Morgan Stanley (NYSE:MS) analyst Sanjit Singh maintained a Buy rating on Domo (NASDAQ:DOMO) on Tuesday, setting a price target of $91, which is approximately 4.10% below the present share price of $94.89.
Singh expects Domo to post earnings per share (EPS) of -$0.58 for the third quarter of 2021.
The current consensus among 3 TipRanks analysts is for a Strong Buy rating of shares in Domo, with an average price target of $99.67.
The analysts price targets range from a high of $106 to a low of $93.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $60.06 million and a net profit of -$14.95 million. The company's market cap is $3.01 billion.
According to TipRanks.com, Morgan Stanley analyst Sanjit Singh is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.8% and a 59.76% success rate.
Domo, Inc. designs, develops, and markets executive management software solutions. It offers customized software tools for business operations, customer relationship management, human resources, and financial reporting. The company was founded by Joshua G. James in September 2010 and is headquartered in American Fork, UT.