What is DA Davidson’s Forecast for Domo Q2 Earnings?

Domo, Inc. (NASDAQ:DOMO) – Stock analysts at DA Davidson issued their Q2 2026 earnings per share (EPS) estimates for shares of Domo in a research report issued to clients and investors on Thursday, May 22nd. DA Davidson analyst A. Platt forecasts that the company will earn ($0.40) per share for the quarter. DA Davidson has a “Neutral” rating and a $9.00 price target on the stock. The consensus estimate for Domo’s current full-year earnings is ($2.10) per share.

Other analysts have also recently issued reports about the company. Lake Street Capital reissued a “hold” rating and issued a $9.00 target price (up from $8.50) on shares of Domo in a research note on Thursday. Cantor Fitzgerald lifted their price objective on Domo from $11.00 to $12.00 and gave the stock an “overweight” rating in a research report on Thursday. Cowen reissued a “hold” rating on shares of Domo in a research note on Thursday. 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 note on Wednesday, April 16th. Finally, Wall Street Zen upgraded shares of Domo from a “hold” rating to a “buy” rating in a report on Saturday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.67.

Domo Trading Up 4.6%

DOMO stock opened at $11.35 on Friday. The stock has a market capitalization of $453.32 million, a price-to-earnings ratio of -5.18 and a beta of 1.67. The firm’s 50-day moving average price is $8.03 and its two-hundred day moving average price is $8.08. Domo has a 12-month low of $6.01 and a 12-month high of $11.68.

Domo (NASDAQ:DOMO) last released its quarterly earnings data on Wednesday, May 21st. The company reported ($0.09) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.19) by $0.10. The company had revenue of $80.11 million for the quarter, compared to analysts’ expectations of $77.75 million. During the same period last year, the company posted ($0.33) EPS. The business’s revenue for the quarter was up .0% compared to the same quarter last year.

Hedge Funds Weigh In On Domo

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Domo in the 4th quarter worth approximately $47,000. R Squared Ltd bought a new stake in Domo in the fourth quarter worth $56,000. Riggs Capital Management LLC purchased a new stake in shares of Domo in the fourth quarter worth $85,000. SG Americas Securities LLC grew its stake in shares of Domo by 19.1% in the fourth quarter. SG Americas Securities LLC now owns 13,987 shares of the company’s stock worth $99,000 after acquiring an additional 2,247 shares during the last quarter. Finally, Intech Investment Management LLC purchased a new position in shares of Domo in the 4th quarter worth about $103,000. Institutional investors own 76.64% of the company’s stock.

Insider Activity

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

Domo Company Profile

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.