NYSE:OOMA - Ooma Stock Price, Forecast & News

Ooma trades on the New York Stock Exchange (NYSE) under the ticker symbol "OOMA."

Ooma Inc (NYSE:OOMA) released its earnings results on Thursday, November, 21st. The technology company reported $0.01 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.21) by $0.22. The technology company had revenue of $39.60 million for the quarter, compared to the consensus estimate of $38.39 million. Ooma had a negative return on equity of 48.71% and a negative net margin of 13.73%. The firm's revenue for the quarter was up 21.5% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.03) earnings per share. View Ooma's Earnings History.

Ooma is scheduled to release their next quarterly earnings announcement on Thursday, March 5th 2020. View Earnings Estimates for Ooma.

Ooma will be holding an earnings conference call on Thursday, March 5th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ooma issued an update on its fourth quarter 2020 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of $$0.00-0.02 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $$-0.07. The company issued revenue guidance of $$39.6-40.3 million, compared to the consensus revenue estimate of $$39.03 million.

7 brokers have issued 1-year target prices for Ooma's stock. Their forecasts range from $15.00 to $20.50. On average, they expect Ooma's stock price to reach $18.63 in the next year. This suggests a possible upside of 35.7% from the stock's current price. View Analyst Price Targets for Ooma.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ooma in the last year. There are currently 2 sell ratings, 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Ooma.

News stories about OOMA stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Ooma earned a daily sentiment score of -2.3 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ooma.

Some companies that are related to Ooma include Bitauto (BITA), Upwork (UPWK), Trivago (TRVG), Carbonite (CARB), Cars.com (CARS), Tucows (TCX), Liberty Tripadvisor Holdings Inc Series A (LTRPA), ZIX (ZIXI), Sohu.com (SOHU), CooTek (Cayman) (CTK), Brightcove (BCOV), GTY Technology (GTYH), Fang (SFUN), NantHealth (NH) and Castlight Health (CSLT).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ooma investors own include Applied Materials (AMAT), Ford Motor (F), Amgen (AMGN), PepsiCo (PEP), Energy Transfer LP Unit (ET), General Motors (GM), 3M (MMM), AT&T (T), Costco Wholesale (COST) and FireEye (FEYE).

(OOMA) raised $85 million in an initial public offering 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.

Ooma's stock is owned by many different of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (7.71%), Renaissance Technologies LLC (4.56%), Royce & Associates LP (2.50%), State Street Corp (1.72%), Geode Capital Management LLC (1.15%) and Jacobs Levy Equity Management Inc. (0.68%). Company insiders that own Ooma stock include Andrew H Galligan, Eric B Stang, James A Gustke, Jenny C Yeh, Ravi Narula, Russell Mann and Spencer D Jackson. View Institutional Ownership Trends for Ooma.

OOMA stock was sold by a variety of institutional investors in the last quarter, including Boston Partners, Perritt Capital Management Inc., Strs Ohio, Blair William & Co. IL, Spark Investment Management LLC, Goldman Sachs Group Inc., Landscape Capital Management L.L.C. and Royce & Associates LP. Company insiders that have sold Ooma company stock in the last year include Andrew H Galligan, Eric B Stang, James A Gustke, Jenny C Yeh, Ravi Narula and Russell Mann. View Insider Buying and Selling for Ooma.

OOMA stock was purchased by a variety of institutional investors in the last quarter, including Oxford Asset Management LLP, State Street Corp, Victory Capital Management Inc., Acadian Asset Management LLC, Jacobs Levy Equity Management Inc., Russell Investments Group Ltd., Victory Capital Management Inc. and Renaissance Technologies LLC. View Insider Buying and Selling for Ooma.

Shares of OOMA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of OOMA stock can currently be purchased for approximately $13.73.

Ooma has a market capitalization of $297.94 million and generates $129.23 million in revenue each year. The technology company earns $-14,570,000.00 in net income (profit) each year or ($0.69) on an earnings per share basis. Ooma employs 684 workers across the globe.View Additional Information About Ooma.

The official website for Ooma is http://www.ooma.com/.

Ooma's mailing address is 525 ALMANOR AVENUE SUITE 200, SUNNYVALE CA, 94085. The technology company can be reached via phone at 650-566-6600 or via email at [email protected]