William Blair Comments on Ooma, Inc.’s Q4 2026 Earnings (NYSE:OOMA)

Ooma, Inc. (NYSE:OOMAFree Report) – Stock analysts at William Blair lifted their Q4 2026 earnings estimates for Ooma in a research report issued on Wednesday, May 29th. William Blair analyst A. Bhatia now forecasts that the technology company will post earnings of $0.00 per share for the quarter, up from their prior estimate of ($0.01). The consensus estimate for Ooma’s current full-year earnings is ($0.13) per share.

Ooma (NYSE:OOMAGet Free Report) last issued its quarterly earnings data on Tuesday, May 28th. The technology company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.14). The firm had revenue of $62.50 million during the quarter, compared to analyst estimates of $61.85 million. Ooma had a negative return on equity of 1.43% and a negative net margin of 1.09%. During the same quarter in the previous year, the firm posted $0.02 earnings per share.

OOMA has been the topic of several other research reports. Benchmark lowered their target price on shares of Ooma from $18.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, March 13th. B. Riley restated a “buy” rating and set a $14.50 target price (down from $19.00) on shares of Ooma in a research report on Wednesday, March 6th. Alliance Global Partners cut their price target on shares of Ooma from $16.00 to $14.50 and set a “buy” rating on the stock in a research report on Wednesday, March 6th. Finally, TheStreet downgraded shares of Ooma from a “c” rating to a “d+” rating in a research report on Tuesday, March 5th. Four analysts have rated the stock with a buy rating, According to data from MarketBeat.com, Ooma has a consensus rating of “Buy” and an average price target of $14.67.

Check Out Our Latest Stock Analysis on OOMA

Ooma Trading Up 0.7 %

Shares of Ooma stock opened at $8.73 on Monday. The firm has a market capitalization of $230.65 million, a PE ratio of -87.30 and a beta of 0.86. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.24 and a quick ratio of 0.85. The company’s fifty day moving average price is $7.64 and its two-hundred day moving average price is $9.42. Ooma has a 52-week low of $6.50 and a 52-week high of $15.66.

Hedge Funds Weigh In On Ooma

Hedge funds have recently made changes to their positions in the business. Covestor Ltd lifted its holdings in Ooma by 31.6% during the 3rd quarter. Covestor Ltd now owns 3,943 shares of the technology company’s stock valued at $51,000 after purchasing an additional 946 shares during the last quarter. Bank of New York Mellon Corp increased its position in shares of Ooma by 1.3% in the third quarter. Bank of New York Mellon Corp now owns 117,085 shares of the technology company’s stock worth $1,523,000 after purchasing an additional 1,461 shares during the period. Barclays PLC increased its position in shares of Ooma by 4.4% in the third quarter. Barclays PLC now owns 50,396 shares of the technology company’s stock worth $657,000 after purchasing an additional 2,108 shares during the period. Tower Research Capital LLC TRC grew its position in Ooma by 84.9% in the fourth quarter. Tower Research Capital LLC TRC now owns 5,191 shares of the technology company’s stock valued at $56,000 after acquiring an additional 2,384 shares during the last quarter. Finally, GSA Capital Partners LLP grew its position in Ooma by 6.4% in the third quarter. GSA Capital Partners LLP now owns 60,319 shares of the technology company’s stock valued at $785,000 after acquiring an additional 3,649 shares during the last quarter. 80.42% of the stock is owned by institutional investors.

About Ooma

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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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Earnings History and Estimates for Ooma (NYSE:OOMA)

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