Should I buy or sell Ooma stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OOMA shares. View OOMA analyst ratings or view top-rated stocks .

What is Ooma's stock price target for 2024?

3 brokerages have issued 12-month price objectives for Ooma's shares. Their OOMA share price targets range from $14.50 to $15.00. On average, they predict the company's stock price to reach $14.67 in the next year. This suggests a possible upside of 108.9% from the stock's current price. View analysts price targets for OOMA or view top-rated stocks among Wall Street analysts .

How have OOMA shares performed in 2024?

Ooma's stock was trading at $10.73 on January 1st, 2024. Since then, OOMA shares have decreased by 34.6% and is now trading at $7.02. View the best growth stocks for 2024 here .

When is Ooma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024. View our OOMA earnings forecast .

How were Ooma's earnings last quarter?

Ooma, Inc. (NYSE:OOMA) announced its quarterly earnings data on Tuesday, March, 5th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.03. The technology company had revenue of $61.68 million for the quarter, compared to the consensus estimate of $61.46 million. Ooma had a positive trailing twelve-month return on equity of 0.35% and a negative net margin of 0.35%.

What guidance has Ooma issued on next quarter's earnings?

Ooma issued an update on its FY 2025 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of 0.510-0.550 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $250.0 million-$253.0 million, compared to the consensus revenue estimate of $256.3 million.

What is Eric Stang's approval rating as Ooma's CEO?

60 employees have rated Ooma Chief Executive Officer Eric Stang on Glassdoor.com . Eric Stang has an approval rating of 88% among the company's employees.

What other stocks do shareholders of Ooma own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ooma investors own include Applied Materials (AMAT) , Advanced Micro Devices (AMD) , Ford Motor (F) , Alibaba Group (BABA) , Citigroup (C) , Salesforce (CRM) , Cisco Systems (CSCO) , KeyCorp (KEY) , Pfizer (PFE) and AT&T (T) .

Ooma (OOMA) raised $85 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch acted as the underwriters for the IPO and JMP Securities, William Blair and Wunderlich were co-managers.

Who are Ooma's major shareholders?

Ooma's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.08%). Insiders that own company stock include Eric B Stang , James A Gustke, Jenny C Yeh , Ravi Narula and William D Pearce. View institutional ownership trends .

How do I buy shares of Ooma?

Shares of OOMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Does Ooma have any subsidiaries?

The following companies are subsidiares of Ooma: Broadsmart Global, Broadsmart Global Inc., Butterfleye, Ooma Australia Pty Ltd., Ooma Canada Inc., Ooma Columbia S.A.S., Ooma International Ltd., Ooma International Operations LLC, Ooma Ireland Limited, Ooma Peru S.A.C., Oomazing Telecom, Talkatone, Talkatone LLC, Voxter, and Voxter Communications Inc.. Read More

NYSE:OOMA

Ooma (OOMA) Stock Price, News & Analysis

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$7.02

+0.11 (+1.59%)

(As of 04/18/2024 ET)

Compare

Today's Range: $6.86
▼
$7.08
50-Day Range: $6.89
▼
$11.00
52-Week Range: $6.86
▼
$15.66

Volume: 100,595 shs
Average Volume: 77,781 shs
Market Capitalization: $185.33 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.67

Get Ooma alerts:

Ooma MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 108.9% Upside
$14.67 Price Target
Short Interest: Healthy
1.31% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.64
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.11) to ($0.08) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.65 out of 5 stars

Computer And Technology Sector

367th out of 590 stocks

Data Processing & Preparation Industry

27th out of 55 stocks

3.5

Analyst's Opinion

Consensus Rating
Ooma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Ooma has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.31% of the outstanding shares of Ooma have been sold short.
Short Interest Ratio / Days to Cover
Ooma has a short interest ratio ("days to cover") of 4.5.
Change versus previous month
Short interest in Ooma has recently decreased by 6.11%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Ooma does not currently pay a dividend.
Dividend Growth
Ooma does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OOMA.

