Domo Inc (NASDAQ:DOMO) price on Friday, April 11, fall -0.48% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.22.
A look at the stock’s price movement, the close in the last trading session was $8.26, moving within a range at $7.755 and $8.46. The beta value (5-Year monthly) was 2.288. Turning to its 52-week performance, $10.15 and $6.01 were the 52-week high and 52-week low respectively. Overall, DOMO moved 0.12% over the past month.
Domo Inc’s market cap currently stands at around $328.30 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-05.
Analysts have a consensus estimate of 78.04M for the company’s revenue for the quarter, with a low and high estimate of 78M and 78.14M respectively. The average forecast suggests down to a -2.58% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 314.43M, representing a -0.83% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that DOMO is a 50% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 1 recommend DOMO as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
DOMO’s current price about 1.73% and 0.19% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.88, while 7-day volatility ratio is 10.16% and 6.66% in the 30-day chart. Further, Domo Inc (DOMO) has a beta value of 1.57, and an average true range (ATR) of 0.60. Analysts have given the company’s stock an average 52-week price target of $8.25, forecast between a low of $8 and high of $8.5. Looking at the price targets, the low is 2.68% off current price level while to achieve the yearly target high, price needs to move -3.41%. Nonetheless, investors will most likely welcome a -0.36% jump to $8.25 which is the analysts’ median price.
If we refocus on Domo Inc (NASDAQ:DOMO), historical trading data shows that trading volumes averaged 0.51 over the past 10 days and 370.61K over the past 3 months. The company’s latest data on shares outstanding shows there are 36.19 million shares.
The 18.16% of Domo Inc’s shares are in the hands of company insiders while institutional holders own 62.98% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 1.4 million on 2025-03-14, giving us a short ratio of 4.03. The data shows that as of 2025-03-14 short interest in Domo Inc (DOMO) stood at 471.99998 of shares outstanding, with shares short falling to 1.62 million registered in 2025-02-14. Current price change has pushed the stock 16.10% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the DOMO stock continues to rise going into the next quarter.
