Ooma (NYSE:OOMA – Get Free Report) issued an update on its first quarter 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 0.180-0.190 for the period, compared to the consensus EPS estimate of 0.160. The company issued revenue guidance of $64.7 million-$65.1 million, compared to the consensus revenue estimate of $65.6 million. Ooma also updated its FY 2026 guidance to 0.770-0.820 EPS.
Analysts Set New Price Targets
A number of research analysts have weighed in on OOMA shares. Lake Street Capital cut their price objective on shares of Ooma from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday. Northland Securities increased their price objective on shares of Ooma from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Thursday, December 5th. B. Riley raised their price objective on shares of Ooma from $14.50 to $15.50 and gave the stock a “buy” rating in a research note on Monday, November 25th. StockNews.com raised Ooma from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 6th. Finally, Benchmark raised their price target on Ooma from $17.00 to $20.00 and gave the stock a “buy” rating in a research note on Wednesday. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $17.00.
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Ooma Trading Up 2.1 %
Insider Activity at Ooma
In other Ooma news, Director Andrew H. Galligan sold 14,824 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $14.56, for a total value of $215,837.44. Following the completion of the transaction, the director now owns 241,932 shares in the company, valued at approximately $3,522,529.92. This represents a 5.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director William D. Pearce sold 3,700 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $15.54, for a total value of $57,498.00. Following the sale, the director now owns 163,353 shares in the company, valued at $2,538,505.62. This trade represents a 2.21 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 154,875 shares of company stock valued at $2,352,238 in the last ninety days. Company insiders own 9.76% of the company’s stock.
About Ooma
Ooma, Inc provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses; Ooma Connect, which delivers fixed wireless internet connectivity; and Ooma Enterprise, a unified-communications-as-a-service (UCaaS) solution.
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