Ooma, Inc. (OOMA)
NYSE: OOMA · IEX Real-Time Price · USD
9.89
-0.13 (-1.30%)
At close: Jul 19, 2024, 4:00 PM
13.47
+3.58 (36.16%)
After-hours: Jul 20, 2024, 1:23 PM EDT
Ooma, Inc. Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Ooma, Inc. stock have an average target of 14.67, with a low estimate of 14.5 and a high estimate of 15. The average target predicts an increase of 48.33% from the current stock price of 9.89.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for Ooma, Inc. stock from 3 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $18 → $15 | Strong Buy | Maintains | $18 → $15 | +51.67% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $19 → $15 | Strong Buy | Reiterates | $19 → $15 | +46.61% | Mar 6, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +46.61% | Mar 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +102.22% | Oct 24, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +92.11% | Aug 24, 2023 |
Financial Forecast
Revenue This Year
257.00M
from 236.74M
Increased by 8.56%
Revenue Next Year
275.23M
from 257.00M
Increased by 7.09%
EPS This Year
0.58
from -0.03
EPS Next Year
0.65
from 0.58
Increased by 12.32%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 265.6M | 285.3M | 308.0M | 332.3M | 356.5M |
| Avg | 257.0M | 275.2M | 299.2M | 322.8M | 346.3M |
| Low | 246.4M | 262.0M | 287.4M | 310.2M | 332.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 11.0% | 11.9% | 11.1% | 10.4% |
| Avg | 8.6% | 7.1% | 8.7% | 7.9% | 7.3% |
| Low | 4.1% | 1.9% | 4.4% | 3.7% | 3.1% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.61 | 0.71 | 0.95 | 1.25 | 1.56 |
| Avg | 0.58 | 0.65 | 0.92 | 1.21 | 1.52 |
| Low | 0.55 | 0.58 | 0.88 | 1.17 | 1.46 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 23.4% | 45.4% | 36.1% | 28.9% |
| Avg | - | 12.3% | 41.2% | 32.2% | 25.2% |
| Low | - | 0.3% | 35.7% | 27.0% | 20.3% |
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.