DomoDOMO
Market Cap: $271M
About: Domo Inc provides a cloud-based platform that digitally connects all the data, systems and people in an organization, giving them access to real-time data and insights and allowing them to manage their business from their smartphones. The company offers a platform to its customers as a subscription-based service. Users receive notifications on any device and immediately act on the invitation, after which the system can write back to the original system of record. The company derives revenue from subscriptions to its cloud-based platform and professional services.
Employees: 958
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
5% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 43
1.76% less ownership
Funds ownership: 71.25% [Q1] → 69.5% (-1.76%) [Q2]
10% less funds holding
Funds holding: 129 [Q1] → 116 (-13) [Q2]
12% less capital invested
Capital invested by funds: $212M [Q1] → $188M (-$24.5M) [Q2]
39% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 33
92% less call options, than puts
Call options by funds: $2.08M | Put options by funds: $26.5M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
DA Davidson Gil Luria 46% 1-year accuracy 18 / 39 met price target | 14%upside $8 | Neutral Maintained | 30 Aug 2024 |
JMP Securities Patrick Walravens 40% 1-year accuracy 38 / 95 met price target | 128%upside $16 | Market Outperform Reiterated | 30 Aug 2024 |
TD Cowen Derrick Wood 67% 1-year accuracy 10 / 15 met price target | 28%upside $9 | Hold Maintained | 30 Aug 2024 |
JMP Securities Patrick Walravens 40% 1-year accuracy 38 / 95 met price target | 128%upside $16 | Market Outperform Reiterated | 20 Aug 2024 |
JMP Securities Patrick Walravens 40% 1-year accuracy 38 / 95 met price target | 128%upside $16 | Market Outperform Reiterated | 1 Jul 2024 |
Financial journalist opinion
Based on 15 articles about DOMO published over the past 30 days