Domo (NASDAQ:DOMO) Stock Rating Upgraded by DA Davidson

DA Davidson upgraded shares of Domo (NASDAQ:DOMO) to a hold rating in a report issued on Monday morning,Zacks.com reports. DA Davidson also issued estimates for Domo’s Q1 2026 earnings at ($0.54) EPS and FY2026 earnings at ($1.67) EPS.

Other research analysts have also recently issued reports about the company. TD Cowen lifted their price target on Domo from $9.00 to $10.00 and gave the company a “hold” rating in a report on Friday, November 29th. Lake Street Capital lowered their target price on Domo from $9.50 to $8.50 and set a “hold” rating for the company in a report on Friday, March 7th. Cowen restated a “hold” rating on shares of Domo in a research note on Friday, March 7th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $11.00 target price on shares of Domo in a research note on Friday, March 7th. Finally, JMP Securities restated a “market outperform” rating and set a $16.00 price objective on shares of Domo in a research report on Friday, December 6th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $10.08.

Domo Stock Up 6.5 %

Shares of DOMO stock opened at $8.57 on Monday. Domo has a 12 month low of $6.11 and a 12 month high of $10.15. The stock has a 50 day moving average of $7.86 and a 200-day moving average of $7.87. The firm has a market cap of $335.16 million, a PE ratio of -3.91 and a beta of 2.56.

Domo (NASDAQ:DOMO) last issued its earnings results on Thursday, March 6th. The company reported ($0.44) EPS for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.26). The company had revenue of $78.77 million during the quarter, compared to analyst estimates of $77.95 million. As a group, equities analysts predict that Domo will post -2.1 EPS for the current fiscal year.

Institutional Trading of Domo

Institutional investors and hedge funds have recently modified their holdings of the business. Pilgrim Partners Asia Pte Ltd acquired a new position in Domo during the 4th quarter worth approximately $47,000. R Squared Ltd acquired a new position in shares of Domo during the fourth quarter valued at about $56,000. Riggs Capital Management LLC bought a new stake in Domo during the 4th quarter valued at $85,000. XTX Topco Ltd purchased a new stake in shares of Domo in the third quarter worth approximately $97,000. Finally, Quest Partners LLC lifted its position in shares of Domo by 291.9% during the third quarter. Quest Partners LLC now owns 13,700 shares of the company’s stock valued at $103,000 after purchasing an additional 10,204 shares in the last quarter. 76.64% of the stock is currently owned by institutional investors.

About Domo

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.