How to Buy Domo Stock
Domo Inc
Domo, Inc. operates a cloud-based business intelligence platform in the United States, Japan, and internationally.
Domo stock last closed at $7.72, down 1.66% from the previous day, and has decreased 13.84% in one year. It has underperformed other stocks in the Software - Application industry by 0.4 percentage points. Domo stock is currently +26.35% from its 52-week low of $6.11, and -36.87% from its 52-week high of $12.23.
As of Dec 12, 2024, there are 39.11M shares of DOMO outstanding. The market value of DOMO is $301.91M. In the last 24 hours, 236,858 DOMO shares were traded.
How to Buy Domo Stock
Not sure how to invest in Domo stock? Here's how.
- Decide where to buy Domo stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Domo stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Pick your payment method and add your info.
- Analyze Domo stock: The Domo ticker symbol is DOMO. Is Domo stock a good investment? Should you buy shares of DOMO? How do DOMO's underlying business fundamentals look? Do top analysts think Domo is a good buy? Why has DOMO's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if DOMO is a good stock to buy).
- Execute your DOMO purchase: Decide if you will purchase DOMO shares at the current market price or use a limit order to purchase DOMO shares at a particular price.
- Get key alerts regarding your DOMO investment: Create a watchlist to track your position in Domo stock.
Step 1: Decide where to buy Domo stock
You need a brokerage account to access the NASDAQ market and buy DOMO shares.
Our favorite brokerage: eToro
Based on our analysis, eToro is the best place to buy stocks. eToro gives you:
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- Security: eToro is a regulated and licensed brokerage platform.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal information so you can buy DOMO today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new brokerage account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the highest rated app to buy and sell stocks, you need to deposit funds:
Watch the video below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Domo stock
After you have figured out the best place to buy Domo stock, it's crucial to research their stock before you buy, so you truly wrap your head around the risk and opportunity.
Domo shares data
Fundamentals of DOMO
WallStreetZen was built to help part-time investors perform more accurate fundamental analysis.
You can see all of the due diligence checks on DOMO's stock page.
Is DOMO stock undervalued or overvalued?
Investors use many financial metrics, analyses, models, and charts to gauge DOMO's true value.
You can do additional valuation research on DOMO's stock here.
DOMO Financial Overview
Pros:
- DOMO has cash burn of 22291000. It has sufficient cash and short-term investments to cover this for at least one year.
Cons:
- DOMO has $40.93M in cash and short term investments. This is not enough to cover its annual cash burn of $22.29M.
- DOMO profit margin has gone down from -24.1% to -26% in the past year.
- There are more long-term liabilities than short-term assets on the DOMO balance sheet.
- DOMO debt to equity ratio of -2.11 is negative.
- There are more short-term liabilities than short-term assets on the DOMO balance sheet.
- Total DOMO debt is still negative.
Do Wall Street analysts think it's a good time to buy Domo stock
Out of 4 Wall Street analysts who monitor DOMO, the consensus analyst rating on DOMO is a Hold
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Domo stock forecast page.
DOMO Trading Indicators
Is DOMO Making Money?
Last year, DOMO revenue was $318.46M. Over the last 5 year, DOMO's revenue has gone up by 13.83% per year. This was slower than the Software - Application industry average of 28.98%.
Dive into DOMO's earnings and revenue performance here.
Latest Insiders Trades at DOMO
Over the past year, insiders at DOMO have bought more shares than they have sold.
Joshua G. James, Founder and CEO of DOMO, was the latest DOMO insider to sell. They sold $182,983.32 worth of DOMO shares on Sep 20, 2024.
Research more about who owns DOMO shares here.
Can I rely on DOMO as an income stream?
No, Domo doesn't provide an income stream by paying out dividends.
What do other investors have to say about DOMO?
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your DOMO purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount limit, place a limit order.
Click the Open button and your broker will execute your order.
If you require additional assistance investing in stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your DOMO investment
Now that you own some DOMO shares, you'll want to stay up-to-date on your investment.
Put DOMO on a watchlist to get notified of the latest news about your DOMO stock.
DOMO Feed
How to Buy Stock in Domo
To reiterate, here are the 6 steps to buy Domo stock:
- Decide where to buy Domo stock
- Open your brokerage account
- Fund your investment account
- Analyze Domo stock
- Execute your DOMO purchase
- Get key alerts regarding your DOMO investment
If you need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Domo, create your watchlist below.
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