Domo (NASDAQ:DOMO) Updates FY 2026 Earnings Guidance

Domo (NASDAQ:DOMO) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.190–0.110 for the period, compared to the consensus earnings per share estimate of -0.203. The company issued revenue guidance of $316.0 million-$320.0 million, compared to the consensus revenue estimate of $316.4 million. Domo also updated its Q3 2026 guidance to -0.070–0.030 EPS.

Domo Price Performance

Shares of NASDAQ:DOMO opened at $17.57 on Thursday. Domo has a 1 year low of $6.01 and a 1 year high of $17.88. The company has a market cap of $707.02 million, a PE ratio of -9.30 and a beta of 1.87. The stock’s 50-day moving average is $14.80 and its 200 day moving average is $11.06.

Domo (NASDAQ:DOMO) last posted its earnings results on Wednesday, August 27th. The company reported $0.02 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.07. The firm had revenue of $79.72 million for the quarter, compared to analysts’ expectations of $78.07 million. During the same quarter last year, the company posted ($0.07) EPS. The firm’s revenue was up 1.7% on a year-over-year basis. Domo has set its FY 2026 guidance at -0.190–0.110 EPS. Q3 2026 guidance at -0.070–0.030 EPS. Analysts expect that Domo will post -2.1 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. TD Cowen raised Domo from a “hold” rating to a “buy” rating and upped their price objective for the company from $13.00 to $21.00 in a research report on Tuesday. Lake Street Capital reaffirmed a “hold” rating and issued a $9.00 price objective (up from $8.50) on shares of Domo in a research report on Thursday, May 22nd. Citigroup reaffirmed an “outperform” rating on shares of Domo in a research report on Wednesday, June 25th. Cowen raised Domo from a “hold” rating to a “buy” rating in a research report on Tuesday. Finally, DA Davidson upped their price objective on Domo from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Thursday, May 22nd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $15.14.

Insider Buying and Selling

In related news, CEO Joshua G. James bought 13,025 shares of the firm’s stock in a transaction that occurred on Friday, June 20th. The shares were bought at an average cost of $12.74 per share, with a total value of $165,938.50. Following the acquisition, the chief executive officer owned 1,079,972 shares in the company, valued at $13,758,843.28. This trade represents a 1.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 15.24% of the company’s stock.

Hedge Funds Weigh In On Domo

Institutional investors have recently bought and sold shares of the stock. Headlands Technologies LLC bought a new position in Domo in the 2nd quarter worth $42,000. Raymond James Financial Inc. bought a new stake in Domo during the second quarter valued at about $122,000. Creative Planning raised its holdings in Domo by 23.2% during the second quarter. Creative Planning now owns 15,362 shares of the company’s stock valued at $215,000 after acquiring an additional 2,889 shares during the period. Occudo Quantitative Strategies LP bought a new stake in Domo during the second quarter valued at about $327,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Domo during the first quarter valued at about $237,000. 76.64% of the stock is 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.