Cantor Fitzgerald Comments on Domo FY2026 Earnings

Domo, Inc. (NASDAQ:DOMO - Free Report) - Stock analysts at Cantor Fitzgerald issued their FY2026 EPS estimates for Domo in a research note issued on Monday, June 9th. Cantor Fitzgerald analyst Y. Lee forecasts that the company will earn ($1.78) per share for the year. Cantor Fitzgerald has a "Overweight" rating and a $12.00 price objective on the stock. The consensus estimate for Domo's current full-year earnings is ($2.10) per share.

Other analysts have also issued reports about the stock. Lake Street Capital restated a "hold" rating and set a $9.00 target price (up from $8.50) on shares of Domo in a research note on Thursday, May 22nd. Morgan Stanley cut their target price on shares of Domo from $9.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. JMP Securities restated a "market outperform" rating and set a $16.00 target price on shares of Domo in a research note on Thursday, May 22nd. Cowen restated a "hold" rating on shares of Domo in a research note on Thursday, May 22nd. Finally, DA Davidson upped their target price on shares of Domo from $8.00 to $9.00 and gave the stock a "neutral" rating in a research note on Thursday, May 22nd. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $10.67.

Domo Price Performance

Shares of DOMO stock traded down $0.65 during trading hours on Thursday, reaching $13.04. 562,516 shares of the stock were exchanged, compared to its average volume of 394,877. The business's fifty day moving average is $9.63 and its two-hundred day moving average is $8.52. Domo has a 12-month low of $6.01 and a 12-month high of $14.83. The firm has a market capitalization of $520.82 million, a P/E ratio of -5.95 and a beta of 1.84.

Domo (NASDAQ:DOMO - Get Free Report) last issued its quarterly earnings results on Wednesday, May 21st. The company reported ($0.09) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.19) by $0.10. The business had revenue of $80.11 million for the quarter, compared to analysts' expectations of $77.75 million. The firm's revenue for the quarter was up .0% on a year-over-year basis. During the same quarter last year, the company earned ($0.33) earnings per share.

Insider Activity at Domo

In other news, CEO Joshua G. James acquired 77,300 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was acquired at an average cost of $6.50 per share, with a total value of $502,450.00. Following the completion of the acquisition, the chief executive officer now owns 116,600 shares of the company's stock, valued at $757,900. The trade was a 196.69% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Daniel David Daniel III acquired 120,000 shares of the firm's stock in a transaction dated Friday, April 4th. The stock was purchased at an average cost of $6.44 per share, with a total value of $772,800.00. Following the completion of the acquisition, the director now directly owns 781,400 shares of the company's stock, valued at approximately $5,032,216. This trade represents a 18.14% increase in their position. The disclosure for this purchase can be found here. 15.24% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Domo

Several large investors have recently modified their holdings of DOMO. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Domo during the fourth quarter worth $47,000. Riggs Capital Management LLC acquired a new stake in shares of Domo during the fourth quarter worth $85,000. SG Americas Securities LLC lifted its holdings in shares of Domo by 19.1% during the fourth quarter. SG Americas Securities LLC now owns 13,987 shares of the company's stock worth $99,000 after purchasing an additional 2,247 shares during the period. Intech Investment Management LLC acquired a new stake in shares of Domo during the fourth quarter worth $103,000. Finally, Wells Fargo & Company MN lifted its holdings in shares of Domo by 29.2% during the fourth quarter. Wells Fargo & Company MN now owns 17,696 shares of the company's stock worth $125,000 after purchasing an additional 4,000 shares during the period. 76.64% of the stock is owned by institutional investors and hedge funds.

Domo Company Profile

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.