Domo (NASDAQ:DOMO) Price Target Cut to $6.00 by Analysts at DA Davidson

Domo (NASDAQ:DOMO) had its price objective trimmed by DA Davidson from $10.00 to $6.00 in a research report released on Wednesday,Benzinga reports. The brokerage currently has a neutral rating on the stock.

A number of other research analysts also recently issued reports on the company. Lake Street Capital reduced their price objective on Domo from $16.00 to $13.00 and set a “hold” rating for the company in a research note on Friday, December 5th. Wall Street Zen lowered Domo from a “buy” rating to a “hold” rating in a report on Sunday, December 21st. Citigroup lowered shares of Domo from an “outperform” rating to an “underperform” rating in a research note on Friday, February 13th. TD Cowen decreased their price objective on Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Domo in a report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.64.

Domo Stock Up 13.5%

Domo stock opened at $4.97 on Wednesday. Domo has a 52 week low of $3.45 and a 52 week high of $18.49. The company’s 50 day moving average price is $5.53 and its two-hundred day moving average price is $10.37. The stock has a market cap of $207.75 million, a P/E ratio of -3.43 and a beta of 1.70.

Domo (NASDAQ:DOMO) last released its earnings results on Tuesday, March 10th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.16). The firm had revenue of $79.63 million during the quarter, compared to the consensus estimate of $78.65 million. Domo’s revenue for the quarter was up 1% compared to the same quarter last year. On average, equities analysts anticipate that Domo will post -2.1 EPS for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. AQR Capital Management LLC increased its holdings in shares of Domo by 17.5% in the first quarter. AQR Capital Management LLC now owns 40,231 shares of the company’s stock worth $312,000 after purchasing an additional 5,985 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Domo during the first quarter valued at $237,000. Goldman Sachs Group Inc. grew its position in Domo by 22.5% during the first quarter. Goldman Sachs Group Inc. now owns 172,680 shares of the company’s stock worth $1,340,000 after buying an additional 31,740 shares in the last quarter. Fox Run Management L.L.C. purchased a new position in Domo during the second quarter worth about $197,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Domo by 26.1% in the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 10,181 shares of the company’s stock worth $142,000 after acquiring an additional 2,109 shares during the last quarter. 76.64% of the stock is owned by institutional investors.

Key Domo News

Here are the key news stories impacting Domo this week:

• Positive Sentiment: Q4 results beat on adjusted metrics: Domo reported an adjusted EPS beat (non‑GAAP profit of $0.03 vs. a consensus loss) and revenue of ~$79.6M that topped estimates — a principal catalyst for the rally. Article Title
• Positive Sentiment: Forward demand indicators were strong: record quarterly billings of $111.2M (+8% YoY), Subscription RPO of $437.9M (+8% YoY) and ~88% gross retention — metrics that suggest durable, predictable future revenue. Press Release
• Positive Sentiment: AI strategy and consumption-based upsell appear to be working: management highlighted AI-driven product features and higher consumption cohorts showed net revenue retention above 100%, supporting an argument for sustained upside. Article Title
• Positive Sentiment: Board is exploring strategic alternatives, which could unlock value (M&A or other outcomes) and acts as an event-driven upside catalyst. Article Title
• Neutral Sentiment: GAAP vs. non‑GAAP divergence: the company still shows a GAAP loss while adjusted results beat — important to note for investors preferring one accounting view over the other. Article Title
• Neutral Sentiment: Some bullish commentary sees a microcap turnaround opportunity, but analysts remain measured and are taking a “wait‑and‑watch” stance despite the beat. Article Title
• Negative Sentiment: FY‑2027 revenue guidance is well below Street expectations (guidance ~ $317M vs. consensus ~$353M), which tempers near‑term upside and contributed to mixed analyst responses.
• Negative Sentiment: Analysts trimmed price targets: Lake Street cut its PT to $7 (hold) and DA Davidson to $6 (neutral); Cantor Fitzgerald cut its PT to $8 but remained overweight — these moves reduce near‑term analyst‑implied upside. Benzinga
• Negative Sentiment: Debt and competitive concerns remain flagged by some outlets/analysts, which could limit multiple expansion absent sustained top‑line acceleration. Article Title

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.