Ooma (NYSE:OOMA) Issues FY 2027 Earnings Guidance

Ooma (NYSE:OOMAGet Free Report) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.350-1.380 for the period, compared to the consensus estimate of 1.210. The company issued revenue guidance of $332.0 million-$333.5 million, compared to the consensus revenue estimate of $327.3 million. Ooma also updated its Q3 2027 guidance to 0.340-0.350 EPS.

Ooma Stock Performance

Shares of OOMA opened at $20.53 on Thursday. The firm has a 50-day moving average price of $20.21 and a 200 day moving average price of $17.05. The firm has a market capitalization of $564.58 million, a PE ratio of 64.16 and a beta of 1.19. The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 0.50. Ooma has a 52-week low of $9.79 and a 52-week high of $22.72.

Ooma (NYSE:OOMAGet Free Report) last released its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. The company had revenue of $83.23 million for the quarter, compared to the consensus estimate of $81.72 million. Ooma had a net margin of 3.17% and a return on equity of 20.21%. Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. On average, sell-side analysts anticipate that Ooma will post 0.8 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Lake Street Capital boosted their target price on Ooma from $18.00 to $23.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Benchmark reaffirmed a “buy” rating on shares of Ooma in a research note on Monday, August 17th. Citigroup reaffirmed a “market perform” rating on shares of Ooma in a research note on Wednesday, May 27th. UBS Group set a $24.00 price target on Ooma in a research report on Wednesday, May 27th. Finally, William Blair set a $24.00 price objective on Ooma in a research note on Monday, August 17th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Ooma presently has an average rating of “Moderate Buy” and an average price target of $23.67.

Get Our Latest Stock Analysis on Ooma

Insider Buying and Selling

In other news, CFO Shigeyuki Hamamatsu sold 27,696 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $17.64, for a total transaction of $488,557.44. Following the completion of the sale, the chief financial officer owned 193,283 shares in the company, valued at approximately $3,409,512.12. This represents a 12.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Russell Mann sold 20,000 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $18.35, for a total value of $367,000.00. Following the sale, the director directly owned 116,115 shares of the company’s stock, valued at approximately $2,130,710.25. This represents a 14.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 118,652 shares of company stock valued at $2,225,186 in the last three months. Insiders own 9.90% of the company’s stock.

Trending Headlines about Ooma

Here are the key news stories impacting Ooma this week:

  • Positive Sentiment: Quarterly earnings and revenue beat estimates: Ooma reported adjusted earnings of $0.35 per share, above the $0.33 consensus estimate, while revenue reached approximately $83.2 million versus expectations of $81.7 million. Earnings increased from $0.23 per share a year earlier. Ooma Q2 Earnings and Revenues Top Estimates
  • Positive Sentiment: Strong recurring-revenue growth: Total revenue rose 25% year over year to $83.2 million. Subscription and services revenue increased to $75.6 million from $61.1 million, representing 91% of total revenue and strengthening Ooma’s recurring-revenue profile. Ooma Reports Fiscal Second Quarter 2027 Financial Results
  • Positive Sentiment: Raised guidance is above analyst expectations: Ooma forecast fiscal 2027 earnings of $1.35-$1.38 per share and revenue of $332.0-$333.5 million, exceeding consensus estimates of $1.21 and $327.3 million, respectively. Third-quarter guidance also topped expectations, with projected EPS of $0.34-$0.35 and revenue of $83.7-$84.5 million. Ooma Forecasts Fiscal 2027 EPS and Revenue
  • Positive Sentiment: Brand recognition improved: Ooma was named a top VoIP provider in the 2026 Spiceworks Voice of IT survey, potentially supporting customer acquisition and enterprise credibility. Ooma Named Top VoIP Provider
  • Neutral Sentiment: Investor focus remains on execution: The earnings call and preview coverage centered on whether Ooma can sustain its growth trajectory and convert the raised outlook into results. With shares trading near their 52-week high and at an elevated earnings multiple, further upside may depend on continued guidance increases and operating performance. Ooma Fiscal Q2 2027 Earnings Call Transcript

Hedge Funds Weigh In On Ooma

A number of large investors have recently made changes to their positions in the business. Invesco Ltd. boosted its stake in shares of Ooma by 5.2% during the 4th quarter. Invesco Ltd. now owns 42,896 shares of the technology company’s stock valued at $503,000 after buying an additional 2,116 shares during the period. Mackenzie Financial Corp boosted its position in Ooma by 20.1% during the fourth quarter. Mackenzie Financial Corp now owns 169,937 shares of the technology company’s stock valued at $1,969,000 after purchasing an additional 28,396 shares during the last quarter. NewEdge Advisors LLC grew its stake in Ooma by 9.2% in the fourth quarter. NewEdge Advisors LLC now owns 19,356 shares of the technology company’s stock valued at $227,000 after purchasing an additional 1,627 shares in the last quarter. Man Group plc increased its position in Ooma by 5.1% in the 4th quarter. Man Group plc now owns 18,073 shares of the technology company’s stock worth $212,000 after purchasing an additional 880 shares during the last quarter. Finally, Bridgeway Capital Management LLC acquired a new position in Ooma in the 4th quarter worth about $552,000. Institutional investors and hedge funds own 80.42% of the company’s stock.

Ooma Company Profile

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Ooma, Inc, headquartered in Sunnyvale, California, is a leading provider of communication services for residential and business customers. Since its founding in 2004, Ooma has built a cloud-based platform that leverages Voice over Internet Protocol (VoIP) technology to deliver voice, video and data services over broadband networks. The company went public on the New York Stock Exchange in 2015 under the ticker OOMA and has continued to expand its service portfolio to meet evolving customer demands.

For residential users, Ooma offers an all-in-one home phone service that includes its flagship Telo device, mobile and web applications, and optional smart home security features.

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Earnings History and Estimates for Ooma (NYSE:OOMA)

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