Domo Inc logo

DOMO - Domo Inc News Story

$57.67 2.1  3.8%

Last Trade - 3:15pm

Mid Cap
Market Cap £1.23bn
Enterprise Value £1.24bn
Revenue £149.6m
Position in Universe 2326th / 6856

BUZZ-Domo Inc: Hits record high on upbeat forecast

Fri 4th September, 2020 2:59pm
** Shares of data analytics firm  DOMO.O  up as much as
26.7% at $47.25 in early trade - a record high
    ** DOMO forecasts smaller-than-expected loss for Q3 and
FY21; revenue estimates higher than Street expectations for same
    ** At least 5 brokerages raise PTs; median PT is $45.50 
    ** Brokerage Needham raises PT to $61 from $47, Street's
    ** 4 out of 7 analysts rate stock "buy" or higher, while 3
rate "hold"
    ** Including session's gains, DOMO has more than doubled YTD

 (Reporting by Tiyashi Datta)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.