TD Cowen Rates DOMO hold, $3.25 Price Target
TD Cowen adjusts its rating on Domo shares as analysts across Wall Street review the cloud platform provider, a 0.31% downside from the current price.
Reviewed by automated data checks against the source data. How we make and check alerts
TD Cowen rated Domo, Inc. ($DOMO) "hold" with a $3.25 price target on June 16, 2026.
DOMO
Domo, Inc.
Key Points
- TD Cowen adjusted its rating on Domo, Inc. (NASDAQ:DOMO) to hold on June 16, 2026, setting a target price of $3.25.
- TD Cowen's $3.25 price target implies 0.31% downside from Domo, Inc.'s ($DOMO) current $3.26 share price.
- Domo shares recently traded around $3.26, sitting well below their 52-week high while carrying a forward P/E ratio of 34.4.
- Other firms have also updated their outlooks, with Citizens, Lake Street, and Stephens & Co. sharing recent ratings and targets.
Get $DOMO trade alerts by text
We text you when insiders, Congress or big funds trade $DOMO. Free.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Domo, Inc. alert may contain errors. Disclosures
TD Cowen Takes a Cautious Stance on Domo Shares
TD Cowen adjusted its stance on Domo, Inc. (NASDAQ:DOMO) on June 16, 2026, lowering its rating on the cloud software developer to hold. Analyst Derrick Wood pointed the firm toward a $3.25 price target for the application software provider. This call places the institution right in line with the broader consensus view held by market observers who follow the enterprise data platform.
$DOMO price target
Domo, Inc. daily closes and this analyst's $3.25 target. Not advice.
Where Domo Stock Stands Today
Trading near $3.26 on Tuesday, the equity changes hands well beneath its peak levels over the past year. The company carries a market capitalization of roughly $175.0 million and operates with a forward P/E ratio of 34.4 based on expected earnings. Domo brings in millions in annual revenue, though recent quarters showed a 3.7% dip in top-line revenue growth alongside a negative net margin.
Other Wall Street Firms Shape the Consensus
Wall Street houses a range of opinions on the software maker, reflected in recent moves from various research shops. On August 17, 2026, Citizens reiterated its Market Underperform rating with a $2.25 price target. Earlier in the summer, Lake Street shifted its stance on July 23, 2026, moving the stock to a Buy rating with a $5.00 price target, down from a prior target of $7.00. On that same day, Stephens & Co. adjusted its view by lowering the stock to an Equal-Weight rating while reducing its target from $5.00 to $4.00. Across six analyst opinions tracked by the market, the consensus recommendation sits at hold, supported by an average price target of $3.93.
Inside Domo's Cloud Platform Business
Headquartered in American Fork, Utah, Domo operates a cloud-based platform that brings real-time data and analytics tools to frontline workers and executives alike. The software connects various data systems across organizations in sectors like financial services, health care, and technology. Joshua G. James leads the firm as CEO, guiding a team of roughly 876 employees focused on modern data solutions and enterprise intelligence.
What to Watch Next for Domo
Market participants will keep an eye on upcoming financial results when Domo releases its next earnings report around December 3, 2026. These numbers will offer fresh insight into how the software provider manages its revenue growth and operational margins heading into the new year.
Related Filing Alerts
Source: TD Cowen's rating change on $DOMO (Jun 16, 2026). Written by software, not financial advice. How we make alerts