Ooma (NYSE:OOMA) Releases Q2 2027 Earnings Guidance

Ooma (NYSE:OOMA) updated its second quarter 2027 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.330-0.340 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $81.6 million-$82.3 million, compared to the consensus revenue estimate of $80.2 million. Ooma also updated its FY 2027 guidance to 1.290-1.340 EPS.

Analysts Set New Price Targets

Several research firms have recently commented on OOMA. Alliance Global Partners reiterated a “buy” rating on shares of Ooma in a research note on Wednesday. B. Riley Financial reiterated a “buy” rating on shares of Ooma in a research note on Monday, May 18th. Citigroup reiterated a “market perform” rating on shares of Ooma in a research note on Wednesday. UBS Group set a $24.00 price objective on Ooma in a research note on Wednesday. Finally, Benchmark restated a “buy” rating on shares of Ooma in a research note on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $22.33.

Ooma Stock Performance

Shares of OOMA opened at $17.43 on Thursday. The business’s fifty day moving average price is $16.20 and its 200 day moving average price is $13.38. Ooma has a 12-month low of $9.79 and a 12-month high of $21.96. The stock has a market capitalization of $479.39 million, a PE ratio of 54.46 and a beta of 1.20. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.93 and a quick ratio of 0.70.

Ooma (NYSE:OOMA) last announced its quarterly earnings data on Tuesday, May 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03. Ooma had a return on equity of 20.52% and a net margin of 3.17%.The firm had revenue of $81.15 million for the quarter, compared to analysts’ expectations of $79.84 million. Ooma has set its FY 2027 guidance at 1.290-1.340 EPS and its Q2 2027 guidance at 0.330-0.340 EPS. Equities research analysts forecast that Ooma will post 0.78 EPS for the current year.

Insider Transactions at Ooma

In related news, CFO Shigeyuki Hamamatsu sold 10,790 shares of the firm’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $14.22, for a total transaction of $153,433.80. Following the transaction, the chief financial officer directly owned 231,128 shares in the company, valued at $3,286,640.16. This trade represents a 4.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 9.90% of the stock is owned by company insiders.

Trending Headlines about Ooma

Here are the key news stories impacting Ooma this week:

• Positive Sentiment: Ooma reported fiscal Q1 2027 EPS of $0.35, topping the $0.32 consensus, while revenue of $81.1 million also exceeded estimates. Ooma Reports Fiscal First Quarter 2027 Financial Results
• Positive Sentiment: The company raised its Q2 2027 guidance to EPS of $0.33-$0.34 and revenue of $81.6 million-$82.3 million, both above Wall Street expectations.
• Positive Sentiment: Ooma also increased full-year FY 2027 guidance to EPS of $1.29-$1.34 and revenue of $326.0 million-$328.5 million, signaling management confidence in continued growth.
• Neutral Sentiment: Investor attention is also focused on the earnings call transcript and presentation, which may provide more detail on growth drivers, margins, and demand trends. Ooma, Inc. 2027 Q1 – Results – Earnings Call Presentation
• Neutral Sentiment: Recent coverage from Zacks highlighted the earnings beat and the company’s key metrics versus estimates, reinforcing the overall positive operating results. Ooma (OOMA) Q1 Earnings and Revenues Surpass Estimates

Institutional Investors Weigh In On Ooma

Hedge funds have recently added to or reduced their stakes in the stock. IFC & Insurance Marketing Inc. bought a new stake in Ooma in the fourth quarter valued at $34,000. Tower Research Capital LLC TRC lifted its stake in Ooma by 225.2% in the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock valued at $47,000 after buying an additional 2,507 shares during the last quarter. Royal Bank of Canada lifted its stake in Ooma by 24.1% in the fourth quarter. Royal Bank of Canada now owns 4,466 shares of the technology company’s stock valued at $53,000 after buying an additional 867 shares during the last quarter. Lazard Asset Management LLC lifted its stake in Ooma by 503.1% in the second quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company’s stock valued at $63,000 after buying an additional 4,110 shares during the last quarter. Finally, Kemnay Advisory Services Inc. bought a new stake in Ooma in the fourth quarter valued at $59,000. 80.42% of the stock is currently owned by institutional investors.

Ooma Company Profile

Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.