
Some companies that are related to Domo include Smartsheet (SMAR) , Coupa Software (COUP) , CyberArk Software (CYBR) , Rapid7 (RPD) , Marqeta...
Big Data Companies And Data Analytics: Stocks To Buy And Watch
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Is Domo Inc. (DOMO) Going to Burn These Hedge Funds?
We at Insider Monkey have gone over 867 13F filings that hedge funds and prominent investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of September 30th. In this article, we look at what those funds think of Domo Inc. (NASDAQ:DOMO) based on that data. […]
Domo, Inc. (DOMO) Q3 2022 Earnings Call Transcript
On the call today, we have Josh James, our founder and CEO; Bruce Felt, our CFO; and Julie Kehoe, our chief communications officer. Julie will lead off with our safe harbor statement and then onto the call.
What happened
Shares of Domo, Inc.(NASDAQ: DOMO) stock plummeted 39.2% in July, according to data provided by S&P Global Market Intelligence. The data analytics company had its initial public offering on June 28, with shares up roughly 30% at the end of the stock's first day of trading. It didn't take long for the big gains to reverse, however.
So what
Domo has a cloud-based operating system tailored to provide data integration and analytics services for businesses. These features are meant to simplify business processes to the point where CEOs and other high-level management can make important operational decisions from their mobile devices.
Now what
As Motley Fool tech specialist Evan Niu points out, Domo posted a loss of $176.6 million on $108.5 million in sales in its last fiscal year. Marketing alone accounted for more expenses than sales recorded in the period.
NASDAQ: DOMO
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The cloud software company's fundamentals are still improving
Domo 's ( DOMO -2.20% ) stock dipped after the company posted its second-quarter earnings report on Aug. 26. The cloud-based software company's revenue rose 23% year-over-year to $62.8 million, beating Wall Street's consensus estimates by $2 million.
What does Domo do?
Domo's cloud-based platform lets CEOs manage their entire companies from their phones through a suite of real-time data visualization and management tools. Its ecosystem includes an integrated app store, an AI platform for process data, and various collaboration and marketing tools for employees.
How fast is Domo growing?
When Domo went public in mid-2018, I wasn't impressed. Its revenue growth was robust and its valuation was low, but it faced too many competitors and lacked a clear path toward profitability.
But is Domo's stock still cheap relative to its growth?
Domo's stock has risen more than 130% over the past 12 months and currently trades at eleven times its revenue forecast for fiscal 2022. That price-to-sales ratio might initially seem reasonable, but it's actually a bit high relative to its comparable industry peers.
Is Domo's stock worth buying?
Domo's core business is strong and its fundamentals are improving. However, its growth isn't impressive enough to support its valuation, and its upside potential could be limited as investors pivot toward more balanced cloud software companies like Salesforce. Therefore, I'm not in a hurry to buy Domo.
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What happened
Shares of Domo ( DOMO ) have gotten utterly destroyed today, down by 34% as of 11:30 a.m. EDT, after the company reported second-quarter earnings. The results met or beat expectations, but investors were rattled because Domo also cut its full-year guidance.
So what
Revenue in the second quarter of fiscal 2020 came in at $41.7 million, which is on target with consensus estimates. The cloud-based business analytics platform, which uses a software-as-a-service (SaaS) model, saw subscription revenue increase 24% to $34.9 million, and billings were $38.8 million.
Now what
Guidance for the third quarter calls for revenue of $41.5 million to $42.5 million, which is expected to translate into a non-GAAP net loss per share of $1.00 to $1.04.
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What happened
Shares of Domo ( DOMO 1.31% ) have plunged today, down by 12% as of 11:15 a.m. EDT, after the company reported first-quarter earnings results. Soft guidance overshadowed a modest revenue beat.
So what
Total revenue increased 28% to $40.8 million, slightly ahead of the consensus estimate of $40.7 million. Billings came in at $41.1 million, and subscription revenue was $34.4 million, or 84% of total sales.
Now what
Domo's guidance seemed to spook investors. Revenue in the second quarter is expected in the range of $41 million to $42 million, suggesting the company will miss analyst expectations for $42.3 million. Non-GAAP net loss should be $0.98 to $1.02 per share, and billings should be $42 million.
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