Ooma (NYSE:OOMA) Releases Q3 2027 Earnings Guidance

Ooma (NYSE:OOMA) issued an update on its third quarter 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.340-0.350 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $83.7 million-$84.5 million, compared to the consensus revenue estimate of $81.9 million. Ooma also updated its FY 2027 guidance to 1.350-1.380 EPS.

Ooma Stock Performance

Shares of OOMA opened at $20.53 on Thursday. The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 0.50. The business has a 50-day simple moving average of $20.21 and a two-hundred day simple moving average of $17.05. The stock has a market cap of $564.58 million, a price-to-earnings ratio of 64.16 and a beta of 1.19. Ooma has a 52 week low of $9.79 and a 52 week high of $22.72.

Ooma (NYSE:OOMA) last posted its quarterly earnings data on Wednesday, August 26th. The technology company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. The firm had revenue of $83.23 million for the quarter, compared to the consensus estimate of $81.72 million. Ooma had a return on equity of 20.21% and a net margin of 3.17%.Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. On average, analysts expect that Ooma will post 0.8 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have weighed in on OOMA shares. Alliance Global Partners reiterated a “buy” rating on shares of Ooma in a research report on Thursday. UBS Group set a $24.00 price objective on Ooma in a research report on Wednesday, May 27th. Citigroup reiterated a “market perform” rating on shares of Ooma in a research report on Wednesday, May 27th. Benchmark restated a “buy” rating on shares of Ooma in a research note on Monday, August 17th. Finally, Lake Street Capital lifted their price objective on shares of Ooma from $18.00 to $23.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, Ooma presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.67.

Insider Activity

In other news, Director Russell Mann sold 20,000 shares of Ooma stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $18.35, for a total value of $367,000.00. Following the sale, the director directly owned 116,115 shares of the company’s stock, valued at approximately $2,130,710.25. The trade was a 14.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Jenny C. Yeh sold 12,840 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $19.57, for a total value of $251,278.80. Following the completion of the sale, the senior vice president owned 264,615 shares in the company, valued at $5,178,515.55. This represents a 4.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 118,652 shares of company stock valued at $2,225,186. 9.90% of the stock is owned by corporate insiders.

Key Headlines Impacting Ooma

Here are the key news stories impacting Ooma this week:

• Positive Sentiment: Quarterly earnings and revenue beat estimates: Ooma reported adjusted earnings of $0.35 per share, above the $0.33 consensus estimate, while revenue reached approximately $83.2 million versus expectations of $81.7 million. Earnings increased from $0.23 per share a year earlier. Ooma Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Strong recurring-revenue growth: Total revenue rose 25% year over year to $83.2 million. Subscription and services revenue increased to $75.6 million from $61.1 million, representing 91% of total revenue and strengthening Ooma’s recurring-revenue profile. Ooma Reports Fiscal Second Quarter 2027 Financial Results
• Positive Sentiment: Raised guidance is above analyst expectations: Ooma forecast fiscal 2027 earnings of $1.35-$1.38 per share and revenue of $332.0-$333.5 million, exceeding consensus estimates of $1.21 and $327.3 million, respectively. Third-quarter guidance also topped expectations, with projected EPS of $0.34-$0.35 and revenue of $83.7-$84.5 million. Ooma Forecasts Fiscal 2027 EPS and Revenue
• Positive Sentiment: Brand recognition improved: Ooma was named a top VoIP provider in the 2026 Spiceworks Voice of IT survey, potentially supporting customer acquisition and enterprise credibility. Ooma Named Top VoIP Provider
• Neutral Sentiment: Investor focus remains on execution: The earnings call and preview coverage centered on whether Ooma can sustain its growth trajectory and convert the raised outlook into results. With shares trading near their 52-week high and at an elevated earnings multiple, further upside may depend on continued guidance increases and operating performance. Ooma Fiscal Q2 2027 Earnings Call Transcript

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Heron Bay Capital Management bought a new stake in shares of Ooma in the 4th quarter valued at approximately $209,000. Virtus Advisers LLC bought a new position in shares of Ooma during the 3rd quarter valued at approximately $107,000. Algert Global LLC bought a new position in shares of Ooma during the 3rd quarter valued at approximately $171,000. Creative Planning purchased a new stake in Ooma during the 3rd quarter valued at $196,000. Finally, The Manufacturers Life Insurance Company bought a new stake in Ooma in the second quarter worth $132,000. Hedge funds and other institutional investors own 80.42% of the company’s stock.

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.