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 94.81% upside from OOMA’s last price of $12.32) 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 94.81% upside from OOMA's last price of $12.32.
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% | 94.81% |
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 94.81% increase from OOMA last price ($12.32).
Ooma Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $12.32 | $12.32 | $12.32 |
| 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 $12.32. 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 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 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $37.34M | - | $34.72M | - |
| Avg Forecast | $69.53M | $68.26M | $67.09M | $65.64M | $64.04M | $64.28M | $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 | $35.65M | $33.61M | $33.21M | $40.29M |
| High Forecast | $70.50M | $69.21M | $68.02M | $66.56M | $64.93M | $64.40M | $62.71M | $61.81M | $61.46M | $59.60M | $58.68M | $57.31M | $57.18M | $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 | $36.00M | $33.94M | $33.54M | $48.35M |
| Low Forecast | $68.60M | $67.35M | $66.19M | $64.76M | $63.16M | $63.94M | $62.71M | $61.81M | $61.46M | $59.31M | $57.10M | $55.77M | $55.64M | $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 | $35.27M | $33.25M | $32.86M | $32.23M |
| # Analysts | 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 | 2 | 2 | 2 | 7 |
| 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% | 1.05% | - | 1.05% | - |
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 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 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 2 | 2 | 2 | 7 |
| 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 | $-4.00M | - | $-2.84M | - |
| Avg Forecast | $-695.44K | $-682.76K | $-671.04K | $-656.55K | $-640.49K | $-642.94K | $-627.23K | $3.37M | $-614.75K | $-594.59K | $-578.85K | $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 | $-356.55K | $-3.58M | $-332.21K | $-3.13M |
| High Forecast | $-686.11K | $-673.59K | $-662.03K | $-647.73K | $-631.69K | $-639.54K | $-627.23K | $4.05M | $-614.75K | $-593.19K | $-571.08K | $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 | $-352.73K | $-2.87M | $-328.65K | $-2.50M |
| Low Forecast | $-705.11K | $-692.24K | $-680.37K | $-665.67K | $-649.39K | $-644.14K | $-627.23K | $2.70M | $-614.75K | $-596.09K | $-586.90K | $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 | $-360.07K | $-4.30M | $-335.49K | $-3.76M |
| Surprise % | - | - | - | - | - | - | - | - | -1.53% | -2.65% | -4.55% | - | 3.42% | 0.47% | -0.67% | - | -7.97% | -1.62% | -1.43% | - | -1.30% | -1.39% | -17.65% | - | 4.16% | 15.10% | 11.20% | - | 8.56% | - |
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 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 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 2 | 2 | 2 | 7 |
| 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 | $-4.98M | - | $-3.49M | - |
| Avg Forecast | $4.91M | $4.51M | $4.05M | $3.85M | $3.72M | $4.14M | $3.60M | $-83.85K | $3.23M | $3.96M | $3.78M | $-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 | $-1.64M | $-4.40M | $-1.50M | $-3.66M |
| High Forecast | $5.00M | $4.60M | $4.12M | $3.92M | $4.25M | $4.21M | $3.60M | $-67.08K | $3.24M | $4.48M | $3.84M | $-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 | $-1.61M | $-3.52M | $-1.48M | $-2.93M |
| Low Forecast | $4.83M | $4.44M | $3.98M | $3.78M | $3.19M | $3.88M | $3.59M | $-100.62K | $3.23M | $3.43M | $3.71M | $-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 | $-1.66M | $-5.28M | $-1.52M | $-4.39M |
| Surprise % | - | - | - | - | - | - | - | - | -0.95% | 0.58% | 0.07% | - | 1.65% | -0.92% | 0.13% | - | -0.03% | -0.14% | -0.19% | - | -0.23% | -0.20% | 0.23% | - | -10.80% | 5.29% | 3.04% | - | 2.32% | - |
Ooma's average Quarter net income forecast for Jan 24 is $3.23M, with a range of $3.23M to $3.24M. OOMA's average Quarter net income forecast represents a 41.41% increase compared to the company's last Quarter net income of $2.29M (Oct 23).
