Q3 Earnings Estimate for Domo Issued By DA Davidson

Key Points

• DA Davidson has projected Domo's Q3 2026 earnings per share (EPS) to be ($0.41), with a Hold rating and a price target of <$15.00
• Several analysts have upgraded Domo's rating recently, with TD Cowen moving it from Hold to Buy and setting a new price target of $21.00
• Domo's stock currently has a consensus rating of Moderate Buy from analysts, with an average target price of $17.00

Domo, Inc. (NASDAQ:DOMO - Free Report) - Investment analysts at DA Davidson issued their Q3 2026 earnings estimates for shares of Domo in a research report issued to clients and investors on Thursday, August 28th. DA Davidson analyst L. Schreiner expects that the company will post earnings of ($0.41) per share for the quarter. DA Davidson currently has a "Hold" rating and a $15.00 target price on the stock. The consensus estimate for Domo's current full-year earnings is ($2.10) per share. DA Davidson also issued estimates for Domo's FY2026 earnings at ($1.59) EPS and FY2027 earnings at ($1.47) EPS.

Other equities research analysts also recently issued reports about the stock. Lake Street Capital set a $16.00 price target on shares of Domo and gave the company a "hold" rating in a research note 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 stock from $13.00 to $21.00 in a research note on Tuesday, August 26th. Cowen raised shares of Domo from a "hold" rating to a "buy" rating in a research note on Tuesday, August 26th. JMP Securities upped their target price on shares of Domo from $16.00 to $20.00 and gave the stock a "market outperform" rating in a research note on Wednesday, June 25th. Finally, Cantor Fitzgerald upped their target price on shares of Domo from $17.00 to $20.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $17.00.

Domo Stock Performance

Shares of Domo stock traded down $0.04 on Monday, reaching $14.62. The company had a trading volume of 559,823 shares, compared to its average volume of 799,543. The firm's 50 day moving average price is $15.03 and its two-hundred day moving average price is $11.34. The firm has a market cap of $588.31 million, a PE ratio of -7.54 and a beta of 1.80. Domo has a 52-week low of $6.01 and a 52-week high of $17.88.

Domo (NASDAQ:DOMO - Get Free Report) last released its quarterly earnings results 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 company had revenue of $79.72 million during the quarter, compared to analysts' expectations of $78.07 million. Domo's revenue was up 1.7% on a year-over-year basis. During the same period last year, the firm posted ($0.07) earnings per share. Domo has set its FY 2026 guidance at -0.190--0.110 EPS. Q3 2026 guidance at -0.070--0.030 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nisa Investment Advisors LLC grew its holdings in Domo by 53.7% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,838 shares of the company's stock worth $26,000 after acquiring an additional 642 shares in the last quarter. Headlands Technologies LLC acquired a new position in Domo during the 2nd quarter worth approximately $42,000. FNY Investment Advisers LLC acquired a new position in Domo during the 2nd quarter worth approximately $49,000. AlphaQuest LLC grew its holdings in Domo by 707.3% during the 2nd quarter. AlphaQuest LLC now owns 6,604 shares of the company's stock worth $92,000 after acquiring an additional 5,786 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new position in Domo during the 2nd quarter worth approximately $122,000. Institutional investors and hedge funds own 76.64% of the company's stock.

Insider Buying and Selling

In other news, CEO Joshua G. James purchased 13,025 shares of the stock in a transaction on Friday, June 20th. The stock was bought at an average price of $12.74 per share, for a total transaction of $165,938.50. Following the acquisition, the chief executive officer directly owned 1,079,972 shares of the company's stock, valued at approximately $13,758,843.28. The trade was a 1.22% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 15.24% of the stock is owned by company insiders.

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.