
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo Inc. is projecting billings of $310.0 million to $320.0 million, reflecting a growth of approximately 2% at the midpoint, while also highlighting positive momentum from partnerships with cloud data warehouse providers and improving net retention rates. The company anticipates that consumption revenue as a percentage of Annual Recurring Revenue (ARR) will exceed 65% by year-end, contributing to a more optimistic overall revenue outlook. Furthermore, Domo has demonstrated improved financial metrics, with an adjusted free cash flow margin of 7.6% and enhanced non-GAAP EBIT profitability, indicating a strengthening operational performance.
Bears say
Domo Inc's financial outlook is marked by a significant decline in forecasted billings, with management guiding $62.0M-$63.0M, representing a 5% year-over-year drop at the midpoint, significantly lower than the consensus estimate of $67.3M. Additionally, the company reported a 17% year-over-year decline in professional services revenue, coming in at $6.9M, which fell short of both the consensus and prior estimates. Overall, Domo's total revenue continues to show signs of deceleration, with full-year guidance projecting a decrease in growth, reflecting its position in the fourth quartile among peer software companies.
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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