Ooma, Inc. (OOMA)
NYSE: OOMA · IEX Real-Time Price · USD
6.91
-0.15 (-2.12%)
At close: Apr 17, 2024, 4:00 PM
7.03
+0.12 (1.74%)
After-hours: Apr 17, 2024, 7:18 PM EDT
Ooma, Inc. Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for Ooma, Inc. stock have an average target of 15.5, with a low estimate of 14.5 and a high estimate of 18. The average target predicts an increase of 124.31% from the current stock price of 6.91.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Maintains $18 → $15 | Strong Buy | Maintains | $18 → $15 | +117.08% | Mar 13, 2024 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $19 → $15 | Strong Buy | Reiterates | $19 → $15 | +109.84% | Mar 6, 2024 |
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $16 → $15 | Strong Buy | Maintains | $16 → $15 | +109.84% | Mar 6, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $20 | Strong Buy | Reiterates | $20 | +189.44% | Oct 24, 2023 |
| B. Riley Securities | B. Riley Securities | Strong Buy Reiterates $19 | Strong Buy | Reiterates | $19 | +174.96% | Aug 24, 2023 |
Financial Forecast
Revenue This Year
256.40M
from 236.74M
Increased by 8.31%
Revenue Next Year
277.32M
from 256.40M
Increased by 8.16%
EPS This Year
0.54
from -0.03
EPS Next Year
0.63
from 0.54
Increased by 15.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 265.7M | 289.6M | 309.7M | 344.1M | 368.2M |
| Avg | 256.4M | 277.3M | 300.8M | 334.2M | 357.7M |
| Low | 245.3M | 264.1M | 289.0M | 321.1M | 343.6M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.2% | 12.9% | 11.7% | 14.4% | 10.2% |
| Avg | 8.3% | 8.2% | 8.5% | 11.1% | 7.0% |
| Low | 3.6% | 3.0% | 4.2% | 6.8% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.57 | 0.70 | 0.93 | 1.63 | 1.80 |
| Avg | 0.54 | 0.63 | 0.75 | 1.58 | 1.74 |
| Low | 0.51 | 0.57 | 0.58 | 1.52 | 1.68 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 29.8% | 48.6% | 115.6% | 13.6% |
| Avg | - | 16.0% | 20.1% | 109.5% | 10.3% |
| Low | - | 4.8% | -8.0% | 101.2% | 6.0% |
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.