Ooma (NYSE:OOMA) Issues FY 2026 Earnings Guidance

by · The Cerbat Gem

Ooma (NYSE:OOMA – Get Free Report) issued an update on its FY 2026 earnings guidance on Monday morning. 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 Analysts Forecast Growth

Several research firms have recently commented on OOMA. JMP Securities reiterated a “market perform” rating on shares of Ooma in a research note on Wednesday, August 27th. Benchmark reiterated a “buy” rating and issued a $20.00 price target on shares of Ooma in a research report on Monday, August 25th. Finally, Lake Street Capital raised their price objective on shares of Ooma from $17.00 to $18.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Ooma currently has an average rating of “Moderate Buy” and an average price target of $19.00.

Check Out Our Latest Analysis on OOMA

Ooma Price Performance

NYSE OOMA traded up $0.73 during trading hours on Monday, reaching $12.47. The company’s stock had a trading volume of 742,539 shares, compared to its average volume of 144,298. The firm has a market capitalization of $344.14 million, a price-to-earnings ratio of -178.10 and a beta of 1.34. The company’s 50-day moving average is $11.37 and its two-hundred day moving average is $12.07. Ooma has a 1-year low of $9.79 and a 1-year high of $15.70.

Ooma (NYSE:OOMA – Get Free Report) last issued its earnings results on Monday, December 8th. The technology company reported $0.27 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations 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. Equities analysts forecast that Ooma will post -0.06 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its holdings in Ooma by 2.4% during the third quarter. Vanguard Group Inc. now owns 1,501,963 shares of the technology company’s stock worth $18,009,000 after acquiring an additional 34,960 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Ooma by 8.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 553,916 shares of the technology company’s stock worth $6,641,000 after purchasing an additional 44,589 shares during the period. Arrowstreet Capital Limited Partnership grew its stake in shares of Ooma by 17.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 513,820 shares of the technology company’s stock worth $6,161,000 after purchasing an additional 76,088 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Ooma by 2.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 317,726 shares of the technology company’s stock valued at $3,810,000 after purchasing an additional 7,215 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Ooma by 81.6% in the first quarter. Millennium Management LLC now owns 316,564 shares of the technology company’s stock valued at $4,144,000 after purchasing an additional 142,220 shares during the period. Hedge funds and other institutional investors own 80.42% of the company’s stock.

Ooma Company Profile

(Get Free Report)

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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