Ooma FY2026 EPS Forecast Increased by Lake Street Capital

Ooma, Inc. (NYSE:OOMA) – Investment analysts at Lake Street Capital lifted their FY2026 earnings estimates for shares of Ooma in a research note issued to investors on Tuesday, December 9th. Lake Street Capital analyst E. Martinuzzi now anticipates that the technology company will earn $0.45 per share for the year, up from their prior forecast of $0.34. Lake Street Capital currently has a “Buy” rating and a $18.00 price target on the stock. The consensus estimate for Ooma’s current full-year earnings is ($0.06) per share. Lake Street Capital also issued estimates for Ooma’s Q4 2026 earnings at $0.16 EPS, Q1 2027 earnings at $0.14 EPS, Q2 2027 earnings at $0.16 EPS, Q3 2027 earnings at $0.16 EPS, Q4 2027 earnings at $0.20 EPS and FY2027 earnings at $0.69 EPS.

Ooma (NYSE:OOMA) last announced its quarterly earnings results on Monday, December 8th. The technology company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.05. Ooma had a return on equity of 10.81% and a net margin of 0.85%.The company had revenue of $67.63 million during the quarter, compared to the consensus estimate of $67.58 million. Ooma has set its FY 2026 guidance at 1.000-1.020 EPS and its Q4 2026 guidance at 0.300-0.320 EPS.

Several other equities research analysts have also recently commented on the stock. JMP Securities reaffirmed a “market perform” rating on shares of Ooma in a research report on Wednesday, August 27th. Benchmark restated a “buy” rating on shares of Ooma in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.00.

Ooma Stock Up 4.3%

Ooma stock opened at $11.90 on Friday. The company has a 50 day moving average of $11.34 and a 200-day moving average of $12.02. Ooma has a twelve month low of $9.79 and a twelve month high of $15.65. The stock has a market capitalization of $328.30 million, a PE ratio of 169.93 and a beta of 1.34.

Institutional Investors Weigh In On Ooma

A number of large investors have recently added to or reduced their stakes in the stock. New York State Teachers Retirement System raised its stake in shares of Ooma by 2,188.0% in the second quarter. New York State Teachers Retirement System now owns 2,288 shares of the technology company’s stock worth $30,000 after purchasing an additional 2,188 shares during the last quarter. Versant Capital Management Inc grew its holdings in Ooma by 465.3% during the 3rd quarter. Versant Capital Management Inc now owns 2,589 shares of the technology company’s stock valued at $31,000 after buying an additional 2,131 shares in the last quarter. CWM LLC increased its holdings in shares of Ooma by 50.5% in the third quarter. CWM LLC now owns 3,022 shares of the technology company’s stock worth $36,000 after purchasing an additional 1,014 shares during the period. Tower Research Capital LLC TRC boosted its position in shares of Ooma by 225.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock valued at $47,000 after acquiring an additional 2,507 shares during the last quarter. Finally, Lazard Asset Management LLC raised its position in shares of Ooma by 503.1% during the 2nd quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company’s stock valued at $63,000 after buying an additional 4,110 shares in the last quarter. Institutional investors and hedge funds own 80.42% 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.