Brokerages Set Domo, Inc. (NASDAQ:DOMO) Price Target at $12.07

Domo, Inc. (NASDAQ:DOMO) has received a consensus recommendation of “Hold” from the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating, three have given a hold rating, two have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have covered the stock in the last year is $12.0714.

Several analysts recently issued reports on the stock. DA Davidson set a $10.00 price target on shares of Domo in a report on Friday, December 5th. Weiss Ratings reissued a “sell (d-)” rating on shares of Domo in a research report on Wednesday, January 21st. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $22.00 price target on shares of Domo in a research report on Wednesday, December 24th. Citigroup lowered Domo from an “outperform” rating to an “underperform” rating in a report on Friday, February 13th. Finally, Lake Street Capital dropped their price target on Domo from $16.00 to $13.00 and set a “hold” rating on the stock in a research report on Friday, December 5th.

Hedge Funds Weigh In On Domo

A number of institutional investors and hedge funds have recently bought and sold shares of DOMO. AQR Capital Management LLC boosted its stake in Domo by 17.5% during the 1st quarter. AQR Capital Management LLC now owns 40,231 shares of the company’s stock valued at $312,000 after purchasing an additional 5,985 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in Domo during the first quarter worth about $237,000. Goldman Sachs Group Inc. raised its position in Domo by 22.5% in the first quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock worth $1,340,000 after acquiring an additional 31,740 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Domo in the 2nd quarter worth approximately $49,000. Finally, AlphaQuest LLC lifted its stake in Domo by 707.3% during the second quarter. AlphaQuest LLC now owns 6,604 shares of the company’s stock valued at $92,000 after purchasing an additional 5,786 shares during the last quarter. Institutional investors own 76.64% of the company’s stock.

Domo Stock Down 3.3%

Shares of DOMO stock opened at $3.70 on Friday. Domo has a fifty-two week low of $3.45 and a fifty-two week high of $18.49. The firm’s 50 day moving average price is $6.44 and its two-hundred day moving average price is $11.06. The stock has a market cap of $154.45 million, a price-to-earnings ratio of -2.16 and a beta of 1.64.

Domo (NASDAQ:DOMO) last released its quarterly earnings data on Thursday, December 4th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate 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. Domo’s quarterly revenue was down .5% compared to the same quarter last year. 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 analysts forecast that Domo will post -2.1 EPS 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.