Citizens Reiterates Sell Rating on Domo, Inc. (DOMO)

Citizens maintains a sell rating for Domo, Inc. with a $2.25 price target.

Key Points

  • Citizens reiterated its sell rating on Domo, Inc. with a price target of $2.25 on June 16, 2026.
  • Domo shares traded at $3.26 with a market cap of $92.6 million and a forward P/E of 18.98.
  • Other analysts have mixed views, with TD Cowen downgrading to hold and Stephens & Co. reiterating a buy.

On June 16, 2026, Citizens reiterated its sell rating on Domo, Inc. (NASDAQ:DOMO), setting a price target of $2.25. This comes as the stock trades at $3.26.

Other Institutional Activity in Domo, Inc.

RPD Fund Management LLC increased its holdings by 990,326 shares, resulting in a total of 4,613,726 shares valued at approximately $14.1 million. BlackRock, Inc. also added 338,558 shares, bringing its total to 3,512,062 shares worth about $10.7 million. Meanwhile, Goldman Sachs Group Inc. boosted its position significantly by 887,770 shares, ending with 1,572,135 shares valued at around $4.8 million.

Domo, Inc. Stock Snapshot

Shares of Domo, Inc. traded near $3.26. The company has a market cap of $92.6 million and a forward P/E ratio of 18.98. Domo's beta is 1.77, and the stock has seen a 52-week low of $1.98 and a high of $18.49. The 50-day moving average is $3.51, while the 200-day moving average is $8.01.

Recent Earnings

Domo reported revenue of $318.9 million, with a revenue growth of 1.1%. The company's net margin stands at -18.61%, and its EPS is -$1.33. Looking ahead, Domo is expected to announce its next earnings on August 26, 2026.

Insider Buying and Selling at Domo, Inc.

RPD Fund Management LLC has been actively selling shares of Domo, with multiple transactions in late May and early June 2026. The sales included 39,034 shares at $4.46 on June 1 and 38,583 shares at $4.12 on May 29.

Analysts Set New Price Targets

On June 16, 2026, TD Cowen downgraded Domo to a hold rating with a $3.25 target. DA Davidson maintained a hold rating with a $3.50 target, while Stephens & Co. reiterated a buy rating with an $8.00 target. The consensus among analysts is a buy recommendation, with a mean target price of $6.00 based on six opinions.

About Domo, Inc.

Domo, Inc. operates a cloud-based platform that provides AI and data solutions across various industries, including financial services, healthcare, and technology. Headquartered in American Fork, Utah, Domo connects executives and employees with real-time data insights to drive business outcomes. The company, led by CEO Joshua G. James, employs 876 people and partners with firms like Altis Consulting to deliver data-driven solutions.

Bottom Line

Citizens' reiteration of a sell rating on Domo, Inc. reflects ongoing challenges in the company's valuation. Investors keep a close eye on such ratings and targets for insights into market sentiment. It's important to remember that these analyst ratings are based on past performance and current market conditions.

See Also

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