DA Davidson Issues Optimistic Outlook for Domo Earnings

Domo, Inc. (NASDAQ:DOMO) – DA Davidson lifted their Q1 2026 EPS estimates for Domo in a research report issued to clients and investors on Tuesday, April 15th. DA Davidson analyst A. Platt now anticipates that the company will earn ($0.55) per share for the quarter, up from their previous estimate of ($0.56). DA Davidson has a “Hold” rating on the stock. The consensus estimate for Domo’s current full-year earnings is ($2.10) per share. DA Davidson also issued estimates for Domo’s FY2026 earnings at ($1.68) EPS and FY2027 earnings at ($1.54) EPS.

A number of other research analysts have also recently weighed in on the stock. Lake Street Capital cut their price objective on Domo from $9.50 to $8.50 and set a “hold” rating for the company in a research report on Friday, March 7th. Morgan Stanley dropped their price target on Domo from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Wednesday. Cowen restated a “hold” rating on shares of Domo in a research report on Friday, March 7th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $11.00 price objective on shares of Domo in a research report on Thursday, March 20th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $10.25.

Domo Trading Down 2.8 %

Shares of DOMO opened at $6.93 on Thursday. Domo has a 12-month low of $6.01 and a 12-month high of $10.15. The stock has a market cap of $276.78 million, a P/E ratio of -3.16 and a beta of 2.28. The company has a 50-day moving average of $8.10 and a two-hundred day moving average of $8.00.

Domo (NASDAQ:DOMO) last released its quarterly earnings results on Thursday, March 6th. The company reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.26). The company had revenue of $78.77 million during the quarter, compared to analyst estimates of $77.95 million.

Insider Activity

In related news, CEO Joshua G. James bought 77,300 shares of the firm’s stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of $6.50 per share, with a total value of $502,450.00. Following the completion of the transaction, the chief executive officer now owns 116,600 shares of the company’s stock, valued at approximately $757,900. The trade was a 196.69 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director David R. Jolley sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $8.31, for a total transaction of $207,750.00. Following the transaction, the director now directly owns 255,743 shares of the company’s stock, valued at $2,125,224.33. This trade represents a 8.90 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 14.04% of the company’s stock.

Hedge Funds Weigh In On Domo

A number of hedge funds have recently made changes to their positions in the stock. Pilgrim Partners Asia Pte Ltd purchased a new position in shares of Domo in the 4th quarter worth $47,000. R Squared Ltd purchased a new position in shares of Domo in the 4th quarter worth about $56,000. Riggs Capital Management LLC acquired a new position in shares of Domo in the 4th quarter valued at about $85,000. XTX Topco Ltd purchased a new stake in shares of Domo during the 3rd quarter worth about $97,000. Finally, SG Americas Securities LLC increased its position in Domo by 19.1% during the 4th quarter. SG Americas Securities LLC now owns 13,987 shares of the company’s stock worth $99,000 after purchasing an additional 2,247 shares in the last quarter. Institutional investors and hedge funds own 76.64% of the company’s stock.

About Domo

Domo, Inc, together with its subsidiaries, operates a cloud-based business intelligence platform in North America, Western Europe, Canada, Australia, and Japan. Its platform digitally connects from the chief executive officer to the frontline employee with the various people, data, and systems in an organization, as well as giving them access to real-time data and insights, and allowing them to manage business via various browsers and visualization engines accessible across laptops, TV screens, monitors, tablets, and smartphones.