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

Domo, Inc. (NASDAQ:DOMO) has been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $15.4286.

A number of research firms have recently commented on DOMO. Lake Street Capital reduced their price target on shares of Domo from $16.00 to $13.00 and set a “hold” rating for the company in a research report on Friday, December 5th. TD Cowen reduced their target price on Domo from $21.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, December 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $22.00 price target on shares of Domo in a report on Wednesday, December 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Domo in a research report on Wednesday, October 8th. Finally, DA Davidson set a $10.00 price objective on Domo in a report on Friday, December 5th.

Domo Price Performance

DOMO opened at $8.43 on Friday. The company’s 50-day moving average is $10.93 and its 200 day moving average is $13.51. Domo has a fifty-two week low of $6.01 and a fifty-two week high of $18.49. The firm has a market capitalization of $352.37 million, a P/E ratio of -4.93 and a beta of 1.64.

Domo (NASDAQ:DOMO) last issued its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.06. The firm had revenue of $79.40 million during the quarter, compared to the consensus estimate of $79.03 million. The firm’s revenue for the quarter was down .5% on a year-over-year basis. Domo has set its FY 2026 guidance at -0.110–0.070 EPS and its Q4 2026 guidance at -0.050–0.010 EPS. On average, equities research analysts expect that Domo will post -2.1 earnings per share for the current year.

Insider Activity

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

Institutional Investors Weigh In On Domo

Institutional investors and hedge funds have recently bought and sold shares of the business. Capital Research Global Investors purchased a new position in shares of Domo during the third quarter valued at about $43,560,000. Portolan Capital Management LLC increased its position in shares of Domo by 142.3% during the third quarter. Portolan Capital Management LLC now owns 2,684,753 shares of the company’s stock valued at $42,526,000 after acquiring an additional 1,576,884 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in shares of Domo by 3.0% during the first quarter. Acadian Asset Management LLC now owns 1,415,884 shares of the company’s stock valued at $10,987,000 after purchasing an additional 41,194 shares in the last quarter. AIGH Capital Management LLC grew its stake in shares of Domo by 78.5% in the second quarter. AIGH Capital Management LLC now owns 1,341,518 shares of the company’s stock worth $18,741,000 after acquiring an additional 589,935 shares during the period. Finally, Geode Capital Management LLC raised its stake in Domo by 2.3% during the 2nd quarter. Geode Capital Management LLC now owns 822,020 shares of the company’s stock valued at $11,486,000 after buying an additional 18,348 shares during the last quarter. Hedge funds and other institutional investors own 76.64% of the company’s stock.

Domo Company Profile

Domo, Inc (NASDAQ: DOMO) is a cloud-based software company that specializes in business intelligence and data analytics. The company’s flagship product, the Domo Business Cloud, provides organizations with an end-to-end platform to integrate, visualize and analyze data from a wide array of sources. By unifying disparate data feeds into interactive dashboards and custom applications, Domo enables real-time insights that inform decision-making across all levels of an enterprise.

Founded in 2010 by Josh James, Domo is headquartered in American Fork, Utah, and operates offices across North America, Europe and Asia Pacific.