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Domo Inc has a consensus price target of $16.5 based on the ratings of 7 analysts. The high is $35 issued by Cowen & Co. on August 26, 2022. The low is $7 issued by Morgan Stanley on May 24, 2024. The 3 most-recent analyst ratings were released by Lake Street, JMP Securities, and TD Cowen on December 6, 2024, December 6, 2024, and November 29, 2024, respectively. With an average price target of $11.83 between Lake Street, JMP Securities, and TD Cowen, there's an implied 58.84% upside for Domo Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Domo (NASDAQ:DOMO) was reported by Lake Street on December 6, 2024. The analyst firm set a price target for $9.50 expecting DOMO to rise to within 12 months (a possible 27.52% upside). 17 analyst firms have reported ratings in the last year.
The latest analyst rating for Domo (NASDAQ:DOMO) was provided by Lake Street, and Domo maintained their hold rating.
There is no last upgrade for Domo
The last downgrade for Domo Inc happened on May 24, 2024 when Lake Street changed their price target from $15 to $8 for Domo Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Domo, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Domo was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.
While ratings are subjective and will change, the latest Domo (DOMO) rating was a maintained with a price target of $8.00 to $9.50. The current price Domo (DOMO) is trading at is $7.45, which is out of the analyst’s predicted range.
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