10 AI News Stories That Are Dominating Headlines

5. Domo, Inc. (NASDAQ:DOMO)

Number of Hedge Fund Holders: 15

Domo, Inc. (NASDAQ:DOMO) provides a cloud-based business intelligence platform for real-time data access and analytics across multiple devices. On February 11, Cantor Fitzgerald analyst Yi Fu Lee initiated coverage of the stock with an “Overweight” rating and an $11 price target. The analyst told investors in a research note that Domo is a cloud-native modern business intelligence and analytics software platform that helps companies analyze data, unlock actionable insights, and collaborate on important insights. The firm also advises investors to consider buying the stock, stating that it is an “under-followed” small-cap data cloud name expanding to areas in artificial intelligence model management and agentic AI. It further contended that the stock’s pullback of 30% from a one-year high of over $12 presents an attractive entry point.