Ooma (NYSE:OOMA) Issues FY 2027 Earnings Guidance

Ooma (NYSE:OOMA) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.260-1.310 for the period, compared to the consensus estimate of 1.010. The company issued revenue guidance of $321.0 million-$325.0 million, compared to the consensus revenue estimate of $326.5 million. Ooma also updated its Q1 2027 guidance to 0.310-0.330 EPS.

Ooma Trading Up 11.5%

Shares of OOMA stock opened at $14.49 on Friday. The stock has a fifty day simple moving average of $11.87 and a two-hundred day simple moving average of $11.81. The stock has a market capitalization of $399.92 million, a price-to-earnings ratio of 65.87 and a beta of 1.32. Ooma has a twelve month low of $9.79 and a twelve month high of $14.83.

Ooma (NYSE:OOMA) last issued its earnings results on Monday, December 8th. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. Ooma had a net margin of 2.36% and a return on equity of 15.79%. The company had revenue of $67.63 million for 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. Research analysts predict that Ooma will post -0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Benchmark reissued a “buy” rating on shares of Ooma in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Ooma currently has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in OOMA. IFC & Insurance Marketing Inc. acquired a new stake in Ooma during the 4th quarter worth about $34,000. Tower Research Capital LLC TRC lifted its holdings in shares of Ooma by 225.2% in the 2nd 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 period. Royal Bank of Canada boosted its stake in shares of Ooma by 24.1% in the fourth quarter. Royal Bank of Canada now owns 4,466 shares of the technology company’s stock worth $53,000 after buying an additional 867 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Ooma by 503.1% during the second quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company’s stock worth $63,000 after acquiring an additional 4,110 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in Ooma during the fourth quarter valued at approximately $59,000. 80.42% of the stock is owned by institutional investors and hedge funds.

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.