Domo Surges on AWS Collaboration to Boost AI Solutions

On August 26, 2025, Domo (NASDAQ:DOMO), a leading business intelligence platform, announced a strategic collaboration with Amazon Web Services (AWS) to accelerate the adoption of generative artificial intelligence (AI) solutions. The partnership aims to help mutual customers of both companies build AI-powered solutions by leveraging Domo's AI platform and AWS's cloud infrastructure.

The collaboration specifically focuses on Domo AI, the company's suite of AI tools that includes features like natural language querying and automated insights. This positive development follows other recent good news for Domo. Just a day prior, analysts at TD Cowen upgraded the company's stock rating to Buy from Hold and significantly raised their price target, citing a belief that Domo is "turning the corner" on key strategic initiatives that could drive sustained growth.

Domo's shares have been very volatile, with 28 moves greater than 5% over the last year. However, today's 8.4% jump indicates the market considers this AWS collaboration meaningful but not a fundamental game-changer for the business. Domo's stock is up 142% since the beginning of the year and has set a new 52-week high of $17.15 per share. Investors who bought $1,000 worth of Domo's shares 5 years ago would now be looking at an investment worth $448.16.