Latest news with #Domo
Yahoo
3 days ago
- Business
- Yahoo
Why Domo Stock Rocked the Market in May
Investors liked what they saw of the company's opening quarter of fiscal 2026. Ditto for a clutch of analysts who raised their price targets on the specialty tech stock. 10 stocks we like better than Domo › Data analytics specialist Domo's (NASDAQ: DOMO) stock took off like a rocket in May, particularly after the company posted the results of its inaugural quarter of fiscal 2026 near the end of the month. Investors piled into the stock, with the bullish momentum getting a little extra fuel with a spate of analyst price target bumps. During the month, Domo's shares surged nearly 71% higher, according to data provided by S&P Global Market Intelligence. For its first three weeks, May was actually rather uneventful and unexciting for Domo. That changed on May 21, when the company posted those first-quarter results just after market close. Total was almost entirely unchanged from the same period one year ago, at a shade over $80 million, while in a more positive development non-GAAP (adjusted) net loss narrowed to $3.6 million ($0.09 per share) from the first quarter of fiscal 2025's $12.3 million deficit. Domo's fiscal first quarter ended on April 30. Another financial figure worth mentioning is the company's remaining performance obligations (RPOs) from its subscriptions -- the funds it is due from clients for the remaining part of their subscriptions. During the quarter, total RPOs climbed a robust 24% to $408 million. Both revenue and profitability beat the consensus analyst estimates, if not spectacularly. On average, those pundits were modeling slightly more than $78 million on the top line, and a deeper adjusted net loss of $0.11 per share. But as savvy investors are acutely aware, stocks usually trade on future potential, no matter how good or bad their trailing results. This was the difference maker and stock price booster for Domo, as the company's profitability guidance for both its current quarter and the full fiscal year looked good next to pundit projections. Management believes it will post revenue of $77.5 million to $78.5 million for the quarter; the consensus analyst estimate is slightly under the lower number in that range. The company is also forecasting an adjusted net loss of $0.03 to $0.07 per share, against the average prognosticator estimate of a $0.07 shortfall. As for the entirety of fiscal 2026, Domo should earn $312 million to $320 million on the top line, filtering down to an adjusted net loss (again) of $0.18 to $0.26 per share. The consensus analyst estimate falls within that spectrum at $313.1 million. However, the company's expected loss is well narrower than the pundit consensus of $0.33 per share. In the wake of that earnings report, several analysts reacted quickly in raising their price targets on Domo, or (in one case) reiterating a bullish take. One of the more assertive raisers was Cantor Fitzgerald's Yi Fu Lee, who added $5 to his existing level for a new one at $17 per share. He maintained his overweight (in other words, buy) recommendation on the stock. I like the fact that the RPO figure grew at a hearty double-digit rate for Domo in the quarter, but that's not enough for me to be drawn to the stock. The company's bottom line is still notably in the red and it counts on that situation continuing, and I'd prefer some hope for profitability before long. Before you buy stock in Domo, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Domo wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $668,538!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $869,841!* Now, it's worth noting Stock Advisor's total average return is 789% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Domo Stock Rocked the Market in May was originally published by The Motley Fool Sign in to access your portfolio
Business Wire
3 days ago
- Business
- Business Wire
Domo to Present at 2025 Data + AI Summit on Driving Real ROI with AI and Data Products
SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced it will showcase its AI and data products platform as an Icon Sponsor at the 2025 Databricks Data + AI Summit, taking place June 9-12 at the Moscone Center in San Francisco. Sol de Janeiro, the rapidly growing beauty brand acquired by L'Occitane in 2021, will present alongside Domo, sharing how their partnership has transformed key business insights and expanded data access throughout their organization. Summit attendees can also visit Domo at booth #F617 for on-demand demonstrations of how Domo's AI and Data Products platform empowers organizations of all sizes to transform raw information into actionable intelligence that drives measurable value. The platform, underpinned by a secure data foundation, connects with existing legacy and cloud systems, such as the Databricks Data Intelligence Platform, to help companies optimize critical business processes at scale. The Data + AI Summit is the world's largest event for the global data, analytics, and AI community, bringing together over 20,000 data engineers, data scientists, analysts, and leaders to explore the latest advancements in data and AI technologies. The summit features more than 700 sessions, hands-on training, and networking opportunities for professionals across the data ecosystem. For more details on Domo's presence and sessions at the Data + AI Summit, visit About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customers' preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo is a registered trademark of Domo, Inc.
