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home / news releases / DOMO - Domo: Risk Of A Deeper Correction

DOMO - Domo: Risk Of A Deeper Correction

Domo Inc.
  • Domo rallied in 2020 on the back of strengthening performance and accelerating growth.
  • However, risks are on the horizon: the company faces plenty of competition and has very thin liquidity.
  • The company's plan to accelerate hiring in 2021 may steepen the company's losses.
  • Its valuation at ~8x 2021 revenue, as best, already fairly values the company.

For further details see:

Domo: Risk Of A Deeper Correction
Stock Information
Company Name: Domo Inc.
Stock Symbol: DOMO
Market: NASDAQ
Website: domo.com
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