Research Analysts Set Expectations for Ooma Q1 Earnings

Ooma, Inc. (NYSE:OOMA - Free Report) - Equities research analysts at B. Riley issued their Q1 2026 earnings per share estimates for shares of Ooma in a research report issued to clients and investors on Wednesday, March 5th. B. Riley analyst J. Nichols anticipates that the technology company will post earnings of $0.04 per share for the quarter. B. Riley has a "Buy" rating and a $15.50 price objective 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 Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.07 EPS and FY2026 earnings at $0.22 EPS.

Other equities research analysts have also issued reports about the stock. Benchmark increased their target price on shares of Ooma from $17.00 to $20.00 and gave the stock a "buy" rating in a report on Wednesday, March 5th. Northland Securities lifted their target price on Ooma from $16.00 to $18.00 and gave the company an "outperform" rating in a report on Thursday, December 5th. Lake Street Capital lowered their target price on Ooma from $18.00 to $17.00 and set a "buy" rating for the company in a research note on Wednesday, March 5th. Finally, StockNews.com raised Ooma from a "buy" rating to a "strong-buy" rating in a research report on Friday, December 6th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $17.63.

Remove Ads

Ooma Stock Down 2.0 %

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

Institutional Trading of Ooma

Large investors have recently made changes to their positions in the company. Quantbot Technologies LP acquired a new position in Ooma during the fourth quarter worth approximately $92,000. Virtus Investment Advisers Inc. acquired a new position in Ooma in the third quarter valued at $98,000. Paloma Partners Management Co purchased a new stake in Ooma during the 3rd quarter valued at approximately $126,000. EntryPoint Capital LLC acquired a new position in shares of Ooma in the fourth quarter valued at approximately $153,000. Finally, Gladius Capital Management LP purchased a new stake in shares of Ooma during the third quarter worth approximately $165,000. 80.42% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Ooma news, Director Andrew H. Galligan sold 14,824 shares of the company's stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total value of $215,837.44. Following the completion of the transaction, the director now owns 241,932 shares in the company, valued at $3,522,529.92. This represents a 5.77 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 9.76% of the company's stock.

About Ooma

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.