Domo (NASDAQ:DOMO) Issues Q4 Earnings Guidance

Domo (NASDAQ:DOMO) updated its fourth quarter earnings guidance on Thursday. 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.

Domo Trading Down 18.1 %

Shares of DOMO opened at $7.98 on Friday. The business’s fifty day moving average is $8.33 and its 200-day moving average is $7.74. Domo has a 52-week low of $6.11 and a 52-week high of $12.23.

Domo (NASDAQ:DOMO) last posted its earnings results on Thursday, December 5th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.15) by ($0.27). The firm had revenue of $79.68 million for the quarter, compared to analysts’ expectations of $77.56 million. Domo’s revenue was down .1% on a year-over-year basis. Research analysts forecast that Domo will post -2.31 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. DA Davidson increased their price target 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 increased their target price on Domo from $9.00 to $10.00 and gave the company a “hold” rating in a research report on Friday, November 29th. JMP Securities restated a “market outperform” rating and set a $16.00 price target on shares of Domo in a report on Friday. Finally, Lake Street Capital lifted their target price on shares of Domo from $8.00 to $9.50 and gave the stock a “hold” rating in a research report on Friday. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $10.10.

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.