TD Cowen Downgrades DOMO, Sets New Price Target
TD Cowen has downgraded DOMO to a 'hold' rating with a $3.25 price target, a 0.31% downside from the current price.
Key Points
- TD Cowen downgraded DOMO to 'hold' with a $3.25 price target on June 16, 2026.
- TD Cowen's $3.25 price target implies 0.31% downside from Domo, Inc.'s ($DOMO) current $3.26 share price.
- DOMO shares are trading around $3.26 with institutional activity adjusting positions.
- RPD Fund Management and others adjusted their DOMO holdings amid new analyst ratings.
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.
TD Cowen has downgraded its rating on DOMO to 'hold' and set a new price target of $3.25, as reported on June 16, 2026. The move comes as DOMO's shares trade near $3.26.
Other Institutional Activity in DOMO
RPD Fund Management LLC increased its holdings by 990,326 shares, reaching a total of 4,613,726 shares valued at about $14.1 million. BlackRock, Inc. also grew its stake by 338,558 shares, ending with 3,512,062 shares worth approximately $10.7 million. Vanguard Portfolio Management LLC initiated a position with 3,222,739 shares valued at roughly $9.9 million. Meanwhile, Veradace Capital Management LLC added 420,601 shares, bringing its total to 1,979,666 shares valued at $6.1 million. Goldman Sachs Group Inc significantly increased its position by 887,770 shares, now holding 1,572,135 shares valued at $4.8 million.
Domo, Inc. Stock Down 15.5%
DOMO shares are currently trading near $3.26. The stock has seen various institutional adjustments, reflecting ongoing analysis and valuation changes.
$DOMO price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Insider Buying and Selling at Domo, Inc.
RPD Fund Management LLC has been active in selling DOMO shares. On June 1, 2026, they sold 39,034 shares at an average price of $4.46. Earlier sales included 38,583 shares at $4.12 on May 29, and 23,869 shares at $3.84 on May 28. Additional transactions occurred on May 27 and May 26, with shares sold at $3.71 and $3.68, respectively.
Analysts Set New Price Targets
On June 16, 2026, TD Cowen downgraded DOMO to a 'hold' rating with a $3.25 price target. DA Davidson maintained its 'hold' rating with a $3.50 target. Stephens & Co. reiterated a 'buy' rating with an $8.00 target, while Cantor Fitzgerald also maintained a 'buy' with a $5.00 target. Citizens maintained a 'sell' rating with a $2.25 target.
Bottom Line
TD Cowen's downgrade of DOMO highlights the shifting analyst perspectives on the stock. Institutional investors have been adjusting their positions, indicating varied sentiment in the market. The stock's performance and analyst ratings will be closely watched by investors seeking to understand DOMO's future trajectory.
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.