NYSE:OOMA - Ooma Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $22.88
  • Forecasted Upside: 37.22 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$16.67
▲ +0.39 (2.40%)
1 month | 3 months | 12 months
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Analyst Price Target for OOMA

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$22.88
▲ +37.22% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Ooma in the last 3 months. The average price target is $22.88, with a high forecast of $24.00 and a low forecast of $22.00. The average price target represents a 37.22% upside from the last price of $16.67.
Buy
The current consensus among 6 investment analysts is to buy stock in Ooma. This rating has held steady since September 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
6/1/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
8/30/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 2 sell ratings
11/28/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 2 sell ratings
2/26/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 2 sell ratings
5/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 2 sell ratings
8/24/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/23/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/22/2020

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/20/2020B. RileyBoost Price Target$22.00 ➝ $23.50Low
i
11/20/2020Alliance Global PartnersBoost Price Target$22.00 ➝ $24.00Low
i
8/26/2020Northland SecuritiesReiterated RatingBuy$22.00High
i
Rating by Michael Latimore at Northland Securities
7/22/2020BenchmarkInitiated CoverageBuy$22.00Low
i
7/10/2020Northland SecuritiesBoost Price TargetOutperform$19.00 ➝ $22.00Medium
i
3/16/2020Alliance Global PartnersInitiated CoverageBuy$21.00High
i
3/6/2020B. RileyBoost Price TargetBuy$21.50 ➝ $22.00High
i
Rating by Josh Nichols at B. Riley
2/26/2020B. RileyReiterated RatingBuy$21.50Low
i
Rating by Josh Nichols at B. Riley
11/24/2019William BlairReiterated RatingBuyHigh
i
11/24/2019Credit Suisse GroupReiterated RatingNeutral ➝ HoldHigh
i
11/22/2019Northland SecuritiesReiterated RatingBuy$19.00High
i
11/18/2019B. RileyReiterated RatingBuy$20.50Medium
i
Rating by Josh Nichols at B. Riley
9/30/2019CitigroupDowngradeNeutral ➝ UnderperformMedium
i
9/30/2019Bank of AmericaDowngradeNeutral ➝ UnderperformMedium
i
8/28/2019B. RileyReiterated RatingBuyMedium
i
Rating by J. Nichols at B. Riley
8/28/2019Credit Suisse GroupLower Price TargetNeutral$17.00 ➝ $15.00High
i
5/22/2019Northland SecuritiesReiterated RatingBuy$18.00High
i
3/6/2019B. RileyBoost Price TargetBuy ➝ Buy$20.00 ➝ $20.50Low
i
3/6/2019JMP SecuritiesReiterated RatingBuy$20.00Medium
i
11/28/2018William BlairUpgradeMarket Perform ➝ OutperformHigh
i
Rating by B. Suri at William Blair
8/23/2018B. RileyBoost Price TargetBuy ➝ Buy$15.50 ➝ $20.00Low
i
8/10/2018Credit Suisse GroupInitiated CoverageNeutral$13.00Low
i
5/23/2018B. RileyBoost Price TargetBuy ➝ Buy$14.00 ➝ $15.50Medium
i
3/7/2018Northland SecuritiesReiterated RatingBuy$15.00High
i
3/7/2018Credit Suisse GroupReiterated RatingNeutral ➝ Neutral$12.00 ➝ $13.00Low
i
3/7/2018B. RileyBoost Price TargetBuy ➝ Buy$13.00 ➝ $14.00High
i
3/7/2018Bank of AmericaUpgradeUnderperform ➝ Neutral$14.00High
i
12/1/2017Northland SecuritiesReiterated RatingBuy$13.00Medium
i
11/29/2017B. RileyReiterated RatingBuy$13.00High
i
10/4/2017Northland SecuritiesReiterated RatingBuy$10.75Low
i
9/1/2017B. RileyReiterated RatingBuy$13.00Medium
i
8/26/2017B. RileyReiterated RatingBuy$13.00High
i
8/25/2017Northland SecuritiesSet Price TargetBuy$11.00High
i
8/21/2017B. RileyReiterated RatingBuy$13.00Low
i
7/28/2017Northland SecuritiesSet Price TargetBuy$11.00High
i
