Why Domo Stock Skyrocketed Today
Shares of (NASDAQ: DOMO) absolutely soared on Thursday. The stock had gained 30.5% at 1:30 p.m. ET, driven by a robust earnings report.
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The cloud-based software specialist reported $80.1 million of top-line revenue in the first quarter of fiscal year 2026, unchanged from the year-ago period. Further down the income statement, Domo saw an adjusted net loss of $0.09 per share. That's a strong improvement from a net loss of $0.33 per share. The average Wall Street analyst had expected a larger loss of roughly $0.11 per share.
Source Fool.com
Domo Stock
€5.38
-4.080%
With 15 Buy predictions and not the single Sell prediction the community is currently very high on Domo.
Based on the current price of 5.38 € the target price of 14 € shows a potential of 160.13% for Domo which would more than double the current price.
