
Ooma (OOMA) Stock Forecast & Price Target
Ooma (OOMA) Analyst Ratings
Bulls say
Ooma Inc reported product and other revenue of $5.2 million, reflecting a 14% year-over-year increase, surpassing both the consensus estimate of $5.1 million and the analyst's estimate of $5.0 million. The company provided guidance for total revenue between $67.2 million and $67.9 million, which indicates a year-over-year growth of 3-4%, alongside an expectation for non-GAAP EPS in the range of $0.22 to $0.23, exceeding prior estimates. Furthermore, the reported revenue of $66.4 million, consistent with consensus expectations, demonstrates Ooma's capability to perform in line with growth projections while maintaining operational stability.
Bears say
Ooma Inc's non-GAAP gross margin of 62.0% fell short of both market consensus at 62.6% and the company’s own estimate of 63.3%, indicating potential inefficiencies or cost pressures. The stock has experienced a decline of 14% year to date, reflecting broader market concerns or investor sentiment. Additionally, a 1.9% drop since the recent earnings report suggests ongoing negative reactions from the market regarding the company’s financial performance.
This aggregate rating is based on analysts' research of Ooma and is not a guaranteed prediction by Public.com or investment advice.
Ooma (OOMA) Analyst Forecast & Price Prediction
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