Domo, Inc. (NASDAQ:DOMO) Given Average Recommendation of “Hold” by Brokerages

Shares of Domo, Inc. (NASDAQ:DOMO) have been assigned an average rating of “Hold” from the nine ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, three have issued a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $12.0714.

Several research firms recently issued reports on DOMO. Cantor Fitzgerald reiterated an “overweight” rating and issued a $22.00 price objective on shares of Domo in a report on Wednesday, December 24th. TD Cowen lowered their price target on Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday. Citigroup cut Domo from an “outperform” rating to an “underperform” rating in a research report on Friday, February 13th. Citizens Jmp reissued an “underperform” rating and issued a $3.50 price objective on shares of Domo in a research note on Friday, February 13th. Finally, DA Davidson set a $10.00 target price on shares of Domo in a research note on Friday, December 5th.

Institutional Trading of Domo

Large investors have recently bought and sold shares of the business. RPD Fund Management LLC raised its holdings in Domo by 11,294.3% in the 4th quarter. RPD Fund Management LLC now owns 3,623,400 shares of the company’s stock valued at $30,545,000 after acquiring an additional 3,591,600 shares during the last quarter. Capital Research Global Investors lifted its position in Domo by 8.2% during the fourth quarter. Capital Research Global Investors now owns 2,975,558 shares of the company’s stock worth $25,084,000 after buying an additional 225,558 shares in the last quarter. Portolan Capital Management LLC lifted its position in Domo by 142.3% during the third quarter. Portolan Capital Management LLC now owns 2,684,753 shares of the company’s stock worth $42,526,000 after buying an additional 1,576,884 shares in the last quarter. AIGH Capital Management LLC boosted its stake in Domo by 37.0% during the fourth quarter. AIGH Capital Management LLC now owns 1,837,762 shares of the company’s stock worth $15,492,000 after buying an additional 496,244 shares during the last quarter. Finally, State Street Corp grew its holdings in Domo by 33.9% in the 4th quarter. State Street Corp now owns 1,285,753 shares of the company’s stock valued at $10,839,000 after buying an additional 325,239 shares in the last quarter. Hedge funds and other institutional investors own 76.64% of the company’s stock.

Domo Stock Performance

NASDAQ:DOMO opened at $3.90 on Friday. The company has a fifty day moving average of $6.74 and a two-hundred day moving average of $11.36. The stock has a market capitalization of $163.02 million, a PE ratio of -2.28 and a beta of 1.64. Domo has a fifty-two week low of $3.63 and a fifty-two week high of $18.49.

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