Domo (NASDAQ:DOMO) Given Sell (D-) Rating at Weiss Ratings

Key Points

• Domo's stock has been given a "sell (D-)" rating by Weiss Ratings, indicating negative sentiment towards the company's performance.
• The company's latest earnings report showed a profit of $0.02 EPS, surpassing analysts' expectations and representing a slight revenue increase compared to the previous year.
• A variety of analysts have mixed ratings on Domo's stock, with one "Strong Buy," five "Buy," three "Hold," and one "Sell," leading to a consensus rating of "Moderate Buy".

Domo (NASDAQ:DOMO - Get Free Report)'s stock had its "sell (d-)" rating reissued by Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities research analysts have also issued reports on the stock. Stephens assumed coverage on shares of Domo in a report on Friday, July 18th. They issued an "overweight" rating and a $19.00 price objective for the company. Citigroup reaffirmed an "outperform" rating on shares of Domo in a research report on Wednesday, June 25th. Cantor Fitzgerald upped their target price on shares of Domo from $17.00 to $20.00 and gave the company an "overweight" rating in a research report on Thursday, August 28th. TD Cowen raised shares of Domo from a "hold" rating to a "buy" rating and upped their target price for the company from $13.00 to $21.00 in a research report on Tuesday, August 26th. Finally, Cowen raised shares of Domo from a "hold" rating to a "buy" rating in a research report on Tuesday, August 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Domo has a consensus rating of "Moderate Buy" and a consensus target price of $17.00.

Domo Price Performance

Shares of DOMO traded down $0.21 during mid-day trading on Wednesday, reaching $14.74. The stock had a trading volume of 606,360 shares, compared to its average volume of 772,799. Domo has a 52-week low of $6.01 and a 52-week high of $18.49. The business's fifty day moving average is $15.60 and its 200 day moving average is $12.64. The firm has a market cap of $607.73 million, a price-to-earnings ratio of -7.60 and a beta of 1.82.

Domo (NASDAQ:DOMO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The company reported $0.02 earnings per share (EPS) 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 analysts' expectations of $78.07 million. During the same period in the prior year, the company posted ($0.07) EPS. The company's revenue for the quarter 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. As a group, sell-side analysts anticipate that Domo will post -2.1 EPS for the current fiscal year.

Insider Activity

In other news, Director Daniel David Daniel III sold 273,900 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $15.26, for a total transaction of $4,179,714.00. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 15.24% of the company's stock.

Institutional Trading of Domo

A number of large investors have recently made changes to their positions in the company. Stark Wealth Management LLC purchased a new stake in shares of Domo during the second quarter worth approximately $157,000. Cim Investment Management Inc. increased its stake in shares of 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 during the period. State of Wyoming purchased a new stake in shares of Domo during the second quarter worth approximately $474,000. Headlands Technologies LLC purchased a new stake in shares of Domo during the second quarter worth approximately $42,000. Finally, Engineers Gate Manager LP increased its stake in shares of 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 during the period. 76.64% of the stock is currently owned by hedge funds and other institutional investors.

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.

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