OomaOOMA
About: Ooma Inc is a communications services company. It is a smart software-as-a-service ("SaaS") and unified communications platform that deliver voice and collaboration features including messaging, intelligent virtual attendants and video conferencing, and residential phone service provides PureVoice high-definition voice quality, advanced functionality and integration with mobile devices. Its services rely upon the following main elements: multi-tenant cloud service, on-premise devices, desktop and mobile applications, and calling platforms. Ooma generates revenues from the sale of subscriptions and other services.
Employees: 1,221
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
65% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 17
58% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 26
11% more funds holding
Funds holding: 104 [Q2] → 115 (+11) [Q3]
10% more capital invested
Capital invested by funds: $197M [Q2] → $217M (+$20.4M) [Q3]
3.86% less ownership
Funds ownership: 75.02% [Q2] → 71.16% (-3.86%) [Q3]
60% less call options, than puts
Call options by funds: $106K | Put options by funds: $263K
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Lake Street Eric Martinuzzi 69% 1-year accuracy 11 / 16 met price target | 21%upside $18 | Buy Maintained | 5 Dec 2024 |
Northland Capital Markets Michael Latimore 65% 1-year accuracy 13 / 20 met price target | 21%upside $18 | Outperform Maintained | 5 Dec 2024 |
Benchmark Matthew Harrigan 68% 1-year accuracy 42 / 62 met price target | 14%upside $17 | Buy Maintained | 3 Dec 2024 |
B. Riley Securities Josh Nichols 57% 1-year accuracy 8 / 14 met price target | 4%upside $15.50 | Buy Maintained | 25 Nov 2024 |
Financial journalist opinion
Based on 7 articles about OOMA published over the past 30 days