Domo (NASDAQ:DOMO) Issues Quarterly Earnings Results, Meets Expectations

Domo (NASDAQ:DOMO) issued its quarterly earnings results on Monday. The company reported ($0.02) EPS for the quarter, hitting the consensus estimate of ($0.02), FiscalAI reports. The company had revenue of $79.40 million during the quarter, compared to analysts’ expectations of $79.64 million. During the same period in the previous year, the firm posted ($0.69) EPS.

Here are the key takeaways from Domo’s conference call:

• Domo said its board has завершено a review of strategic alternatives and is in advanced negotiations for a potential transaction, with a final announcement expected in the near term.
• Management emphasized growing demand for its data-plus-AI platform, saying customers are moving beyond AI pilots and using Domo to operationalize AI with governed data, apps, and agents.
• The company highlighted several production deployments of AI applications across media, logistics, healthcare, real estate, and other industries, often built quickly by its forward-deployed engineering team.
• Q1 retention trends improved, with gross retention at 86.7% and net retention at 95.5%, both up year over year, helped by consumption pricing, multi-year contracts, and the forward-deployed model.
• Revenue was $79.4 million, with subscription revenue down 2% year over year and billings down to $60.4 million, while management also disclosed a debt covenant miss that led to a forbearance agreement with its lender.

Domo Stock Performance

NASDAQ:DOMO opened at $3.26 on Tuesday. Domo has a one year low of $2.39 and a one year high of $18.49. The stock has a market cap of $147.19 million, a PE ratio of -2.25 and a beta of 1.78. The stock has a 50 day moving average price of $3.51 and a 200 day moving average price of $5.32.

Domo News Roundup

Here are the key news stories impacting Domo this week:

• Negative Sentiment: Domo warned investors that there is substantial doubt about its ability to continue as a going concern, a major red flag that can weigh heavily on the stock. Domo Issues Going Concern Warning, Says Deal Could be Announced Soon
• Negative Sentiment: The company also missed revenue expectations for the quarter, with sales of $79.4 million coming in slightly below estimates, reinforcing worries about demand and execution. Domo (NASDAQ:DOMO) misses Q1 CY2026 revenue estimates, stock drops 10.5%
• Negative Sentiment: One analyst commentary argued that fading demand may limit the chances that a deal or strategic review will fully rescue the company’s equity value. Domo: With Demand Fading Sharply, Don’t Count On A Deal To Save This Company

Insiders Place Their Bets

In other Domo news, insider Rpd Fund Management Llc sold 1,100,900 shares of the company’s stock in a transaction on Monday, April 13th. The stock was sold at an average price of $2.56, for a total value of $2,818,304.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 1,350,626 shares of company stock worth $3,785,484 over the last quarter. Insiders own 13.25% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of Domo in the second quarter valued at about $42,000. Kemnay Advisory Services Inc. purchased a new position in Domo during the fourth quarter worth about $88,000. Oxford Asset Management LLP acquired a new position in Domo in the 4th quarter valued at about $88,000. Public Employees Retirement System of Ohio acquired a new position in Domo in the 4th quarter valued at about $92,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Domo in the 2nd quarter valued at approximately $122,000. Institutional investors and hedge funds own 76.64% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Weiss Ratings upgraded shares of Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 28th. Cantor Fitzgerald decreased their price target on shares of Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th. DA Davidson lowered their price objective on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. TD Cowen lowered Domo from a “buy” rating to a “hold” rating in a research note on Tuesday. Finally, Lake Street Capital reduced their target price on Domo from $13.00 to $7.00 and set a “hold” rating for the company in a report on Wednesday, March 11th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $6.42.

Domo Company Profile

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.