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 twelve months. 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 $18.00 to $20.00. On average, they anticipate the company's stock price to reach $18.75 in the next year. This suggests a possible upside of 81.9% 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 2023?

Ooma's stock was trading at $13.62 at the beginning of the year. Since then, OOMA stock has decreased by 24.3% and is now trading at $10.31. View the best growth stocks for 2023 here .

When is Ooma's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024. View our OOMA earnings forecast .

How were Ooma's earnings last quarter?

Ooma, Inc. (NYSE:OOMA) announced its quarterly earnings data on Tuesday, December, 5th. The technology company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.00. The technology company had revenue of $59.86 million for the quarter, compared to analysts' expectations of $59.44 million. Ooma had a negative net margin of 1.44% and a positive trailing twelve-month return on equity of 1.44%. During the same quarter in the previous year, the company posted ($0.01) EPS.

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) raised $85 million in an IPO on Friday, July 17th 2015. The company issued 5,000,000 shares at $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch served 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 a variety of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (14.34%), Wellington Management Group LLP (4.63%), Acadian Asset Management LLC (1.49%), Herald Investment Management Ltd (1.02%), Boston Partners (0.81%) and Northern Trust Corp (0.80%). 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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. 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

Ooma Stock Price, News & Analysis (NYSE:OOMA)

$10.31

+0.23 (+2.28%)

(As of 12/8/2023 ET)

Compare

Today's Range: $10.05
▼
$10.37
50-Day Range: $10.08
▼
$12.76
52-Week Range: $10.00
▼
$15.66

Volume: 125,703 shs
Average Volume: 76,088 shs
Market Capitalization: $263.94 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $18.75

Ooma MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 81.9% Upside
$18.75 Price Target
Short Interest: Healthy
1.48% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.29
Based on 17 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 275.00%
From $0.04 to $0.15 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Computer And Technology Sector

186th out of 596 stocks

Data Processing & Preparation Industry

12th out of 43 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.
Price Target Upside/Downside
According to analysts' consensus price target of $18.75, Ooma has a forecasted upside of 81.9% from its current price of $10.31.
Amount of Analyst Coverage
Ooma has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.48% of the float of Ooma has been sold short.
Short Interest Ratio / Days to Cover
Ooma has a short interest ratio ("days to cover") of 5.9.
Change versus previous month
Short interest in Ooma has recently decreased by 4.67%, indicating that investor sentiment is improving.

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.

2.4

News and Social Media Coverage

News Sentiment
Ooma has a news sentiment score of 0.29. 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 lower news sentiment than the 0.51 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 17 news articles for Ooma this week, compared to 2 articles on an average week.
Search Interest
1 people have searched for OOMA on MarketBeat in the last 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
75.01% of the stock of Ooma is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Ooma are expected to grow by 275.00% in the coming year, from $0.04 to $0.15 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ooma is -79.31, 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 -79.31, 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 4.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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; Ooma Managed Wi-Fi, a plug-and-play enterprise-grade Wi-Fi solution; 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; Talkatone mobile app; and OnSIP, an UCaaS solutions. The company offers its products through direct sales, distributors, retailers, and resellers, as well as online. 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

December 8, 2023 | finance.yahoo.com

Ooma, Inc. (NYSE:OOMA) Q3 2024 Earnings Call Transcript

December 8, 2023 | finance.yahoo.com

Here's What Key Metrics Tell Us About Ooma (OOMA) Q3 Earnings

December 8, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

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December 7, 2023 | markets.businessinsider.com

Ooma’s Strategic Expansion and Strong Performance Reinforce Buy Rating

December 7, 2023 | finance.yahoo.com

Ooma Office Business Phone Service Now Integrates with Legal Practice Management Leader, Clio

December 7, 2023 | americanbankingnews.com

Ooma (NYSE:OOMA) Downgraded by StockNews.com to Buy

December 6, 2023 | finance.yahoo.com

Q3 2024 Ooma Inc Earnings Call

December 5, 2023 | sfgate.com

Ooma: Fiscal Q3 Earnings Snapshot

December 8, 2023 | Autonomix (Ad)

How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology

December 5, 2023 | msn.com

Ooma Non-GAAP EPS of $0.15 in-line, revenue of $59.86M beats by $0.41M

December 5, 2023 | finance.yahoo.com

Ooma Reports Fiscal Third Quarter 2024 Financial Results

December 5, 2023 | finance.yahoo.com

Ooma Inc (OOMA) Reports Growth in Revenue and Net Income for Fiscal Q3 2024

December 5, 2023 | finance.yahoo.com

Ooma (OOMA) Q3 Earnings Match Estimates

December 5, 2023 | msn.com

Ooma Q3 2024 Earnings Preview

December 4, 2023 | markets.businessinsider.com

Ooma earnings preview: what to expect

December 4, 2023 | benzinga.com

Ooma's Earnings: A Preview

December 3, 2023 | americanbankingnews.com

Ooma (OOMA) Scheduled to Post Earnings on Tuesday

December 1, 2023 | americanbankingnews.com

Equities Analysts Issue Forecasts for Ooma, Inc.'s FY2024 Earnings (NYSE:OOMA)

