DA Davidson Forecasts Domo’s Q1 Earnings (NASDAQ:DOMO)

Domo, Inc. (NASDAQ:DOMO) – Stock analysts at DA Davidson issued their Q1 2026 earnings per share estimates for shares of Domo in a note issued to investors on Monday, March 10th. DA Davidson analyst A. Platt expects that the company will post earnings per share of ($0.54) for the quarter. DA Davidson currently 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 ($1.67) EPS.

Domo (NASDAQ:DOMO) last announced its quarterly earnings data 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 company had revenue of $78.77 million during the quarter, compared to the consensus estimate of $77.95 million.

DOMO has been the subject of several other research reports. TD Cowen boosted their price objective on Domo from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Friday, November 29th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $11.00 price objective on shares of Domo in a research report on Friday, March 7th. JMP Securities reiterated a “market outperform” rating and issued a $16.00 price objective on shares of Domo in a research report on Friday, December 6th. Cowen reiterated a “hold” rating on shares of Domo in a research report on Friday, March 7th. Finally, Lake Street Capital lowered their price objective on Domo from $9.50 to $8.50 and set a “hold” rating for the company in a research report on Friday, March 7th. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $10.08.

Domo Trading Up 6.5 %

Shares of NASDAQ DOMO opened at $8.57 on Wednesday. Domo has a 1-year low of $6.11 and a 1-year high of $10.15. The stock’s 50-day moving average is $7.86 and its 200 day moving average is $7.87. The stock has a market cap of $335.16 million, a price-to-earnings ratio of -3.91 and a beta of 2.56.

Hedge Funds Weigh In On Domo

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Mackenzie Financial Corp raised its holdings in shares of Domo by 127.0% during the fourth quarter. Mackenzie Financial Corp now owns 76,117 shares of the company’s stock valued at $539,000 after acquiring an additional 42,581 shares in the last quarter. Connective Capital Management LLC bought a new position in shares of Domo during the fourth quarter valued at approximately $315,000. Squarepoint Ops LLC bought a new position in shares of Domo during the fourth quarter valued at approximately $127,000. RPD Fund Management LLC bought a new position in shares of Domo during the fourth quarter valued at approximately $15,449,000. Finally, Occudo Quantitative Strategies LP raised its holdings in shares of Domo by 74.9% during the fourth quarter. Occudo Quantitative Strategies LP now owns 47,508 shares of the company’s stock valued at $336,000 after acquiring an additional 20,339 shares in the last quarter. Institutional investors own 76.64% of the company’s stock.

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.