
Domo (DOMO) Stock Forecast & Price Target
Domo (DOMO) Analyst Ratings
Bulls say
Domo Inc. has demonstrated a robust financial performance, highlighted by a long-term subscription Remaining Performance Obligation (RPO) of $189.6 million, which reflects a remarkable year-over-year growth of 44.1%. The company's overall subscription RPO rose by 19.5% year-over-year to $409.8 million, indicating a strong multi-year commitment from its customers. Additionally, Domo's gross retention rate stood at 85%, with expectations for a significant increase by year-end, supporting a positive outlook for its future financial stability and growth trajectory.
Bears say
Domo Inc faces a negative outlook primarily due to over $2.5 billion in net operating loss (NOL) carryforwards, which, while potentially advantageous for tax shielding, highlight ongoing operational losses that could hinder profitability. Key risks include macroeconomic pressures, intense competition, and challenges related to technological advancements, all of which may restrict the company's growth and market position. Additionally, the potential failure of new product initiatives and instability in management, coupled with a dual-voting class structure controlled by the founder, raises concerns about governance and strategic direction.
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