Lake Street Capital Lowers Domo (NASDAQ:DOMO) Price Target to $7.00

Domo (NASDAQ:DOMO) had its price objective lowered by research analysts at Lake Street Capital from $13.00 to $7.00 in a report issued on Wednesday,Benzinga reports. The firm presently has a “hold” rating on the stock. Lake Street Capital’s target price points to a potential upside of 51.19% from the company’s current price.

DOMO has been the subject of a number of other reports. Wall Street Zen downgraded shares of Domo from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. Citigroup cut shares of Domo from an “outperform” rating to an “underperform” rating in a research report on Friday, February 13th. DA Davidson cut their target price on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday. TD Cowen reduced their target price on Domo from $16.00 to $9.00 and set a “buy” rating for the company in a report on Friday, February 20th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Domo in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.64.

Domo Price Performance

DOMO opened at $4.63 on Wednesday. The company has a market capitalization of $193.53 million, a price-to-earnings ratio of -3.19 and a beta of 1.70. The firm’s fifty day moving average price is $5.45 and its two-hundred day moving average price is $10.33. Domo has a 1 year low of $3.45 and a 1 year high of $18.49.

Domo (NASDAQ:DOMO) last announced its earnings results on Tuesday, March 10th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.16). The firm had revenue of $79.63 million for the quarter, compared to the consensus estimate of $78.65 million. Domo’s quarterly revenue was up 1% on a year-over-year basis. As a group, equities analysts anticipate that Domo will post -2.1 EPS for the current year.

Institutional Investors Weigh In On Domo

A number of institutional investors and hedge funds have recently modified their holdings of DOMO. Franklin Resources Inc. lifted its stake in Domo by 3.7% in the 2nd quarter. Franklin Resources Inc. now owns 23,759 shares of the company’s stock worth $332,000 after purchasing an additional 854 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in Domo during the third quarter worth about $25,000. Brevan Howard Capital Management LP lifted its position in Domo by 3.9% in the 3rd quarter. Brevan Howard Capital Management LP now owns 50,740 shares of the company’s stock worth $804,000 after buying an additional 1,924 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Domo by 26.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,181 shares of the company’s stock worth $142,000 after acquiring an additional 2,109 shares during the last quarter. Finally, Verition Fund Management LLC lifted its stake in Domo by 8.1% in the fourth quarter. Verition Fund Management LLC now owns 35,876 shares of the company’s stock worth $302,000 after purchasing an additional 2,679 shares during the last quarter. 76.64% of the stock is owned by hedge funds and other institutional investors.

Domo News Roundup

Here are the key news stories impacting Domo this week:

• Positive Sentiment: Q4 results beat consensus — Domo reported a small non‑GAAP profit, revenue slightly above estimates, record quarterly billings ($111.2M), +8% RPO and ~88% gross retention, signalling stronger forward demand and customer stickiness. Domo’s Breakout Quarter: Is the Software Selloff Over?
• Positive Sentiment: AI monetization appears to be driving upsell — management highlighted AI/consumption-based features (App Catalyst) and a 111% net revenue retention in consumption cohorts, suggesting meaningful monetization potential. Domo’s Breakout Quarter
• Positive Sentiment: New enterprise win — Nine Entertainment (Australia) selected Domo to unify data and AI analytics, showing commercial traction in large accounts and product relevance for media/operations use-cases. Nine Entertainment Selects Domo
• Neutral Sentiment: Strategic review and activist involvement create event-driven upside but also near-term uncertainty — a review of strategic alternatives and reports of activist interest increase the chance of a takeover or restructuring (possible premium), while keeping volatility elevated. Assessing Domo Valuation After Earnings
• Negative Sentiment: FY‑2027 revenue guidance is materially below Street expectations (management guided roughly $317M vs. consensus ~ $353M), which prompted seller re‑rate despite the quarter’s leading indicators. Q4 Earnings Call Highlights
• Negative Sentiment: Analysts cut targets and moved to cautious ratings after the quarter — several firms lowered price targets (Lake Street, DA Davidson, Cantor Fitzgerald adjustments cited), which magnified profit‑taking. Why the Street Is Slashing Targets
• Negative Sentiment: Debt and competitive pressures remain a concern — commentators note that leverage and a tough competitive landscape could limit upside until guidance trajectory and capitalization improve. Strong Q4 Results Can’t Shake Debt Worries

About Domo

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.