DomoDOMO
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 Q3 regulatory filings by fund managers ($100M+ AUM)
3.0% less ownership
Funds ownership: 70.12% [Q2] → 67.12% (-3.0%) [Q3]
6% less capital invested
Capital invested by funds: $189M [Q2] → $178M (-$11M) [Q3]
6% less funds holding
Funds holding: 116 [Q2] → 109 (-7) [Q3]
22% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 41
33% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 21
81% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $5.93M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Lake Street Eric Martinuzzi 55% 1-year accuracy 11 / 20 met price target | 33%upside $9.50 | Hold Maintained | 6 Dec 2024 |
JMP Securities Patrick Walravens 69% 1-year accuracy 74 / 108 met price target | 124%upside $16 | Market Outperform Reiterated | 6 Dec 2024 |
TD Cowen Derrick Wood 74% 1-year accuracy 14 / 19 met price target | 40%upside $10 | Hold Maintained | 29 Nov 2024 |
Financial journalist opinion
Based on 9 articles about DOMO published over the past 30 days