
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo is well-positioned in the competitive and evolving market of cloud-based business intelligence and analytics software. With a strong focus on democratizing data and empowering all users within an organization, the company's subscription-based platform and professional services offer recurring revenue streams. Additionally, the company has shown stability in its RPO growth and has a cloud-native architecture that allows for seamless integration with modern hyperscalers and legacy systems. While it faces risks such as tepid buyer demand and potential churn, Domo's strong value proposition and innovative approach to data management make it a compelling investment opportunity.
Bears say
Domo is facing financial struggles, including a recent failure to meet the minimum ARR covenant under their debt facility, leading to potential debt acceleration. Additionally, their growth is decelerating and their total revenue is declining, while the company is also struggling to retain customers and meet revenue expectations. Furthermore, Domo's balance sheet is under pressure, with high levels of debt and a low cash position, and the company's ongoing strategic sale process may not result in a favorable outcome for equity holders.
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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