
Ooma (OOMA) Stock Forecast & Price Target
Ooma (OOMA) Analyst Ratings
Bulls say
Ooma Inc reported product and other revenue of $5.2 million, representing a 14% year-over-year increase, surpassing both consensus and internal estimates. The company guided for future revenue of $67.2 million to $67.9 million, reflecting a 3% to 4% year-over-year growth, alongside a forecast for non-GAAP EPS of $0.22 to $0.23, indicating strong performance against consensus expectations. Additionally, the reported revenue for the period of $66.4 million was consistent with market expectations and exceeded internal estimates, further supporting a positive outlook on Ooma's financial trajectory.
Bears say
Ooma Inc's non-GAAP gross margin of 62.0% fell short of both the consensus estimate of 62.6% and the company's own estimate of 63.3%, indicating potential challenges in maintaining profitability. Additionally, the stock has experienced a decline of 14% year-to-date, reflecting a broader negative sentiment among investors. Following the earnings report, the stock further decreased by 1.9%, contributing to a troubling outlook for the company's financial performance.
This aggregate rating is based on analysts' research of Ooma and is not a guaranteed prediction by Public.com or investment advice.
Ooma (OOMA) Analyst Forecast & Price Prediction
Start investing in Ooma (OOMA)
Order type
Buy in
Order amount
Est. shares
0 shares