Ooma (NYSE:OOMA – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 1.000-1.020 for the period, compared to the consensus EPS estimate of 0.660. The company issued revenue guidance of $270.3 million-$270.9 million, compared to the consensus revenue estimate of $268.1 million. Ooma also updated its Q4 2026 guidance to 0.300-0.320 EPS.
Wall Street Analyst Weigh In
Several brokerages have recently weighed in on OOMA. Benchmark restated a “buy” rating and issued a $20.00 price objective on shares of Ooma in a report on Monday, August 25th. Lake Street Capital boosted 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, JMP Securities reiterated a “market perform” rating on shares of Ooma in a research note on Wednesday, August 27th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $19.00.
Read Our Latest Report on Ooma
Ooma Trading Up 6.2%
Ooma (NYSE:OOMA – Get Free Report) last issued its earnings results on Monday, December 8th. The technology company reported $0.27 EPS for the quarter, topping the consensus estimate 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 the consensus estimate 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, sell-side analysts anticipate that Ooma will post -0.06 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. NewEdge Advisors LLC acquired a new stake in Ooma during the third quarter worth approximately $213,000. PharVision Advisers LLC bought a new position in shares of Ooma during the third quarter worth approximately $435,000. Virtus Advisers LLC acquired a new stake in Ooma during the 3rd quarter worth approximately $107,000. Quarry LP acquired a new stake in Ooma during the 3rd quarter worth approximately $77,000. Finally, Qube Research & Technologies Ltd boosted its stake in Ooma by 71.7% in the 3rd quarter. Qube Research & Technologies Ltd now owns 304,278 shares of the technology company’s stock valued at $3,648,000 after purchasing an additional 127,104 shares during the period. 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.
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