Citizens Jmp Issues Pessimistic Forecast for Domo (NASDAQ:DOMO) Stock Price

Domo (NASDAQ:DOMO) had its price objective lowered by research analysts at Citizens Jmp from $3.50 to $2.25 in a report issued on Tuesday,Benzinga reports. The firm presently has a “market underperform” rating on the stock. Citizens Jmp’s price target would indicate a potential downside of 30.98% from the company’s previous close.

A number of other brokerages have also recently commented on DOMO. TD Cowen cut Domo from a “buy” rating to a “hold” rating in a report on Tuesday. DA Davidson lowered their target price on Domo from $10.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, March 11th. Stephens lowered their target price on Domo from $18.00 to $8.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. Weiss Ratings raised Domo from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, May 28th. Finally, Cantor Fitzgerald reduced their price target on Domo from $13.00 to $8.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 11th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus price target of $6.21.

Domo Stock Performance

Shares of NASDAQ:DOMO opened at $3.26 on Tuesday. The business’s fifty day moving average price is $3.51 and its two-hundred day moving average price is $5.32. The stock has a market cap of $147.19 million, a PE ratio of -2.25 and a beta of 1.78. Domo has a one year low of $2.39 and a one year high of $18.49.

Domo (NASDAQ:DOMO) last announced its earnings results on Monday, June 15th. The company reported ($0.02) EPS for the quarter, meeting analysts’ consensus estimates of ($0.02). The company had revenue of $79.40 million for the quarter, compared to analyst estimates of $79.64 million. During the same quarter last year, the company posted ($0.69) EPS. As a group, equities research analysts predict that Domo will post -1.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Domo

In other Domo news, insider Rpd Fund Management Llc sold 1,100,900 shares of the stock in a transaction on Monday, April 13th. The stock was sold at an average price of $2.56, for a total transaction of $2,818,304.00. The sale was disclosed in a document filed with the SEC, which is available at this link. Over the last 90 days, insiders sold 1,350,626 shares of company stock worth $3,785,484. Corporate insiders own 13.25% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Global Wealth Strategies & Associates purchased a new position in shares of Domo during the 4th quarter worth $28,000. Headlands Technologies LLC purchased a new position in shares of Domo in the 2nd quarter worth $42,000. Rangeley Capital LLC purchased a new position in shares of Domo in the 1st quarter worth $80,000. Andina Capital Management LLC purchased a new position in shares of Domo in the 4th quarter worth $84,000. Finally, Oxford Asset Management LLP purchased a new position in shares of Domo in the 4th quarter worth $88,000. Hedge funds and other institutional investors own 76.64% of the company’s stock.

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

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.