NYSE:OOMA Ooma (OOMA) Stock Forecast, Price & News $13.13 -0.37 (-2.74%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$12.95▼$13.3850-Day Range$11.81▼$13.5952-Week Range$10.82▼$16.76Volume148,702 shsAverage Volume144,217 shsMarket Capitalization$332.44 millionP/E RatioN/ADividend YieldN/APrice Target$18.67 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ooma MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside42.2% Upside$18.67 Price TargetShort InterestBearish1.87% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth700.00%From $0.02 to $0.16 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.24 out of 5 starsComputer And Technology Sector235th out of 609 stocksData Processing & Preparation Industry19th out of 64 stocks 3.5 Analyst's Opinion Consensus RatingOoma has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $18.67, Ooma has a forecasted upside of 42.2% from its current price of $13.13.Amount of Analyst CoverageOoma has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.87% of the float of Ooma has been sold short.Short Interest Ratio / Days to CoverOoma has a short interest ratio ("days to cover") of 4.4.Change versus previous monthShort interest in Ooma has recently increased by 1.68%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldOoma does not currently pay a dividend.Dividend GrowthOoma does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for OOMA. Previous Next N/A News and Social Media Coverage Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Ooma insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 9.05% of the stock of Ooma is held by insiders.Percentage Held by Institutions80.09% of the stock of Ooma is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Ooma are expected to grow by 700.00% in the coming year, from $0.02 to $0.16 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ooma is -101.00, 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. SectorThe P/E ratio of Ooma is -101.00, 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 RatioOoma has a P/B Ratio of 5.15. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Ooma (NYSE:OOMA) StockOoma, Inc. engages in the provision of platforms for cloud-based communications solutions, smart security and other connected services. It helps create smart workplaces and homes by providing communications, monitoring, security, automation, productivity, and networking infrastructure applications. Its products and services include Ooma business and Ooma residential. Ooma business offers small business phone services and enterprise communications. Ooma residential deals with phone services and smart security, and the Talkatone mobile app. The company was founded by Andrew Frame, Dennis Peng and Michael Cerda on November 19, 2003 and is headquartered in Sunnyvale, CA.Read More Receive OOMA Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Ooma and its competitors with MarketBeat's FREE daily newsletter. Email Address OOMA Stock News HeadlinesMay 26, 2023 | americanbankingnews.comAlliance Global Partners Cuts Ooma (NYSE:OOMA) Price Target to $18.00May 25, 2023 | msn.comJMP Securities Maintains Ooma (OOMA) Market Outperform RecommendationJune 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 25, 2023 | americanbankingnews.comOoma (NYSE:OOMA) Price Target Cut to $20.00 by Analysts at BenchmarkMay 24, 2023 | markets.businessinsider.comExpert Ratings for OomaMay 24, 2023 | msn.comAlliance Global Partners Maintains Ooma (OOMA) Buy RecommendationMay 24, 2023 | finance.yahoo.comQ1 2024 Ooma Inc Earnings CallMay 24, 2023 | markets.businessinsider.comJMP Securities Keeps Their Buy Rating on Ooma (OOMA)June 3, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 23, 2023 | seekingalpha.comOoma Non-GAAP EPS of $0.16 beats by $0.02, revenue of $56.85M beats by $0.35MMay 23, 2023 | finance.yahoo.comOoma (OOMA) Q1 Earnings and Revenues Top EstimatesMay 23, 2023 | finance.yahoo.comOoma Reports Fiscal First Quarter 2024 Financial ResultsMay 23, 2023 | msn.comBenchmark Maintains Ooma (OOMA) Buy RecommendationMay 22, 2023 | benzinga.comEarnings Preview For OomaMay 22, 2023 | markets.businessinsider.comOoma is about to announce its earnings — here's what Wall Street expectsMay 22, 2023 | finance.yahoo.comOoma and NexHealth Partner to Help Dental Practices Make Patient Phone Calls More PersonalMay 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Ooma (NYSE:OOMA)May 17, 2023 | tmcnet.comOOMA: VoIP for Business is Still the Best ChoiceMay 16, 2023 | finance.yahoo.comOoma to Attend the 43rd Annual William Blair Growth Stock ConferenceMay 15, 2023 | finance.yahoo.comOoma, Inc. (NYSE:OOMA): Are Analysts Optimistic?May 11, 2023 | finance.yahoo.comOoma to Attend the B. Riley Securities 23rd Annual Institutional Investors ConferenceMay 10, 2023 | tmcnet.comOoma Office Enhances Business Phone Service with New Advanced CapabilitiesMay 9, 2023 | finance.yahoo.comOoma Schedules Release of First Quarter Fiscal 2024 ResultsMay 9, 2023 | finance.yahoo.comOoma Office Extends Its Leadership in Business Phone Service with New Advanced Capabilities Including Call Screening and Distinctive RingtonesApril 25, 2023 | finance.yahoo.comOoma AirDial, the Innovative POTS Replacement Solution, Adds Powerful Management Features Including API IntegrationApril 18, 2023 | entrepreneur.comIs This the No. 1 Telecom Stock to Own in April?April 18, 2023 | finance.yahoo.comCautious Investors Not Rewarding Ooma, Inc.'s (NYSE:OOMA) Performance CompletelySee More Headlines OOMA Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart OOMA Company Calendar Last Earnings12/02/2021Today6/03/2023Next Earnings (Estimated)9/07/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Data processing & preparation Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:OOMA CUSIPN/A CIK1327688 Webwww.ooma.com Phone(650) 566-6600FaxN/AEmployees383Year Founded2004Price Target and Rating Average Stock Price Forecast$18.67 High Stock Price Forecast$20.