By Tredu.com • 2025-08-28 15:09:38
Tredu
Domo, Inc. (NASDAQ:DOMO) is a cloud-based platform specializing in business intelligence and data visualization, aiding companies in making data-driven decisions through real-time insights. Competing with tech giants like Tableau and Microsoft Power BI, Domo has recently been in the spotlight due to a price target set by Eric Martinuzzi from Lake Street, suggesting a potential price increase to $16, about a 3.70% rise from its trading price on August 28, 2025.
Domo's recent financial results for the fiscal second quarter ending July 31, 2025, highlight a total revenue of $79.7 million. A significant portion of this revenue, $72.7 million, comes from subscription services, underscoring the company's emphasis on subscription-based revenue streams. The quarter's billings stood at $70.3 million, demonstrating Domo's capability in securing future revenue.
The Subscription Remaining Performance Obligations (RPO) showcased a robust growth, reaching $409.8 million, a 19% increase compared to the previous year. This growth in RPO indicates a solid pipeline of future revenue from existing contracts, with the current subscription RPO at $220.2 million, reflecting a 4% year-over-year growth. Such steady demand for Domo's services suggests a positive outlook for the company's financial health.
However, despite these positive financial metrics, DOMO's stock price has seen a decline of approximately 11.36%, with the current trading price at $15.57. The stock has experienced significant volatility, with a yearly high of $17.88 and a low of $6.01. Domo's market capitalization stands at approximately $626.6 million, with a trading volume indicating sustained investor interest despite recent price fluctuations. According to Business Wire, the company's financial performance and market dynamics remain crucial in influencing future stock price movements.