Domo (DOMO) Climbs +17.2% After Agreeing to Sell Assets for $400 Million
Key Takeaways
- DOMO climbed about 17.2% over the trailing 30 days, rising from a July 15 adjusted close of $3.34 to roughly $3.92 in mid-August 2026.
- The advance was driven by Domo's agreement to sell substantially all operating assets and certain liabilities to Progress Software (PRGS) for $400 million in cash.
- At closing, Domo expects to hold approximately $246 million in net cash, or about $4.84 per share, plus more than $900 million in net operating loss carryforwards.
- Domo shares remain highly volatile and well below their 52-week high following a June selloff tied to a credit covenant breach and a going-concern warning.
- Over the trailing three months, the stock has traded in an exceptionally wide range, from an intraday low near $1.84 to an intraday high near $4.66.
Understanding Domo (DOMO)'s Business and Market Position
Domo, Inc. operates a cloud-native AI and data products platform that helps organizations integrate, govern, analyze, and act on data. Its platform spans data integration, business intelligence, embedded analytics, low-code automation through Workflows, and AI-powered tools under Domo.AI, alongside the App Studio application builder and Domo Everywhere for embedding analytics into other products. The company serves roughly 2,400 customers, and more than 85% of its annual recurring revenue is consumption-based, according to commentary from Progress Software. Domo competes in the business-intelligence and data-analytics market and works within cloud data ecosystems, including partnerships with providers such as Snowflake (SNOW). Investors follow the stock for its AI positioning, billings trends, retention metrics, and progress toward profitability. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
Domo (DOMO) Stock Price Performance: Last 30 Days vs. Quarter
Using adjusted closing prices, DOMO rose from $3.34 on July 15, 2026, to $3.915 intraday on August 14, 2026, a gain of approximately 17.2%. Most of that move occurred on July 23, when shares jumped from a $3.15 close to a $3.95 close, an increase of roughly 25%, after trading as high as $4.44 intraday. Since then, the stock has consolidated mainly between about $3.55 and $4.06. The trailing three-month picture is more turbulent. From a mid-May close near $3.43, DOMO is up about 14.1%. Within that window, however, the stock rallied to a June 1 close of $4.53, plunged to a June 17 close of $2.00 amid balance-sheet concerns, and then recovered after the asset-sale announcement. The result is a positive but highly volatile quarter for Domo shareholders.
What Drove DOMO Stock Price in the Last 30 Days
The decisive catalyst was the July 22, 2026, announcement that Domo's board unanimously approved a definitive agreement to sell substantially all operating assets, employees, and certain liabilities to Progress Software for $400 million in cash. Under the terms, Domo will retain more than $900 million in net operating loss carryforwards and expects net cash of about $246 million at closing, equivalent to roughly $4.84 per share and an 81% premium to the 30-day volume-weighted average price. After closing, Domo will change its name and ticker and remain a publicly listed entity with a debt-free balance sheet and limited operating expenses. The transaction is expected to close before Progress Software's fiscal year ends on November 30, 2026, subject to regulatory approvals, and is not subject to a financing condition. Founder and CEO Josh James executed an irrevocable shareholder consent approving the deal. Analyst reaction reflected the transaction's deal-based valuation. Cantor Fitzgerald downgraded Domo to Neutral from Overweight and lowered its price target to $4.84 from $5.00, anchoring its view to the expected cash per share rather than standalone operating performance. From what I see, this deal fundamentally shifts the investment thesis toward a cash-backed special situation.
What Drove DOMO Stock Performance Over the Last Quarter
The broader quarterly narrative is one of financial stress followed by strategic resolution. On June 15, Domo reported fiscal first-quarter 2027 results with revenue of $79.4 million, slightly below the roughly $79.6 million consensus, while delivering an adjusted loss of $0.02 per share, better than expected. More important, the company disclosed that it failed to meet a minimum annualized recurring revenue covenant under its credit facility, reclassified debt as current, entered a forbearance agreement with its lender, and issued a going-concern warning. The stock fell sharply in response. The July asset sale then reframed the equity story from a standalone turnaround to a special-situation transaction. By agreeing to sell the operating business, Domo reduced the uncertainty around its balance sheet and set a visible cash-per-share anchor for the remaining public entity. That shift explains the rapid recovery from June lows despite the stock still trading far below its 52-week high.
DOMO Stock Forecast Drivers: What Investors Should Watch Next
Investors will likely focus on regulatory approvals and the timing of the Progress Software transaction closing, with completion expected before November 30, 2026. Additional factors include how Progress integrates Domo's platform and customer base, and how the remaining public entity deploys its expected cash and net operating loss carryforwards. The remaining company has said it may pursue AI and automation opportunities, consider returning capital to shareholders, or both. The tax benefits preservation plan is designed to protect the value of the loss carryforwards. Broader conditions such as software-sector sentiment, small-cap volatility, interest rates, and any changes to the transaction's terms or termination provisions could also influence how DOMO trades between now and closing. I'm watching this closely as the deal timeline unfolds.
Exploring AI-Powered Trading Insights
One resource I find helpful when evaluating volatile names like this is Tickeron’s Trending AI Robots. The page curates top-performing bots from a larger marketplace, allowing users to compare strategies, timeframes, and metrics that align with different approaches to the market. It serves as a practical complement to traditional analysis without replacing individual judgment.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
DOMO's Indicator enters downward trend
The Aroon Indicator for DOMO entered a downward trend on September 16, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 310 similar instances where the Aroon Indicator formed such a pattern. In 269 of the 310 cases the stock moved lower. This puts the odds of a downward move at 87%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In 40 of 55 cases where DOMO's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are 73%.
The Momentum Indicator moved below the 0 level on September 18, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on DOMO as a result. In 69 of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 83%.
The Moving Average Convergence Divergence Histogram (MACD) for DOMO turned negative on September 17, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 40 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 80%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where DOMO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 83%.
Bullish Trend Analysis
Following a +3.70% 3-day Advance, the price is estimated to grow further. Considering data from situations where DOMO advanced for three days, in 209 of 269 cases, the price rose further within the following month. The odds of a continued upward trend are 78%.
Fundamental Analysis (Ratings)
The Tickeron Valuation Rating of 17 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (-27.152) is normal, around the industry mean (51.950). P/E Ratio (0.000) is within average values for comparable stocks, (82.426). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.152). Dividend Yield (0.000) settles around the average of (0.011) among similar stocks. P/S Ratio (0.528) is also within normal values, averaging (70.180).
The Tickeron Price Growth Rating for this company is 47 (best 1 - 100 worst), indicating steady price growth. DOMO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 100 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron SMR rating for this company is 100 (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 100 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. DOMO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.
Notable companies
Industry description
Market Cap
High and low price notable news
Volume
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Advertisement
General Information
a developer of business management software solutions
Industry PackagedSoftware
Advertisement