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. $13.97 -0.57 (-3.92%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$13.97▼$14.5450-Day Range$13.14▼$15.3852-Week Range$10.82▼$17.66Volume70,478 shsAverage Volume56,318 shsMarket Capitalization$346.46 millionP/E RatioN/ADividend YieldN/APrice Target$21.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ooma MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside50.3% Upside$21.00 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 Sector350th out of 612 stocksData Processing & Preparation Industry38th 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 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, Ooma has a forecasted upside of 50.3% from its current price of $13.97.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 2.5 News and Social Media Coverage News SentimentOoma has a news sentiment score of 0.46. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 1 news article for Ooma this week, compared to 2 articles on an average week.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 100% 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 -107.46, 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 -107.46, 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 6.50. 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 HeadlinesJanuary 30, 2023 | stocknews.com1 of Wall Street's All-Time Favorite Stocks to BuyJanuary 16, 2023 | stocknews.comThe Most Active Stock on Wall Street to Buy This WeekFebruary 8, 2023 | Behind the Markets (Ad)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%...January 4, 2023 | stocknews.com3 Telecom Stocks Under $45 to Buy NowDecember 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)February 8, 2023 | Behind the Markets (Ad)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%...December 15, 2022 | stocknews.comInsiders Are Buying up AT&T Stock. Should You Follow Their Lead?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 FallSee 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 Earnings11/30/2022Today2/08/2023Next Earnings (Estimated)3/02/2023Fiscal 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$21.00 High Stock Price Forecast$24.00 Low Stock Price Forecast$19.00 Forecasted Upside/Downside+50.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 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 / Sales1.80 Cash Flow$0.16 per share Price / Cash Flow87.26 Book Value$2.15 per share Price / Book6.50Miscellaneous Outstanding Shares24,800,000Free Float22,704,000Market Cap$346.46 million OptionableOptionable Beta0.82 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:TCXLiveVoxNASDAQ:LVOXBrightcoveNASDAQ:BCOVSohu.comNASDAQ:SOHU8X8NYSE:EGHTView All CompetitorsInsiders & InstitutionsRussell Investments Group Ltd.Bought 14,626 shares on 2/8/2023Ownership: 0.886%State Board of Administration of Florida Retirement SystemSold 1,770 shares on 2/7/2023Ownership: 0.061%Mitsubishi UFJ Kokusai Asset Management Co. Ltd.Sold 1,485 shares on 2/7/2023Ownership: 0.009%Essex Investment Management Co. LLCBought 88,927 shares on 2/3/2023Ownership: 0.359%Castleview Partners LLCBought 4,510 shares on 2/1/2023Ownership: 0.018%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 1 hold rating and 1 buy rating 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 equities research analysts have issued twelve-month price objectives for Ooma's stock. Their OOMA share price forecasts range from $19.00 to $24.00. On average, they predict the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 47.5% 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 start of the year. Since then, OOMA stock has increased by 4.6% and is now trading at $14.24. 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) announced its quarterly earnings results on Wednesday, November, 30th. The technology company reported ($0.01) EPS for the quarter, topping 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 issued an update on its fourth quarter 2023 earnings guidance on Friday, December, 30th. The company provided earnings per share (EPS) guidance of $0.14-$0.15 for the period, compared to the consensus 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 institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (0.89%), Assenagon Asset Management S.A. (0.56%), Essex Investment Management Co. LLC (0.36%), Legato Capital Management LLC (0.13%), Allspring Global Investments Holdings LLC (0.06%) and State Board of Administration of Florida Retirement System (0.06%). 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 $14.24. How much money does Ooma make? Ooma (NYSE:OOMA) has a market capitalization of $353.15 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. 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 2/8/2023 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. 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