2.6

News and Social Media Coverage

News Sentiment
Ooma has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Ooma this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for OOMA on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ooma insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 9.05% of the stock of Ooma is held by insiders.
Percentage Held by Institutions
80.42% of the stock of Ooma is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Ooma are expected to grow in the coming year, from ($0.11) to ($0.08) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ooma is -234.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ooma is -234.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Ooma has a P/B Ratio of 2.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Ooma Stock (NYSE: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. It also provides Ooma AirDial, a plain old telephone service; PureVoice HD, a residential phone services; Ooma basic that provides unlimited personal calling within the United States; and Ooma Premier, a suite of advanced calling features on a monthly or annual subscription basis. In addition, the company offers Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; Ooma Telo Air, a wireless Ooma Telo with built-in Wi-Fi and Bluetooth; and Ooma Telo LTE, which combines the Ooma Telo base station with the Ooma LTE Adapter and battery back-up. Further, it provides Ooma Mobile HD app that allows users to make and receive phone calls and access Ooma features and settings; 2600Hz provides business communication applications; Talkatone mobile app; and OnSIP, an UCaaS solutions. The company offers its products through direct sales, distributors, retailers, and resellers, as well as online and sale representatives. Ooma, Inc. was incorporated in 2003 and is headquartered in Sunnyvale, California.

OOMA Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OOMA Stock News Headlines

April 17, 2024 | finance.yahoo.com

Ooma Office Wins PCMag 2024 Business Choice Award For VoIP Service

April 17, 2024 | businesswire.com

Ooma Office Wins PCMag 2024 Business Choice Award For VoIP Service

April 18, 2024 | Crypto 101 Media (Ad)

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April 14, 2024 | finance.yahoo.com

Ooma, Inc. (OOMA) Stock Historical Prices & Data - Yahoo Finance

April 10, 2024 | americanbankingnews.com

Ooma (NYSE:OOMA) Shares Cross Below 50 Day Moving Average of $9.38

April 9, 2024 | msn.com

Tour Video of R3,500 Rivonia Sandton 1 Bedroom Rental Apartment Gets South Africans Buzzing

April 3, 2024 | stocknews.com

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April 3, 2024 | forbes.com

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April 18, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

March 28, 2024 | msn.com

Oi S.A. reports Q4 results

March 28, 2024 | msn.com

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March 28, 2024 | usnews.com

Cheapest VoIP Phone Service Companies

March 13, 2024 | msn.com

NVIDIA To Rally Around 20%? Here Are 10 Top Analyst Forecasts For Wednesday

March 13, 2024 | markets.businessinsider.com

Analysts Offer Insights on Communication Services Companies: Ooma (OOMA) and AdTheorent Holding (ADTH)

March 7, 2024 | finance.yahoo.com

Ooma, Inc. (NYSE:OOMA) Q4 2024 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

Ooma Inc (OOMA) Reports Growth in Revenue and Non-GAAP Net Income for FY 2024

March 7, 2024 | seekingalpha.com

Ooma, Inc. (OOMA) Q4 2024 Earnings Call Transcript

March 7, 2024 | finance.yahoo.com

2600Hz Wins 2024 TMCnet Awards for Internet Telephony Product of the Year and Remote Work Pioneer

March 6, 2024 | finance.yahoo.com

OOMA Jul 2024 7.500 put

March 6, 2024 | benzinga.com

Recap: Ooma Q4 Earnings

March 6, 2024 | msn.com

Ooma beats top-line and bottom-line estimates; initiates Q1 and raises FY25 outlook

March 6, 2024 | markets.businessinsider.com

Alliance Global Partners Maintains Buy Rating for Ooma: Here's What You Need To Know

March 6, 2024 | finance.yahoo.com

Q4 2024 Ooma Inc Earnings Call

March 6, 2024 | gurufocus.com

Q4 2024 Ooma Inc Earnings Call Transcript

March 5, 2024 | investorplace.com

OOMA Stock Earnings: Ooma Beats EPS, Beats Revenue for Q4 2024

March 5, 2024 | businesswire.com

Ooma Reports Fourth Quarter and Fiscal Year 2024 Financial Results

March 5, 2024 | msn.com

Stock Index Futures Slip Ahead of U.S. Economic Data, Powell’s Testimony Awaited

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/28/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Computer and Technology
Industry: Data processing & preparation
Sub-Industry: N/A
Current Symbol: NYSE:OOMA
CUSIP: N/A
CIK: 1327688
Web: www.ooma.com
Phone: (650) 566-6600
Fax: N/A
Employees: 1,221
Year Founded: 2004

Price Target and Rating

Average Stock Price Target: $14.67
High Stock Price Target: $15.00
Low Stock Price Target: $14.50
Potential Upside/Downside: +108.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.03)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-830,000.00
Net Margins: -0.35%
Pretax Margin: -1.19%
Return on Equity: 0.35%
Return on Assets: 0.17%

Debt

Debt-to-Equity Ratio: 0.20
Current Ratio: 1.24
Quick Ratio: 0.85

Sales & Book Value

Annual Sales: $236.74 million
Price / Sales: 0.78
Cash Flow: $0.43 per share
Price / Cash Flow: 16.19
Book Value: $3.03 per share
Price / Book: 2.32

