Domo Stock Target Price and Analyst Consensus

DOMO Stock  USD 9.28  0.06  0.64%   
The current analyst and expert consensus on Domo is Buy with 4 hold recommendations. The current projected Domo target price consensus is 17.00 with 5 analyst opinions. One of the most common ways Domo Inc analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Domo vendors, executives, and/or customers. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Domo. We strongly encourage you to use your own analysis of Domo Inc to validate this buy or sell advice. Domo recommendation module provides expert sentiment on the projected Domo Inc target price to derive its highest and lowest estimates based on target price standard deviation of 2.7743.
Lowest Forecast
15.47
Highest Forecast
18.87
Target Price
17
As of the 28th of November 2024, Gross Profit is likely to drop to about 156.6 M. In addition to that, Pretax Profit Margin is likely to drop to -0.24. At this time, Domo's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 28th of November 2024, Non Current Liabilities Total is likely to grow to about 209.6 M, while Total Current Liabilities is likely to drop about 196.3 M.
  
It's important to approach Domo's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Domo price targets

Domo's stock target price is an estimate of its future price, usually made by analysts. Using Domo's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Domo's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Domo's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Domo Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Domo is a key component of Domo valuation and have some predictive power on the future returns of a Domo.
Hype
Prediction
LowEstimatedHigh
6.519.3012.09
Details
Intrinsic
Valuation
LowRealHigh
7.9110.7013.49
Details
Naive
Forecast
LowNextHigh
6.579.3612.15
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.16-0.15-0.14
Details

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When determining whether Domo Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Domo's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Domo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Domo Inc Stock:
Check out Macroaxis Advice on Domo to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.