Ooma, Inc. (NYSE:OOMA) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Ooma, Inc. (NYSE:OOMA) have received an average rating of “Moderate Buy” from the six analysts that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $19.00.

A number of research analysts recently issued reports on OOMA shares. B. Riley Financial restated a “buy” rating on shares of Ooma in a research note on Monday, May 18th. Lake Street Capital reissued a “buy” rating on shares of Ooma in a report on Wednesday. Citigroup restated a “market perform” rating on shares of Ooma in a research report on Wednesday. Alliance Global Partners reaffirmed a “buy” rating on shares of Ooma in a report on Wednesday. Finally, Benchmark reiterated a “buy” rating on shares of Ooma in a research report on Wednesday.

More Ooma News

Here are the key news stories impacting Ooma this week:

• Positive Sentiment: Ooma reported fiscal Q1 EPS of $0.35, beating the $0.32 consensus, while revenue rose 25% year over year to $81.1 million and also exceeded estimates. Ooma Reports Fiscal First Quarter 2027 Financial Results
• Positive Sentiment: The company raised its Q2 FY2027 outlook to EPS of $0.330-$0.340 and revenue of $81.6 million-$82.3 million, both above analyst expectations, signaling continued momentum. Ooma Earnings Call Transcript
• Positive Sentiment: Ooma also lifted FY2027 guidance to EPS of $1.290-$1.340 and revenue of $326.0 million-$328.5 million, ahead of consensus, which supports the stock’s stronger reaction. Ooma Reports Fiscal First Quarter 2027 Financial Results
• Neutral Sentiment: Earnings call transcripts and presentation materials were published after the results, but they mainly provide additional detail rather than a new catalyst. Ooma, Inc. (NYSE:OOMA) Q1 2027 Earnings Call Transcript

Ooma Stock Performance

NYSE OOMA traded up $0.91 during trading hours on Wednesday, hitting $20.18. The company had a trading volume of 224,893 shares, compared to its average volume of 236,598. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.70 and a current ratio of 0.93. Ooma has a 1-year low of $9.79 and a 1-year high of $21.96. The company has a market cap of $555.10 million, a PE ratio of 91.72 and a beta of 1.20. The business has a 50 day moving average of $16.13 and a 200-day moving average of $13.35.

Ooma (NYSE:OOMA) last posted its earnings results on Tuesday, May 26th. The technology company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03. Ooma had a return on equity of 15.60% and a net margin of 2.36%.The business had revenue of $81.15 million for the quarter, compared to analysts’ expectations of $79.84 million. Ooma has set its FY 2027 guidance at 1.290-1.340 EPS and its Q2 2027 guidance at 0.330-0.340 EPS. As a group, equities research analysts expect that Ooma will post 0.78 EPS for the current year.

Insider Buying and Selling

In other Ooma news, CFO Shigeyuki Hamamatsu sold 10,790 shares of Ooma stock in a transaction on Friday, March 6th. The shares were sold at an average price of $14.22, for a total value of $153,433.80. Following the transaction, the chief financial officer directly owned 231,128 shares in the company, valued at approximately $3,286,640.16. The trade was a 4.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On Ooma

A number of hedge funds and other institutional investors have recently made changes to their positions in OOMA. IFC & Insurance Marketing Inc. acquired a new position in Ooma in the 4th quarter valued at about $34,000. Tower Research Capital LLC TRC increased its holdings in shares of Ooma by 225.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock valued at $47,000 after purchasing an additional 2,507 shares during the period. Meeder Asset Management Inc. raised its stake in shares of Ooma by 28.3% during the first quarter. Meeder Asset Management Inc. now owns 3,359 shares of the technology company’s stock worth $49,000 after purchasing an additional 740 shares during the last quarter. CWM LLC lifted its holdings in shares of Ooma by 45.6% during the fourth quarter. CWM LLC now owns 4,400 shares of the technology company’s stock worth $52,000 after purchasing an additional 1,378 shares during the period. Finally, Royal Bank of Canada lifted its holdings in shares of Ooma by 24.1% during the fourth quarter. Royal Bank of Canada now owns 4,466 shares of the technology company’s stock worth $53,000 after purchasing an additional 867 shares during the period. Hedge funds and other institutional investors own 80.42% of the company’s stock.

Ooma Company Profile

Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.