Ooma, Inc. (OOMA)
NYSE: OOMA · Real-Time Price · USD
14.37
-0.04 (-0.28%)
Dec 20, 2024, 4:00 PM EST - Market closed
Ooma, Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Ooma, Inc. stock have an average target of 16.6, with a low estimate of 14.5 and a high estimate of 18. The average target predicts an increase of 15.52% from the current stock price of 14.37.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Ooma, Inc. stock from 6 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Buy | 1 | 0 | 0 | 0 | 0 | 1 |
| Hold | 0 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 6 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Lake Street | Lake Street | Strong Buy Maintains $14 → $18 | Strong Buy | Maintains | $14 → $18 | +25.26% | Dec 5, 2024 |
| Northland Capital Markets | Northland Capital Markets | Buy Maintains $16 → $18 | Buy | Maintains | $16 → $18 | +25.26% | Dec 5, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $15 → $17 | Strong Buy | Maintains | $15 → $17 | +18.30% | Dec 3, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Maintains $15 → $16 | Strong Buy | Maintains | $15 → $16 | +7.86% | Nov 25, 2024 |
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 28, 2024 |
Financial Forecast
Revenue This Year
261.59M
from 236.74M
Increased by 10.50%
Revenue Next Year
277.51M
from 261.59M
Increased by 6.09%
EPS This Year
0.62
from -0.03
EPS Next Year
0.71
from 0.62
Increased by 13.51%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 269.5M | 289.8M | 317.5M | ||
| Avg | 261.6M | 277.5M | 299.5M | ||
| Low | 251.2M | 264.6M | 279.3M |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 13.8% | 10.8% | 14.4% | ||
| Avg | 10.5% | 6.1% | 7.9% | ||
| Low | 6.1% | 1.2% | 0.6% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 0.65 | 0.84 | 1.12 | ||
| Avg | 0.62 | 0.71 | 0.80 | ||
| Low | 0.60 | 0.63 | 0.58 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | - | 34.4% | 58.4% | ||
| Avg | - | 13.5% | 12.5% | ||
| Low | - | 0.4% | -18.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.