Miscellaneous

Outstanding Shares: 26,400,000
Free Float: 24,011,000
Market Cap: $185.33 million
Optionable: Optionable
Beta: 0.81

Social Links

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Key Executives

Mr. Eric B. Stang (Age 64)
President, CEO & Chairman
Comp: $1.2M
Mr. Shigeyuki Hamamatsu (Age 51)
VP, CFO & Treasurer
Comp: $747.03k
Ms. Namrata Sabharwal (Age 52)
Chief Accounting Officer
Comp: $554.92k
Ms. Jenny C. Yeh J.D. (Age 49)
Senior VP, General Counsel, Corporate Secretary & Director
Comp: $602.11k
Mr. James A. Gustke (Age 62)
Senior Vice President of Marketing
Comp: $472.37k
Mr. Tobin E. Farrand (Age 63)
Senior Vice President of Engineering & Operations
Mr. Matthew Sewell Robison (Age 63)
Director of IR & Corporate Development
Mr. Timothy J. Sullivan (Age 68)
Senior Vice President of Sales
Mr. Chris Burgy
Senior Vice President of Corporate Development
Ms. Cameron Gibson
Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OOMA Stock Analysis - Frequently Asked Questions

Should I buy or sell Ooma stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" OOMA shares.
View OOMA analyst ratings or view top-rated stocks.
What is Ooma's stock price target for 2024?: 3 brokerages have issued 12-month price objectives for Ooma's shares. Their OOMA share price targets range from $14.50 to $15.00. On average, they predict the company's stock price to reach $14.67 in the next year. This suggests a possible upside of 108.9% from the stock's current price.
View analysts price targets for OOMA or view top-rated stocks among Wall Street analysts.
How have OOMA shares performed in 2024?: Ooma's stock was trading at $10.73 on January 1st, 2024. Since then, OOMA shares have decreased by 34.6% and is now trading at $7.02.
View the best growth stocks for 2024 here.
When is Ooma's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 28th 2024.
View our OOMA earnings forecast.
How were Ooma's earnings last quarter?: Ooma, Inc. (NYSE:OOMA) announced its quarterly earnings data on Tuesday, March, 5th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.03. The technology company had revenue of $61.68 million for the quarter, compared to the consensus estimate of $61.46 million. Ooma had a positive trailing twelve-month return on equity of 0.35% and a negative net margin of 0.35%.
What guidance has Ooma issued on next quarter's earnings?: Ooma issued an update on its FY 2025 earnings guidance on Wednesday, March, 6th. The company provided EPS guidance of 0.510-0.550 for the period, compared to the consensus EPS estimate of 0.610. The company issued revenue guidance of $250.0 million-$253.0 million, compared to the consensus revenue estimate of $256.3 million.

What is Eric Stang's approval rating as Ooma's CEO?: 60 employees have rated Ooma Chief Executive Officer Eric Stang on Glassdoor.com. Eric Stang has an approval rating of 88% among the company's employees.
What other stocks do shareholders of Ooma own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Ooma investors own include Applied Materials (AMAT), Advanced Micro Devices (AMD), Ford Motor (F), Alibaba Group (BABA), Citigroup (C), Salesforce (CRM), Cisco Systems (CSCO), KeyCorp (KEY), Pfizer (PFE) and AT&T (T).
When did Ooma IPO?: Ooma (OOMA) raised $85 million in an initial public offering (IPO) on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch acted as the underwriters for the IPO and JMP Securities, William Blair and Wunderlich were co-managers.
Who are Ooma's major shareholders?: Ooma's stock is owned by many different institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (0.08%). Insiders that own company stock include Eric B Stang, James A Gustke, Jenny C Yeh, Ravi Narula and William D Pearce.
View institutional ownership trends.
How do I buy shares of Ooma?: Shares of OOMA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.
Does Ooma have any subsidiaries?: The following companies are subsidiares of Ooma: Broadsmart Global, Broadsmart Global Inc., Butterfleye, Ooma Australia Pty Ltd., Ooma Canada Inc., Ooma Columbia S.A.S., Ooma International Ltd., Ooma International Operations LLC, Ooma Ireland Limited, Ooma Peru S.A.C., Oomazing Telecom, Talkatone, Talkatone LLC, Voxter, and Voxter Communications Inc..
Read More

This page (NYSE:OOMA) was last updated on 4/18/2024 by MarketBeat.com Staff

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Ooma (OOMA) Stock Price, News & Analysis

Ooma MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Ooma Stock (NYSE:OOMA)

OOMA Stock Price History

OOMA Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

OOMA Stock Analysis - Frequently Asked Questions

Overall MarketRank^™