William Blair Estimates Ooma's Q1 Earnings (NYSE:OOMA)

Ooma, Inc. (NYSE:OOMA - Free Report) - Stock analysts at William Blair issued their Q1 2026 earnings per share estimates for shares of Ooma in a research note issued to investors on Wednesday, March 5th. William Blair analyst A. Bhatia forecasts that the technology company will post earnings of $0.04 per share for the quarter. The consensus estimate for Ooma's current full-year earnings is ($0.06) per share. William Blair also issued estimates for Ooma's Q2 2026 earnings at ($0.02) EPS, Q3 2026 earnings at $0.04 EPS, Q4 2026 earnings at $0.06 EPS, FY2026 earnings at $0.21 EPS, Q1 2027 earnings at $0.04 EPS, Q2 2027 earnings at $0.01 EPS, Q3 2027 earnings at $0.05 EPS, Q4 2027 earnings at $0.05 EPS and FY2027 earnings at $0.15 EPS.

Several other equities research analysts have also commented on the stock. Benchmark boosted their price objective on shares of Ooma from $17.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday, March 5th. Northland Securities upped their price target on Ooma from $16.00 to $18.00 and gave the stock an "outperform" rating in a research note on Thursday, December 5th. B. Riley boosted their target price on Ooma from $14.50 to $15.50 and gave the stock a "buy" rating in a report on Monday, November 25th. Lake Street Capital reduced their price target on Ooma from $18.00 to $17.00 and set a "buy" rating for the company in a report on Wednesday, March 5th. Finally, StockNews.com upgraded shares of Ooma from a "buy" rating to a "strong-buy" rating in a research note on Friday, December 6th. One analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Ooma presently has an average rating of "Buy" and a consensus price target of $17.63.

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Ooma Trading Down 2.0 %

Shares of NYSE:OOMA traded down $0.28 on Monday, hitting $13.46. The company had a trading volume of 80,173 shares, compared to its average volume of 113,898. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.04. Ooma has a 1 year low of $6.50 and a 1 year high of $17.00. The firm's 50-day simple moving average is $14.36 and its two-hundred day simple moving average is $13.26. The firm has a market capitalization of $363.42 million, a price-to-earnings ratio of -36.30 and a beta of 0.99.

Hedge Funds Weigh In On Ooma

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bard Associates Inc. purchased a new stake in shares of Ooma during the 3rd quarter valued at about $232,000. Gladius Capital Management LP purchased a new stake in Ooma during the third quarter valued at approximately $165,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of Ooma by 69.1% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 163,212 shares of the technology company's stock valued at $1,859,000 after purchasing an additional 66,678 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in shares of Ooma by 4.6% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 70,829 shares of the technology company's stock valued at $807,000 after purchasing an additional 3,138 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of Ooma in the 3rd quarter worth approximately $280,000. Institutional investors own 80.42% of the company's stock.

Insider Buying and Selling at Ooma

In other news, Director Andrew H. Galligan sold 14,824 shares of the firm's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total transaction of $215,837.44. Following the sale, the director now directly owns 241,932 shares in the company, valued at $3,522,529.92. This trade represents a 5.77 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 9.76% of the stock is owned by corporate insiders.

Ooma Company Profile

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.