Ooma (OOMA) Projected to Post Earnings on Wednesday

Key Points

• Ooma is expected to report Q2 fiscal 2027 results after market close on August 26. Analysts forecast earnings of $0.32 per share on $81.72 million in revenue, versus company guidance of $0.33–$0.34 EPS.
• The company exceeded estimates in its previous quarter, posting $0.35 EPS and $81.15 million in revenue. Ooma’s fiscal 2027 EPS guidance is $1.29–$1.34.
• Shares opened at $20.57, near their 52-week high, while analysts maintain a “Moderate Buy” consensus and a $22.75 target price; insiders have sold roughly $2.2 million of stock over the past 90 days.

Ooma (NYSE:OOMA - Get Free Report) is projected to post its Q2 2027 results after the market closes on Wednesday, August 26th. Analysts expect the company to announce earnings of $0.32 per share and revenue of $81.7220 million for the quarter. Ooma has set its FY 2027 guidance at 1.290-1.340 EPS and its Q2 2027 guidance at 0.330-0.340 EPS. Investors can check the company's upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 5:00 PM ET.

Ooma (NYSE:OOMA - Get Free Report) last posted its earnings results on Tuesday, May 26th. The technology company reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.03. Ooma had a net margin of 3.17% and a return on equity of 20.21%. The business had revenue of $81.15 million for the quarter, compared to analyst estimates of $79.84 million. On average, analysts expect Ooma to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ooma Stock Up 2.5%

Shares of NYSE:OOMA opened at $20.57 on Wednesday. The firm has a fifty day moving average price of $19.79 and a two-hundred day moving average price of $16.66. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.94 and a quick ratio of 0.69. Ooma has a one year low of $9.79 and a one year high of $22.72. The company has a market cap of $565.78 million, a price-to-earnings ratio of 64.30 and a beta of 1.19.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Citigroup reaffirmed a "market perform" rating on shares of Ooma in a report on Wednesday, May 27th. Benchmark reissued a "buy" rating on shares of Ooma in a research note on Monday. William Blair set a $24.00 target price on Ooma in a research report on Monday. Lake Street Capital upped their target price on Ooma from $18.00 to $23.00 and gave the stock a "buy" rating in a research note on Wednesday, May 27th. Finally, UBS Group set a $24.00 price target on Ooma in a report on Wednesday, May 27th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $22.75.

Insider Transactions at Ooma

In other news, Director Russell Mann sold 20,000 shares of the firm's stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $18.35, for a total transaction of $367,000.00. Following the sale, the director owned 116,115 shares in the company, valued at approximately $2,130,710.25. This trade represents a 14.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Jenny C. Yeh sold 12,840 shares of Ooma stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $19.57, for a total transaction of $251,278.80. Following the sale, the senior vice president directly owned 264,615 shares of the company's stock, valued at $5,178,515.55. This represents a 4.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 118,652 shares of company stock worth $2,225,186. Company insiders own 9.90% of the company's stock.

Hedge Funds Weigh In On Ooma

Hedge funds and other institutional investors have recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new stake in Ooma in the 4th quarter worth approximately $34,000. Tower Research Capital LLC TRC boosted its stake in Ooma by 225.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company's stock worth $47,000 after buying an additional 2,507 shares in the last quarter. Royal Bank of Canada grew its position in Ooma by 24.1% during the fourth quarter. Royal Bank of Canada now owns 4,466 shares of the technology company's stock valued at $53,000 after acquiring an additional 867 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Ooma during the fourth quarter valued at approximately $59,000. Finally, Lazard Asset Management LLC raised its stake in shares of Ooma by 503.1% during the second quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company's stock worth $63,000 after acquiring an additional 4,110 shares in the last quarter. 80.42% of the stock is currently owned by hedge funds and other institutional investors.

About Ooma

Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.

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