Domo (DOMO) Stock Forecast, Price Target & Predictions

OverviewRevenue Ownership Financials Chart Transcripts

DOMO Stock Forecast

Domo stock forecast is as follows: an average price target of $16.09 (represents a 125.67% upside from DOMO’s last price of $7.13) and a rating consensus of 'Hold', based on 4 wall street analysts offering a 1-year stock forecast.

DOMO Price Target

The average price target for Domo (DOMO) is $16.09 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $30.00 to $7.00. This represents a potential 125.67% upside from DOMO's last price of $7.13.

DOMO Analyst Ratings

Hold

According to 4 Wall Street analysts, Domo's rating consensus is 'Hold'. The analyst rating breakdown for DOMO stock is 0 'Strong Buy' (0.00%), 1 'Buy' (25.00%), 2 'Hold' (50.00%), 1 'Sell' (25.00%), and 0 'Strong Sell' (0.00%).

Domo Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 24, 2024	Eric Martinuzzi	Lake Street	$8.00	$7.13	12.20%	12.20%
May 24, 2024	Gil Luria	D.A. Davidson	$7.00	$7.13	-1.82%	-1.82%
Aug 25, 2023	Derrick Wood	National Bank	$11.45	$17.04	-32.81%	60.59%
Dec 19, 2022		Morgan Stanley	$24.00	$15.40	55.84%	236.61%
Dec 09, 2022		JMP Securities	$30.00	$14.89	101.48%	320.76%
May 23, 2022	Sanjit Singh	Morgan Stanley	$90.00	$30.99	190.42%	1162.27%

The latest Domo stock forecast, released on May 24, 2024 by Eric Martinuzzi from Lake Street, set a price target of $8.00, which represents a 12.20% increase from the stock price at the time of the forecast ($7.13), and a 12.20% increase from DOMO last price ($7.13).

Domo Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$7.50
Last Closing Price	$7.13	$7.13	$7.13
Upside/Downside	-100.00%	-100.00%	5.19%

In the current month, the average price target of Domo stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Domo's last price of $7.13. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
Aug 27, 2024	Cowen & Co.	Hold	Hold	Hold
May 24, 2024	Lake Street		Hold	Downgrade
May 21, 2024	Cowen & Co.	Hold	Hold	Hold
Aug 25, 2023	Cowen & Co.	Outperform	Market Perform	Downgrade
Jan 20, 2023	Morgan Stanley	Overweight	Reduce	Downgrade
Dec 19, 2022	Morgan Stanley	Overweight	Overweight	Hold
Dec 09, 2022	JMP Securities	Market Outperform	Market Outperform	Hold
May 23, 2022	Morgan Stanley	Overweight	Overweight	Hold

Domo's last stock rating was published by Cowen & Co. on Aug 27, 2024. The company gave DOMO a "Hold" rating, the same as its previous rate.

Domo Financial Forecast

Domo Revenue Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	$80.18M	$79.67M	-	-	$79.62M	$79.03M	$75.53M	-	$69.99M	$65.08M	$62.83M	-	$56.84M	$53.65M	$51.13M	-	$46.17M	$44.77M
Avg Forecast	$83.00M	$81.00M	$80.00M	$79.00M	$79.38M	$79.36M	$77.66M	$77.92M	$78.00M	$77.56M	$76.60M	$79.50M	$79.55M	$79.00M	$78.90M	$78.86M	$77.48M	$76.38M	$76.40M	$74.09M	$67.42M	$64.32M	$60.86M	$57.24M	$54.04M	$51.75M	$49.02M	$45.65M	$45.71M	$41.81M
High Forecast	$83.05M	$81.05M	$80.05M	$79.05M	$79.43M	$79.41M	$77.71M	$77.97M	$78.05M	$77.60M	$76.60M	$79.55M	$79.60M	$79.04M	$78.95M	$78.91M	$77.53M	$76.55M	$76.57M	$74.26M	$67.57M	$64.46M	$61.00M	$57.37M	$54.16M	$51.86M	$49.13M	$45.75M	$45.81M	$41.91M
Low Forecast	$82.96M	$80.96M	$79.96M	$78.96M	$79.34M	$79.32M	$77.62M	$77.88M	$77.96M	$77.51M	$76.60M	$79.46M	$79.50M	$78.96M	$78.86M	$78.82M	$77.44M	$76.25M	$76.27M	$73.97M	$67.31M	$64.21M	$60.76M	$57.15M	$53.95M	$51.66M	$48.94M	$45.57M	$45.63M	$41.74M
# Analysts	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	6	5	5	8	5	4
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	1.01%	1.01%	-	-	1.03%	1.03%	0.99%	-	1.04%	1.01%	1.03%	-	1.05%	1.04%	1.04%	-	1.01%	1.07%

Domo's average Quarter revenue forecast for May 24 based on 1 analysts is $79.50M, with a low forecast of $79.46M, and a high forecast of $79.55M. DOMO's average Quarter revenue forecast represents a -0.85% decrease compared to the company's last Quarter revenue of $80.18M (Jan 24).

