Last Updated: 17 Sep 2024
Executive Summary
Domo Inc. (DOMO) is a cloud-based platform provider with a market capitalization of $283.55 million. The company's financial performance has been mixed, with a trailing twelve-month (TTM) revenue growth of -0.016% and a TTM EPS of -$2.16. Analysts have a mixed outlook on the stock, with 1 Buy rating, 4 Hold ratings, and 0 Strong Sell ratings. The current stock price of $7.24 is below the 50-day and 200-day moving averages.
Company Overview
Domo, Inc. provides a cloud-based platform that enables businesses to connect and analyze their data. The company's platform includes a variety of features, such as data visualization, data integration, and data analysis. Domo serves a wide range of customers, including Fortune 500 companies and small businesses.
Fundamental Analysis
Domo's financial performance has been mixed in recent quarters. The company's TTM revenue growth of -0.016% is a concern, as is its TTM EPS of -$2.16. However, the company's gross profit margin of 73.7% is a positive sign.
Domo's balance sheet is also a concern. The company has a high level of debt, with a debt-to-equity ratio of 1.5. This could make it difficult for the company to raise additional capital in the future.
Technical Analysis
The technical analysis of Domo's stock price is mixed. The stock price is currently below its 50-day and 200-day moving averages, which is a bearish sign. However, the stock price has recently formed a bullish double bottom pattern, which could indicate that a reversal is underway.
Short Term Outlook
The short-term outlook for Domo's stock is uncertain. The stock price is currently below its moving averages, which is a bearish sign. However, the stock price has recently formed a bullish double bottom pattern, which could indicate that a reversal is underway.
Long Term Outlook
The long-term outlook for Domo's stock is also uncertain. The company's financial performance has been mixed, and its balance sheet is a concern. However, the company's cloud-based platform has the potential to be a major growth driver in the future.
Analyst Recommendations
Analysts have a mixed outlook on Domo's stock. One analyst has a Buy rating, four analysts have Hold ratings, and no analysts have Strong Sell ratings. The average analyst target price is $9.60, which is 32.7% above the current stock price.
