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. $12.51 +0.09 (+0.72%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$12.26▼$12.5350-Day Range$11.95▼$15.2252-Week Range$10.82▼$16.76Volume29,405 shsAverage Volume89,237 shsMarket Capitalization$310.25 millionP/E RatioN/ADividend YieldN/APrice Target$20.25 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Ooma MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside61.9% Upside$20.25 Price TargetShort InterestHealthy1.79% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.17Based on 4 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.02) to $0.08 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.2.19 out of 5 starsComputer And Technology Sector448th out of 614 stocksData Processing & Preparation Industry44th out of 71 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 $20.25, Ooma has a forecasted upside of 61.9% from its current price of $12.51.Amount of Analyst CoverageOoma has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.79% of the float of Ooma has been sold short.Short Interest Ratio / Days to CoverOoma has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Ooma has recently decreased by 37.19%, indicating that investor sentiment is improving significantly. 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 0.17. 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 0.50 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Ooma this week, compared to 2 articles on an average week.Search Interest7 people have searched for OOMA on MarketBeat in the last 30 days. MarketBeat FollowsOnly 2 people have added Ooma to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 ($0.02) to $0.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Ooma is -83.40, 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 -83.40, 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 5.82. 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 HeadlinesMarch 24, 2023 | marketwatch.comSmall Business Phone Systems Market Premium Research Report Forecast 2023 To 2029March 21, 2023 | marketwatch.comVoIP Phone Market Outlook to 2028March 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 21, 2023 | americanbankingnews.comOoma (NYSE:OOMA) vs. Auddia (NASDAQ:AUUD) Financial SurveyMarch 13, 2023 | finance.yahoo.comPCMag Readers Select Ooma Office as the Best Business VoIP Phone Service for the 10th Straight YearMarch 13, 2023 | finance.yahoo.comOoma, Inc. (NYSE:OOMA) is favoured by institutional owners who hold 63% of the companyMarch 3, 2023 | finance.yahoo.comQ4 2023 Ooma Inc Earnings CallMarch 2, 2023 | finance.yahoo.comOoma Reports Fourth Quarter and Fiscal Year 2023 Financial ResultsMarch 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …February 28, 2023 | marketwatch.comVoIP Phone Systems Market Research Report-Forecast 2023 to 2029February 27, 2023 | marketwatch.comSmall Business Phone Systems Market 2023 | Global Industry Report Forecast 2029February 22, 2023 | marketwatch.comBusiness Phone System Market Growth, Business Overview and Forecast to 2028February 21, 2023 | finance.yahoo.comOoma to Attend the William Blair 7th Annual Tech Innovators ConferenceFebruary 21, 2023 | marketwatch.comBusiness Phone Systems Market (New Insights Report) By 2023 which is Booming Strong Growth in the Globe till 2028February 20, 2023 | marketwatch.comBusiness Phone Systems Market Size In 2023 : Emerging Technologies, Opportunity and Forecast to 2028February 12, 2023 | msn.comSen. Chuck Schumer says the US believes that unknown aerial objects shot down over North America are balloonsJanuary 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 WeekJanuary 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)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 LagsSee 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 Earnings3/02/2023Today3/27/2023Next Earnings (Estimated)5/23/2023Fiscal 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$20.25 High Stock Price Forecast$24.00 Low Stock Price Forecast$18.00 Forecasted Upside/Downside+61.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.15) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-3,650,000.00 Net Margins-1.69% Pretax Margin-2.48% Return on Equity-0.98% Return on Assets-0.47% Debt Debt-to-Equity RatioN/A Current Ratio1.26 Quick Ratio0.85 Sales & Book Value Annual Sales$216.16 million Price / Sales1.44 Cash Flow$0.17 per share Price / Cash Flow74.38 Book Value$2.15 per share Price / Book5.82Miscellaneous Outstanding Shares24,800,000Free Float22,704,000Market Cap$310.25 million OptionableOptionable Beta0.85 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 CompetitorsLiveVoxNASDAQ:LVOXTucowsNASDAQ:TCXInnodataNASDAQ:INODBrightcoveNASDAQ:BCOV8X8NYSE:EGHTView All CompetitorsInstitutional OwnershipVoya Investment Management LLCBought 7,827 shares on 2/28/2023Ownership: 0.107%Alliancebernstein L.P.Bought 2,400 shares on 2/16/2023Ownership: 0.069%Algert Global LLCSold 9,240 shares on 2/15/2023Ownership: 0.106%Man Group plcBought 10,400 shares on 2/15/2023Ownership: 0.042%AQR Capital Management LLCSold 1,388 shares on 2/15/2023Ownership: 0.041%View All Institutional Transactions OOMA Stock - Frequently Asked Questions Should I buy or sell Ooma stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last twelve months. There are currently 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? 2 Wall Street analysts have issued 12 month price objectives for Ooma's shares. Their OOMA share price forecasts range from $18.00 to $24.00. On average, they expect the company's share price to reach $20.25 in the next twelve months. This suggests a possible upside of 61.9% 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 shares have decreased by 8.1% and is now trading at $12.51. View the best growth stocks for 2023 here. Are investors shorting Ooma? Ooma saw a decrease in short interest in March. As of March 15th, there was short interest totaling 397,100 shares, a decrease of 37.2% from the February 28th total of 632,200 shares. Based on an average trading volume of 75,900 shares, the short-interest ratio is presently 5.2 days. Approximately 1.8% of the company's stock are short sold. View Ooma's Short Interest. When is Ooma's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 23rd 2023. View our OOMA earnings forecast. How were Ooma's earnings last quarter? Ooma, Inc. (NYSE:OOMA) issued its earnings results on Thursday, March, 2nd. The technology company reported $0.02 EPS for the quarter. The technology company earned $56.50 million during the quarter, compared to analysts' expectations of $56.40 million. Ooma had a negative net margin of 1.69% and a negative trailing twelve-month return on equity of 0.98%. What guidance has Ooma issued on next quarter's earnings? Ooma issued an update on its first quarter 2023 earnings guidance on Thursday, March, 2nd. The company provided EPS guidance of $0.13-$0.14 for the period, compared to the consensus earnings per share estimate of $0.13. The company issued revenue guidance of $56.40 million-$56.90 million, compared to the consensus revenue estimate of $57.02 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 on Friday, July 17th 2015. The company issued 5,000,000 shares at a price of $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 a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (3.13%), Lord Abbett & CO. LLC (1.97%), Geode Capital Management LLC (1.65%), JPMorgan Chase & Co. (1.37%), Dimensional Fund Advisors LP (1.24%) and Morgan Stanley (1.18%). 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 $12.51. How much money does Ooma make? Ooma (NYSE:OOMA) has a market capitalization of $310.25 million and generates $216.16 million in revenue each year. The technology company earns $-3,650,000.00 in net income (profit) each year or ($0.15) 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 3/28/2023 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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