Domo Inc [DOMO] stock prices are up 16.03% to $8.18 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The DOMO shares have gain 7.63% over the last week, with a monthly amount drifted -6.25%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on February 11, 2025, and set its price target to $11. On May 24, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $8 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $10 on September 22, 2023. TD Cowen downgraded its rating to a Market Perform and reduced its price target to $14 on August 25, 2023. Morgan Stanley downgraded its rating to Equal-Weight for this stock on January 20, 2023, and downed its price target to $16. In a note dated October 18, 2022, Lake Street initiated an Buy rating and provided a target price of $25 on this stock.
The stock price of Domo Inc [DOMO] has been fluctuating between $6.11 and $11.87 over the past year. Currently, Wall Street analysts expect the stock to reach $16.09 within the next 12 months. Domo Inc [NASDAQ: DOMO] shares were valued at $8.18 at the most recent close of the market. An investor can expect a potential return of 96.7% based on the average DOMO price forecast.
Analyzing the DOMO fundamentals
The Domo Inc [NASDAQ:DOMO] reported sales of 317.04M for trailing twelve months, representing a drop of -1.76%. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.25%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.38, Equity is 0.48 and Total Capital is 1.46. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 7.43 points at the first support level, and at 6.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.60, and for the 2nd resistance point, it is at 9.03.
Ratios To Look Out For
It’s worth pointing out that Domo Inc [NASDAQ:DOMO]’s Current Ratio is 0.49. On the other hand, the Quick Ratio is 0.46, and the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 1.01.
Transactions by insiders
Recent insider trading involved Jolley David R, Chief Financial Officer, that happened on Sep 06 ’24 when 10000.0 shares were purchased. CTO & EVP of Product, Thayne Daren completed a deal on Jun 21 ’24 to sell 7095.0 shares. Meanwhile, Director Daniel Daniel David III bought 0.15 million shares on Jun 20 ’24.
