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Domo Shares Surge 33% Amid AI Innovation Summit

By ATTN Desk · Editorial oversight: Sean Han

Domo, Inc. (NASDAQ: DOMO)

Introduction

Domo, Inc. is an American cloud-native software company headquartered in American Fork, Utah. Founded in 2010 by Josh James, Domo provides a business intelligence and data visualization platform that incorporates AI and data science. The platform is designed to offer user-friendly dashboards, applications, and AI-driven workflows aimed at making data accessible across an organization with minimal IT involvement.


Corporate Profile

  • Headquarters: American Fork, Utah
  • Founded: 2010
  • IPO Date: June 29, 2018
  • Employees (LinkedIn): 501–1,000
  • Industry: Software Development, SaaS, Business Intelligence, Analytics, AI/ML, Cloud Computing
  • Specialties:
    • AI-driven data agents and workflows
    • Data integration, transformation, and management
    • Advanced visualization and embedded analytics

Recent Developments and News

  • May 21, 2025 – Form 8-K Filing
    Domo filed a Form 8-K (Item 2.02) disclosing financial performance metrics for its fiscal quarter. Details regarding revenue, net income or loss, and operational trends are included in the SEC filing.

  • May 21, 2025 – Agentic AI Innovation Summit
    The summit, held virtually from 9 AM to 12 PM PDT, featured AI experts from AWS, Weather Trends International, GWC Data.AI, and Domo. Sessions focused on AI agent deployment, conversational AI, and data preparedness for AI.

  • May 15, 2025 – Schedule 13G/A Amendment
    This amendment indicates:

    • Ameriprise Financial, Inc. beneficially owns 3,451,031 shares (9.6%)
    • TAM UK International Holdings Limited owns 3,432,051 shares (9.6%)
    • Threadneedle Holdings Limited owns 3,432,051 shares
  • May 13, 2025 – Annual Report to Security Holders
    Domo submitted its Annual Report (Form ARS), which includes fiscal 2024 results, risk factors, management discussion, and strategic initiatives.

  • May 22, 2025 – Trading Session

    • Closing Price: $11.40 (+33.33%)
    • Volume: 1,012,312 shares on NASDAQ

Financial and Strategic Analysis

MetricValue
Share Price (May 22, 2025)$11.40
Price Change (May 22, 2025)+33.33%
Day’s Range$9.16 – $11.48
52-Week Range$6.01 – $11.48
Volume (May 22, 2025)1,012,312
Average Volume (3-month)361,520
Market Capitalization (intraday)$458.3 M
Revenue (TTM)$317.0 M
Net Income (TTM)–$81.9 M
Profit Margin (TTM)–25.84%
Return on Assets (TTM)–17.08%
Price/Sales (TTM)1.04
Beta (5-year monthly)1.67
1-Year Target Estimate (Yahoo)$10.70

Strategic Highlights:

  • AI Agents & Workflows: Tools for automated task execution and dynamic adaptation.
  • Data Preparation: Tools for enriching and validating data for reliable AI interactions.
  • Embedded Analytics: Integration of secure data products and conversational AI in customer applications.
  • Partner Ecosystem: Partnerships with channel, technology, and app solution partners to enhance platform capabilities.

Market Position and Industry Context

  • Sector: SaaS, Business Intelligence, Analytics, Cloud Computing
  • Key Competitors: Tableau (Salesforce), Microsoft Power BI, Qlik, Sisense, ThoughtSpot
  • Institutional Ownership: Significant stakes held by Ameriprise Financial, TAM UK International, and Threadneedle
  • Volatility Indicator: Beta of 1.67 indicates higher than average price fluctuations
  • Growth Drivers: Increased enterprise adoption of AI for data insights and a focus on data accessibility

tl;dr

  • On May 22, 2025, DOMO shares closed at $11.40, representing a 33.33% increase on trading volume of 1.01 million shares.
  • A Form 8-K filed on May 21 detailed quarterly financial results, while an annual report to security holders was submitted on May 13.
  • Institutional investors, including Ameriprise, TAM UK, and Threadneedle, each hold approximately 9.6% of Class B shares.
  • Domo hosted the Agentic AI Innovation Summit on May 21, which showcased no-code AI agent deployment.
  • Yahoo Finance's 1-year target estimate stands at $10.70, reflecting analyst expectations for the forthcoming period.

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