
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo is a promising investment due to its strong retention rates, continued improvements in operating margin fueled by operating discipline and efficiency gains, and its cloud-native platform that allows for seamless connectivity to data sources. Its balance sheet is also in a solid position, with significant cash and debt with manageable covenants.
Bears say
Domo is facing pressure from missing on key metrics, declining revenue, and decelerating growth rates, as well as the potential risk of not complying with financial covenants. The market may see the company as a liability, given its high leverage, lack of profitability, and uncertainty surrounding its ability to raise additional capital. Management's decision to pursue strategic alternatives also raises questions about the company's future, and its dependence on partnerships and the trend towards consumption-based pricing could weigh on its valuation.
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