Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTAbdul RahmanFri, June 26, 2026 at 10:28 PM GMT+2 2 min readDomo Inc (NASDAQ:DOMO) is one of the best AI stocks under $10 to buy now. Some 20 hedge funds have stakes in Domo Inc (NASDAQ:DOMO), as the Street projects more than 160% upside for the stock.D.A. Davidson Reiterates Domo Inc (DOMO) Stock Rating Copyright: melpomen / 123RF Stock PhotoOn June 16, D.A. Davidson reiterated its Neutral rating on Domo Inc (NASDAQ:DOMO) stock with a price target of $3.50. This call followed Domo's mixed earnings results for fiscal Q1 2027, which ended on April 30.The company delivered revenue of $79.4 million, down from $80.1 million a year ago and below the $79.6 million that analysts forecast. However, the adjusted loss per share of $0.02 was better than the loss per share of $0.08 that the Street anticipated.Subscription revenue dropped to $69.8 million from $71.4 million a year ago. The brokerage said the decline in subscription revenue was a factor in maintaining the Neutral rating on the stock.Domo CEO Josh James commented that the company has built a platform that helps businesses "put data, AI, and agents to work in meaningful ways." He added that he is proud of what the Domo team has built, and that the company is approaching $300 million in recurring revenue. Domo exited Q1 with $39.1 million in cash.In its remarks, D.A. Davidson noted that Domo continues to search for an acquirer, and that the company has secured additional time for this search.Domo Inc (NASDAQ:DOMO) provides a cloud-based business intelligence platform. This platform can be used to automate data preparation, connect diverse data sources, and build interactive dashboards. These AI-powered solutions are designed to help teams make faster business decisions.While we acknowledge the potential of DOMO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.READ NEXT: 10 Most Promising Healthcare Stocks According to Wall Street Analysts and 15 High-Growth Large-Cap Stocks to Invest In Now.Disclosure: None. Follow Insider Monkey on Google News.Terms and Privacy PolicyEU DSA contactPrivacy & Cookie SettingsMore Info