Domo (DOMO) News Today

Domo, Inc. (NASDAQ:DOMO) saw its shares rise today on the back of stronger-than-expected Q1 results, raised guidance and several bullish analyst moves.

• Domo reported a narrower-than-expected Q1 loss and raised its full-year guidance, prompting a sharp stock rally (MarketWatch).
• Cantor Fitzgerald increased its price target on DOMO from $11 to $12 and kept an “Overweight” rating.
• JMP Securities reaffirmed its “Market Outperform” rating and set a $16 price target, implying over 40% upside.
• SiliconANGLE noted that Domo smashed Wall Street’s Q1 revenue and profit targets, driving the stock higher.
• GuruFocus highlighted strong Q1 revenue growth and strategic advancements in the latest earnings call.
• TipRanks summarized key takeaways from a positive Q1 earnings call, underscoring operational momentum.
• DA Davidson issued a neutral rating on DOMO with a Q2 EPS estimate of ($0.40) and a $9 price target.
• Lake Street Capital reaffirmed its “Hold” rating and raised its target from $8.50 to $9.
• DA Davidson also raised its price target from $8 to $9 while maintaining a neutral stance.
• MarketBeat reported that analysts’ consensus on DOMO remains at “Hold” (5 holds, 2 buys).
• Zacks published a feature evaluating Domo as a potential momentum stock for investors.
• Transcripts and replay links for Domo’s Q1 earnings call were released, offering in-depth financial commentary.
• An unrelated item mentioned Canada’s talks on an “antimisiles Domo Dorado” system.