Ooma (OOMA) Stock Forecast, Price Target & Predictions
OOMA Stock Forecast
Ooma stock forecast is as follows: an average price target of $24.00 (represents a 67.01% upside from OOMA’s last price of $14.37) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
OOMA Price Target
The average price target for Ooma (OOMA) is $24.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $24.00 to $24.00. This represents a potential 67.01% upside from OOMA's last price of $14.37.
OOMA Analyst Ratings
According to 3 Wall Street analysts, Ooma's rating consensus is 'Buy'. The analyst rating breakdown for OOMA stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Ooma Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Mar 04, 2022 | Joe Goodwin | JMP Securities | $24.00 | $14.97 | 60.32% | 67.01% |
The latest Ooma stock forecast, released on Mar 04, 2022 by Joe Goodwin from JMP Securities, set a price target of $24.00, which represents a 60.32% increase from the stock price at the time of the forecast ($14.97), and a 67.01% increase from OOMA last price ($14.37).
Ooma Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $14.37 | $14.37 | $14.37 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Ooma stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Ooma's last price of $14.37. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 17, 2024 | Lake Street | Buy | Initialise | |
| Mar 13, 2024 | Benchmark | Buy | Buy | Hold |
| Mar 06, 2024 | Alliance Global Partners | Buy | Buy | Hold |
Ooma's last stock rating was published by Lake Street on Jun 17, 2024. The company Initialise its OOMA rating from "null" to "Buy".
Ooma Financial Forecast
Ooma Revenue Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $61.68M | $59.86M | $58.35M | - | $56.50M | $56.68M | $52.65M | - | $50.49M | $49.17M | $47.06M | - | $44.26M | $42.97M | $41.41M | - | $40.65M | $39.59M |
| Avg Forecast | $74.02M | $72.73M | $71.49M | $71.01M | $69.96M | $68.37M | $66.99M | $65.56M | $64.70M | $64.32M | $62.71M | $61.81M | $61.46M | $59.45M | $57.87M | $56.53M | $56.40M | $56.20M | $51.66M | $49.77M | $49.97M | $48.03M | $46.36M | $44.30M | $43.28M | $41.31M | $40.23M | $39.84M | $39.89M | $38.39M |
| High Forecast | $74.23M | $72.93M | $71.69M | $71.20M | $70.15M | $68.56M | $67.17M | $65.74M | $64.88M | $64.44M | $62.71M | $61.81M | $61.46M | $59.60M | $58.03M | $56.69M | $56.55M | $56.76M | $52.17M | $50.27M | $50.46M | $48.50M | $46.82M | $44.74M | $43.71M | $41.72M | $40.63M | $40.23M | $40.28M | $38.77M |
| Low Forecast | $73.91M | $72.61M | $71.38M | $70.90M | $69.85M | $68.26M | $66.88M | $65.46M | $64.60M | $63.98M | $62.71M | $61.81M | $61.46M | $59.31M | $57.78M | $56.44M | $56.31M | $55.60M | $51.11M | $49.24M | $49.43M | $47.51M | $45.86M | $43.83M | $42.82M | $40.87M | $39.80M | $39.41M | $39.46M | $37.98M |
| # Analysts | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.01% | 1.01% | - | 1.00% | 1.01% | 1.02% | - | 1.01% | 1.02% | 1.02% | - | 1.02% | 1.04% | 1.03% | - | 1.02% | 1.03% |
Ooma's average Quarter revenue forecast for May 24 based on 3 analysts is $61.81M, with a low forecast of $61.81M, and a high forecast of $61.81M. OOMA's average Quarter revenue forecast represents a 0.22% increase compared to the company's last Quarter revenue of $61.68M (Jan 24).
