Equities Analysts Offer Predictions for Domo FY2026 Earnings

Domo, Inc. (NASDAQ:DOMO - Free Report) - Equities research analysts at Cantor Fitzgerald issued their FY2026 earnings per share (EPS) estimates for shares of Domo in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst Y. Lee expects 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.

Domo (NASDAQ:DOMO - Get Free Report) last issued its 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 company had revenue of $80.11 million during the quarter, compared to analyst estimates of $77.75 million. The company's quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.33) earnings per share.

Other analysts also recently issued research reports about the company. Lake Street Capital reaffirmed a "hold" rating and set a $9.00 price objective (up previously from $8.50) on shares of Domo in a research note on Thursday, May 22nd. JMP Securities reissued a "market outperform" rating and issued a $16.00 price target on shares of Domo in a research note on Thursday, May 22nd. Morgan Stanley dropped their price target on Domo from $9.00 to $8.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Cowen reissued a "hold" rating on shares of Domo in a research note on Thursday, May 22nd. Finally, DA Davidson raised their price objective on Domo from $8.00 to $9.00 and gave the company a "neutral" rating in a report 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 stock. According to data from MarketBeat, Domo has a consensus rating of "Hold" and an average target price of $10.67.

Domo Trading Up 0.9%

Shares of NASDAQ:DOMO traded up $0.12 during midday trading on Thursday, hitting $13.69. The company had a trading volume of 527,683 shares, compared to its average volume of 393,082. Domo has a 12 month low of $6.01 and a 12 month high of $14.83. The stock has a market cap of $546.78 million, a price-to-earnings ratio of -6.25 and a beta of 1.84. The firm has a fifty day simple moving average of $9.52 and a 200 day simple moving average of $8.51.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Domo by 0.7% during the fourth quarter. Vanguard Group Inc. now owns 5,107,851 shares of the company's stock valued at $36,164,000 after purchasing an additional 36,029 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Domo by 9.4% during the fourth quarter. Ameriprise Financial Inc. now owns 3,287,833 shares of the company's stock worth $23,278,000 after buying an additional 282,943 shares in the last quarter. RPD Fund Management LLC acquired a new position in shares of Domo during the fourth quarter worth $15,449,000. Acadian Asset Management LLC increased its holdings in shares of Domo by 3.0% during the first quarter. Acadian Asset Management LLC now owns 1,415,884 shares of the company's stock worth $10,987,000 after buying an additional 41,194 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Domo by 1.5% during the fourth quarter. Geode Capital Management LLC now owns 770,810 shares of the company's stock worth $5,458,000 after buying an additional 11,457 shares in the last quarter. 76.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

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

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.