Ooma, Inc. (NYSE:OOMA - Free Report) - Equities researchers at B. Riley issued their Q4 2026 earnings estimates for Ooma in a report issued on Wednesday, March 5th. B. Riley analyst J. Nichols forecasts that the technology company will post earnings per share of $0.08 for the quarter. B. Riley currently has a "Buy" rating and a $15.50 price target on the stock. The consensus estimate for Ooma's current full-year earnings is ($0.06) per share. B. Riley also issued estimates for Ooma's FY2027 earnings at $0.34 EPS.
Several other research firms have also issued reports on OOMA. StockNews.com upgraded shares of Ooma from a "buy" rating to a "strong-buy" rating in a research report on Friday, December 6th. Benchmark lifted their target price on Ooma from $17.00 to $20.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Lake Street Capital reduced their target price on Ooma from $18.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Finally, Northland Securities boosted their price objective on Ooma from $16.00 to $18.00 and gave the stock an "outperform" rating in a report on Thursday, December 5th. One equities research analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $17.63.
Get Our Latest Report on Ooma
Ooma Price Performance
Shares of OOMA traded down $0.15 during mid-day trading on Friday, hitting $13.61. The company's stock had a trading volume of 170,534 shares, compared to its average volume of 113,745. Ooma has a fifty-two week low of $6.50 and a fifty-two week high of $17.00. The stock has a market capitalization of $367.50 million, a price-to-earnings ratio of -36.79 and a beta of 0.99. The firm has a 50-day moving average price of $14.38 and a 200 day moving average price of $13.22. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.08 and a quick ratio of 0.82.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of OOMA. Vanguard Group Inc. lifted its stake in shares of Ooma by 5.6% in the 4th quarter. Vanguard Group Inc. now owns 1,338,725 shares of the technology company's stock valued at $18,822,000 after purchasing an additional 71,247 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Ooma by 0.4% during the fourth quarter. Renaissance Technologies LLC now owns 826,103 shares of the technology company's stock valued at $11,615,000 after buying an additional 3,200 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Ooma by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 554,211 shares of the technology company's stock worth $7,794,000 after buying an additional 7,693 shares during the last quarter. State Street Corp lifted its position in shares of Ooma by 2.9% in the third quarter. State Street Corp now owns 475,737 shares of the technology company's stock worth $5,419,000 after buying an additional 13,240 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Ooma by 284.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 253,016 shares of the technology company's stock worth $3,557,000 after acquiring an additional 187,245 shares in the last quarter. Institutional investors and hedge funds own 80.42% of the company's stock.
Insider Activity
In related news, Director Andrew H. Galligan sold 14,824 shares of the stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $14.56, for a total value of $215,837.44. Following the transaction, the director now owns 241,932 shares in the company, valued at approximately $3,522,529.92. This represents a 5.77 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 9.76% of the stock is currently owned by corporate insiders.
About Ooma
(
Get Free Report)
Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.
See Also
Before you consider Ooma, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ooma wasn't on the list.
While Ooma currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
