Stephens Rates DOMO buy, $8 Price Target
Stephens analyst Brett Huff has maintained a buy rating on Domo, Inc., standing out against a broader backdrop of cautious views from other research firms, a 247.83% upside from the current price.
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Stephens rated Domo, Inc. ($DOMO) "buy" with a $8 price target on June 16, 2026.
DOMO
Domo, Inc.
Key Points
- Stephens reiterated its buy rating on Domo, Inc. DOMO on June 16, 2026, setting an 8.00 price target.
- Stephens's $8 price target implies 247.83% upside from Domo, Inc.'s ($DOMO) current $2.30 share price.
- Domo shares recently traded at $2.30, sitting well below their 50-day moving average of $3.74 and near a 52-week low of $1.84.
- Wall Street maintains a consensus hold recommendation on the cloud-based platform, with price targets averaging $3.93 across six analyst opinions.
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Stephens Maintains Bullish Stance on Domo, Inc.
Stephens analyst Brett Huff reiterated a buy rating on Domo, Inc. (NasdaqGM: DOMO) on June 16, 2026, keeping an 8.00 price target on the cloud software developer. The call stands out against more conservative views from other firms covering the technology provider, offering a notably higher target than the current consensus.
Where Domo Stock Trades Right Now
Domo shares recently traded at $2.30, moving in a tight band near the lower end of their 52-week range of $1.84 to $18.35. The stock trades well below both its 50-day moving average of $3.74 and its 200-day moving average of $4.55. The company carries a forward P/E of 34.44 based on projected earnings, though it reported a negative net margin of 13.4% and an EPS of -$0.96 over the trailing period.
$DOMO price target
Domo, Inc. daily closes and this analyst's $8 target. Not advice.
Recent Analyst Updates and Wall Street Consensus
Wall Street firms have adjusted their expectations for Domo following recent operational reports. On August 17, 2026, Citizens reiterated its market underperform rating and a $2.25 price target. Earlier, on July 23, 2026, Lake Street upgraded the stock to a buy while lowering its target from $7.00 to $5.00, and Stephens & Co. downgraded its view to equal-weight with a $4.00 target. Across the broader analyst community, the stock holds a consensus recommendation key of hold with a mean price target of $3.93 drawn from six opinions.
Inside Recent Insider Transactions
Company insiders executed several transactions late in June 2026. On June 24, 2026, CTO and EVP of Product Daren Thayne disposed of 52,365 shares at an average price of $2.38 for a total value of $124,628.70. Chief Financial Officer Tod Crane sold 68,483 shares on the same day at $2.38 apiece, totaling $162,989.54, after having acquired 122,634 shares at no cost on June 19, 2026. Founder and CEO Joshua James also parted with 96,088 shares on June 24, 2026, at $2.38 per share for a total value of $228,689.44.
Inside the Software Platform
Domo, Inc. operates a cloud-based platform designed to connect business users with real-time data and analytics tools. Headquartered in American Fork, Utah, the company serves clients across financial services, healthcare, energy, and technology sectors. The firm employs 876 people and connects frontline workers directly with business systems to drive operational decisions.
What to Watch Next for Domo
Investors will look toward the company's next earnings report, scheduled for December 3, 2026, for updated metrics on revenue growth and profitability. The firm posted annual revenues of $315.2 million with a revenue contraction of 3.7% over the measured period.
Related Filing Alerts
Source: Stephens's rating change on $DOMO (Jun 16, 2026). Written by software, not financial advice. How we make alerts