Domo, Inc. (DOMO) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - Domo's stock has significantly outperformed the market, with a 150.7% increase year-to-date, surpassing both the Zacks Computer and Technology sector and the Zacks Internet - Software industry [1] Performance Metrics - Domo's stock has risen 31.1% over the past month and reached a new 52-week high of $17.9 [1] - The company has consistently beaten earnings estimates, reporting an EPS of $0.02 against a consensus estimate of -$0.05 in its last earnings report [2] Valuation Metrics - Domo's current valuation metrics are crucial for assessing potential future performance, especially after reaching a 52-week high [3] - The Zacks Style Scores indicate Domo has a Value Score of F, while its Growth and Momentum Scores are A and B, respectively, resulting in a VGM Score of B [5] Zacks Rank - Domo holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts, suggesting potential for further stock price appreciation [6] Competitive Landscape - Domo remains a strong choice within its industry, with NCR Atleos Corporation (NATL) also showing promise, holding a Zacks Rank of 1 (Strong Buy) and a Value Score of A [7] - NCR Atleos Corporation reported a 9.41% earnings beat and is projected to earn $3.98 per share on revenue of $4.36 billion for the current fiscal year [8] Industry Context - The Internet - Software industry is performing well, ranking in the top 26% of all industries, providing favorable conditions for both Domo and NCR Atleos Corporation [9]