Ooma, Inc. (NYSE:OOMA - Free Report) - Analysts at Northland Capmk raised their Q1 2026 EPS estimates for Ooma in a note issued to investors on Wednesday, March 5th. Northland Capmk analyst M. Latimore now anticipates that the technology company will post earnings of $0.04 per share for the quarter, up from their previous estimate of ($0.04). The consensus estimate for Ooma's current full-year earnings is ($0.06) per share. Northland Capmk also issued estimates for Ooma's Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.02 EPS and FY2026 earnings at $0.21 EPS.
Several other research firms have also commented on OOMA. Northland Securities raised their price target on shares of Ooma from $16.00 to $18.00 and gave the company an "outperform" rating in a research report on Thursday, December 5th. B. Riley lifted their price target on Ooma from $14.50 to $15.50 and gave the company a "buy" rating in a research note on Monday, November 25th. StockNews.com upgraded Ooma from a "buy" rating to a "strong-buy" rating in a research report on Friday, December 6th. Lake Street Capital cut their price objective on Ooma from $18.00 to $17.00 and set a "buy" rating for the company in a research report on Wednesday, March 5th. Finally, Benchmark increased their target price on Ooma from $17.00 to $20.00 and gave the company a "buy" rating in a research report on Wednesday, March 5th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $17.63.
Check Out Our Latest Research Report on OOMA
Ooma Stock Performance
Shares of OOMA stock 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 firm has a market cap of $363.42 million, a P/E ratio of -36.30 and a beta of 0.99. Ooma has a twelve month low of $6.50 and a twelve month high of $17.00. The company has a 50-day moving average price of $14.36 and a 200-day moving average price of $13.26. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.04.
Institutional Investors Weigh In On Ooma
A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. boosted its position in Ooma by 5.6% during the fourth quarter. Vanguard Group Inc. now owns 1,338,725 shares of the technology company's stock worth $18,822,000 after acquiring an additional 71,247 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Ooma by 0.4% during the 4th quarter. Renaissance Technologies LLC now owns 826,103 shares of the technology company's stock worth $11,615,000 after purchasing an additional 3,200 shares during the last quarter. Geode Capital Management LLC grew 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 valued at $7,794,000 after purchasing an additional 7,693 shares in the last quarter. State Street Corp grew 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 valued at $5,419,000 after purchasing an additional 13,240 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Ooma by 284.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 253,016 shares of the technology company's stock valued at $3,557,000 after purchasing an additional 187,245 shares during the last quarter. 80.42% of the stock is currently owned by institutional investors and hedge funds.
Insider Transactions at Ooma
In other Ooma news, Director Andrew H. Galligan sold 14,824 shares of the firm's stock in a transaction 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 trade represents a 5.77 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 9.76% of the company's stock.
About Ooma
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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.
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