Cantor Fitzgerald Has Lowered Expectations for Domo (NASDAQ:DOMO) Stock Price

Domo (NASDAQ:DOMO) had its price objective dropped by analysts at Cantor Fitzgerald from $8.00 to $5.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Cantor Fitzgerald’s price target points to a potential upside of 53.37% from the stock’s previous close.

A number of other equities research analysts also recently commented on the company. Lake Street Capital decreased their target price on Domo from $13.00 to $7.00 and set a “hold” rating on the stock in a research report on Wednesday, March 11th. Stephens decreased their target price on Domo from $18.00 to $8.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. TD Cowen downgraded Domo from a “buy” rating to a “hold” rating and set a $3.25 target price on the stock. in a research report on Tuesday. Wall Street Zen downgraded Domo from a “buy” rating to a “hold” rating in a research report on Sunday, March 29th. Finally, Weiss Ratings upgraded Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Domo has a consensus rating of “Reduce” and a consensus price target of $5.25.

Domo Stock Up 7.9%

Shares of Domo stock opened at $3.26 on Tuesday. The stock’s 50-day simple moving average is $3.51 and its 200-day simple moving average is $5.32. Domo has a 52 week low of $2.39 and a 52 week high of $18.49. The company has a market capitalization of $147.19 million, a price-to-earnings ratio of -2.25 and a beta of 1.78.

Domo (NASDAQ:DOMO) last announced its quarterly earnings data on Monday, June 15th. The company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). The business had revenue of $79.40 million during the quarter, compared to analysts’ expectations of $79.64 million. During the same quarter in the previous year, the firm earned ($0.69) earnings per share. On average, equities analysts expect that Domo will post -1.43 earnings per share for the current year.

Insider Transactions at Domo

In other Domo news, insider Rpd Fund Management Llc sold 39,034 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $4.46, for a total transaction of $174,091.64. Following the sale, the insider directly owned 4,187,809 shares in the company, valued at $18,677,628.14. This represents a 0.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Insiders sold 1,350,626 shares of company stock worth $3,785,484 in the last quarter. Corporate insiders own 13.25% of the company’s stock.

Institutional Investors Weigh In On Domo

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DOMO. Global Wealth Strategies & Associates purchased a new stake in Domo during the fourth quarter valued at approximately $28,000. Headlands Technologies LLC purchased a new stake in Domo during the second quarter valued at approximately $42,000. Rangeley Capital LLC purchased a new stake in Domo during the first quarter valued at approximately $80,000. Andina Capital Management LLC purchased a new stake in Domo during the fourth quarter valued at approximately $84,000. Finally, Oxford Asset Management LLP purchased a new stake in Domo during the fourth quarter valued at approximately $88,000. 76.64% of the stock is currently owned by hedge funds and other institutional investors.

Key Domo News

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

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.