Domo stock hits 52-week low at $6.11 amid market challenges

Published 04/04/2025, 17:56
Domo stock hits 52-week low at $6.11 amid market challenges

In a challenging market environment, Domo Inc . (NASDAQ:DOMO) stock has touched a 52-week low, dipping to $6.11. With a market capitalization of $240.51 million and a beta of 2.57, InvestingPro analysis suggests the stock is currently trading below its Fair Value. The cloud software company, known for its business intelligence tools, has faced significant headwinds over the past year, reflected in a substantial 1-year change with a decline of -30.77%. Investors have shown concern as the stock struggles to regain momentum amidst a broader tech sell-off that has seen many high-growth names retreat from their peaks. The current price level marks a critical juncture for the company as it navigates through a period of heightened volatility and investor skepticism, with a concerning current ratio of 0.56 indicating potential liquidity challenges. Discover more insights and 7 additional key tips about DOMO with an InvestingPro subscription, including exclusive access to comprehensive Pro Research Reports.

In other recent news, Domo Inc. announced a partnership with Human Capital Vue (HCVue) to enhance HR data integration using Domo’s technology. This collaboration aims to improve employee satisfaction and retention metrics by providing HR professionals with real-time insights. In a separate development, Domo introduced several platform enhancements at their Domopalooza 2025 event, including new tools for data interaction and the introduction of Agent Catalyst for developing autonomous AI agents. These updates reflect Domo’s commitment to improving data accessibility and automation capabilities.

Citizens JMP maintained a Market Outperform rating for Domo with a $16.00 price target, following positive feedback from the company’s annual user conference. The event highlighted customer intentions to increase spending on Domo’s services, with 67% of surveyed customers planning to do so. Additionally, Cantor Fitzgerald reaffirmed an Overweight rating with an $11.00 price target, citing Domo’s strong fiscal performance and focus on go-to-market execution. The firm noted Domo’s robust partner ecosystem and strategic initiatives like the Agent Catalyst platform, which has attracted significant customer interest.

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