Analysts Set Domo, Inc. (NASDAQ:DOMO) PT at $12.07

Domo, Inc. (NASDAQ:DOMO) has been given an average recommendation of “Hold” by the nine research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, three have assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $12.0714.

DOMO has been the topic of a number of recent research reports. DA Davidson set a $10.00 price target on shares of Domo in a research note on Friday, December 5th. Weiss Ratings restated a “sell (d-)” rating on shares of Domo in a research report on Wednesday, January 21st. TD Cowen lowered their price target on shares of Domo from $16.00 to $9.00 and set a “buy” rating for the company in a report on Friday, February 20th. Citizens Jmp reissued an “underperform” rating and set a $3.50 price objective on shares of Domo in a research note on Friday, February 13th. Finally, Wall Street Zen downgraded Domo from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st.

Institutional Trading of Domo

A number of institutional investors have recently bought and sold shares of the stock. AQR Capital Management LLC boosted its stake in Domo by 17.5% during the first quarter. AQR Capital Management LLC now owns 40,231 shares of the company’s stock worth $312,000 after buying an additional 5,985 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in shares of Domo during the 1st quarter worth about $237,000. Goldman Sachs Group Inc. boosted its stake in shares of Domo by 22.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock worth $1,340,000 after purchasing an additional 31,740 shares during the period. FNY Investment Advisers LLC bought a new position in Domo during the 2nd quarter valued at about $49,000. Finally, AlphaQuest LLC raised its position in Domo by 707.3% in the 2nd quarter. AlphaQuest LLC now owns 6,604 shares of the company’s stock worth $92,000 after purchasing an additional 5,786 shares during the period. 76.64% of the stock is currently owned by institutional investors.

Domo Trading Down 10.9%

Shares of Domo stock opened at $3.59 on Friday. The firm has a market cap of $150.06 million, a PE ratio of -2.10 and a beta of 1.64. The stock has a 50 day moving average of $6.24 and a 200 day moving average of $10.94. Domo has a 12 month low of $3.45 and a 12 month high of $18.49.

Domo (NASDAQ:DOMO) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.06. The firm had revenue of $79.40 million for the quarter, compared to analysts’ expectations of $79.03 million. The firm’s revenue for the quarter was down .5% on a year-over-year basis. Domo has set its FY 2026 guidance at -0.110–0.070 EPS and its Q4 2026 guidance at -0.050–0.010 EPS. As a group, equities research analysts forecast that Domo will post -2.1 earnings per share for the current fiscal year.

About Domo

Domo, Inc (NASDAQ: DOMO) is a cloud-based software company that specializes in business intelligence and data analytics. The company’s flagship product, the Domo Business Cloud, provides organizations with an end-to-end platform to integrate, visualize and analyze data from a wide array of sources. By unifying disparate data feeds into interactive dashboards and custom applications, Domo enables real-time insights that inform decision-making across all levels of an enterprise.

Founded in 2010 by Josh James, Domo is headquartered in American Fork, Utah, and operates offices across North America, Europe and Asia Pacific.