Domo (NASDAQ:DOMO) Issues FY 2025 Earnings Guidance

Domo (NASDAQ:DOMO) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share guidance of -0.770–0.690 for the period, compared to the consensus earnings per share estimate of -0.890. The company issued revenue guidance of $313.0 million-$315.0 million, compared to the consensus revenue estimate of $312.0 million. Domo also updated its FY25 guidance to $(0.77)-$(0.69) EPS.

Domo Price Performance

Shares of NASDAQ:DOMO traded up $0.04 during trading on Friday, reaching $7.76. 405,987 shares of the stock were exchanged, compared to its average volume of 391,939. Domo has a 1-year low of $6.11 and a 1-year high of $12.23. The stock has a fifty day moving average of $7.78 and a two-hundred day moving average of $8.27. The firm has a market cap of $296.24 million, a price-to-earnings ratio of -3.83 and a beta of 2.45.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on DOMO shares. Lake Street Capital lowered shares of Domo from a buy rating to a hold rating and dropped their price objective for the company from $15.00 to $8.00 in a research note on Friday, May 24th. Morgan Stanley cut their price target on Domo from $13.00 to $7.00 and set an equal weight rating for the company in a research note on Friday, May 24th. TD Cowen increased their price objective on Domo from $8.00 to $9.00 and gave the stock a hold rating in a research note on Friday. Finally, JMP Securities reaffirmed a market outperform rating and set a $16.00 target price on shares of Domo in a research report on Tuesday, August 20th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of Hold and an average price target of $10.00.

Insider Transactions at Domo

In related news, Director Daniel David Daniel III purchased 150,000 shares of the business’s stock in a transaction dated Thursday, June 20th. The stock was purchased at an average cost of $6.87 per share, with a total value of $1,030,500.00. Following the completion of the acquisition, the director now directly owns 561,400 shares of the company’s stock, valued at $3,856,818. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Domo news, EVP Daren Thayne sold 7,095 shares of the firm’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of $6.85, for a total value of $48,600.75. Following the sale, the executive vice president now owns 406,663 shares of the company’s stock, valued at approximately $2,785,641.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Daniel David Daniel III acquired 150,000 shares of the business’s stock in a transaction dated Thursday, June 20th. The shares were acquired at an average cost of $6.87 per share, with a total value of $1,030,500.00. Following the acquisition, the director now directly owns 561,400 shares of the company’s stock, valued at approximately $3,856,818. The disclosure for this purchase can be found here. Corporate insiders own 14.04% 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.