On July 18, 2025, Domo (DOMO, Financial) received a significant boost in investor confidence as Stephens & Co. initiated coverage on the stock. Brett Huff, an analyst from Stephens & Co., has assigned an "Overweight" rating to Domo, highlighting the potential for positive performance relative to other stocks in the market.
The research note from Stephens & Co. comes with a price target announcement for Domo (DOMO, Financial), setting it at $19.00 USD. This target reflects the analyst's expectations for the company's stock price over a certain period, although no previous price target was disclosed for comparison.
Domo (DOMO, Financial), listed on the NASDAQ exchange, will likely see increased interest following this new coverage and optimistic outlook. Investors pay close attention to such analyst ratings and price targets, which can influence trading decisions and stock performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Domo Inc (DOMO, Financial) is $13.60 with a high estimate of $20.00 and a low estimate of $9.00. The average target implies an downside of 5.29% from the current price of $14.36. More detailed estimate data can be found on the Domo Inc (DOMO) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Domo Inc's (DOMO, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Domo Inc (DOMO, Financial) in one year is $8.89, suggesting a downside of 38.09% from the current price of $14.36. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Domo Inc (DOMO) Summary page.
