Ooma (NYSE:OOMA – Get Free Report) issued an update on its fourth quarter 2026 earnings guidance on Monday morning. The company provided earnings per share (EPS) guidance of 0.300-0.320 for the period, compared to the consensus estimate of 0.170. The company issued revenue guidance of $71.3 million-$71.9 million, compared to the consensus revenue estimate of $69.9 million. Ooma also updated its FY 2026 guidance to 1.000-1.020 EPS.
Analyst Ratings Changes
Several research firms have recently commented on OOMA. JMP Securities reiterated a “market perform” rating on shares of Ooma in a report on Wednesday, August 27th. Lake Street Capital raised their price target on Ooma from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Benchmark reaffirmed a “buy” rating and issued a $20.00 price target on shares of Ooma in a research note on Monday, August 25th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $19.00.
Get Our Latest Stock Analysis on Ooma
Ooma Price Performance
Ooma (NYSE:OOMA – Get Free Report) last announced its quarterly earnings results on Monday, December 8th. The technology company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.05. Ooma had a positive return on equity of 6.52% and a negative net margin of 0.58%.The company had revenue of $67.63 million during the quarter, compared to analyst estimates of $67.58 million. Ooma has set its FY 2026 guidance at 1.000-1.020 EPS and its Q4 2026 guidance at 0.300-0.320 EPS. As a group, analysts forecast that Ooma will post -0.06 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC raised its position in Ooma by 225.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock worth $47,000 after buying an additional 2,507 shares during the last quarter. Lazard Asset Management LLC grew its stake in shares of Ooma by 503.1% in the second quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company’s stock worth $63,000 after acquiring an additional 4,110 shares during the period. Legal & General Group Plc raised its holdings in shares of Ooma by 203.1% during the second quarter. Legal & General Group Plc now owns 6,226 shares of the technology company’s stock valued at $80,000 after purchasing an additional 4,172 shares during the last quarter. Quarry LP purchased a new position in shares of Ooma during the third quarter valued at approximately $77,000. Finally, Virtus Advisers LLC bought a new position in Ooma during the third quarter valued at approximately $107,000. Hedge funds and other institutional investors own 80.42% of the company’s stock.
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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