Ooma (OOMA) to Post Earnings on Wednesday

Ooma (NYSE:OOMA) is projected to release its Q2 2027 results after the market closes on Wednesday, August 26th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $81.7220 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2027 earning summary page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 5:00 PM ET.

Ooma (NYSE:OOMA) last announced its quarterly earnings results on Tuesday, May 26th. The technology company reported $0.35 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03. The firm had revenue of $81.15 million for the quarter, compared to analysts’ expectations of $79.84 million. Ooma had a return on equity of 20.21% and a net margin of 3.17%. On average, analysts expect Ooma to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ooma Stock Down 3.5%

NYSE OOMA opened at $21.24 on Tuesday. The stock’s 50 day simple moving average is $20.08 and its 200 day simple moving average is $16.92. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.94 and a quick ratio of 0.69. Ooma has a one year low of $9.79 and a one year high of $22.72. The firm has a market cap of $584.13 million, a PE ratio of 66.38 and a beta of 1.19.

Insiders Place Their Bets

In other Ooma news, Director William D. Pearce sold 3,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $17.98, for a total value of $53,940.00. Following the completion of the sale, the director owned 181,652 shares of the company’s stock, valued at $3,266,102.96. The trade was a 1.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Jenny C. Yeh sold 1,757 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $22.00, for a total value of $38,654.00. Following the sale, the senior vice president directly owned 258,615 shares in the company, valued at $5,689,530. This represents a 0.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 118,652 shares of company stock worth $2,225,186. 9.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of OOMA. Royal Bank of Canada lifted its stake in Ooma by 24.1% in the 4th quarter. Royal Bank of Canada now owns 4,466 shares of the technology company’s stock valued at $53,000 after purchasing an additional 867 shares during the last quarter. Man Group plc lifted its stake in shares of Ooma by 5.1% in the fourth quarter. Man Group plc now owns 18,073 shares of the technology company’s stock worth $212,000 after acquiring an additional 880 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Ooma by 1.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 111,251 shares of the technology company’s stock worth $1,435,000 after purchasing an additional 1,137 shares during the period. NewEdge Advisors LLC boosted its position in Ooma by 9.2% during the fourth quarter. NewEdge Advisors LLC now owns 19,356 shares of the technology company’s stock valued at $227,000 after acquiring an additional 1,627 shares during the last quarter. Finally, Invesco Ltd. grew its stake in Ooma by 5.2% during the fourth quarter. Invesco Ltd. now owns 42,896 shares of the technology company’s stock worth $503,000 after purchasing an additional 2,116 shares during the period. Institutional investors and hedge funds own 80.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Benchmark reaffirmed a “buy” rating on shares of Ooma in a research note on Monday, August 17th. UBS Group set a $24.00 price objective on Ooma in a research report on Wednesday, May 27th. Lake Street Capital lifted their price target on Ooma from $18.00 to $23.00 and gave the company a “buy” rating in a research note on Wednesday, May 27th. William Blair set a $24.00 price objective on shares of Ooma in a research report on Monday, August 17th. Finally, B. Riley Financial reissued a “buy” rating on shares of Ooma in a research report on Monday, May 18th. Four equities 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 company currently has a consensus rating of “Moderate Buy” and an average price target of $23.67.

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.