Ooma EBITDA Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $940.00K | $1.57M | $2.64M | - | $2.06M | $-264.00K | $347.00K | - | $3.98M | $780.00K | $662.00K | - | $562.00K | $575.00K | $715.00K | - | $-1.66M | $-5.80M |
| Avg Forecast | $176.79K | $173.70K | $170.74K | $169.59K | $167.10K | $163.29K | $159.99K | $156.57K | $154.53K | $153.62K | $149.78K | $3.37M | $146.80K | $141.99K | $138.23K | $3.07M | $602.98K | $-562.15K | $-516.70K | $2.79M | $-499.79K | $-480.37K | $-463.66K | $449.60K | $-432.89K | $-413.22K | $-40.50K | $-398.49K | $-398.98K | $-384.02K |
| High Forecast | $177.28K | $174.18K | $171.21K | $170.06K | $167.56K | $163.74K | $160.43K | $157.01K | $154.95K | $153.91K | $149.78K | $4.05M | $146.80K | $142.34K | $138.61K | $3.68M | $723.58K | $-556.13K | $-511.17K | $3.35M | $-494.44K | $-475.22K | $-458.70K | $539.52K | $-428.26K | $-408.79K | $-32.40K | $-394.22K | $-394.71K | $-379.90K |
| Low Forecast | $176.52K | $173.43K | $170.48K | $169.33K | $166.84K | $163.04K | $159.74K | $156.33K | $154.29K | $152.81K | $149.78K | $2.70M | $146.80K | $141.65K | $138.01K | $2.45M | $482.39K | $-567.70K | $-521.80K | $2.23M | $-504.73K | $-485.11K | $-468.24K | $359.68K | $-437.17K | $-417.30K | $-48.60K | $-402.42K | $-402.92K | $-387.81K |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 6.40% | 11.09% | 19.07% | - | 3.42% | 0.47% | -0.67% | - | -7.97% | -1.62% | -1.43% | - | -1.30% | -1.39% | -17.65% | - | 4.16% | 15.10% |
3 analysts predict OOMA's average Quarter EBITDA for May 24 to be $3.37M, with a high of $4.05M and a low of $2.70M. This is 258.89% upper than Ooma's previous annual EBITDA (Jan 24) of $940.00K.
Ooma Net Income Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-3.06M | $2.29M | $271.00K | - | $-417.00K | $-2.81M | $338.00K | - | $-71.00K | $-326.00K | $-439.00K | - | $-595.00K | $-413.00K | $-367.00K | - | $-2.29M | $-6.78M |
| Avg Forecast | $4.29M | $4.29M | $4.29M | $4.03M | $5.31M | $4.67M | $4.13M | $4.19M | $4.26M | $4.18M | $3.63M | $-83.85K | $3.27M | $4.00M | $3.82M | $-76.23K | $-252.01K | $3.05M | $2.70M | $-69.30K | $2.66M | $2.35M | $2.29M | $-476.00K | $2.58M | $2.05M | $-1.60M | $663.92K | $212.45K | $-1.28M |
| High Forecast | $4.31M | $4.31M | $4.31M | $4.04M | $5.33M | $4.69M | $4.15M | $4.20M | $4.27M | $4.19M | $3.64M | $-67.08K | $3.27M | $4.53M | $3.83M | $-60.98K | $-201.61K | $3.09M | $2.73M | $-55.44K | $2.69M | $2.38M | $2.32M | $-380.80K | $2.61M | $2.07M | $-1.28M | $672.44K | $215.18K | $-1.27M |
| Low Forecast | $4.29M | $4.29M | $4.29M | $4.02M | $5.30M | $4.66M | $4.12M | $4.18M | $3.99M | $3.92M | $3.63M | $-100.62K | $3.26M | $3.46M | $3.81M | $-91.48K | $-302.42K | $3.01M | $2.66M | $-83.16K | $2.62M | $2.31M | $2.26M | $-571.20K | $2.54M | $2.02M | $-1.92M | $654.67K | $209.50K | $-1.30M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.94% | 0.57% | 0.07% | - | 1.65% | -0.92% | 0.13% | - | -0.03% | -0.14% | -0.19% | - | -0.23% | -0.20% | 0.23% | - | -10.80% | 5.29% |
Ooma's average Quarter net income forecast for Jan 24 is $3.27M, with a range of $3.26M to $3.27M. OOMA's average Quarter net income forecast represents a 42.90% increase compared to the company's last Quarter net income of $2.29M (Oct 23).
