Needham analyst Jack Andrews reiterated a Buy rating on Domo (NASDAQ:DOMO) on Friday, setting a price target of $111, which is approximately 70.38% above the present share price of $65.15.
Andrews expects Domo to post earnings per share (EPS) of -$0.70 for the fourth 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 $110.5.
The analysts price targets range from a high of $111 to a low of $110.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $62.83 million and a net profit of -$18.6 million. The company's market cap is $2.1 billion.
According to TipRanks.com, Needham analyst Jack Andrews is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 22.3% and a 57.71% 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.