
Ooma (OOMA) Stock Forecast & Price Target
Ooma (OOMA) Analyst Ratings
Bulls say
Ooma Inc reported product and other revenue of $5.2 million, reflecting a 14% year-over-year increase, which surpassed both the consensus estimate of $5.1 million and the company's prior estimate. The company has provided guidance for total revenue between $67.2 million and $67.9 million, indicating a year-over-year growth of 3-4%, alongside a projected non-GAAP EPS of $0.22 to $0.23, which also exceeds market expectations. Additionally, Ooma's overall revenue of $66.4 million was in line with consensus expectations, marking a consistent growth trajectory and reinforcing confidence in the company’s financial performance.
Bears say
Ooma Inc reported a Non-GAAP gross margin of 62.0%, which fell short of both the consensus estimate of 62.6% and the analyst's expectation of 63.3%. The company's stock has experienced a notable decline, down 14% year to date, indicating a negative trajectory in market performance. Additionally, since the latest financial reporting, the stock has continued to decrease by 1.9%, reflecting ongoing investor concerns about the company's financial health and outlook.
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
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