Ooma SG&A Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $26.46M | $25.42M | $24.81M | - | $24.63M | $26.28M | $24.34M | - | $20.93M | $21.16M | $20.34M | - | $18.77M | $18.25M | $17.00M | - | $18.41M | $18.34M |
| Avg Forecast | $32.54M | $31.98M | $31.43M | $31.22M | $30.76M | $30.06M | $29.45M | $28.82M | $28.45M | $28.28M | $27.57M | $17.73M | $27.02M | $26.14M | $25.44M | $16.12M | $16.36M | $24.71M | $22.71M | $14.65M | $21.97M | $21.12M | $20.38M | $15.02M | $19.03M | $18.16M | $26.21M | $17.52M | $17.54M | $16.88M |
| High Forecast | $32.63M | $32.06M | $31.52M | $31.31M | $30.84M | $30.14M | $29.53M | $28.90M | $28.52M | $28.33M | $27.57M | $21.27M | $27.02M | $26.20M | $25.52M | $19.34M | $19.63M | $24.95M | $22.94M | $17.58M | $22.19M | $21.32M | $20.58M | $18.02M | $19.22M | $18.34M | $31.45M | $17.69M | $17.71M | $17.05M |
| Low Forecast | $32.49M | $31.93M | $31.38M | $31.17M | $30.71M | $30.01M | $29.41M | $28.78M | $28.40M | $28.13M | $27.57M | $14.18M | $27.02M | $26.08M | $25.41M | $12.89M | $13.09M | $24.45M | $22.47M | $11.72M | $21.73M | $20.89M | $20.16M | $12.01M | $18.83M | $17.97M | $20.97M | $17.33M | $17.35M | $16.70M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.98% | 0.97% | 0.98% | - | 1.51% | 1.06% | 1.07% | - | 0.95% | 1.00% | 1.00% | - | 0.99% | 1.00% | 0.65% | - | 1.05% | 1.09% |
Ooma's average Quarter SG&A projection for May 24 is $17.73M, based on 3 Wall Street analysts, with a range of $14.18M to $21.27M. The forecast indicates a -33.00% fall compared to OOMA last annual SG&A of $26.46M (Jan 24).
Ooma EPS Forecast
| Jan 27 | Oct 26 | Jul 26 | May 26 | Jan 26 | Oct 25 | Jul 25 | May 25 | Jan 25 | Oct 24 | Jul 24 | May 24 | Jan 24 | Oct 23 | Jul 23 | May 23 | Jan 23 | Oct 22 | Jul 22 | May 22 | Jan 22 | Oct 21 | Jul 21 | May 21 | Jan 21 | Oct 20 | Jul 20 | May 20 | Jan 20 | Oct 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 6 | 6 | 3 | 3 | 3 | 2 | 2 | 3 | 7 | 7 | 6 | 3 | 3 | 6 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 5 | 6 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.12 | $0.09 | $0.01 | - | $-0.02 | $-0.11 | $0.01 | - | $-0.00 | $-0.01 | $-0.02 | - | $-0.03 | $-0.02 | $-0.02 | - | $-0.11 | $-0.32 |
| Avg Forecast | $0.16 | $0.16 | $0.16 | $0.15 | $0.20 | $0.17 | $0.15 | $0.16 | $0.16 | $0.16 | $0.14 | $0.11 | $0.12 | $0.15 | $0.14 | $0.14 | $0.14 | $0.12 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.08 | $0.10 | $0.08 | $0.07 | $0.03 | $0.01 | $-0.05 |
| High Forecast | $0.16 | $0.16 | $0.16 | $0.15 | $0.20 | $0.17 | $0.15 | $0.16 | $0.16 | $0.16 | $0.14 | $0.11 | $0.12 | $0.17 | $0.14 | $0.14 | $0.14 | $0.12 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.08 | $0.10 | $0.08 | $0.07 | $0.03 | $0.01 | $-0.05 |
| Low Forecast | $0.16 | $0.16 | $0.16 | $0.15 | $0.20 | $0.17 | $0.15 | $0.16 | $0.15 | $0.15 | $0.14 | $0.11 | $0.12 | $0.13 | $0.14 | $0.14 | $0.14 | $0.11 | $0.10 | $0.10 | $0.10 | $0.09 | $0.09 | $0.08 | $0.10 | $0.08 | $0.07 | $0.02 | $0.01 | $-0.05 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.99% | 0.60% | 0.07% | - | -0.12% | -0.96% | 0.10% | - | -0.03% | -0.16% | -0.23% | - | -0.31% | -0.26% | -0.27% | - | -13.75% | 6.62% |
According to 3 Wall Street analysts, Ooma's projected average Quarter EPS for Jan 24 is $0.12, with a low estimate of $0.12 and a high estimate of $0.12. This represents a 35.19% increase compared to OOMA previous annual EPS of $0.09 (Oct 23).
Ooma Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CABO | Cable One | $364.93 | $850.00 | 132.92% | Buy |
| ATNI | ATN | $17.49 | $40.00 | 128.70% | Strong Buy |
| LBRDA | Liberty Broadband | $79.60 | $158.00 | 98.49% | Buy |
| SHEN | Shenandoah Telecommunications Company | $13.36 | $25.00 | 87.13% | Hold |
| OOMA | Ooma | $14.69 | $24.00 | 63.38% | Buy |
| IDCC | InterDigital | $195.83 | $80.00 | -59.15% | Hold |