Ooma (OOMA) Projected to Release Quarterly Earnings on Wednesday

Ooma (NYSE:OOMA) is expected to release its Q2 2027 results after the market closes on Wednesday, August 26th. Analysts expect the company to post earnings of $0.33 per share and revenue of $81.7220 million for the quarter. Ooma has set its FY 2027 guidance at 1.290-1.340 EPS and its Q2 2027 guidance at 0.330-0.340 EPS. Parties can find conference call details on the company’s upcoming Q2 2027 earning overview page for the latest details on the call scheduled for Wednesday, August 26, 2026 at 5:00 PM ET.

Ooma (NYSE:OOMA) last released its quarterly earnings data on Tuesday, May 26th. The technology company reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.03. The company had revenue of $81.15 million for the quarter, compared to analyst estimates of $79.84 million. Ooma had a return on equity of 20.21% and a net margin of 3.17%. On average, analysts expect Ooma to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Ooma Price Performance

Ooma stock opened at $21.95 on Monday. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.94 and a quick ratio of 0.69. The company has a market capitalization of $603.62 million, a PE ratio of 68.60 and a beta of 1.19. Ooma has a one year low of $9.79 and a one year high of $22.72. The business has a 50 day simple moving average of $20.00 and a 200 day simple moving average of $16.85.

Analyst Ratings Changes

OOMA has been the subject of several recent analyst reports. UBS Group set a $24.00 price objective on Ooma in a research note on Wednesday, May 27th. Alliance Global Partners restated a “buy” rating on shares of Ooma in a research note on Wednesday, May 27th. Citigroup reaffirmed a “market perform” rating on shares of Ooma in a report on Wednesday, May 27th. William Blair set a $24.00 target price on shares of Ooma in a report on Monday, August 17th. Finally, Lake Street Capital increased their target price on shares of Ooma from $18.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, May 27th. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $22.75.

Insiders Place Their Bets

In other Ooma 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 value of $488,557.44. Following the transaction, the chief financial officer directly owned 193,283 shares in the company, valued at approximately $3,409,512.12. This trade represents a 12.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Eric B. Stang sold 23,212 shares of Ooma stock in a transaction on Friday, July 10th. The shares were sold at an average price of $20.00, for a total value of $464,240.00. Following the completion of the sale, the chief executive officer directly owned 795,506 shares of the company’s stock, valued at $15,910,120. This trade represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 118,652 shares of company stock valued at $2,225,186 over the last quarter. Company insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On Ooma

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

About Ooma

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.