Brokers Offer Predictions for Ooma’s Q4 Earnings (NYSE:OOMA)

Ooma, Inc. (NYSE:OOMA) – Investment analysts at B. Riley issued their Q4 2026 EPS estimates for shares of Ooma in a report released on Wednesday, March 5th. B. Riley analyst J. Nichols forecasts that the technology company will post earnings of $0.08 per share for the quarter. B. Riley has a “Buy” rating and a $15.50 price objective on the stock. The consensus estimate for Ooma’s current full-year earnings is ($0.06) per share. B. Riley also issued estimates for Ooma’s FY2027 earnings at $0.34 EPS.

A number of other analysts have also commented on OOMA. Lake Street Capital decreased their price target on shares of Ooma from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday. Benchmark boosted their price target on shares of Ooma from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday. Northland Securities boosted their price target on shares of Ooma from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Thursday, December 5th. Finally, StockNews.com upgraded shares of Ooma from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $17.63.

Ooma Stock Performance

Shares of OOMA stock opened at $14.03 on Friday. The firm has a market capitalization of $378.76 million, a PE ratio of -37.91 and a beta of 0.96. The firm has a fifty day simple moving average of $14.39 and a two-hundred day simple moving average of $13.08. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04. Ooma has a 12 month low of $6.50 and a 12 month high of $17.00.

Hedge Funds Weigh In On Ooma

A number of hedge funds and other institutional investors have recently made changes to their positions in OOMA. State Street Corp lifted its holdings in Ooma by 2.9% during the third quarter. State Street Corp now owns 475,737 shares of the technology company’s stock valued at $5,419,000 after purchasing an additional 13,240 shares during the last quarter. Walleye Capital LLC lifted its holdings in Ooma by 101.6% during the third quarter. Walleye Capital LLC now owns 55,029 shares of the technology company’s stock valued at $627,000 after purchasing an additional 27,727 shares during the last quarter. Inspire Investing LLC purchased a new stake in Ooma during the fourth quarter valued at about $802,000. Barclays PLC lifted its holdings in Ooma by 32.7% during the third quarter. Barclays PLC now owns 98,964 shares of the technology company’s stock valued at $1,128,000 after purchasing an additional 24,402 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Ooma by 69.1% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 163,212 shares of the technology company’s stock valued at $1,859,000 after purchasing an additional 66,678 shares during the last quarter. 80.42% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ooma

In related news, CEO Eric B. Stang sold 39,458 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $15.24, for a total value of $601,339.92. Following the transaction, the chief executive officer now directly owns 1,275,183 shares of the company’s stock, valued at approximately $19,433,788.92. The trade was a 3.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andrew H. Galligan sold 14,824 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $14.56, for a total transaction of $215,837.44. Following the completion of the transaction, the director now directly owns 241,932 shares in the company, valued at $3,522,529.92. This trade represents a 5.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 93,295 shares of company stock worth $1,422,380 in the last quarter. 9.76% of the stock is currently owned by corporate insiders.

Ooma Company Profile

Ooma, 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 Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.