Northland Capmk Has Positive Outlook of Ooma Q4 Earnings

Ooma, Inc. (NYSE:OOMA) – Northland Capmk upped their Q4 2026 EPS estimates for Ooma in a research report issued on Wednesday, March 5th. Northland Capmk analyst M. Latimore now anticipates that the technology company will post earnings of $0.04 per share 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 brokerages have also recently issued reports on OOMA. B. Riley boosted their price objective on shares of Ooma from $14.50 to $15.50 and gave the company a “buy” rating in a report on Monday, November 25th. StockNews.com upgraded shares of Ooma from a “buy” rating to a “strong-buy” rating in a report on Friday, December 6th. Benchmark upped their price target on shares of Ooma from $17.00 to $20.00 and gave the company a “buy” rating in a report on Wednesday. Northland Securities upped their price target on shares of Ooma from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Thursday, December 5th. Finally, Lake Street Capital reduced their price target on shares of Ooma from $18.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday. One research analyst has rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $17.63.

Ooma Stock Up 2.2 %

Shares of NYSE OOMA opened at $14.03 on Friday. The stock has a market cap of $378.76 million, a P/E ratio of -37.91 and a beta of 0.96. The firm has a 50 day moving average price of $14.39 and a 200 day moving average price of $13.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.82 and a current ratio of 1.08. Ooma has a 52-week low of $6.50 and a 52-week high of $17.00.

Insider Transactions at Ooma

In other news, Director Andrew H. Galligan sold 14,824 shares of the business’s stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total value of $215,837.44. Following the sale, the director now owns 241,932 shares of the company’s stock, valued at $3,522,529.92. The trade was a 5.77 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director William D. Pearce sold 3,700 shares of the business’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $15.54, for a total transaction of $57,498.00. Following the completion of the sale, the director now directly owns 163,353 shares in the company, valued at approximately $2,538,505.62. This represents a 2.21 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 93,295 shares of company stock valued at $1,422,380 over the last 90 days. 9.76% of the stock is owned by corporate insiders.

Institutional Trading of Ooma

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new stake in Ooma during the fourth quarter worth $92,000. Virtus Investment Advisers Inc. bought a new stake in Ooma during the third quarter worth $98,000. EntryPoint Capital LLC bought a new stake in Ooma during the fourth quarter worth $153,000. Paloma Partners Management Co bought a new stake in Ooma during the third quarter worth $126,000. Finally, Oxford Asset Management LLP bought a new stake in Ooma during the fourth quarter worth $168,000. 80.42% of the stock is owned by institutional investors.

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.