Northland Capmk Issues Positive Estimate for Ooma Earnings

Ooma, Inc. (NYSE:OOMA - Free Report) - Equities researchers at Northland Capmk lifted their Q2 2026 EPS estimates for Ooma in a research note issued to investors on Wednesday, May 28th. Northland Capmk analyst M. Latimore now forecasts that the technology company will post earnings per share of $0.06 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. Northland Capmk also issued estimates for Ooma's Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at $0.08 EPS, FY2026 earnings at $0.25 EPS and FY2027 earnings at $0.24 EPS.

A number of other brokerages have also recently issued reports on OOMA. Benchmark lifted their price objective 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. Lake Street Capital decreased their target price 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. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $17.63.

Ooma Price Performance

NYSE:OOMA traded up $0.20 during mid-day trading on Monday, reaching $13.17. The stock had a trading volume of 119,647 shares, compared to its average volume of 123,253. The stock has a 50-day simple moving average of $12.72 and a two-hundred day simple moving average of $13.77. The stock has a market capitalization of $362.92 million, a PE ratio of -35.59 and a beta of 1.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.08 and a quick ratio of 0.82. Ooma has a 12 month low of $7.83 and a 12 month high of $17.00.

Insider Buying and Selling

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

Institutional Trading of Ooma

Several institutional investors have recently modified their holdings of OOMA. Quantbot Technologies LP bought a new stake in shares of Ooma in the fourth quarter worth $92,000. EntryPoint Capital LLC acquired a new position in Ooma in the fourth quarter valued at $153,000. Invesco Ltd. acquired a new position in Ooma in the first quarter valued at $161,000. Oxford Asset Management LLP acquired a new position in Ooma in the fourth quarter valued at $168,000. Finally, SG Americas Securities LLC lifted its holdings in Ooma by 26.4% in the fourth quarter. SG Americas Securities LLC now owns 12,768 shares of the technology company's stock valued at $180,000 after buying an additional 2,663 shares during the period. Institutional investors own 80.42% 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.