Cantor Fitzgerald Comments on Domo FY2026 Earnings

Domo, Inc. (NASDAQ:DOMO) – Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Domo in a report released on Monday, June 9th. Cantor Fitzgerald analyst Y. Lee expects that the company will post earnings of ($1.78) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $12.00 target price on the stock. The consensus estimate for Domo’s current full-year earnings is ($2.10) per share.

DOMO has been the subject of a number of other reports. Wall Street Zen raised Domo from a “hold” rating to a “buy” rating in a research report on Saturday, May 24th. Morgan Stanley decreased their price objective on Domo from $9.00 to $8.00 and set an “equal weight” rating for the company in a report on Wednesday, April 16th. DA Davidson boosted their price objective on Domo from $8.00 to $9.00 and gave the company a “neutral” rating in a research note on Thursday, May 22nd. Cowen reaffirmed a “hold” rating on shares of Domo in a report on Thursday, May 22nd. Finally, Lake Street Capital reiterated a “hold” rating and issued a $9.00 target price (up previously from $8.50) on shares of Domo in a research note on Thursday, May 22nd. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $10.67.

Domo Trading Up 0.9%

NASDAQ:DOMO opened at $13.69 on Thursday. Domo has a 12 month low of $6.01 and a 12 month high of $14.83. The firm’s 50 day moving average is $9.52 and its 200 day moving average is $8.51. The stock has a market capitalization of $546.78 million, a PE ratio of -6.25 and a beta of 1.84.

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

Insider Activity at Domo

In other news, CEO Joshua G. James purchased 77,300 shares of the business’s stock in a transaction on Friday, April 4th. The stock was purchased at an average cost of $6.50 per share, with a total value of $502,450.00. Following the acquisition, the chief executive officer now directly owns 116,600 shares in the company, valued at approximately $757,900. This trade represents a 196.69% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel David Daniel III purchased 120,000 shares of Domo stock in a transaction dated Friday, April 4th. The shares were purchased at an average price of $6.44 per share, with a total value of $772,800.00. Following the completion of the transaction, the director now directly owns 781,400 shares in the company, valued at approximately $5,032,216. This represents a 18.14% increase in their ownership of the stock. The disclosure for this purchase can be found here. 15.24% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Domo

Institutional investors and hedge funds have recently made changes to their positions in the business. Rhumbline Advisers boosted its stake in Domo by 5.0% during the first quarter. Rhumbline Advisers now owns 49,557 shares of the company’s stock valued at $385,000 after buying an additional 2,369 shares during the period. Acadian Asset Management LLC raised its holdings in shares of Domo by 3.0% in the 1st quarter. Acadian Asset Management LLC now owns 1,415,884 shares of the company’s stock valued at $10,987,000 after acquiring an additional 41,194 shares in the last quarter. Woodline Partners LP boosted its position in shares of Domo by 3.7% during the 1st quarter. Woodline Partners LP now owns 617,610 shares of the company’s stock valued at $4,793,000 after acquiring an additional 21,926 shares during the last quarter. Goldman Sachs Group Inc. boosted its position 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 valued at $1,340,000 after acquiring an additional 31,740 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Domo during the first quarter worth about $237,000. Hedge funds and other institutional investors 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.