NYSE:OOMA Ooma - OOMA Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $14.52 -0.02 (-0.14%) (As of 01/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$14.36▼$14.5650-Day Range$13.14▼$15.8552-Week Range$10.82▼$18.32Volume20,729 shsAverage Volume57,142 shsMarket Capitalization$360.10 millionP/E RatioN/ADividend YieldN/APrice Target$21.80 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ooma MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside50.1% Upside$21.80 Price TargetShort InterestHealthy2.95% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.04) to $0.03 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.2.02 out of 5 starsComputer And Technology Sector376th out of 635 stocksData Processing & Preparation Industry39th out of 72 stocks 3.3 Analyst's Opinion Consensus RatingOoma has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.80, Ooma has a forecasted upside of 50.1% from its current price of $14.52.Amount of Analyst CoverageOoma has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.95% of the float of Ooma has been sold short.Short Interest Ratio / Days to CoverOoma has a short interest ratio ("days to cover") of 8.6.Change versus previous monthShort interest in Ooma has recently decreased by 3.72%, indicating that investor sentiment is improving. 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 2.3 News and Social Media Coverage News SentimentOoma has a news sentiment score of 0.14. 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 0.54 average news sentiment score of Computer and Technology companies.Search Interest6 people have searched for OOMA on MarketBeat in the last 30 days. MarketBeat Follows4 people have added Ooma to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. 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 8.45% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Ooma are expected to grow in the coming year, from ($0.04) to $0.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ooma is -111.69, 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 -111.69, 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 6.75. 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. 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 Office Pro, which offers various services, including HD video meetings, call recording, enhanced call blocking, and voicemail transcription; 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 solution. It also provides Ooma AirDial, a plain old telephone service; Ooma Telo basic that provides unlimited personal calling within the United States; Ooma Premier, a suite of advanced calling features on a monthly or annual subscription basis; PureVoice HD, a residential phone services; Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; and Ooma Telo 4G, which combines the Ooma Telo base station with the Ooma 4G Cellular Adapter and battery back-up. In addition, the company offers the Ooma Mobile HD app that allows users to make and receive phone calls and access Ooma features and settings; Ooma Telo Air, a wireless Ooma Telo with built-in Wi-Fi and Bluetooth; Ooma Smart Security, a security and monitoring platform; and Talkatone mobile app. It 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.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 HeadlinesJanuary 16, 2023 | stocknews.comThe Most Active Stock on Wall Street to Buy This WeekJanuary 4, 2023 | stocknews.com3 Telecom Stocks Under $45 to Buy NowJanuary 29, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 30, 2022 | stocknews.comIs AT&T Stock a Buy Under $20?December 29, 2022 | finance.yahoo.comOoma (NYSE:OOMA) shareholders have endured a 35% loss from investing in the stock a year agoDecember 22, 2022 | stocknews.com2 Telecom Stock to Buy for Under $20 This WeekDecember 21, 2022 | finance.yahoo.comDown 12.2% in 4 Weeks, Here's Why You Should You Buy the Dip in Ooma (OOMA)December 15, 2022 | stocknews.comInsiders Are Buying up AT&T Stock. Should You Follow Their Lead?January 29, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 8, 2022 | stocknews.comThe No. 1 Stock on Wall Street to Buy Right NowDecember 7, 2022 | finance.yahoo.comOoma, Inc. (NYSE:OOMA) Q3 2023 Earnings Call TranscriptDecember 2, 2022 | finance.yahoo.comOoma Third Quarter 2023 Earnings: Revenues Beat Expectations, EPS LagsDecember 1, 2022 | stocknews.com1 Telecom Stock That's Too Cheap to Pass up Right NowNovember 29, 2022 | finance.yahoo.comT-Mobile for Business is Now Selling Ooma AirDial, An Innovative Solution for POTS Replacement, As Part of Its Internet of Things PortfolioNovember 22, 2022 | stocknews.comThe Most Popular Wall Street Stock to Buy Right NowNovember 16, 2022 | finance.yahoo.comLoss-Making Ooma, Inc. (NYSE:OOMA) Expected To Breakeven In The Medium-TermNovember 10, 2022 | stocknews.com1 Passive Income Machine to Buy Till the End of 2022November 9, 2022 | finance.yahoo.comOoma Schedules Release of Third Quarter Fiscal 2023 ResultsNovember 8, 2022 | finance.yahoo.comOoma AirDial POTS Replacement Solution Wins 2022 TMC Labs Internet Telephony Innovation AwardNovember 4, 2022 | stocknews.comThis