Ooma (NYSE:OOMA) Updates Q3 2027 Earnings Guidance

Posted by Brenda Bartman on Aug 28th, 2026

Ooma (NYSE:OOMA – Get Free Report) issued an update on its third quarter 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.340-0.350 for the period, compared to the consensus estimate of 0.290. The company issued revenue guidance of $83.7 million-$84.5 million, compared to the consensus revenue estimate of $81.9 million. Ooma also updated its FY 2027 guidance to 1.350-1.380 EPS.

Ooma Stock Performance

OOMA stock opened at $23.07 on Friday. Ooma has a twelve month low of $9.79 and a twelve month high of $26.19. The firm has a market cap of $634.51 million, a price-to-earnings ratio of 60.72 and a beta of 1.19. The business’s fifty day simple moving average is $20.33 and its two-hundred day simple moving average is $17.13. 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 (NYSE:OOMA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The technology company reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Ooma had a return on equity of 23.89% and a net margin of 3.57%.The firm had revenue of $83.23 million during the quarter, compared to analyst estimates of $81.72 million. Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. Analysts predict that Ooma will post 0.8 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on OOMA. Benchmark reaffirmed a “buy” rating on shares of Ooma in a research report on Monday, August 17th. UBS Group reaffirmed a “buy” rating on shares of Ooma in a report on Thursday. Citigroup reiterated a “market perform” rating on shares of Ooma in a research report on Wednesday, May 27th. Alliance Global Partners reiterated a “buy” rating on shares of Ooma in a research note on Thursday. Finally, B. Riley Financial lifted their price target on Ooma from $24.00 to $27.00 and gave the company a “buy” rating in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Ooma presently has a consensus rating of “Moderate Buy” and an average price target of $25.00.

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Insiders Place Their Bets

In other Ooma news, Director Russell Mann sold 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $18.35, for a total transaction of $367,000.00. Following the sale, the director owned 116,115 shares of the company’s stock, valued at approximately $2,130,710.25. This trade represents a 14.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director William D. Pearce sold 3,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $17.98, for a total transaction of $53,940.00. Following the completion of the transaction, the director directly owned 181,652 shares in the company, valued at $3,266,102.96. This trade represents a 1.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 118,652 shares of company stock valued at $2,225,186. Corporate insiders own 9.90% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. IFC & Insurance Marketing Inc. acquired a new position in Ooma in the fourth quarter valued at $34,000. Tower Research Capital LLC TRC grew its holdings in Ooma by 225.2% during the second quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company’s stock worth $47,000 after acquiring an additional 2,507 shares during the period. Royal Bank of Canada raised its position in Ooma by 24.1% in the fourth quarter. Royal Bank of Canada now owns 4,466 shares of the technology company’s stock worth $53,000 after acquiring an additional 867 shares in the last quarter. Lazard Asset Management LLC lifted its holdings in Ooma by 503.1% in the second quarter. Lazard Asset Management LLC now owns 4,927 shares of the technology company’s stock valued at $63,000 after acquiring an additional 4,110 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new stake in Ooma during the fourth quarter worth about $59,000. Hedge funds and other institutional investors own 80.42% of the company’s stock.

About Ooma

(Get Free Report)

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.