Domo EBITDA Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	6	5	5	8	5	4
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	$-7.05M	$-9.59M	-	-	$-14.88M	$-17.24M	$-24.43M	-	$-32.23M	$-26.92M	$-20.87M	-	$-18.38M	$-20.96M	$-16.72M	-	$-28.02M	$-27.33M
Avg Forecast	$-28.52M	$-27.83M	$-27.49M	$-27.14M	$-27.27M	$-27.27M	$-26.68M	$-26.77M	$-26.80M	$-26.65M	$-26.32M	$-37.00M	$-27.33M	$-27.14M	$-27.11M	$-33.63M	$-31.35M	$-25.03M	$-25.04M	$-30.58M	$-22.09M	$-21.08M	$-19.94M	$-23.08M	$-17.71M	$-16.96M	$-16.06M	$-31.24M	$-14.98M	$-13.70M
High Forecast	$-28.50M	$-27.82M	$-27.47M	$-27.13M	$-27.26M	$-27.25M	$-26.67M	$-26.76M	$-26.79M	$-26.63M	$-26.32M	$-29.60M	$-27.32M	$-27.13M	$-27.10M	$-26.91M	$-25.08M	$-24.99M	$-24.99M	$-24.46M	$-22.06M	$-21.04M	$-19.91M	$-18.46M	$-17.68M	$-16.93M	$-16.04M	$-24.99M	$-14.95M	$-13.68M
Low Forecast	$-28.53M	$-27.85M	$-27.50M	$-27.16M	$-27.29M	$-27.28M	$-26.70M	$-26.79M	$-26.82M	$-26.66M	$-26.32M	$-44.40M	$-27.35M	$-27.16M	$-27.13M	$-40.36M	$-37.62M	$-25.08M	$-25.09M	$-36.69M	$-22.14M	$-21.12M	$-19.99M	$-27.69M	$-17.75M	$-17.00M	$-16.10M	$-37.48M	$-15.01M	$-13.73M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.26%	0.35%	-	-	0.47%	0.69%	0.98%	-	1.46%	1.28%	1.05%	-	1.04%	1.24%	1.04%	-	1.87%	1.99%

undefined analysts predict DOMO's average Quarter EBITDA for undefined to be $NaN, with a high of $NaN and a low of $NaN. This is NaN% lower than Domo's previous annual EBITDA (undefined) of $NaN.

Domo Net Income Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	6	5	5	8	5	4
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	$-18.68M	$-16.41M	-	-	$-19.81M	$-23.71M	$-29.14M	-	$-33.25M	$-28.51M	$-22.24M	-	$-19.61M	$-22.22M	$-17.90M	-	$-29.86M	$-29.10M
Avg Forecast	$-1.94M	$-1.94M	$-2.33M	$-2.72M	$-3.66M	$-3.30M	$-3.90M	$-7.00M	$-6.17M	$-5.85M	$-10.68M	$-38.17M	$-2.52M	$-4.74M	$-3.49M	$-34.70M	$-33.21M	$-9.89M	$-12.57M	$-31.55M	$-14.97M	$-13.21M	$-13.82M	$-24.63M	$-16.53M	$-16.74M	$-19.34M	$-33.28M	$-36.86M	$-38.96M
High Forecast	$-1.94M	$-1.94M	$-2.33M	$-2.72M	$-3.66M	$-3.29M	$-3.90M	$-7.00M	$-5.48M	$-5.46M	$-10.67M	$-30.54M	$-2.52M	$-4.73M	$-3.49M	$-27.76M	$-26.57M	$-9.86M	$-12.55M	$-25.24M	$-14.94M	$-13.18M	$-13.79M	$-19.71M	$-16.50M	$-16.71M	$-19.29M	$-26.62M	$-36.78M	$-38.87M
Low Forecast	$-1.94M	$-1.94M	$-2.33M	$-2.72M	$-3.66M	$-3.30M	$-3.90M	$-7.01M	$-6.51M	$-6.24M	$-10.69M	$-45.81M	$-2.53M	$-4.74M	$-3.50M	$-41.64M	$-39.85M	$-9.91M	$-12.61M	$-37.86M	$-15.02M	$-13.24M	$-13.86M	$-29.56M	$-16.58M	$-16.79M	$-19.39M	$-39.94M	$-36.97M	$-39.07M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	7.40%	3.46%	-	-	0.60%	2.40%	2.32%	-	2.22%	2.16%	1.61%	-	1.19%	1.33%	0.93%	-	0.81%	0.75%

