Domo, Inc. (NASDAQ:DOMO) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Domo, Inc. (NASDAQ:DOMO) have received a consensus recommendation of “Moderate Buy” from the ten brokerages that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $15.1429.

A number of research firms have commented on DOMO. Cowen reissued a “buy” rating on shares of Domo in a report on Tuesday, December 2nd. TD Cowen dropped their price objective on Domo from $21.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday. JMP Securities reissued a “market outperform” rating and issued a $20.00 target price on shares of Domo in a research report on Wednesday, September 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Domo in a research note on Wednesday, October 8th. Finally, DA Davidson set a $10.00 price target on shares of Domo in a report on Friday.

Insider Transactions at Domo

In related news, Director Daniel David Daniel III sold 273,900 shares of Domo stock in a transaction on Monday, October 6th. The stock was sold at an average price of $15.26, for a total value of $4,179,714.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 15.24% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Rockwood Wealth Management LLC increased its position in shares of Domo by 122.6% during the 2nd quarter. Rockwood Wealth Management LLC now owns 46,719 shares of the company’s stock valued at $653,000 after purchasing an additional 25,735 shares during the last quarter. Rhumbline Advisers grew its position 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. AIGH Capital Management LLC increased its holdings in Domo by 78.5% during the second quarter. AIGH Capital Management LLC now owns 1,341,518 shares of the company’s stock valued at $18,741,000 after buying an additional 589,935 shares during the last quarter. XTX Topco Ltd increased its holdings in Domo by 363.1% during the second quarter. XTX Topco Ltd now owns 101,604 shares of the company’s stock valued at $1,419,000 after buying an additional 79,663 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in Domo by 22.5% in the first quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock worth $1,340,000 after acquiring an additional 31,740 shares during the period. 76.64% of the stock is owned by hedge funds and other institutional investors.

Domo Price Performance

DOMO opened at $8.84 on Monday. The firm has a market cap of $364.47 million, a PE ratio of -5.17 and a beta of 1.76. The stock has a 50-day moving average price of $12.93 and a 200-day moving average price of $14.09. Domo has a 1 year low of $6.01 and a 1 year high of $18.49.

Domo (NASDAQ:DOMO) last posted its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates 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 company’s revenue for the quarter was down .5% compared to the same quarter last year. 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, sell-side analysts anticipate that Domo will post -2.1 EPS for the current year.

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.