Brokerages Set Domo, Inc. (NASDAQ:DOMO) Target Price at $17.00

Domo, Inc. (NASDAQ:DOMO) has been given a consensus rating of “Moderate Buy” by the nine ratings firms that are currently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $17.00.

A number of equities analysts have recently issued reports on DOMO shares. Citigroup restated an “outperform” rating on shares of Domo in a research note on Wednesday, June 25th. DA Davidson boosted their target price on shares of Domo from $9.00 to $15.00 and gave the company a “hold” rating in a research note on Thursday, August 28th. Lake Street Capital set a $16.00 price target on shares of Domo and gave the company a “hold” rating in a report on Thursday, August 28th. Wall Street Zen raised shares of Domo from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Finally, Stephens initiated coverage on shares of Domo in a report on Friday, July 18th. They set an “overweight” rating and a $19.00 price objective for the company.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Acadian Asset Management LLC lifted its stake 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 acquiring an additional 41,194 shares during the period. AIGH Capital Management LLC boosted its stake in Domo by 78.5% during the 2nd 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 last quarter. Geode Capital Management LLC grew its holdings in Domo by 2.3% during the second quarter. Geode Capital Management LLC now owns 822,020 shares of the company’s stock valued at $11,486,000 after purchasing an additional 18,348 shares during the period. Marshall Wace LLP lifted its holdings in Domo by 2,255.4% during the second quarter. Marshall Wace LLP now owns 771,737 shares of the company’s stock worth $10,781,000 after acquiring an additional 738,973 shares in the last quarter. Finally, Woodline Partners LP lifted its holdings 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 purchasing an additional 21,926 shares in the last quarter. Institutional investors own 76.64% of the company’s stock.

Domo Stock Down 3.1%

DOMO opened at $15.84 on Wednesday. Domo has a 12-month low of $6.01 and a 12-month high of $18.49. The firm has a market capitalization of $653.10 million, a P/E ratio of -8.16 and a beta of 1.80. The stock’s 50 day moving average price is $15.72 and its two-hundred day moving average price is $12.38.

Domo (NASDAQ:DOMO) last released its earnings results on Wednesday, August 27th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of ($0.05) by $0.07. The company had revenue of $79.72 million for the quarter, compared to analyst estimates of $78.07 million. During the same quarter in the previous year, the company earned ($0.07) earnings per share. Domo’s revenue for the quarter was up 1.7% compared to the same quarter last year. Domo has set its FY 2026 guidance at -0.190–0.110 EPS. Q3 2026 guidance at -0.070–0.030 EPS. As a group, analysts anticipate that Domo will post -2.1 earnings per share for the current year.

Domo Company Profile

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.