Domo's average Quarter net income forecast for undefined is $NaN, with a range of $NaN to $NaN. DOMO's average Quarter net income forecast represents a NaN% decrease compared to the company's last Quarter net income of $NaN (undefined).

Domo SG&A Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	6	5	5	8	5	4
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	$48.94M	$52.39M	-	-	$55.53M	$54.04M	$57.52M	-	$57.89M	$50.93M	$45.76M	-	$42.60M	$41.54M	$36.94M	-	$41.39M	$39.37M
Avg Forecast	$64.49M	$62.94M	$62.16M	$61.38M	$61.68M	$61.66M	$60.34M	$60.54M	$60.61M	$60.26M	$59.52M	$66.46M	$61.81M	$61.38M	$61.31M	$60.41M	$59.32M	$58.49M	$58.51M	$54.92M	$51.63M	$49.26M	$46.61M	$53.50M	$41.38M	$39.63M	$37.54M	$34.95M	$35.00M	$32.02M
High Forecast	$64.53M	$62.97M	$62.19M	$61.42M	$61.71M	$61.70M	$60.38M	$60.58M	$60.64M	$60.29M	$59.52M	$79.75M	$61.85M	$61.42M	$61.34M	$72.50M	$71.19M	$58.62M	$58.64M	$65.91M	$51.74M	$49.36M	$46.71M	$64.20M	$41.48M	$39.72M	$37.62M	$35.03M	$35.08M	$32.09M
Low Forecast	$64.45M	$62.90M	$62.12M	$61.35M	$61.64M	$61.63M	$60.31M	$60.51M	$60.58M	$60.23M	$59.52M	$53.16M	$61.77M	$61.35M	$61.27M	$48.33M	$47.46M	$58.39M	$58.41M	$43.94M	$51.54M	$49.17M	$46.53M	$42.80M	$41.31M	$39.56M	$37.48M	$34.90M	$34.94M	$31.97M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	0.79%	0.85%	-	-	0.94%	0.92%	0.98%	-	1.12%	1.03%	0.98%	-	1.03%	1.05%	0.98%	-	1.18%	1.23%

Domo's average Quarter SG&A projection for May 24 is $66.46M, based on 1 Wall Street analysts, with a range of $53.16M to $79.75M. The forecast indicates a 35.79% rise compared to DOMO last annual SG&A of $48.94M (Jan 24).

Domo EPS Forecast

	Jan 27	Oct 26	Jul 26	May 26	Jan 26	Oct 25	Jul 25	May 25	Jan 25	Oct 24	Jul 24	May 24	Jan 24	Oct 23	Jul 23	May 23	Jan 23	Oct 22	Jul 22	May 22	Jan 22	Oct 21	Jul 21	May 21	Jan 21	Oct 20	Jul 20	May 20	Jan 20	Oct 19
# Analysts	1	1	1	1	1	1	1	1	2	2	1	1	1	2	1	1	1	1	1	1	1	1	1	1	6	5	5	8	5	4
EPS	-	-	-	-	-	-	-	-	-	-	-	-	$-0.51	$-0.45	-	-	$-0.57	$-0.69	$-0.86	-	$-1.01	$-0.88	$-0.70	-	$-0.65	$-0.75	$-0.62	-	$-1.06	$-1.05
Avg Forecast	$-0.05	$-0.05	$-0.06	$-0.07	$-0.09	$-0.08	$-0.10	$-0.18	$-0.16	$-0.15	$-0.28	$-0.23	$-0.07	$-0.12	$-0.09	$-0.17	$-0.09	$-0.26	$-0.33	$-0.40	$-0.39	$-0.34	$-0.36	$-0.44	$-0.43	$-0.44	$-0.50	$-0.91	$-0.96	$-1.01
High Forecast	$-0.05	$-0.05	$-0.06	$-0.07	$-0.09	$-0.08	$-0.10	$-0.18	$-0.14	$-0.14	$-0.27	$-0.23	$-0.06	$-0.12	$-0.09	$-0.17	$-0.09	$-0.26	$-0.33	$-0.39	$-0.39	$-0.34	$-0.36	$-0.44	$-0.43	$-0.44	$-0.50	$-0.90	$-0.96	$-1.01
Low Forecast	$-0.05	$-0.05	$-0.06	$-0.07	$-0.09	$-0.08	$-0.10	$-0.18	$-0.17	$-0.16	$-0.28	$-0.23	$-0.07	$-0.12	$-0.09	$-0.17	$-0.09	$-0.26	$-0.33	$-0.40	$-0.39	$-0.34	$-0.36	$-0.44	$-0.43	$-0.44	$-0.51	$-0.91	$-0.96	$-1.02
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	7.85%	3.69%	-	-	6.06%	2.68%	2.63%	-	2.59%	2.56%	1.94%	-	1.51%	1.72%	1.23%	-	1.10%	1.03%