Business Wire
4 days ago
- Business
- Business Wire
Domo Named a Leader in the 2025 Nucleus Research Analytics Technology Value Matrix
SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced it has been named a leader in Nucleus Research's 2025 Business Intelligence (BI) and Analytics Technology Value Matrix for the fifth consecutive year. Nucleus Research recognized Domo for its ability to combine advanced analytics, interactive dashboards, and near real-time visualizations that help to transform data into actionable insights. The firm also noted that Domo's over 1,000 pre-built connectors help to unify data from ERPs, CRMs, and cloud systems. The company's award-winning AI solution, Domo AI, is highlighted for delivering machine learning, natural language processing, predictive analytics, and generative AI capabilities in a unified service. "Our ranking illustrates Domo's ability to link analytics to actionable outcomes such as deciphering data trends, identifying growth opportunities, and optimizing operations.' - Ben Schein, SVP of Product at Domo Share According to Nucleus Research, organizations are navigating a pivotal transition in 2025, as traditional BI remains essential but is now complemented by a surging demand for AI-enabled analytics that automate data preparation, dashboard creation, and narrative generation. The technical barriers that once limited advanced analytics are rapidly dissolving, empowering a broader spectrum of users to become analysts and enabling data professionals to operate as data scientists. The Nucleus Technology Value Matrix is based on platform functionality and useability, the two characteristics that Nucleus has found to indicate a vendor's ability to deliver both initial return on investment (ROI) and maximum value over time. The functionality and usability scores are calculated based on interviews Nucleus analysts conducted with end users as part of their ongoing research and end-user TechAdvisor inquiries. Nucleus Research also touted Domo's consumption-based pricing model for maximizing value, encouraging cross-team collaboration and delivering measurable ROI. 'We're thrilled to be recognized by Nucleus Research as a 'Leader' in the Analytics Value Matrix for the fifth consecutive year. Our ranking illustrates Domo's ability to link analytics to actionable outcomes such as deciphering data trends, identifying growth opportunities, and optimizing operations,' said Ben Schein, SVP of Product at Domo. 'Domo customers recognize the potential of AI-powered analytics in driving operational efficiency, revenue expansion, and profitability, and we enable this by delivering relevant insights critical to adapting to dynamic market conditions and seizing competitive opportunities.' 'Nucleus has once again ranked Domo as a leader in the Analytics Value Matrix due to its ability to equip organizations with sophisticated end-to-end tools that help to create data products, with powerful AI capabilities that directly link analytics to core operations and profitability,' said Alexander Wurm, Principal Analyst at Nucleus Research, Inc. 'Advancements in AI-driven analytics, and integration with emerging data technologies ensure that Domo remains well positioned in a crowded analytics market.' For a complimentary copy of the 2025 Nucleus Research Value Matrix for Analytics Technology, visit here. About Nucleus Research Nucleus Research is the recognized global leader in investigative ROI technology research. Using a case-based approach, we provide research streams and advisory services that allow vendors and end users to quantify and maximize the return from their technology investments. We deliver the numbers that drive better business decisions. For more information, visit or follow our latest updates on LinkedIn. About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customers' preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo is a registered trademark of Domo, Inc.
Business Wire
5 days ago
- Business
- Business Wire
Domo to Participate in the D.A. Davidson Technology Summit
SILICON SLOPES, Utah--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced that management will present at the D.A. Davidson Technology Summit on Wednesday, June 11, 2025, at 11:20am CT. A live webcast of Domo's presentation will be available on the Domo Investor Relations website at About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo is a registered trademark of Domo, Inc. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, SEC filings, blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage.
Yahoo
5 days ago
- Business
- Yahoo
Domo to Participate in the D.A. Davidson Technology Summit
SILICON SLOPES, Utah, June 04, 2025--(BUSINESS WIRE)--Today Domo (Nasdaq: DOMO) announced that management will present at the D.A. Davidson Technology Summit on Wednesday, June 11, 2025, at 11:20am CT. A live webcast of Domo's presentation will be available on the Domo Investor Relations website at About Domo Domo is an AI and Data Products platform that helps companies of all sizes leverage data and AI to drive value in today's data-driven world. Built around our customer's preferred data foundation, powered by our award-winning solution, and enriched with our partner ecosystem, the Domo platform enables users to prepare, visualize, automate, distribute, and build end-to-end data products that provide solutions across the entire data journey. From hydrating your data foundation, to building fully embedded applications that can be shared with your employees and customers, to deploying AI models across a variety of providers, Domo gives users the ability to build data products that generate measurable value for the business. For more information, visit You can also follow Domo on LinkedIn, X, and Facebook. Domo is a registered trademark of Domo, Inc. Domo Disclosure Channels to Disseminate Information Domo investors and others should note that we announce material information to the public about our company, products and services, and other issues through a variety of means, including Domo's website, press releases, SEC filings, blogs and social media, in order to achieve broad, non-exclusionary distribution of information to the public. We intend to use the Domo Facebook page, the Domo LinkedIn page, the Domo blog, the @Domotalk X account and the @JoshJames X account as a means of disclosing information about the Company and its services and for complying with the disclosure obligations under Regulation FD. The information we post through these social media channels may be deemed material. Accordingly, we encourage investors and others to monitor these social media channels in addition to following our press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described here may be updated from time to time as listed on our investor relations webpage. View source version on Contacts Media – Cynthia Cowen PR@ Investors – Peter Lowry IR@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
