Domo (NASDAQ:DOMO) Releases Q4 Earnings Guidance

Domo (NASDAQ:DOMO) issued an update on its fourth quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $(0.17)-$(0.13) for the period, compared to the consensus estimate of ($0.17). The company issued revenue guidance of $77.5-78.5 million, compared to the consensus revenue estimate of $78.06 million. Domo also updated its FY 2025 guidance to -0.640–0.600 EPS.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DOMO. DA Davidson raised their price objective on Domo from $7.00 to $8.00 and gave the company a “neutral” rating in a research note on Friday, August 30th. TD Cowen upped their price objective 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. JMP Securities reiterated a “market outperform” rating and issued a $16.00 price objective on shares of Domo in a research note on Friday. Finally, Lake Street Capital boosted their target price on Domo from $8.00 to $9.50 and gave the stock a “hold” rating in a research note on Friday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, Domo has a consensus rating of “Hold” and an average target price of $10.10.

Domo Stock Performance

Shares of DOMO stock opened at $7.98 on Friday. The company has a 50 day moving average of $8.33 and a 200-day moving average of $7.74. Domo has a 12-month low of $6.11 and a 12-month high of $12.23.

Domo (NASDAQ:DOMO) last issued its earnings results on Thursday, December 5th. The company reported ($0.42) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.15) by ($0.27). The business had revenue of $79.68 million during the quarter, compared to analysts’ expectations of $77.56 million. The business’s revenue for the quarter was down .1% compared to the same quarter last year. On average, sell-side analysts forecast that Domo will post -2.31 EPS for the current year.

Domo Company Profile

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.