Domo (NASDAQ:DOMO) Updates FY 2026 Earnings Guidance
by Jessica Moore · The Cerbat GemDomo (NASDAQ:DOMO – Get Free Report) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided EPS guidance of -0.110–0.070 for the period, compared to the consensus EPS estimate of -0.730. The company issued revenue guidance of $317.5 million-$318.5 million, compared to the consensus revenue estimate of $318.1 million. Domo also updated its Q4 2026 guidance to -0.050–0.010 EPS.
Domo Price Performance
Shares of NASDAQ DOMO opened at $8.84 on Friday. Domo has a 1 year low of $6.01 and a 1 year high of $18.49. The firm has a market cap of $364.47 million, a PE ratio of -5.17 and a beta of 1.76. The company has a 50 day simple moving average of $12.93 and a 200 day simple moving average of $14.02.
Domo (NASDAQ:DOMO – Get Free Report) last released its quarterly earnings results on Thursday, December 4th. The company reported $0.01 EPS for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.06. The company had revenue of $79.40 million during the quarter, compared to the consensus estimate of $79.03 million. The company’s revenue was down .5% on a year-over-year basis. Domo has set its FY 2026 guidance at -0.110–0.070 EPS and its Q4 2026 guidance at -0.050–0.010 EPS. As a group, research analysts anticipate that Domo will post -2.1 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
DOMO has been the topic of several research analyst reports. Cantor Fitzgerald boosted their target price on shares of Domo from $17.00 to $20.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Lake Street Capital decreased their price target on shares of Domo from $16.00 to $13.00 and set a “hold” rating for the company in a research note on Friday. TD Cowen cut their price objective on shares of Domo from $21.00 to $16.00 and set a “buy” rating on the stock in a research report on Friday. JMP Securities reaffirmed a “market outperform” rating and issued a $20.00 target price on shares of Domo in a research report on Wednesday, September 10th. Finally, DA Davidson set a $10.00 price target on Domo in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $15.14.
Check Out Our Latest Research Report on DOMO
Insider Buying and Selling at Domo
In related news, Director Daniel David Daniel III sold 273,900 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $15.26, for a total value of $4,179,714.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 15.24% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Domo
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Verition Fund Management LLC raised its holdings in shares of Domo by 20.9% during the 3rd quarter. Verition Fund Management LLC now owns 33,197 shares of the company’s stock worth $526,000 after acquiring an additional 5,731 shares in the last quarter. Prelude Capital Management LLC bought a new position in Domo during the third quarter valued at $352,000. Brevan Howard Capital Management LP grew its stake in shares of Domo by 3.9% in the 3rd quarter. Brevan Howard Capital Management LP now owns 50,740 shares of the company’s stock worth $804,000 after buying an additional 1,924 shares in the last quarter. Creative Planning lifted its holdings in shares of Domo by 104.5% in the 3rd quarter. Creative Planning now owns 31,412 shares of the company’s stock valued at $498,000 after acquiring an additional 16,050 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Domo by 20.4% in the third quarter. Russell Investments Group Ltd. now owns 108,184 shares of the company’s stock worth $1,750,000 after acquiring an additional 18,338 shares in the last quarter. 76.64% of the stock is currently owned by 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.
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