Domo (NASDAQ:DOMO) Price Target Lowered to $7.00 at Lake Street Capital

Domo (NASDAQ:DOMO) had its target price reduced by Lake Street Capital from $13.00 to $7.00 in a report released on Wednesday morning,Benzinga reports. Lake Street Capital currently has a hold rating on the stock.

Other research analysts have also issued reports about the stock. Citigroup lowered shares of Domo from an “outperform” rating to an “underperform” rating in a report on Friday, February 13th. TD Cowen cut their target price on shares of Domo from $16.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Wall Street Zen cut shares of Domo from a “buy” rating to a “hold” rating in a research report on Sunday, December 21st. Citizens Jmp reissued an “underperform” rating and issued a $3.50 price target on shares of Domo in a research note on Friday, February 13th. Finally, DA Davidson lowered their price objective on shares of Domo from $10.00 to $6.00 and set a “neutral” rating for the company in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $8.64.

Domo Stock Performance

DOMO opened at $4.97 on Wednesday. Domo has a 52-week low of $3.45 and a 52-week high of $18.49. The stock has a market capitalization of $207.75 million, a PE ratio of -3.43 and a beta of 1.70. The stock’s 50 day moving average price is $5.53 and its 200-day moving average price is $10.37.

Domo (NASDAQ:DOMO) last announced its quarterly earnings results on Tuesday, March 10th. The company reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.16). The company had revenue of $79.63 million during the quarter, compared to the consensus estimate of $78.65 million. The firm’s revenue for the quarter was up 1% on a year-over-year basis. Research analysts forecast that Domo will post -2.1 EPS for the current fiscal year.

Institutional Trading of Domo

A number of hedge funds and other institutional investors have recently modified their holdings of the business. RPD Fund Management LLC increased its stake in shares of Domo by 11,294.3% in the 4th quarter. RPD Fund Management LLC now owns 3,623,400 shares of the company’s stock worth $30,545,000 after acquiring an additional 3,591,600 shares in the last quarter. Capital Research Global Investors bought a new stake in Domo during the third quarter worth about $43,560,000. Portolan Capital Management LLC boosted its stake in Domo by 142.3% during the third quarter. Portolan Capital Management LLC now owns 2,684,753 shares of the company’s stock worth $42,526,000 after acquiring an additional 1,576,884 shares in the last quarter. Captrust Financial Advisors purchased a new stake in Domo in the fourth quarter worth about $8,108,000. Finally, Marshall Wace LLP grew its holdings in Domo by 2,255.4% in the second 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 period. 76.64% of the stock is owned by hedge funds and other institutional investors.

More Domo News

Here are the key news stories impacting Domo this week:

• Positive Sentiment: Q4 results beat on adjusted metrics: Domo reported an adjusted EPS beat (non‑GAAP profit of $0.03 vs. a consensus loss) and revenue of ~$79.6M that topped estimates — a principal catalyst for the rally. Article Title
• Positive Sentiment: Forward demand indicators were strong: record quarterly billings of $111.2M (+8% YoY), Subscription RPO of $437.9M (+8% YoY) and ~88% gross retention — metrics that suggest durable, predictable future revenue. Press Release
• Positive Sentiment: AI strategy and consumption-based upsell appear to be working: management highlighted AI-driven product features and higher consumption cohorts showed net revenue retention above 100%, supporting an argument for sustained upside. Article Title
• Positive Sentiment: Board is exploring strategic alternatives, which could unlock value (M&A or other outcomes) and acts as an event-driven upside catalyst. Article Title
• Neutral Sentiment: GAAP vs. non‑GAAP divergence: the company still shows a GAAP loss while adjusted results beat — important to note for investors preferring one accounting view over the other. Article Title
• Neutral Sentiment: Some bullish commentary sees a microcap turnaround opportunity, but analysts remain measured and are taking a “wait‑and‑watch” stance despite the beat. Article Title
• Negative Sentiment: FY‑2027 revenue guidance is well below Street expectations (guidance ~ $317M vs. consensus ~$353M), which tempers near‑term upside and contributed to mixed analyst responses.
• Negative Sentiment: Analysts trimmed price targets: Lake Street cut its PT to $7 (hold) and DA Davidson to $6 (neutral); Cantor Fitzgerald cut its PT to $8 but remained overweight — these moves reduce near‑term analyst‑implied upside. Benzinga
• Negative Sentiment: Debt and competitive concerns remain flagged by some outlets/analysts, which could limit multiple expansion absent sustained top‑line acceleration. Article Title

About Domo

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.