DA Davidson Comments on Domo’s FY2026 Earnings (NASDAQ:DOMO)

Domo, Inc. (NASDAQ:DOMO) – Stock analysts at DA Davidson increased their FY2026 EPS estimates for Domo in a research note issued to investors on Thursday, May 22nd. DA Davidson analyst A. Platt now anticipates that the company will post earnings of ($1.61) per share for the year, up from their prior estimate of ($1.68). 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. DA Davidson also issued estimates for Domo’s FY2027 earnings at ($1.46) EPS.

Domo (NASDAQ:DOMO) last posted its quarterly earnings results on Wednesday, May 21st. The company reported ($0.09) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.10. The business had revenue of $80.11 million for the quarter, compared to analyst estimates of $77.75 million. During the same quarter in the prior year, the firm earned ($0.33) EPS. The firm’s quarterly revenue was up .0% on a year-over-year basis.

Other research analysts have also recently issued reports about the company. Cowen reaffirmed a “hold” rating on shares of Domo in a report on Thursday. JMP Securities reaffirmed a “market outperform” rating and issued a $16.00 price target on shares of Domo in a report on Thursday. Wall Street Zen raised Domo from a “hold” rating to a “buy” rating in a report on Saturday. Cantor Fitzgerald lifted their price target on Domo from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Lake Street Capital reissued a “hold” rating and set a $9.00 price objective (up from $8.50) on shares of Domo in a report on Thursday. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Domo currently has an average rating of “Hold” and an average price target of $10.67.

Domo Stock Up 4.6%

Shares of Domo stock opened at $11.35 on Monday. The stock has a market capitalization of $453.32 million, a P/E ratio of -5.18 and a beta of 1.67. The company has a 50-day simple moving average of $8.03 and a 200 day simple moving average of $8.07. Domo has a 12-month low of $6.01 and a 12-month high of $11.68.

Insider Activity at Domo

In other news, Director Daniel David Daniel III acquired 120,000 shares of the stock in a transaction on Friday, April 4th. The shares were purchased at an average price of $6.44 per share, for a total transaction of $772,800.00. Following the transaction, the director now directly owns 781,400 shares of the company’s stock, valued at approximately $5,032,216. This represents a 18.14% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Joshua G. James bought 77,300 shares of Domo stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of $6.50 per share, for a total transaction of $502,450.00. Following the completion of the acquisition, the chief executive officer now owns 116,600 shares in the company, valued at $757,900. This represents a 196.69% increase in their position. The disclosure for this purchase can be found here. 14.04% of the stock is owned by company insiders.

Institutional Trading of Domo

Several large investors have recently modified their holdings of the stock. Acadian Asset Management LLC grew its holdings in shares of Domo by 3.0% during the 1st quarter. Acadian Asset Management LLC now owns 1,415,884 shares of the company’s stock worth $10,987,000 after purchasing an additional 41,194 shares in the last quarter. Woodline Partners LP grew its holdings in shares of Domo by 3.7% during the 1st quarter. Woodline Partners LP now owns 617,610 shares of the company’s stock worth $4,793,000 after purchasing an additional 21,926 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings 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 in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Domo during the 1st quarter worth $237,000. Finally, Panoramic Capital LLC acquired a new stake in shares of Domo during the 1st quarter worth $776,000. 76.64% of the stock is owned by institutional investors and hedge funds.

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.