Ooma
OOMA

$10.42

1.26%

Market Cap: 275M

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

Information Technology Computer Processing & Data Preparation

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 4 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

0.19% more ownership

Funds ownership: 74.52% [Q4 2023] → 74.71% (+0.19%) [Q1 2024]

6% less funds holding

Funds holding: 101 [Q4 2023] → 95 (-6) [Q1 2024]

20% less capital invested

Capital invested by funds: $206M [Q4 2023] → $164M (-$41.8M) [Q1 2024]

37% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 41

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

98% less call options, than puts

Call options by funds: $6K | Put options by funds: $321K

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

See Fund Rankings

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$14

34%

upside

Avg. target

$14.50

39%

upside

High target

$15

44%

upside

4 analyst ratings

4 positive

100%

0 neutral

0%

0 negative

0%

Lake Street	34%upside $14	Buy Initiated	17 Jun 2024
Benchmark Matthew Harrigan	44%upside $15	Buy Maintained	13 Mar 2024
B. Riley Securities Josh Nichols	39%upside $14.5	Buy Reiterated	6 Mar 2024
Alliance Global Partners Brian Kinstlinger	39%upside $14.5	Buy Maintained	6 Mar 2024

See Analyst Rankings

Financial journalist opinion

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Ooma, Inc. (NYSE: OOMA)

NEW YORK , June 25, 2024 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Ooma, Inc. (NYSE: OOMA) concerning possible breaches of fiduciary duty. To obtain additional information, go to: https://zlk.com/compensation2/ooma-inc-lawsuit-submission-form or contact Joseph E.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Ooma, Inc. (NYSE: OOMA)

Zacks Investment Research

Wall Street Analysts Predict a 71.49% Upside in Ooma (OOMA): Here's What You Should Know

The mean of analysts' price targets for Ooma (OOMA) points to a 71.5% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts Predict a 71.49% Upside in Ooma (OOMA): Here's What You Should Know

Zacks Investment Research

3 Communication Stocks Set to Ride on Fiber & Cloud Thrust

Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. ANET, HLIT and OOMA are well-positioned to make the most of the demand for seamless connectivity solutions.

3 Communication Stocks Set to Ride on Fiber & Cloud Thrust

Ooma Office Phone Service Now Integrates with Square, Delivering More Personal Customer Experiences

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the integration of its Ooma Office business phone service with Square, the globally trusted software, payments and hardware solution for businesses of all sizes. With the Ooma Office and Square integration (https://www.ooma.com/small-business-phone-systems/integrations/square/), users of the Ooma Office desktop app can view information from the Square Customer Directory.

Ooma Office Phone Service Now Integrates with Square, Delivering More Personal Customer Experiences

Zacks Investment Research

How Much Upside is Left in Ooma (OOMA)? Wall Street Analysts Think 79.93%

The consensus price target hints at a 79.9% upside potential for Ooma (OOMA). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Ooma (OOMA)? Wall Street Analysts Think 79.93%

Zacks Investment Research

OOMA Boosts Communications for SMBs With Ooma Office Upgrade

The latest updates in Ooma (OOMA) Office aim to help SMBs compete more effectively with larger enterprises.

OOMA Boosts Communications for SMBs With Ooma Office Upgrade

Ooma Office Adds Powerful New Communications Features to Drive Customer Engagement and Team Collaboration

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that its Ooma Office business phone and communications service has added powerful new features for engaging with customers and driving team collaboration, including a contact us widget, an auto dialer and online whiteboards for videoconferences. Ooma Office (https://www.ooma.com/small-business-phone-systems/), named by PCMag earlier this year as the Business Choice award.

Ooma Office Adds Powerful New Communications Features to Drive Customer Engagement and Team Collaboration

Ooma, Inc. (OOMA) Q1 2025 Earnings Call Transcript

Ooma, Inc. (NYSE:OOMA ) Q1 2025 Earnings Conference Call May 28, 2024 5:00 PM ET Company Participants Matt Robison - Director, Investor Relations & Corporate Development Eric Stang - Chief Executive Officer Shig Hamamatsu - Chief Financial Officer Conference Call Participants Mike Latimore - Northland Capital Brian Kinstlinger - Alliance Global Partners Josh Nichols - B. Riley Matthew Harrigan - Benchmark Patrick Walravens - Citizens JMP Operator Good day, and thank you for standing by.

Ooma, Inc. (OOMA) Q1 2025 Earnings Call Transcript

Zacks Investment Research

Ooma (OOMA) Q1 Earnings and Revenues Surpass Estimates

Ooma (OOMA) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.16 per share a year ago.

Ooma (OOMA) Q1 Earnings and Revenues Surpass Estimates

Ooma Reports Fiscal First Quarter 2025 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal first quarter ended April 30, 2024. Fiscal First Quarter 2025 Financial Highlights: Revenue: Total revenue was $62.5 million, up 10% year-over-year. Subscription and services revenue increased to $58.4 million from $53.0 million in the first quarter of fiscal 2024, and was 93% of total revenue, primarily driven by the growth o.

Ooma Reports Fiscal First Quarter 2025 Financial Results

See News Rankings