DA Davidson Estimates Domo's Q1 Earnings (NASDAQ:DOMO)

Domo, Inc. (NASDAQ:DOMO - Free Report) - Equities researchers at DA Davidson upped their Q1 2026 earnings estimates for shares of Domo in a report issued 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 estimate 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.

Domo (NASDAQ:DOMO - Get Free Report) last released its quarterly earnings results on Thursday, March 6th. The company reported ($0.44) earnings per share (EPS) 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.

Several other equities analysts have also recently commented on the stock. Cantor Fitzgerald reissued an "overweight" rating and set a $11.00 target price on shares of Domo in a research report on Thursday, March 20th. Morgan Stanley reduced their price objective on Domo from $9.00 to $8.00 and set an "equal weight" rating for the company in a research note on Wednesday. Lake Street Capital lowered their target price on Domo from $9.50 to $8.50 and set a "hold" rating on the stock in a research note on Friday, March 7th. Finally, Cowen restated a "hold" rating on shares of Domo in a research report on Friday, March 7th. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Domo has an average rating of "Hold" and a consensus price target of $10.25.

Domo Price Performance

Shares of DOMO stock traded down $0.20 on Thursday, hitting $6.93. The stock had a trading volume of 466,205 shares, compared to its average volume of 365,295. The business has a 50 day moving average of $8.06 and a 200 day moving average of $8.01. Domo has a 12-month low of $6.01 and a 12-month high of $10.15. The stock has a market cap of $276.78 million, a price-to-earnings ratio of -3.16 and a beta of 2.28.

Insider Activity at Domo

In related news, CEO Joshua G. James bought 77,300 shares of the stock in a transaction that occurred on Friday, April 4th. The shares were acquired at an average cost of $6.50 per share, with a total value of $502,450.00. Following the completion of the purchase, the chief executive officer now directly owns 116,600 shares of the company's stock, valued at $757,900. This trade represents a 196.69 % increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Daniel David Daniel III acquired 120,000 shares of the company's stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of $6.44 per share, with a total value of $772,800.00. Following the completion of the acquisition, the director now directly owns 781,400 shares in the company, valued at $5,032,216. The trade was a 18.14 % increase in their position. The disclosure for this purchase can be found here. 14.04% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Domo

Hedge funds and other institutional investors have recently modified their holdings of the company. Rockwood Wealth Management LLC lifted its stake in Domo by 55.7% in the first quarter. Rockwood Wealth Management LLC now owns 20,984 shares of the company's stock worth $163,000 after purchasing an additional 7,508 shares during the last quarter. Rhumbline Advisers grew its holdings in shares of Domo by 5.0% during the 1st quarter. Rhumbline Advisers now owns 49,557 shares of the company's stock worth $385,000 after acquiring an additional 2,369 shares during the period. Mackenzie Financial Corp grew its stake in Domo by 127.0% in the fourth quarter. Mackenzie Financial Corp now owns 76,117 shares of the company's stock worth $539,000 after purchasing an additional 42,581 shares during the period. Connective Capital Management LLC purchased a new stake in shares of Domo in the 4th quarter worth about $315,000. Finally, Squarepoint Ops LLC purchased a new stake in Domo in the fourth quarter worth about $127,000. 76.64% of the stock is currently owned by hedge funds and other institutional investors.

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.