Ooma, Inc. (NYSE:OOMA – Free Report) – Investment analysts at B. Riley issued their Q1 2026 earnings estimates for Ooma in a research report issued on Wednesday, March 5th. B. Riley analyst J. Nichols expects that the technology company will post earnings per share of $0.04 for the quarter. B. Riley currently has a “Buy” rating and a $15.50 target price 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 Q2 2026 earnings at $0.05 EPS, Q3 2026 earnings at $0.07 EPS and FY2026 earnings at $0.22 EPS.
Several other research firms also recently weighed in on OOMA. Benchmark raised their price target on shares of Ooma from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday, March 5th. StockNews.com raised shares of Ooma from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Lake Street Capital decreased their price target on shares of Ooma from $18.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, March 5th. Finally, Northland Securities raised their price target on shares of Ooma from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Thursday, December 5th. One investment analyst has rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Ooma currently has a consensus rating of “Buy” and a consensus price target of $17.63.
Ooma Stock Performance
NYSE:OOMA opened at $14.03 on Monday. The company’s 50-day moving average price is $14.39 and its 200-day moving average price is $13.18. 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 company has a market cap of $378.76 million, a P/E ratio of -37.91 and a beta of 0.99. Ooma has a twelve month low of $6.50 and a twelve month high of $17.00.
Insiders Place Their Bets
In other Ooma news, Director Andrew H. Galligan sold 14,824 shares of Ooma stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total transaction of $215,837.44. Following the completion of the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William D. Pearce sold 3,700 shares of Ooma stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $15.54, for a total transaction of $57,498.00. Following the sale, the director now owns 163,353 shares of the company’s stock, valued at approximately $2,538,505.62. This represents a 2.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 53,837 shares of company stock valued at $821,040 over the last ninety days. Company insiders own 9.76% of the company’s stock.
Institutional Investors Weigh In On Ooma
Institutional investors have recently made changes to their positions in the stock. State Street Corp increased its position in shares of 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 acquiring an additional 13,240 shares during the last quarter. Walleye Capital LLC increased its position in shares of 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 acquiring an additional 27,727 shares during the last quarter. Inspire Investing LLC acquired a new position in shares of Ooma in the fourth quarter valued at approximately $802,000. Barclays PLC grew its holdings in shares of Ooma by 32.7% in 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 in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Ooma by 69.1% in 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 in the last quarter. 80.42% of the stock is currently owned by institutional investors and hedge funds.
About Ooma
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.
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