Cantor Fitzgerald Estimates Domo FY2025 Earnings

Domo, Inc. (NASDAQ:DOMO) – Equities researchers at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Domo in a research note issued to investors on Tuesday, February 11th. Cantor Fitzgerald analyst Y. Lee forecasts that the company will earn ($2.09) per share for the year. Cantor Fitzgerald currently has a “Overweight” rating and a $11.00 target price on the stock. The consensus estimate for Domo’s current full-year earnings is ($2.10) per share.

A number of other research analysts have also recently weighed in on DOMO. Lake Street Capital lifted their price objective on Domo from $8.00 to $9.50 and gave the company a “hold” rating in a research report on Friday, December 6th. JMP Securities reaffirmed a “market outperform” rating and set a $16.00 price target on shares of Domo in a report on Friday, December 6th. Finally, TD Cowen upped their price target on shares of Domo from $9.00 to $10.00 and gave the stock a “hold” rating in a research report on Friday, November 29th. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $10.25.

Domo Trading Up 1.9 %

NASDAQ DOMO opened at $8.97 on Thursday. The business’s fifty day moving average is $7.64 and its 200 day moving average is $7.84. Domo has a fifty-two week low of $6.11 and a fifty-two week high of $11.87.

Domo (NASDAQ:DOMO) last released its quarterly earnings results on Thursday, December 5th. The company reported ($0.42) earnings per share for the quarter, missing the consensus estimate of ($0.15) by ($0.27). The business had revenue of $79.68 million for the quarter, compared to analyst estimates of $77.56 million. The business’s quarterly revenue was down .1% compared to the same quarter last year.

Institutional Trading of Domo

Several institutional investors and hedge funds have recently added to or reduced their stakes in DOMO. SG Americas Securities LLC purchased a new stake in Domo during the 3rd quarter valued at approximately $88,000. Olympiad Research LP bought a new position in shares of Domo during the third quarter worth $161,000. Quest Partners LLC boosted its position in shares of Domo by 291.9% during the third quarter. Quest Partners LLC now owns 13,700 shares of the company’s stock worth $103,000 after acquiring an additional 10,204 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Domo by 7.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 267,553 shares of the company’s stock valued at $2,009,000 after acquiring an additional 18,069 shares in the last quarter. Finally, FMR LLC increased its holdings in Domo by 20.6% in the 3rd quarter. FMR LLC now owns 301,457 shares of the company’s stock valued at $2,264,000 after acquiring an additional 51,494 shares during the last quarter. Institutional investors own 76.64% of the company’s stock.

About Domo

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.