
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo Inc. is projecting billings of $310.0M to $320.0M, reflecting a modest increase of approximately 2% at the midpoint, demonstrating consistent revenue growth prospects through strategic partnerships with cloud data warehouse providers. The company is experiencing an upward trend in consumption revenue, expected to comprise over 65% of annual recurring revenue (ARR) by year-end, alongside improved net retention rates, signaling strong customer engagement. Additionally, Domo demonstrated financial improvements with a reported adjusted free cash flow margin of 7.6% and an increase in Non-GAAP EBIT margin to 4.1%, indicating a pathway to enhanced profitability.
Bears say
Domo Inc's financial outlook reflects a concerning decline in key metrics, with management guiding towards billings of $62.0M-$63.0M, representing a 5% year-over-year decrease at the midpoint, which falls significantly short of the consensus estimate of $67.3M. Additionally, the company reported a professional services revenue of $6.9M, a 17% decline year-over-year, underperforming against the consensus expectation of $8.3M. Furthermore, Domo's full-year revenue guidance of $310.0M-$318.0M indicates stagnation, with a projected 1% year-over-year decline, further contributing to a negative sentiment regarding its growth trajectory in the competitive software market.
This aggregate rating is based on analysts' research of Domo and is not a guaranteed prediction by Public.com or investment advice.
Domo (DOMO) Analyst Forecast & Price Prediction
Start investing in Domo (DOMO)
Order type
Buy in
Order amount
Est. shares
0 shares