TD Cowen Reaffirms Their Hold Rating on Domo (DOMO)
In a report released yesterday, Derrick Wood from TD Cowen maintained a Hold rating on Domo (DOMO – Research Report), with a price target of $13.00.
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Wood covers the Technology sector, focusing on stocks such as Domo, Oracle, and ServiceNow. According to TipRanks, Wood has an average return of 15.0% and a 62.40% success rate on recommended stocks.
In addition to TD Cowen, Domo also received a Hold from D.A. Davidson's Alex Platt in a report issued on May 22. However, on May 28, Cantor Fitzgerald reiterated a Buy rating on Domo (NASDAQ: DOMO).
Based on Domo's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $78.77 million and a GAAP net loss of $17.68 million. In comparison, last year the company earned a revenue of $80.18 million and had a GAAP net loss of $18.69 million
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DOMO in relation to earlier this year. Most recently, in March 2025, David R Jolley, a Director at DOMO sold 25,000.00 shares for a total of $207,750.00.
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