Capital Research Global Investors Buys New Stake in Domo, Inc. $DOMO

Key Points

• Capital Research Global Investors bought 2,750,000 shares of Domo (~$43.56 million) in Q3 and owned **6.67%** of the company at the end of the reporting period.
• Despite a Q4 beat and signs of AI‑driven upsell, management guided FY‑2027 revenue roughly **$317M vs. Street ~$353M**, triggering analyst target cuts, downgrades and near‑term share selling.
• Institutional ownership is high at **76.64%**, but the stock is trading down (opened $4.63, market cap ~$193.5M) and the consensus target sits at $8.64, reflecting mixed analyst sentiment and lingering debt/competitive concerns.

Capital Research Global Investors bought a new position in Domo, Inc. (NASDAQ:DOMO - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,750,000 shares of the company's stock, valued at approximately $43,560,000. Capital Research Global Investors owned 6.67% of Domo at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Domo by 2.3% in the second quarter. Geode Capital Management LLC now owns 822,020 shares of the company's stock valued at $11,486,000 after purchasing an additional 18,348 shares during the last quarter. Marshall Wace LLP lifted its position in shares of Domo by 2,255.4% during the 2nd quarter. Marshall Wace LLP now owns 771,737 shares of the company's stock worth $10,781,000 after purchasing an additional 738,973 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of Domo during the 3rd quarter worth about $9,744,000. Bank of America Corp DE boosted its stake in Domo by 129.8% during the 2nd quarter. Bank of America Corp DE now owns 536,972 shares of the company's stock valued at $7,501,000 after purchasing an additional 303,279 shares during the period. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Domo by 138.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 325,861 shares of the company's stock valued at $4,552,000 after purchasing an additional 189,359 shares during the period. 76.64% of the stock is currently owned by institutional investors.

More Domo News

Here are the key news stories impacting Domo this week:

• Positive Sentiment: Q4 results beat consensus — Domo reported a small non‑GAAP profit, revenue slightly above estimates, record quarterly billings ($111.2M), +8% RPO and ~88% gross retention, signalling stronger forward demand and customer stickiness. Domo’s Breakout Quarter: Is the Software Selloff Over?
• Positive Sentiment: AI monetization appears to be driving upsell — management highlighted AI/consumption-based features (App Catalyst) and a 111% net revenue retention in consumption cohorts, suggesting meaningful monetization potential. Domo’s Breakout Quarter
• Positive Sentiment: New enterprise win — Nine Entertainment (Australia) selected Domo to unify data and AI analytics, showing commercial traction in large accounts and product relevance for media/operations use-cases. Nine Entertainment Selects Domo
• Neutral Sentiment: Strategic review and activist involvement create event-driven upside but also near-term uncertainty — a review of strategic alternatives and reports of activist interest increase the chance of a takeover or restructuring (possible premium), while keeping volatility elevated. Assessing Domo Valuation After Earnings
• Negative Sentiment: FY‑2027 revenue guidance is materially below Street expectations (management guided roughly $317M vs. consensus ~ $353M), which prompted seller re‑rate despite the quarter’s leading indicators. Q4 Earnings Call Highlights
• Negative Sentiment: Analysts cut targets and moved to cautious ratings after the quarter — several firms lowered price targets (Lake Street, DA Davidson, Cantor Fitzgerald adjustments cited), which magnified profit‑taking. Why the Street Is Slashing Targets
• Negative Sentiment: Debt and competitive pressures remain a concern — commentators note that leverage and a tough competitive landscape could limit upside until guidance trajectory and capitalization improve. Strong Q4 Results Can’t Shake Debt Worries

Wall Street Analysts Forecast Growth

Several research analysts have commented on DOMO shares. Cantor Fitzgerald dropped their price target on Domo from $13.00 to $8.00 and set an "overweight" rating on the stock in a research report on Wednesday. Citigroup downgraded shares of Domo from an "outperform" rating to an "underperform" rating in a research note on Friday, February 13th. DA Davidson dropped their target price on shares of Domo from $10.00 to $6.00 and set a "neutral" rating on the stock in a research report on Wednesday. Lake Street Capital cut their target price on shares of Domo from $13.00 to $7.00 and set a "hold" rating for the company in a research note on Wednesday. Finally, Wall Street Zen downgraded shares of Domo from a "buy" rating to a "hold" rating in a report on Sunday, December 21st. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, Domo presently has an average rating of "Hold" and a consensus target price of $8.64.

Domo Trading Down 6.8%

Shares of DOMO stock opened at $4.63 on Friday. Domo, Inc. has a 12 month low of $3.45 and a 12 month high of $18.49. The company has a market capitalization of $193.53 million, a P/E ratio of -3.19 and a beta of 1.70. The stock has a 50 day moving average of $5.45 and a two-hundred day moving average of $10.33.

Domo (NASDAQ:DOMO - Get Free Report) last released its quarterly earnings data on Tuesday, March 10th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.03) by ($0.16). The firm had revenue of $79.63 million during the quarter, compared to analyst estimates of $78.65 million. The company's revenue was up 1% compared to the same quarter last year. Sell-side analysts predict that Domo, Inc. will post -2.1 earnings per share for the current fiscal year.

Domo Company Profile

Domo, Inc NASDAQ: DOMO is a cloud-based software company that specializes in business intelligence and data analytics. The company's flagship product, the Domo Business Cloud, provides organizations with an end-to-end platform to integrate, visualize and analyze data from a wide array of sources. By unifying disparate data feeds into interactive dashboards and custom applications, Domo enables real-time insights that inform decision-making across all levels of an enterprise.

Founded in 2010 by Josh James, Domo is headquartered in American Fork, Utah, and operates offices across North America, Europe and Asia Pacific.

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