
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo Inc. has demonstrated strong financial performance with a long-term subscription remaining performance obligation (RPO) reaching $189.6 million, reflecting a robust year-over-year growth of 44.1%. The company's overall subscription RPO also increased by 19.5% year-over-year to $409.8 million, underscoring the commitment of its customer base to multi-year contracts. Additionally, Domo's gross retention rate stood at 85%, with expectations of it improving by year-end, further supporting a positive outlook for the company's stock performance.
Bears say
Domo Inc. faces significant financial challenges, highlighted by net operating loss (NOL) carryforwards exceeding $2.5 billion, which may create uncertainties regarding its valuation and potential for profitability. Key risks impacting the company's outlook include macroeconomic pressures, intense competition in the SaaS/cloud sector, and the possibility of failed product adoption, all of which can hinder growth and operational stability. Additionally, the firm's reliance on a dual-voting class structure may raise governance concerns among investors, further complicating its financial trajectory.
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
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