Ooma, Inc. (OOMA)

NYSE: OOMA · IEX Real-Time Price · USD
7.06
+0.04 (0.57%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.57%
Market Cap 186.38M
Revenue (ttm) 236.74M
Net Income (ttm) -835,000
Shares Out 26.40M
EPS (ttm) -0.03
PE Ratio n/a
Forward PE 13.68
Dividend n/a
Ex-Dividend Date n/a
Volume 112,964
Open 6.97
Previous Close 7.02
Day's Range 6.91 - 7.10
52-Week Range 6.86 - 15.66
Beta 0.81
Analysts Strong Buy
Price Target 15.50 (+119.55%)
Earnings Date May 21, 2024

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. It also provides Ooma AirDial, a plain old telephone service; PureVoice HD, a residential phone services; Ooma basic that provides u... [Read more]

IPO Date Jul 17, 2015
Employees 454
Stock Exchange NYSE
Ticker Symbol OOMA
Full Company Profile

Financial Performance

In 2023, Ooma, Inc.'s revenue was $236.74 million, an increase of 9.52% compared to the previous year's $216.17 million. Losses were -$835,000, -77.15% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for OOMA stock is "Strong Buy." The 12-month stock price forecast is $15.5, which is an increase of 119.55% from the latest price.

Price Target
$15.5
(119.55% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ooma Office Wins PCMag 2024 Business Choice Award For VoIP Service

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the company's Ooma Office phone service has won PCMag's prestigious Busine...

3 days ago - Business Wire

Ooma Reports Fourth Quarter and Fiscal Year 2024 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal fourth quarter and year ended...

6 weeks ago - Business Wire

Ooma AirDial MultiPath Technology Wins 2024 TMC Internet Telephony Product of the Year Award

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that MultiPath technology for Ooma AirDial® has won the 2024 TMC Internet ...

7 weeks ago - Business Wire

Ooma Schedules Release of Fourth Quarter & Fiscal 2024 Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the fourth quarter and fiscal year...

2 months ago - Business Wire

Ooma to Virtually Host Investor Meetings via the 26th Annual Needham Growth Conference on January 16

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: The 26th Annual...

3 months ago - Business Wire

Ooma Office Business Phone Service Now Integrates with Legal Practice Management Leader, Clio

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma Office Business Phone Service Now Integrates with Legal Practice Management Leader, Clio.

4 months ago - Business Wire

Ooma Reports Fiscal Third Quarter 2024 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal third quarter ended October 3...

4 months ago - Business Wire

Ooma Adds Patented MultiPath Technology to Ooma AirDial, Allowing Uninterrupted Backup for POTS Replacement

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that the Ooma AirDial® solution for POTS replacement now incorporates Ooma...

5 months ago - Business Wire

2600Hz, an Ooma Company, Wins Best White Label Solution Award from UC Today

SUNNYVALE, Calif.--(BUSINESS WIRE)--The Kazoo communications solution from 2600Hz, an Ooma company, has been named Best White Label Solution in the UC Partner Awards 2023 from UC Today.

5 months ago - Business Wire

Ooma Schedules Release of Third Quarter Fiscal 2024 Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the third quarter ended October 31...

5 months ago - Business Wire

Certinia, a Leader in Professional Services Automation, Selects Ooma Enterprise for Call Centers Across the Globe

SUNNYVALE, Calif.--(BUSINESS WIRE)--Certinia, a Leader in Professional Services Automation, Selects Ooma Enterprise for Call Centers Across the Globe.

5 months ago - Business Wire

Viking Electronics Recommends Ooma AirDial to its Customers Seeking POTS Replacement

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., today announced that Viking Electronics, after extensive testing, is recommending Ooma AirDial® to its customers seeking POTS replacement.

5 months ago - Business Wire

Top 4 Tech And Telecom Stocks That May Explode This Month - Iridium Comms (NASDAQ:IRDM), IAC (NASDAQ:IAC)

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: IACIRDMZIP
6 months ago - Benzinga

Ooma Acquires 2600Hz, Inc., A Leader in Communications Applications For Service Providers

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that it has acquired 2600Hz, Inc., a leader in modern and flexible busines...

6 months ago - Business Wire

Ooma Expands to Asia Pacific Region in Support of The World's Largest Provider of Hybrid Work Solutions, IWG plc

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced the company has expanded into the Asia Pacific region in support of its la...

6 months ago - Business Wire

TouchTone Communications to Offer Ooma AirDial for POTS Replacement to Solve Unique Challenges in the Alarm Monitoring Channel

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that TouchTone Communications (www.touchtone.net), an integrated communica...

7 months ago - Business Wire

Elevator World Magazine Names Ooma Best Communication System Supplier, Recognizing Ooma AirDial for POTS Replacement

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that Elevator World magazine, the leading media voice in the vertical tran...

7 months ago - Business Wire

Ooma to Virtually Host Investor Meetings via the Northland Capital Markets Institutional Investor Conference on September 19

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today announced the following conference participation: What: The Northland C...

8 months ago - Business Wire

Ooma Reports Fiscal Second Quarter 2024 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal second quarter ended July 31,...

8 months ago - Business Wire

Ooma Services Joins Prologis' Strategic Alliance ProgramTM

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced that Prologis Inc., the global leader in logistics real estate, will offer...

8 months ago - Business Wire

Ooma Office Business Communications Service Adds Powerful Selling and Collaboration Features

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced it has added powerful selling and collaboration features to its Ooma Offic...

8 months ago - Business Wire

Ooma Schedules Release of Second Quarter Fiscal 2024 Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, plans to release its financial results for the second quarter ended July 31, ...

9 months ago - Business Wire

Ooma AirDial Now Available Through UScellular Business as a Turnkey Solution to Aging Analog Phone Lines

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma AirDial is now available through UScellular Business as a turnkey solution for its customers seeking to replace analog phone lines.

9 months ago - Business Wire

Ooma Reports Fiscal First Quarter 2024 Financial Results

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc. (NYSE: OOMA), a smart communications platform for businesses and consumers, today released financial results for the fiscal first quarter ended April 30,...

11 months ago - Business Wire

Ooma and NexHealth Partner to Help Dental Practices Make Patient Phone Calls More Personal

SUNNYVALE, Calif.--(BUSINESS WIRE)--Ooma, Inc., a smart communications platform for businesses and consumers, today announced a partnership with NexHealth, the leading patient experience platform, to ...

11 months ago - Business Wire