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Home โบ Stocks โบ Ooma Inc. (OOMA) Stock Forecast & Price Prediction United States | NYSE | Technology | Software - Application
$12.93
-0.15 (-1.15%)10 Quality Stocks Worth Considering Now
Researching Ooma (OOMA) after the drop? Our ex-Goldman Sachs analyst reveals if it made our list of 10 oversold quality stocks with strong growth potential.
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Based on our analysis of 9 Wall Street analysts, OOMA has a bullish consensus with a median price target of $18.00 (ranging from $17.00 to $20.00). Currently trading at $12.93, the median forecast implies a 39.2% 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 54.7% upside. Conversely, the most conservative target is provided by Eric Martinuzzi at Lake Street, suggesting a 31.5% 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 |
---|---|---|---|---|---|
Mar 5, 2025 | Citizens Capital Markets | Patrick Walravens | Market Perform | Reiterates | $0.00 |
Mar 5, 2025 | Lake Street | Eric Martinuzzi | Buy | Maintains | $17.00 |
Mar 5, 2025 | Benchmark | Matthew Harrigan | Buy | Maintains | $20.00 |
Dec 5, 2024 | Northland Capital Markets | Michael Latimore | Outperform | Maintains | $18.00 |
Dec 5, 2024 | Lake Street | Eric Martinuzzi | Buy | Maintains | $18.00 |
Dec 3, 2024 | Benchmark | Matthew Harrigan | Buy | Maintains | $17.00 |
Nov 25, 2024 | B. Riley Securities | Josh Nichols | Buy | Maintains | $15.50 |
Aug 28, 2024 | JMP Securities | Joe Goodwin | Market Perform | Reiterates | $0.00 |
Jun 17, 2024 | Lake Street | Buy | Initiates | $14.00 | |
Mar 13, 2024 | Benchmark | Matthew Harrigan | Buy | Maintains | $15.00 |
Mar 6, 2024 | Alliance Global Partners | Brian Kinstlinger | Buy | Maintains | $14.50 |
Mar 6, 2024 | B. Riley Securities | Josh Nichols | Buy | Reiterates | $14.50 |
Oct 24, 2023 | Benchmark | Matthew Harrigan | Buy | Reiterates | $20.00 |
Aug 24, 2023 | B. Riley Securities | Josh Nichols | Buy | Reiterates | $19.00 |
Aug 24, 2023 | Benchmark | Matthew Harrigan | Buy | Reiterates | $20.00 |
Aug 18, 2023 | Benchmark | Matthew Harrigan | Buy | Reiterates | $20.00 |
Jul 25, 2023 | Benchmark | Matthew Harrigan | Buy | Reiterates | $20.00 |
May 25, 2023 | Benchmark | Buy | Maintains | $0.00 | |
May 24, 2023 | Alliance Global Partners | Brian Kinstlinger | Buy | Maintains | $18.00 |
May 24, 2023 | JMP Securities | Joe Goodwin | Market Outperform | Maintains | $18.00 |
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 $356.36M with a P/E ratio of 108.4x. The company generates $256.85M in trailing twelve-month revenue with a -2.7% profit margin.
Revenue growth is +5.5% quarter-over-quarter, while maintaining an operating margin of -0.5% and return on equity of -8.4%.
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Provides innovative communications solutions for consumers and businesses.
Ooma generates revenue primarily through its broadband internet phone service and cloud-based communication solutions. It offers devices like the Ooma Telo for residential users, which supports features such as free nationwide calling and voicemail. For business customers, Ooma provides a suite of services including virtual receptionists and enhanced call handling, catering specifically to small and medium-sized enterprises.
Ooma has established a significant presence in the communications industry by providing cost-effective alternatives to traditional telephony. Its focus on innovation and user-friendly technology positions the company as a competitive player, meeting the evolving needs of modern consumers and businesses.
Technology
Software - Application
1,186
Mr. Eric B. Stang
United States
2015
Viav Solutions (VIAV) delivered earnings and revenue surprises of 25% and 0.96%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
Ooma, Inc. (NYSE: OOMA) will release its Q1 financial results on May 28, 2025, after market close, followed by a conference call at 5:00 p.m. ET. Results will be available on the company's website.
Ooma's upcoming earnings release and conference call could influence stock prices, as investors assess performance and future guidance, impacting market sentiment and investment decisions.
Ooma, Inc. has won PCMag's Business Choice Award for Overall VoIP Service, as well as for IT-Managed VoIP Service and VoIP Service for Home Offices, highlighting its strong market position.
Ooma's recognition by PCMag enhances its market credibility, potentially increasing customer acquisition and retention, which can positively impact revenue and stock performance.
OOMA, ANIP, MATX, VIRT, and EVER are identified as stocks exhibiting strong relative price strength, indicating potential investment opportunities.
Stocks with explosive relative price strength indicate strong momentum, potentially leading to increased investor interest and higher returns. Monitoring these can signal buying opportunities.
CRDO, OOMA, and PGR are on the Zacks Rank #1 (Strong Buy) momentum stocks list as of March 10, 2025.
CRDO, OOMA, and PGR being ranked as Strong Buy indicates strong momentum and potential for price appreciation, signaling positive market sentiment and investment opportunities.
Ooma, Inc. will provide phone and communication services to SONIFI, a hotel technology provider serving over 5,000 properties globally, marking SONIFI's entry into voice communications.
Ooma's partnership with SONIFI enhances its market presence in the hospitality sector, potentially increasing revenue streams and broadening its customer base, which is favorable for investor sentiment.
Ooma, Inc. (NYSE: OOMA) will hold its Q4 and FY 2025 earnings call on March 4, 2025, at 5:00 PM ET, featuring key executives and analysts from various firms.
Ooma's earnings call reveals financial performance insights that can influence stock valuation and investor sentiment, impacting trading decisions and market perception.
Based on our analysis of 9 Wall Street analysts, Ooma Inc. (OOMA) has a median price target of $18.00. The highest price target is $20.00 and the lowest is $17.00.
According to current analyst ratings, OOMA has 6 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.93. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict OOMA stock could reach $18.00 in the next 12 months. This represents a 39.2% increase from the current price of $12.93. 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. It offers devices like the Ooma Telo for residential users, which supports features such as free nationwide calling and voicemail. For business customers, Ooma provides a suite of services including virtual receptionists and enhanced call handling, catering specifically to small and medium-sized enterprises.
The highest price target for OOMA is $20.00 from Matthew Harrigan at Benchmark, which represents a 54.7% increase from the current price of $12.93.
The lowest price target for OOMA is $17.00 from Eric Martinuzzi at Lake Street, which represents a 31.5% increase from the current price of $12.93.
The overall analyst consensus for OOMA is bullish. Out of 9 Wall Street analysts, 6 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $18.00.
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.