Cantor Fitzgerald Rates DOMO buy, $5 Price Target

Cantor Fitzgerald reaffirms its positive stance on Domo with a $5 price target as Wall Street weighs the software maker's outlook, a 117.39% upside from the current price.

By TradeTexts Research Desk · Published Jun 17, 2026, 2:02 AM EDT · Updated Jun 23, 2026, 7:01 AM EDT

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Cantor Fitzgerald rated Domo, Inc. ($DOMO) "buy" with a $5 price target on June 16, 2026.

DOMO Domo, Inc.

$3.25 -8.45% since first close

All Daily close · Oct 1, 2026

Key Points

Cantor Fitzgerald analyst Thomas Blakey reiterated a buy rating on Domo, Inc. (NasdaqGM: DOMO) with a $5.00 price target on June 16, 2026.
Cantor Fitzgerald's $5 price target implies 117.39% upside from Domo, Inc.'s ($DOMO) current $2.30 share price.
The broader analyst community holds a consensus hold recommendation on Domo with an average price target of $3.93 across six opinions.
Domo shares trade well below their 52-week high, recently changing hands at $2.30 against a market capitalization of roughly $174.97 million.

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Cantor Fitzgerald Reiterates Outlook on Domo

Cantor Fitzgerald analyst Thomas Blakey kept his optimistic view on Domo, Inc. (NasdaqGM: DOMO) on June 16, 2026. The firm reaffirmed its buy rating on the cloud software provider alongside a price target of $5.00. This call stands higher than where the stock currently trades, pointing to room for potential gains if the company hits its marks.

Wall Street Analyst Coverage and Price Targets

Cantor Fitzgerald's upbeat stance joins a mixed backdrop of recent analyst updates for the cloud platform. On August 17, 2026, Citizens reiterated its Market Underperform rating on Domo with a $2.25 price target. Earlier in the summer on July 23, 2026, Lake Street upgraded the stock to a buy with a $5.00 price target, lowering it from a prior $7.00 target. On that same day, Stephens & Co. downgraded the stock to an equal-weight rating while trimming its target from $5.00 to $4.00. Across the wider street, the consensus recommendation sits at a hold with an average price target of $3.93 based on six analyst opinions.

Domo Stock Price and Valuation Context

Domo shares trade at $2.30, sitting near the lower end of their 52-week range that stretches from a low of $1.84 to a high of $18.35. The company carries a market capitalization of about $174.97 million and a forward P/E ratio of 34.44 based on projected earnings. With a beta of 1.77, the shares tend to move faster than the wider market.

12-month forecast

$DOMO price target

Domo, Inc. daily closes and this analyst's $5 target. Not advice.

Inside Domo's Software Platform

Headquartered in American Fork, Utah, Domo runs a cloud-based platform that helps organizations connect employees with real-time data and analytics tools. The company serves clients across financial services, health care, retail, and technology sectors, giving business leaders tools to build apps and automate workflows using modern data architecture.

What to Watch Next for Domo

Investors tracking Domo will want to keep an eye out for its upcoming earnings report expected around December 3, 2026. Future updates from Cantor Fitzgerald and other covering firms will also shed light on how demand for the company's AI and data products shapes up through the end of the year.