Northland Capmk Issues Optimistic Forecast for Ooma Earnings

Ooma, Inc. (NYSE:OOMA) – Investment analysts at Northland Capmk boosted their Q4 2026 earnings estimates for Ooma in a research note issued on Wednesday, March 5th. Northland Capmk analyst M. Latimore now forecasts that the technology company will post earnings per share of $0.04 for the quarter, up from their prior estimate of $0.02. The consensus estimate for Ooma’s current full-year earnings is ($0.06) per share.

A number of other research analysts have also recently issued reports on OOMA. Northland Securities increased their target price on shares of Ooma from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. StockNews.com raised shares of Ooma from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. B. Riley raised their price objective on shares of Ooma from $14.50 to $15.50 and gave the stock a “buy” rating in a research note on Monday, November 25th. Lake Street Capital dropped their price objective on shares of Ooma from $18.00 to $17.00 and set a “buy” rating for the company in a research note on Wednesday. Finally, Benchmark raised their price objective on shares of Ooma from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Ooma presently has an average rating of “Buy” and a consensus price target of $17.63.

Ooma Trading Up 2.2 %

Shares of Ooma stock opened at $14.03 on Friday. Ooma has a 12-month low of $6.50 and a 12-month high of $17.00. The company has a current ratio of 1.08, a quick ratio of 0.82 and a debt-to-equity ratio of 0.04. The stock has a market cap of $378.76 million, a PE ratio of -37.91 and a beta of 0.99. The company has a 50-day moving average of $14.39 and a two-hundred day moving average of $13.15.

Insider Buying and Selling

In related news, Director Andrew H. Galligan sold 14,824 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total transaction of $215,837.44. Following the sale, the director now owns 241,932 shares in the company, valued at approximately $3,522,529.92. This trade represents a 5.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric B. Stang sold 39,458 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $15.24, for a total transaction of $601,339.92. Following the sale, the chief executive officer now owns 1,275,183 shares in the company, valued at approximately $19,433,788.92. This trade represents a 3.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 93,295 shares of company stock worth $1,422,380. 9.76% of the stock is owned by insiders.

Hedge Funds Weigh In On Ooma

Hedge funds have recently made changes to their positions in the stock. State Street Corp boosted its holdings in shares of Ooma by 2.9% in the 3rd 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 boosted its holdings in shares of Ooma by 101.6% in the 3rd 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 acquired a new position in shares of Ooma in the 4th quarter valued at $802,000. Barclays PLC boosted its holdings in shares of Ooma by 32.7% in the 3rd 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. boosted its holdings in shares of Ooma by 69.1% in the 3rd 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. Institutional investors and hedge funds own 80.42% of the company’s stock.

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.