B. Riley Issues Positive Outlook for Ooma Earnings

Ooma, Inc. (NYSE:OOMA - Free Report) - Stock analysts at B. Riley upped their Q2 2026 EPS estimates for Ooma in a report released on Thursday, May 29th. B. Riley analyst J. Nichols now anticipates that the technology company will earn $0.06 per share for the quarter, up from their previous 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.

A number of other research firms have also weighed in on OOMA. Lake Street Capital lowered their target price on shares of Ooma from $18.00 to $17.00 and set a "buy" rating on the stock in a report on Wednesday, March 5th. Benchmark upped 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. One 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. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $17.63.

Ooma Stock Up 1.5%

Shares of NYSE OOMA traded up $0.20 during trading on Monday, hitting $13.17. 119,647 shares of the company traded hands, compared to its average volume of 123,253. The business's fifty day moving average is $12.72 and its 200 day moving average is $13.77. Ooma has a fifty-two week low of $7.83 and a fifty-two week high of $17.00. The firm has a market capitalization of $362.92 million, a price-to-earnings ratio of -35.59 and a beta of 1.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.82 and a current ratio of 1.08.

Insider Buying and Selling

In other Ooma news, CAO Namrata Sabharwal sold 3,428 shares of the company's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $13.46, for a total value of $46,140.88. Following the completion of the sale, the chief accounting officer now directly owns 80,931 shares of the company's stock, valued at approximately $1,089,331.26. This represents a 4.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 9.90% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Ooma

Institutional investors have recently added to or reduced their stakes in the company. Prudential Financial Inc. bought a new stake in Ooma in the 4th quarter worth about $363,000. Deutsche Bank AG grew its position in shares of Ooma by 95.4% during the 4th quarter. Deutsche Bank AG now owns 26,182 shares of the technology company's stock valued at $368,000 after acquiring an additional 12,780 shares during the period. D. E. Shaw & Co. Inc. grew its position in shares of Ooma by 138.2% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 75,456 shares of the technology company's stock valued at $1,061,000 after acquiring an additional 43,776 shares during the period. Northern Trust Corp grew its position in shares of Ooma by 5.4% during the 4th quarter. Northern Trust Corp now owns 215,579 shares of the technology company's stock valued at $3,031,000 after acquiring an additional 11,107 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Ooma by 284.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 253,016 shares of the technology company's stock valued at $3,557,000 after acquiring an additional 187,245 shares during the period. 80.42% of the stock is 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.