November 30, 2023 | americanbankingnews.com

Ooma (NYSE:OOMA) versus Core Scientific (NASDAQ:CORZ) Head to Head Contrast

November 28, 2023 | finance.yahoo.com

Ooma Adds Patented MultiPath Technology to Ooma AirDial, Allowing Uninterrupted Backup for POTS Replacement

November 21, 2023 | finance.yahoo.com

2600Hz, an Ooma Company, Wins Best White Label Solution Award from UC Today

November 16, 2023 | barrons.com

CORRECTING AND REPLACING:/ Ooma Schedules Release of Third Quarter Fiscal 2024 Results

November 15, 2023 | finance.yahoo.com

Ooma Schedules Release of Third Quarter Fiscal 2024 Results

November 14, 2023 | finance.yahoo.com

Certinia, a Leader in Professional Services Automation, Selects Ooma Enterprise for Call Centers Across the Globe

November 11, 2023 | benzinga.com

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Ooma, Inc. (NYSE: OOMA) and Encourages Investors to Contact the Firm

November 7, 2023 | finance.yahoo.com

Viking Electronics Recommends Ooma AirDial to its Customers Seeking POTS Replacement

November 6, 2023 | stocknews.com

3 Top Telecom Stock Performers to Buy in November

See More Headlines

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Company Calendar

Last Earnings: 12/05/2023
Today: 12/08/2023
Fiscal Year End: 1/31/2024
Next Earnings (Estimated): 3/07/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Data processing & preparation
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NYSE:OOMA
CUSIP: N/A
CIK: 1327688
Web: www.ooma.com
Phone: (650) 566-6600
Fax: N/A
Employees: 454
Year Founded: 2004

Price Target and Rating

Average Stock Price Target: $18.75
High Stock Price Target: $20.00
Low Stock Price Target: $18.00
Potential Upside/Downside: +83.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: N/A
Forward P/E Ratio: 255.25
P/E Growth: N/A
Net Income: $-3,650,000.00
Net Margins: -1.44%
Pretax Margin: -1.19%
Return on Equity: 1.44%
Return on Assets: 0.71%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.44
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $231.56 million
Price / Sales: 1.13
Cash Flow: $0.19 per share
Price / Cash Flow: 53.53
Book Value: $2.55 per share
Price / Book: 4.00

Miscellaneous

Outstanding Shares: 25,600,000
Free Float: 23,437,000
Market Cap: $261.38 million
Optionable: Optionable
Beta: 0.88

Social Links

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Key Executives

Mr. Eric B. Stang (Age 63)
President, CEO & Chairman
Comp: $1.2M
Mr. Shigeyuki Hamamatsu (Age 50)
VP, CFO & Treasurer
Comp: $747.03k
Ms. Namrata Sabharwal (Age 51)
Chief Accounting Officer
Comp: $554.92k
Ms. Jenny C. Yeh J.D. (Age 48)
VP, General Counsel, Corporate Secretary & Director
Comp: $602.11k
Mr. James A. Gustke (Age 61)
Vice President of Marketing
Comp: $472.37k
Mr. Tobin E. Farrand (Age 62)
Vice President of Engineering & Operations
Mr. Matthew Sewell Robison (Age 62)
Director of IR & Corporate Development
Mr. Timothy J. Sullivan (Age 67)
Vice President of Sales
Mr. Chris Burgy
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 twelve months. 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 $18.00 to $20.00. On average, they anticipate the company's stock price to reach $18.75 in the next year. This suggests a possible upside of 81.9% 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 2023?: Ooma's stock was trading at $13.62 at the beginning of the year. Since then, OOMA stock has decreased by 24.3% and is now trading at $10.31.
View the best growth stocks for 2023 here.
When is Ooma's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, March 7th 2024.
View our OOMA earnings forecast.
How were Ooma's earnings last quarter?: Ooma, Inc. (NYSE:OOMA) announced its quarterly earnings data on Tuesday, December, 5th. The technology company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.15 by $0.00. The technology company had revenue of $59.86 million for the quarter, compared to analysts' expectations of $59.44 million. Ooma had a negative net margin of 1.44% and a positive trailing twelve-month return on equity of 1.44%. During the same quarter in the previous year, the company posted ($0.01) EPS.
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) raised $85 million in an IPO on Friday, July 17th 2015. The company issued 5,000,000 shares at $16.00-$18.00 per share. Credit Suisse and BofA Merrill Lynch served 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 a variety of retail and institutional investors. Top institutional investors include Trigran Investments Inc. (14.34%), Wellington Management Group LLP (4.63%), Acadian Asset Management LLC (1.49%), Herald Investment Management Ltd (1.02%), Boston Partners (0.81%) and Northern Trust Corp (0.80%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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 12/8/2023 by MarketBeat.com Staff

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Ooma Stock Price, News & Analysis (NYSE:OOMA)

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^™