DA Davidson Issues Optimistic Forecast for Domo Earnings

Domo, Inc. (NASDAQ:DOMO) – Equities research analysts at DA Davidson raised their Q1 2026 earnings per share (EPS) estimates for shares of Domo in a note issued to investors on Tuesday, April 15th. DA Davidson analyst A. Platt now anticipates that the company will post earnings per share of ($0.55) for the quarter, up from their previous forecast of ($0.56). DA Davidson has a “Hold” rating 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 ($1.68) EPS and FY2027 earnings at ($1.54) EPS.

Several other brokerages have also recently weighed in on DOMO. Cowen restated a “hold” rating on shares of Domo in a research note on Friday, March 7th. Cantor Fitzgerald restated an “overweight” rating and set a $11.00 price target on shares of Domo in a report on Thursday, March 20th. Lake Street Capital decreased their price objective on shares of Domo from $9.50 to $8.50 and set a “hold” rating for the company in a research note on Friday, March 7th. Finally, Morgan Stanley dropped their target price on shares of Domo from $9.00 to $8.00 and set an “equal weight” rating on the stock in a research report on Wednesday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $10.25.

Domo Price Performance

NASDAQ:DOMO opened at $7.13 on Thursday. Domo has a one year low of $6.01 and a one year high of $10.15. The company has a market cap of $284.77 million, a PE ratio of -3.26 and a beta of 2.28. The firm has a 50-day moving average of $8.13 and a 200-day moving average of $8.01.

Domo (NASDAQ:DOMO) last issued its earnings results on Thursday, March 6th. The company reported ($0.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.26). The business had revenue of $78.77 million during the quarter, compared to analyst estimates of $77.95 million.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. RPD Fund Management LLC purchased a new stake in shares of Domo in the 4th quarter valued at $15,449,000. Ameriprise Financial Inc. boosted its position in Domo by 9.4% during the fourth quarter. Ameriprise Financial Inc. now owns 3,287,833 shares of the company’s stock valued at $23,278,000 after buying an additional 282,943 shares during the period. CenterBook Partners LP purchased a new stake in Domo during the fourth quarter valued at about $1,586,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Domo during the fourth quarter valued at about $980,000. Finally, JPMorgan Chase & Co. increased its holdings in shares of Domo by 22.7% in the fourth quarter. JPMorgan Chase & Co. now owns 643,062 shares of the company’s stock worth $4,553,000 after buying an additional 118,957 shares during the period. 76.64% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Domo news, Director David R. Jolley sold 25,000 shares of the business’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $8.31, for a total value of $207,750.00. Following the completion of the transaction, the director now owns 255,743 shares of the company’s stock, valued at $2,125,224.33. The trade was a 8.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel David Daniel III purchased 120,000 shares of the firm’s stock in a transaction dated Friday, April 4th. The stock was bought at an average cost of $6.44 per share, for a total transaction of $772,800.00. Following the acquisition, the director now directly owns 781,400 shares in the company, valued at approximately $5,032,216. The trade was a 18.14 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 14.04% 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.