Morgan Stanley has revised its price target for Domo (DOMO, Financial), lowering it from $9 to $8. Despite this adjustment, the firm maintains an Equal Weight rating on the stock. This move is part of a broader strategy by Morgan Stanley to reassess risk and reward scenarios for numerous software companies in light of ongoing tariff uncertainties and the current market valuations of these shares.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Domo Inc (DOMO, Financial) is $10.08 with a high estimate of $16.00 and a low estimate of $8.00. The average target implies an upside of 27.80% from the current price of $7.89. More detailed estimate data can be found on the Domo Inc (DOMO) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Domo Inc's (DOMO, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Domo Inc (DOMO, Financial) in one year is $10.07, suggesting a upside of 27.63% from the current price of $7.89. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Domo Inc (DOMO) Summary page.