According to undefined Wall Street analysts, Domo's projected average Quarter EPS for undefined is $NaN, with a low estimate of $NaN and a high estimate of $NaN. This represents a NaN% decrease compared to DOMO previous annual EPS of $NaN (undefined).

Domo Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
DOMO	Domo	$7.69	$16.09	109.23%	Hold
RSKD	Riskified	$4.85	$6.00	23.71%	Hold
MNDY	monday	$251.80	$296.25	17.65%	Buy
PD	PagerDuty	$19.60	$22.67	15.66%	Buy
MITK	Mitek Systems	$10.93	$12.63	15.55%	Buy
YMM	Full Truck Alliance	$10.92	$12.00	9.89%	Buy
DT	Dynatrace	$55.50	$59.50	7.21%	Buy
RNG	RingCentral	$39.24	$37.33	-4.87%	Buy
DDOG	Datadog	$156.91	$148.25	-5.52%	Buy
ESTC	Elastic	$107.25	$93.00	-13.29%	Buy
BILL	Bill.com	$87.46	$63.82	-27.03%	Buy
FSLY	Fastly	$11.33	$6.75	-40.42%	Hold

DOMO Forecast FAQ

Is Domo a good buy?

No, according to 4 Wall Street analysts, Domo (DOMO) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of DOMO's total ratings.

What is DOMO's price target?

Domo (DOMO) average price target is $16.09 with a range of $7 to $30, implying a 125.67% from its last price of $7.13. The data is based on 4 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Domo stock go up soon?

According to Wall Street analysts' prediction for DOMO stock, the company can go up by 125.67% (from the last price of $7.13 to the average price target of $16.09), up by 320.76% based on the highest stock price target, and down by -1.82% based on the lowest stock price target.

Can Domo stock reach $11?

DOMO's average twelve months analyst stock price target of $16.09 supports the claim that Domo can reach $11 in the near future.

What are Domo's analysts' financial forecasts?

Domo's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $314.32M (high $314.5M, low $314.15M), average EBITDA is $-108M (high $-108M, low $-108M), average net income is $-17.861M (high $-17.848M, low $-17.874M), average SG&A $244.22M (high $244.36M, low $244.09M), and average EPS is $-0.46 (high $-0.46, low $-0.46). DOMO's analysts financial forecasts for the fiscal year (Jan 2027) are as follows: average revenue is $323M (high $323.19M, low $322.83M), average EBITDA is $-111M (high $-111M, low $-111M), average net income is $-8.931M (high $-8.925M, low $-8.938M), average SG&A $250.96M (high $251.11M, low $250.83M), and average EPS is $-0.23 (high $-0.23, low $-0.23).

Did the DOMO's actual financial results beat the analysts' financial forecasts?

Based on Domo's last annual report (Jan 2024), the company's revenue was $318.99M, beating the average analysts forecast of $316.31M by 0.85%. Apple's EBITDA was $-30.489M, missing the average prediction of $-115M by -73.54%. The company's net income was $-75.569M, beating the average estimation of $-45.46M by 66.23%. Apple's SG&A was $195.5M, missing the average forecast of $244.91M by -20.17%. Lastly, the company's EPS was $-2.1, beating the average prediction of $-0.45 by 367.19%. In terms of the last quarterly report (Jan 2024), Domo's revenue was $80.18M, beating the average analysts' forecast of $79.55M by 0.80%. The company's EBITDA was $-7.047M, missing the average prediction of $-27.333M by -74.22%. Domo's net income was $-18.685M, beating the average estimation of $-2.524M by 640.27%. The company's SG&A was $48.94M, missing the average forecast of $61.81M by -20.82%. Lastly, the company's EPS was $-0.51, beating the average prediction of $-0.065 by 684.62%