Stephens Reiterates Buy Rating on Domo, Inc.
Stephens maintains its buy rating and $8 price target for Domo, Inc, a 247.83% upside from the current price.
Key Points
- On June 16, 2026, Stephens reiterated its buy rating on Domo, Inc. (DOMO) with a price target of $8.
- Stephens's $8 price target implies 247.83% upside from Domo, Inc.'s ($DOMO) current $2.30 share price.
- Domo, Inc. shares traded at $3.26, with a market cap of $92.6 million and a forward P/E of 18.98.
- Analysts have mixed views, with TD Cowen downgrading to hold and Cantor Fitzgerald maintaining a buy rating.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 16, 2026, Stephens reiterated its buy rating on Domo, Inc. (NASDAQ: DOMO), maintaining a price target of $8. This comes as the company's shares traded at $3.26.
Domo, Inc. Stock Down 40.4%
Shares of NASDAQ:DOMO traded at $3.26. Domo, Inc. has a market cap of approximately $92.6 million and a forward P/E ratio of 18.98. The stock has a 52-week low of $1.98 and a high of $18.49, with a 50-day moving average of $3.51 and a 200-day moving average of $8.01. The company shows some financial strain with a current ratio of 0.566 and a quick ratio of 0.473.
$DOMO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
Domo, Inc. reported revenue of $318.9 million with a modest growth rate of 1.1%. However, the company is not yet profitable, with a net margin of -18.61%. The next earnings announcement is expected on August 26, 2026.
Analysts Set New Price Targets
Several analysts provided their ratings on June 16, 2026. TD Cowen downgraded the stock to a hold with a $3.25 target. DA Davidson maintained a hold rating with a target of $3.5. Cantor Fitzgerald kept its buy rating with a $5 target. Meanwhile, Citizens maintained a sell rating with a target of $2.25. Overall, the consensus remains a buy with an average target price of $6 based on six analyst opinions.
About Domo, Inc.
Domo, Inc. is a technology company based in American Fork, Utah, specializing in cloud-based AI and data products. It connects executives and frontline employees with real-time data and insights to enhance business impact. The company serves various industries, including financial services, healthcare, and technology. Domo, Inc. was founded in 2010 and is led by CEO Joshua G. James.
Bottom Line
Stephens' reiteration of its buy rating for Domo, Inc. reflects confidence in the company's potential despite current financial challenges. Investors will be watching closely as the next earnings report approaches. It's important to remember that analyst ratings and price targets can change, and they are just one factor to consider in investment decisions.
Get Domo, Inc. alerts
New 13F filings, insider trades, and analyst moves on $DOMO, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.