DA Davidson Lowers Domo (NASDAQ:DOMO) Price Target to $6.00

Domo (NASDAQ:DOMO) had its price objective decreased by DA Davidson from $10.00 to $6.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. DA Davidson’s target price would suggest a potential upside of 29.59% from the company’s previous close.

A number of other research firms also recently issued reports on DOMO. Lake Street Capital decreased their price target on shares of Domo from $16.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, December 5th. Citigroup cut Domo from an “outperform” rating to an “underperform” rating in a research report on Friday, February 13th. Cantor Fitzgerald reduced their target price on Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a report on Wednesday. TD Cowen decreased their target price on Domo from $16.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Domo in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $8.64.

Domo Stock Down 6.8%

NASDAQ:DOMO opened at $4.63 on Wednesday. The firm’s fifty day simple moving average is $5.45 and its 200 day simple moving average is $10.33. The stock has a market cap of $193.53 million, a P/E ratio of -3.19 and a beta of 1.70. Domo has a twelve month low of $3.45 and a twelve month high of $18.49.

Domo (NASDAQ:DOMO) last issued its quarterly earnings data on Tuesday, March 10th. The company reported ($0.19) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.16). The business had revenue of $79.63 million for the quarter, compared to analyst estimates of $78.65 million. Domo’s revenue for the quarter was up 1% compared to the same quarter last year. On average, analysts expect that Domo will post -2.1 EPS for the current fiscal year.

Hedge Funds Weigh In On Domo

A number of institutional investors and hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue purchased a new position in shares of Domo during the third quarter valued at approximately $25,000. Global Wealth Strategies & Associates bought a new stake in shares of Domo in the 4th quarter worth approximately $28,000. Headlands Technologies LLC purchased a new stake in shares of Domo in the 2nd quarter worth approximately $42,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Domo in the 3rd quarter worth approximately $70,000. Finally, Andina Capital Management LLC bought a new position in Domo during the 4th quarter valued at approximately $84,000. Institutional investors own 76.64% of the company’s stock.

Domo News Summary

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.