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Home โบ Stocks โบ Ooma Inc. (OOMA) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Application
$20.83
+0.58 (2.86%)Did OOMA Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Ooma is one of their latest high-conviction picks.
Based on our analysis of 3 Wall Street analysts, OOMA has a bullish consensus with a median price target of $24.00 (ranging from $20.00 to $24.00). The overall analyst rating is Strong Buy (9.4/10). Currently trading at $20.83, the median forecast implies a 15.2% upside. This outlook is supported by 6 Buy, 1 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Matthew Harrigan at Benchmark, projecting a 15.2% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for OOMA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| May 27, 2026 | Lake Street | Eric Martinuzzi | Buy | Maintains | $23.00 |
| May 27, 2026 | Benchmark | Matthew Harrigan | Buy | Maintains | $24.00 |
| Dec 18, 2025 | Freedom Broker | Buy | Initiates | $N/A | |
| Nov 4, 2025 | Lake Street | Buy | Maintains | $N/A | |
| Aug 27, 2025 | JMP Securities | Market Perform | Reiterates | $N/A | |
| Aug 25, 2025 | Benchmark | Buy | Reiterates | $N/A | |
| Mar 5, 2025 | Lake Street | Buy | Maintains | $N/A | |
| Mar 5, 2025 | Benchmark | Buy | Maintains | $N/A | |
| Mar 5, 2025 | Citizens Capital Markets | Market Perform | Reiterates | $N/A | |
| Dec 5, 2024 | Lake Street | Buy | Maintains | $N/A | |
| Dec 5, 2024 | Northland Capital Markets | Outperform | Maintains | $N/A | |
| Dec 3, 2024 | Benchmark | Buy | Maintains | $N/A | |
| Nov 25, 2024 | B. Riley Securities | Buy | Maintains | $N/A | |
| Aug 28, 2024 | JMP Securities | Market Perform | Reiterates | $N/A | |
| Jun 17, 2024 | Lake Street | Buy | Initiates | $N/A | |
| Mar 13, 2024 | Benchmark | Buy | Maintains | $N/A | |
| Mar 6, 2024 | B. Riley Securities | Buy | Reiterates | $N/A | |
| Mar 6, 2024 | Alliance Global Partners | Buy | Maintains | $N/A | |
| Oct 24, 2023 | Benchmark | Buy | Reiterates | $N/A | |
| Aug 24, 2023 | B. Riley Securities | Buy | Reiterates | $N/A |
The following stocks are similar to Ooma based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ooma Inc. has a market capitalization of $564.33M with a P/E ratio of 61.8x. The company generates $289.72M in trailing twelve-month revenue with a 3.2% profit margin.
Revenue growth is +24.8% quarter-over-quarter, while maintaining an operating margin of +4.3% and return on equity of +10.0%.
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Provides innovative communications solutions.
Ooma generates revenue primarily through its broadband internet phone service and cloud-based communication solutions for businesses. The company offers devices and subscription services that enable residential and business customers to make cost-effective calls over the internet, reducing reliance on traditional phone lines.
Ooma's product lineup includes the Ooma Telo, which features free nationwide calling, voicemail, and caller ID. The company targets small to medium-sized enterprises with tailored communication solutions, enhancing their operational efficiency. Ooma's commitment to innovation positions it as a competitive player in the evolving communications industry.
Technology
Software - Application
1,420
Mr. Eric B. Stang
United States
2015
Increased fiber densification, cloud focus and accelerated pace of 5G deployment should help the Zacks Communication - Components industry thrive despite short-term headwinds. GLW, VIAV and OOMA are well-positioned to make the most of the demand for seamless connectivity solutions.
The Zacks Communication - Components industry is expected to grow due to fiber densification, cloud focus, and 5G deployment. GLW, VIAV, and OOMA are well-positioned for this demand.
Increased fiber densification and 5G deployment enhance growth for GLW, VIAV, and OOMA, suggesting potential gains in the communication components sector amid short-term challenges.
Corning, Viavi, and Ooma are featured in an Industry Outlook article, indicating potential relevance for investors in these companies.
Highlighting Corning, Viavi, and Ooma signals potential growth opportunities and market trends in their sectors, influencing investment decisions and stock performance.
Ooma reported 25% YoY revenue growth and 78% YoY adjusted EBITDA growth in Q1, driven by acquisitions and AI integration, while trading at a low valuation. New products enhance growth potential.
Ooma's strong growth, strategic initiatives, and low valuation signal potential upside. Impressive revenue and EBITDA growth, along with new products, enhance its market position and future prospects.
FA, BVS, and OOMA were identified as July breakout stock picks due to strong momentum and favorable price criteria, suggesting potential for upside.
FA, BVS, and OOMA showing momentum and meeting price criteria suggests potential growth, indicating investment opportunities for higher returns in the stock market.
Ooma, Inc. (NYSE: OOMA) has awarded the inaugural Small Business Spotlight Award to Travelers Care, recognizing impactful small businesses during National Small Business Month.
Ooma's recognition of small businesses enhances its brand visibility and strengthens relationships with the SMB sector, potentially leading to increased customer acquisition and revenue growth.
Ooma, Inc. (OOMA) held its Q1 2027 earnings call, discussing financial performance and business updates. Further details can be found in the transcript.
Ooma's Q1 2027 earnings call reveals financial performance and future guidance, impacting stock valuation and investor sentiment. Key insights can influence trading decisions.
Based on our analysis of 3 Wall Street analysts, Ooma Inc. (OOMA) has a median price target of $24.00. The highest price target is $24.00 and the lowest is $20.00.
According to current analyst ratings, OOMA has 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $20.83. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict OOMA stock could reach $24.00 in the next 12 months. This represents a 15.2% increase from the current price of $20.83. Please note that this is a projection by Wall Street analysts and not a guarantee.
Ooma generates revenue primarily through its broadband internet phone service and cloud-based communication solutions for businesses. The company offers devices and subscription services that enable residential and business customers to make cost-effective calls over the internet, reducing reliance on traditional phone lines.
The highest price target for OOMA is $24.00 from Matthew Harrigan at Benchmark, which represents a 15.2% increase from the current price of $20.83.
The lowest price target for OOMA is $20.00 from at , which represents a -4.0% decrease from the current price of $20.83.
The overall analyst consensus for OOMA is bullish. Out of 3 Wall Street analysts, 6 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $24.00.
Stock price projections, including those for Ooma Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.