Telecom Stock Is Generating Stable Growth in Q4November 4, 2022 | stocknews.com1 Dividend Stock That's Worthy of Your Attention in Q4November 3, 2022 | finance.yahoo.comInc. Names Ooma an Inaugural Power PartnerOctober 28, 2022 | ca.finance.yahoo.comMonolithic Power (MPWR) Surpasses Q3 Earnings EstimatesOctober 28, 2022 | nasdaq.comIntel (INTC) Beats on Q3 Earnings Despite Lower RevenuesOctober 26, 2022 | msn.comClassic FM to play soothing music for pets on Bonfire NightOctober 19, 2022 | stocknews.com4 Telecom Stocks to Pick up This FallOctober 17, 2022 | nasdaq.comWall Street Analysts See a 56% Upside in Ooma (OOMA): Can the Stock Really Move This High? - NasdaqSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/30/2022Today1/29/2023Fiscal Year End1/31/2023Next Earnings (Estimated)3/02/2023Get 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 FoundedN/APrice Target and Rating Average Stock Price Forecast$21.80 High Stock Price Forecast$25.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+50.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.13) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-1,750,000.00 Net Margins-1.59% Pretax Margin-2.48% Return on Equity-1.55% Return on Assets-0.74% Debt Debt-to-Equity RatioN/A Current Ratio1.26 Quick Ratio0.85 Sales & Book Value Annual Sales$192.29 million Price / Sales1.87 Cash Flow$0.17 per share Price / Cash Flow86.96 Book Value$2.15 per share Price / Book6.75Miscellaneous Outstanding Shares24,800,000Free Float22,704,000Market Cap$360.10 million OptionableOptionable Beta0.77 Key ExecutivesMr. Eric B. Stang (Age 63)Pres, CEO & Chairman Comp: $1.33MMr. Shigeyuki Hamamatsu (Age 50)VP, CFO & Treasurer Comp: $631.95kMs. Jenny C. Yeh J.D. (Age 48)VP, Gen. Counsel, Corp. Sec. & Director Comp: $503.32kMr. James A. Gustke (Age 61)VP of Marketing Comp: $461.71kMr. Tobin E. Farrand (Age 62)VP of Engineering & Operations Ms. Namrata Sabharwal (Age 52)Chief Accounting Officer Mr. Matthew Sewell Robison (Age 62)Director of IR & Corp. Devel. Mr. Timothy J. Sullivan (Age 67)VP of Sales Mr. Chris BurgyVP of Corp. Devel.Mr. Dennis C. Peng (Age 50)VP of Product Management More ExecutivesKey CompetitorsTucowsNASDAQ:TCXLiveVoxNASDAQ:LVOXBrightcoveNASDAQ:BCOV8X8NYSE:EGHTSohu.comNASDAQ:SOHUView All CompetitorsInsiders & InstitutionsMerrion Investment Management Co LLCBought 12,578 shares on 1/24/2023Ownership: 0.051%National Bank of Canada FIBought 1,986 shares on 1/24/2023Ownership: 0.008%Allspring Global Investments Holdings LLCBought 11,409 shares on 1/23/2023Ownership: 0.062%Assenagon Asset Management S.A.Sold 865 shares on 1/12/2023Ownership: 0.563%Bank of New York Mellon CorpBought 7,877 shares on 12/8/2022Ownership: 0.448%View All Institutional Transactions OOMA Stock - Frequently Asked Questions Should I buy or sell Ooma stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street 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? 3 brokerages have issued twelve-month target prices for Ooma's shares. Their OOMA share price forecasts range from $19.00 to $25.00. On average, they anticipate the company's stock price to reach $21.80 in the next year. This suggests a possible upside of 50.1% 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 stock has increased by 6.6% and is now trading at $14.52. 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 2nd 2023. View our OOMA earnings forecast. How were Ooma's earnings last quarter? Ooma, Inc. (NYSE:OOMA) posted its quarterly earnings data on Wednesday, November, 30th. The technology company reported ($0.01) earnings per share for the quarter, beating analysts' consensus estimates of ($0.02) by $0.01. The technology company had revenue of $56.68 million for the quarter, compared to the consensus estimate of $56.20 million. Ooma had a negative trailing twelve-month return on equity of 1.55% and a negative net margin of 1.59%. What guidance has Ooma issued on next quarter's earnings? Ooma updated its fourth quarter 2023 earnings guidance on Friday, December, 30th. The company provided earnings per share guidance of $0.14-$0.15 for the period, compared to the consensus earnings per share estimate of $0.11. The company issued revenue guidance of $56.30 million-$56.60 million, compared to the consensus revenue estimate of $57.53 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 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 acted 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 a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.56%), Allspring Global Investments Holdings LLC (0.06%), Merrion Investment Management Co LLC (0.05%) and National Bank of Canada FI (0.01%). 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 $14.52. How much money does Ooma make? Ooma (NYSE:OOMA) has a market capitalization of $360.10 million and generates $192.29 million in revenue each year. The technology company earns $-1,750,000.00 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. 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 1/29/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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