Brokerages Set Domo, Inc. (NASDAQ:DOMO) PT at $15.43

Shares of Domo, Inc. (NASDAQ:DOMO) have received an average rating of “Moderate Buy” from the ten brokerages that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $15.4286.

A number of research analysts have issued reports on DOMO shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $22.00 target price on shares of Domo in a research report on Wednesday, December 24th. Wall Street Zen downgraded shares of Domo from a “buy” rating to a “hold” rating in a research note on Sunday, December 21st. TD Cowen decreased their price target on shares of Domo from $21.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, December 5th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Domo in a research report on Wednesday, October 8th. Finally, JMP Securities restated a “market outperform” rating and issued a $20.00 target price on shares of Domo in a research report on Wednesday, September 10th.

Institutional Investors Weigh In On Domo

Several hedge funds have recently modified their holdings of DOMO. Nisa Investment Advisors LLC increased its holdings in Domo by 53.7% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,838 shares of the company’s stock worth $26,000 after purchasing an additional 642 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of Domo by 3.7% during the second quarter. Franklin Resources Inc. now owns 23,759 shares of the company’s stock valued at $332,000 after purchasing an additional 854 shares in the last quarter. State of Alaska Department of Revenue bought a new stake in shares of Domo during the third quarter worth about $25,000. MetLife Investment Management LLC grew its holdings in shares of Domo by 9.5% during the first quarter. MetLife Investment Management LLC now owns 19,446 shares of the company’s stock worth $151,000 after purchasing an additional 1,681 shares during the last quarter. Finally, Brevan Howard Capital Management LP increased its stake in shares of Domo by 3.9% in the third quarter. Brevan Howard Capital Management LP now owns 50,740 shares of the company’s stock valued at $804,000 after buying an additional 1,924 shares during the period. Institutional investors and hedge funds own 76.64% of the company’s stock.

Domo Price Performance

Shares of DOMO opened at $8.30 on Friday. The firm has a 50 day simple moving average of $10.82 and a two-hundred day simple moving average of $13.49. Domo has a one year low of $6.01 and a one year high of $18.49. The company has a market cap of $346.94 million, a P/E ratio of -4.85 and a beta of 1.64.

Domo (NASDAQ:DOMO) last issued its earnings results on Thursday, December 4th. The company reported $0.01 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.06. The business had revenue of $79.40 million during the quarter, compared to analyst estimates of $79.03 million. The firm’s revenue 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, analysts expect that Domo will post -2.1 earnings per share for the current fiscal year.

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.