B. Riley Issues Optimistic Forecast for Ooma Earnings

Ooma, Inc. (NYSE:OOMA) – Equities researchers at B. Riley upped their Q2 2026 earnings estimates for Ooma in a research report issued on Thursday, May 29th. B. Riley analyst J. Nichols now expects that the technology company will post earnings per share of $0.06 for the quarter, up from their prior estimate of $0.05. The consensus estimate for Ooma’s current full-year earnings is ($0.06) per share. B. Riley also issued estimates for Ooma’s Q4 2026 earnings at $0.07 EPS and FY2026 earnings at $0.24 EPS.

OOMA has been the topic of several other research reports. Lake Street Capital dropped their price target on shares of Ooma from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Benchmark lifted their target price on shares of Ooma from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, March 5th. One 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $17.63.

Ooma Trading Up 1.4%

NYSE:OOMA opened at $13.71 on Monday. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04. Ooma has a 12 month low of $7.83 and a 12 month high of $17.00. The company has a market cap of $377.86 million, a PE ratio of -37.05 and a beta of 1.21. The company has a 50 day simple moving average of $12.73 and a two-hundred day simple moving average of $13.78.

Institutional Trading of Ooma

Large investors have recently made changes to their positions in the business. Acadian Asset Management LLC grew its holdings in Ooma by 39.8% during the 1st quarter. Acadian Asset Management LLC now owns 943,971 shares of the technology company’s stock valued at $12,344,000 after purchasing an additional 268,636 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Ooma in the 1st quarter worth approximately $3,465,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Ooma by 284.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 253,016 shares of the technology company’s stock worth $3,557,000 after purchasing an additional 187,245 shares during the period. Millennium Management LLC lifted its position in shares of Ooma by 81.6% in the 1st quarter. Millennium Management LLC now owns 316,564 shares of the technology company’s stock worth $4,144,000 after purchasing an additional 142,220 shares during the period. Finally, Alliancebernstein L.P. lifted its position in shares of Ooma by 674.1% in the 4th quarter. Alliancebernstein L.P. now owns 128,430 shares of the technology company’s stock worth $1,806,000 after purchasing an additional 111,840 shares during the period. 80.42% of the stock is currently owned by institutional investors.

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.