Domo (NASDAQ:DOMO) Issues FY 2025 Earnings Guidance

Domo (NASDAQ:DOMO) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of -0.640–0.600 for the period, compared to the consensus EPS estimate of -0.710. The company issued revenue guidance of $315.5 million-$316.5 million, compared to the consensus revenue estimate of $313.9 million. Domo also updated its Q4 guidance to $(0.17)-$(0.13) EPS.

Analyst Ratings Changes

DOMO has been the subject of a number of recent analyst reports. TD Cowen raised their target price on Domo from $9.00 to $10.00 and gave the company a “hold” rating in a report on Friday, November 29th. JMP Securities restated a “market outperform” rating and issued a $16.00 price target on shares of Domo in a research report on Friday, August 30th. Finally, DA Davidson raised their price target on Domo from $7.00 to $8.00 and gave the company a “neutral” rating in a research report on Friday, August 30th. Four investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.80.

Domo Stock Performance

Domo stock traded down $0.24 during midday trading on Thursday, hitting $9.74. 469,291 shares of the company were exchanged, compared to its average volume of 370,511. The company’s fifty day moving average price is $8.26 and its 200-day moving average price is $7.72. Domo has a fifty-two week low of $6.11 and a fifty-two week high of $12.23.

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

Insiders Place Their Bets

In other Domo news, CFO David R. Jolley purchased 10,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were purchased at an average cost of $6.99 per share, with a total value of $69,900.00. Following the completion of the transaction, the chief financial officer now owns 291,465 shares of the company’s stock, valued at approximately $2,037,340.35. This represents a 3.55 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 14.04% of the stock is currently owned by insiders.

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.