FY2026 EPS Estimates for Domo Raised by Cantor Fitzgerald

Key Points

• Cantor Fitzgerald has raised its earnings per share estimate for Domo for FY2026 from (1.78) to (1.62), maintaining an "Overweight" rating with a target price of $20.00.
• Domo reported $0.02 earnings per share for the last quarter, exceeding analysts' expectations and achieving a revenue of $79.72 million, up 1.7% compared to the previous year.
• Multiple analysts have upgraded Domo's rating recently, with a consensus rating of "Moderate Buy" and an average price target of $17.00.

Domo, Inc. (NASDAQ:DOMO - Free Report) - Cantor Fitzgerald boosted their FY2026 earnings per share estimates for shares of Domo in a report released on Thursday, August 28th. Cantor Fitzgerald analyst Y. Lee now anticipates that the company will earn ($1.62) per share for the year, up from their previous estimate of ($1.78). Cantor Fitzgerald currently has a "Overweight" rating and a $20.00 target price 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 quarterly earnings results on Wednesday, August 27th. The company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.07. The firm had revenue of $79.72 million during the quarter, compared to the consensus estimate of $78.07 million. During the same quarter last year, the firm posted ($0.07) earnings per share. Domo's revenue was up 1.7% compared to the same quarter last year. Domo has set its FY 2026 guidance at -0.190--0.110 EPS. Q3 2026 guidance at -0.070--0.030 EPS.

DOMO has been the topic of several other research reports. Stephens initiated coverage on Domo in a report on Friday, July 18th. They issued an "overweight" rating and a $19.00 price target on the stock. DA Davidson raised their price target on Domo from $9.00 to $15.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. JMP Securities raised their price target on Domo from $16.00 to $20.00 and gave the stock a "market outperform" rating in a report on Wednesday, June 25th. Citigroup reissued an "outperform" rating on shares of Domo in a report on Wednesday, June 25th. Finally, Cowen raised Domo from a "hold" rating to a "buy" rating in a report on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $17.00.

Domo Stock Performance

Shares of NASDAQ DOMO traded up $0.11 during trading on Monday, reaching $14.68. The stock had a trading volume of 250,048 shares, compared to its average volume of 550,205. Domo has a one year low of $6.01 and a one year high of $17.88. The stock has a market cap of $590.80 million, a PE ratio of -7.59 and a beta of 1.80. The firm's 50 day moving average price is $15.00 and its two-hundred day moving average price is $11.26.

Institutional Investors Weigh In On Domo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Stark Wealth Management LLC bought a new stake in Domo during the second quarter worth approximately $157,000. Cim Investment Management Inc. boosted its holdings in Domo by 100.7% during the second quarter. Cim Investment Management Inc. now owns 33,938 shares of the company's stock worth $474,000 after buying an additional 17,032 shares in the last quarter. State of Wyoming bought a new stake in Domo during the second quarter worth approximately $474,000. Headlands Technologies LLC bought a new stake in Domo during the second quarter worth approximately $42,000. Finally, Engineers Gate Manager LP boosted its holdings in Domo by 68.0% during the second quarter. Engineers Gate Manager LP now owns 110,341 shares of the company's stock worth $1,541,000 after buying an additional 44,652 shares in the last quarter. Institutional investors own 76.64% of the company's stock.

Insider Buying and Selling

In other news, CEO Joshua G. James bought 13,025 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were purchased at an average price of $12.74 per share, with a total value of $165,938.50. Following the completion of the acquisition, the chief executive officer directly owned 1,079,972 shares in the company, valued at approximately $13,758,843.28. This trade represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 15.24% of the stock is currently owned by 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.