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+42.2%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.13) Trailing P/E RatioN/A Forward P/E Ratio656.50 P/E GrowthN/ANet Income$-3,650,000.00 Net Margins-1.44% Pretax Margin-2.51% Return on Equity0.48% Return on Assets0.23% Debt Debt-to-Equity RatioN/A Current Ratio1.30 Quick Ratio0.84 Sales & Book Value Annual Sales$222.68 million Price / Sales1.49 Cash Flow$0.22 per share Price / Cash Flow60.93 Book Value$2.55 per share Price / Book5.15Miscellaneous Outstanding Shares25,319,000Free Float23,028,000Market Cap$332.44 million OptionableOptionable Beta0.84 Social Links Key ExecutivesEric B. StangChairman, President & Chief Executive OfficerToby FarrandVice President-Operations & EngineeringShigeyuki HamamatsuChief Financial Officer, Treasurer & VPJenny C. YehSecretary, Director, VP & General CounselDennis PengVice President-Product ManagementKey CompetitorsTucowsNASDAQ:TCXInnodataNASDAQ:INODSohu.comNASDAQ:SOHUtrivagoNASDAQ:TRVGLiveVoxNASDAQ:LVOXView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Sold 5,452 shares on 5/18/2023Ownership: 1.316%State Street CorpBought 8,761 shares on 5/16/2023Ownership: 1.754%Geode Capital Management LLCBought 14,294 shares on 5/16/2023Ownership: 1.677%Susquehanna International Group LLPBought 10,511 shares on 5/16/2023Ownership: 0.042%Two Sigma Advisers LPSold 800 shares on 5/15/2023Ownership: 0.368%View All Institutional Transactions OOMA Stock - Frequently Asked Questions Should I buy or sell Ooma stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last year. There are currently 2 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 forecast for 2023? 2 brokerages have issued 1-year price targets for Ooma's stock. Their OOMA share price forecasts range from $18.00 to $20.00. On average, they anticipate the company's stock price to reach $18.67 in the next year. This suggests a possible upside of 42.2% 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 on January 1st, 2023. Since then, OOMA shares have decreased by 3.6% and is now trading at $13.13. 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, September 7th 2023. View our OOMA earnings forecast. How were Ooma's earnings last quarter? Ooma, Inc. (NYSE:OOMA) issued its earnings results on Thursday, December, 2nd. The technology company reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. The technology company earned $49.20 million during the quarter, compared to analyst estimates of $48.03 million. Ooma had a positive trailing twelve-month return on equity of 0.48% and a negative net margin of 1.44%. The business's revenue was up 14.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.01) EPS. What guidance has Ooma issued on next quarter's earnings? Ooma issued an update on its FY 2024 earnings guidance on Friday, May, 26th. The company provided earnings per share (EPS) guidance of $0.55-$0.63 for the period, compared to the consensus earnings per share estimate of $0.59. The company issued revenue guidance of $235.50 million-$238.50 million, compared to the consensus revenue estimate of $236.26 million. 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 initial public offering (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. What is Ooma's stock symbol? Ooma trades on the New York Stock Exchange (NYSE) under the ticker symbol "OOMA." Who are Ooma's major shareholders? Ooma's stock is owned by many different institutional and retail investors. Top institutional shareholders include Trigran Investments Inc. (13.33%), BlackRock Inc. (12.01%), Wellington Management Group LLP (4.29%), Renaissance Technologies LLC (3.26%), Royce & Associates LP (2.82%) and Russell Investments Group Ltd. (1.88%). Insiders that own company stock include Eric B Stang, James A Gustke, Jenny C Yeh, Ravi Narula and Russell Mann. 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. What is Ooma's stock price today? One share of OOMA stock can currently be purchased for approximately $13.13. How much money does Ooma make? Ooma (NYSE:OOMA) has a market capitalization of $332.44 million and generates $222.68 million in revenue each year. The technology company earns $-3,650,000.00 in net income (profit) each year or ($0.13) on an earnings per share basis. How many employees does Ooma have? The company employs 383 workers across the globe. 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 How can I contact Ooma? Ooma's mailing address is 525 ALMANOR AVENUE SUITE 200, SUNNYVALE CA, 94085. The official website for the company is www.ooma.com. The technology company can be reached via phone at (650) 566-6600 or via email at ir@ooma.com. This page (NYSE:OOMA) was last updated on 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Ooma, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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