
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo Inc. is experiencing a positive outlook, led by a guidance for billings of $310.0 million to $320.0 million, reflecting a modest growth of approximately 2% at the midpoint. The company's shift towards consumption revenue, expected to exceed 65% of annual recurring revenue (ARR) by the end of the year, along with improving net retention rates, signals strengthening customer engagement and financial stability. Additionally, Domo reported an adjusted free cash flow margin of 7.6% and a significant improvement in Non-GAAP EBIT margin to 4.1%, showcasing enhanced profitability and operational efficiency.
Bears say
Domo Inc. has provided a negative outlook based on its guidance for billings and revenue, projecting billings of $62.0M-$63.0M, which represent a 5% decrease year-over-year at the midpoint and fall short of the market consensus of $67.3M. The company's professional services revenue has also declined significantly by 17% year-over-year to $6.9M, which was notably below both consensus expectations and previous estimates. Additionally, Domo expects total revenue to remain flat year-over-year with guidance between $310.0M-$318.0M, indicating stagnation in growth and overall performance below industry peers.
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