Ooma SG&A Forecast
| 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 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 2 | 2 | 2 | 7 |
| 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 | $18.00M | - | $15.19M | - |
| Avg Forecast | $30.57M | $30.01M | $29.50M | $28.86M | $28.15M | $28.26M | $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 | $15.67M | $19.14M | $14.60M | $16.81M |
| High Forecast | $30.99M | $30.43M | $29.91M | $29.26M | $28.55M | $28.31M | $27.57M | $21.27M | $27.02M | $26.20M | $25.80M | $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 | $15.83M | $22.97M | $14.75M | $20.18M |
| Low Forecast | $30.16M | $29.61M | $29.10M | $28.47M | $27.77M | $28.11M | $27.57M | $14.18M | $27.02M | $26.08M | $25.10M | $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 | $15.51M | $15.31M | $14.45M | $13.45M |
| 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% | 1.15% | - | 1.04% | - |
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 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 | Jul 19 | May 19 | Jan 19 | May 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 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 | 2 | 2 | 2 | 7 |
| 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 | $-0.24 | - | $-0.17 | - |
| Avg Forecast | $0.18 | $0.17 | $0.15 | $0.14 | $0.14 | $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 | $-0.06 | $-0.05 | $-0.06 | $-0.05 |
| High Forecast | $0.19 | $0.17 | $0.16 | $0.15 | $0.16 | $0.16 | $0.14 | $0.12 | $0.12 | $0.17 | $0.14 | $0.14 | $0.15 | $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 | $-0.06 | $-0.05 | $-0.06 | $-0.04 |
| Low Forecast | $0.18 | $0.17 | $0.15 | $0.14 | $0.12 | $0.15 | $0.14 | $0.11 | $0.12 | $0.13 | $0.14 | $0.13 | $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 | $-0.06 | $-0.05 | $-0.06 | $-0.06 |
| 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% | 3.89% | - | 3.00% | - |
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 | $364.04 | $1.02K | 180.65% | Buy |
| ATNI | ATN | $19.92 | $40.00 | 100.80% | Strong Buy |
| OOMA | Ooma | $12.32 | $24.00 | 94.81% | Buy |
| SHEN | Shenandoah Telecommunications Company | $14.25 | $25.00 | 75.44% | Hold |
| LBRDA | Liberty Broadband | $91.15 | $158.00 | 73.34% | Buy |
| IDCC | InterDigital | $165.93 | $80.00 | -51.79% | Hold |
OOMA Forecast FAQ
Is Ooma a good buy?
Yes, according to 3 Wall Street analysts, Ooma (OOMA) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of OOMA's total ratings.
What is OOMA's price target?
Ooma (OOMA) average price target is $24 with a range of $24 to $24, implying a 94.81% from its last price of $12.32. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Ooma stock go up soon?
According to Wall Street analysts' prediction for OOMA stock, the company can go up by 94.81% (from the last price of $12.32 to the average price target of $24), up by 94.81% based on the highest stock price target, and up by 94.81% based on the lowest stock price target.
Can Ooma stock reach $20?
OOMA's average twelve months analyst stock price target of $24 supports the claim that Ooma can reach $20 in the near future.
What are Ooma's analysts' financial forecasts?
Ooma's analysts financial forecasts for the fiscal year (Jan 2025) are as follows: average revenue is $252.84M (high $253.85M, low $251.62M), average EBITDA is $1.46M (high $2.15M, low $778.12K), average net income is $11.37M (high $11.99M, low $10.55M), average SG&A $101.72M (high $105.71M, low $97.63M), and average EPS is $0.545 (high $0.57, low $0.513). OOMA's analysts financial forecasts for the fiscal year (Jan 2026) are as follows: average revenue is $270.53M (high $274.29M, low $266.9M), average EBITDA is $-2.706M (high $-2.669M, low $-2.743M), average net income is $17.33M (high $17.64M, low $17.03M), average SG&A $118.94M (high $120.59M, low $117.34M), and average EPS is $0.652 (high $0.664, low $0.641).
Did the OOMA's actual financial results beat the analysts' financial forecasts?
Based on Ooma's last annual report (Jan 2024), the company's revenue was $236.74M, beating the average analysts forecast of $235.32M by 0.60%. Apple's EBITDA was $6.99M, beating the average prediction of $1.28M by 446.88%. The company's net income was $-835K, missing the average estimation of $10.89M by -107.67%. Apple's SG&A was $101.3M, beating the average forecast of $94.72M by 6.94%. Lastly, the company's EPS was $-0.0327, missing the average prediction of $0.549 by -105.95%. In terms of the last quarterly report (Jan 2024), Ooma's revenue was $61.68M, beating the average analysts' forecast of $61.46M by 0.35%. The company's EBITDA was $940K, missing the average prediction of $-615K by -252.91%. Ooma's net income was $-3.065M, missing the average estimation of $3.23M by -194.86%. The company's SG&A was $26.46M, missing the average forecast of $27.02M by -2.08%. Lastly, the company's EPS was $-0.12, missing the average prediction of $0.122 by -198.63%