Ooma, Inc. (OOMA)
NYSE: OOMA · Real-Time Price · USD
11.23
-0.16 (-1.40%)
Oct 3, 2024, 12:52 PM EDT - Market open
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 30.63% from the current stock price of 11.23.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 13, 2024.
Analyst Ratings
The average analyst rating for Ooma, Inc. stock from 4 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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| JMP Securities | JMP Securities | Hold Reiterates n/a | Hold | Reiterates | n/a | n/a | Aug 28, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $18 → $15 | Strong Buy | Maintains | $18 → $15 | +33.57% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $19 → $15 | Strong Buy | Reiterates | $19 → $15 | +29.12% | Mar 6, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +29.12% | Mar 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +78.09% | Oct 24, 2023 |
Financial Forecast
Revenue This Year
260.05M
from 236.74M
Increased by 9.85%
Revenue Next Year
277.20M
from 260.05M
Increased by 6.59%
EPS This Year
0.59
from -0.03
EPS Next Year
0.68
from 0.59
Increased by 14.23%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 268.3M | 289.7M | 289.7M | ||
| Avg | 260.1M | 277.2M | 281.4M | ||
| Low | 248.9M | 263.8M | 270.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 13.3% | 11.4% | 4.5% | ||
| Avg | 9.8% | 6.6% | 1.5% | ||
| Low | 5.1% | 1.5% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.62 | 0.77 | 0.98 | ||
| Avg | 0.59 | 0.68 | 0.78 | ||
| Low | 0.56 | 0.61 | 0.58 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 29.5% | 44.4% | ||
| Avg | - | 14.2% | 14.7% | ||
| Low | - | 2.7% | -14.5% |
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.