6/27/2017Northland SecuritiesInitiated CoverageOutperform$10.50Medium
i
5/28/2017B. RileyReiterated RatingBuy$13.00High
i
5/24/2017William BlairDowngradeOutperform ➝ Market PerformHigh
i
Rating by B. Suri at William Blair
5/24/2017Bank of AmericaDowngradeBuy ➝ UnderperformHigh
i
5/24/2017Credit Suisse GroupDowngradeOutperform ➝ Neutral$16.00 ➝ $12.00High
i
5/23/2017B. RileyReiterated RatingBuy$15.50Low
i
5/18/2017B. RileyReiterated RatingBuy$15.50Low
i
3/11/2017B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
3/8/2017Credit Suisse GroupBoost Price TargetOutperform$12.00 ➝ $16.00High
i
3/6/2017B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
3/1/2017B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
12/3/2016B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
11/28/2016B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
11/23/2016B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
10/30/2016B. RileyReiterated RatingBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
10/25/2016B. RileyInitiated CoverageBuy$15.50N/A
i
Rating by J. Nichols at B. Riley
8/31/2016Credit Suisse GroupReiterated RatingBuyN/A
i
8/31/2016Bank of AmericaReiterated RatingBuy$12.00N/A
i
8/31/2016JMP SecuritiesBoost Price TargetMarket Outperform$12.00 ➝ $14.00N/A
i
5/31/2016Credit Suisse GroupReiterated RatingBuyN/A
i
3/11/2016WunderlichLower Price TargetBuy$17.00 ➝ $15.00N/A
i
3/11/2016Credit Suisse GroupLower Price TargetOutperform$13.00 ➝ $12.00N/A
i
12/2/2015JMP SecuritiesLower Price TargetMarket Outperform$16.00 ➝ $14.00N/A
i
12/2/2015Credit Suisse GroupLower Price TargetOutperform$21.00 ➝ $13.00N/A
i
(Data available from 11/23/2015 forward)
Ooma logo
Ooma, Inc. creates connected experiences for businesses and consumers in the United States, Canada, and internationally. The company's smart cloud-based software-as-a-service and unified-communications-as-a-service (UCaaS) platforms serve as a communications hub, which offers cloud-based communications solutions, smart security, and other connected services. Its business and residential solutions deliver PureVoice high-definition voice quality, advanced functionality, and integration with mobile devices; and platform helps to create smart workplace and homes by offering communications, monitoring, security, automation, productivity, and networking infrastructure applications. The company's products and services include Ooma Office, a multi-user communications system for small and medium-sized businesses; Ooma Office Mobile HD app to make, receive, and transfer phone calls; Ooma Office Pro that offers services, including call recording, enhanced call blocking, voicemail transcription, and support for overhead paging systems for businesses; and Ooma Enterprise, an UCaaS offering. It also provides Ooma Telo, a home communications solution designed to serve as the primary phone line in the home; Ooma Telo 4G. a solution that provides home phone and internet service; Ooma Telo Air, a solution that connects to the Internet wirelessly using the home's Wi-Fi network and can be paired with mobile phones to answer incoming mobile calls from any phone in the home; and Ooma HD3 cordless handset. In addition, the company offers Ooma Premier Service, a suite of advanced calling features to enhance the capabilities of Ooma Telo; and Ooma Mobile HD app that allows users to make and receive phone calls and access Ooma features and settings with iOS or Android device over a Wi-Fi or cellular data connection. Further, it provides Ooma Smart Security, a security and monitoring platform; and Talkatone mobile app. The company offers its products through direct sales, distributors, retailers, and resellers, as well as online. Ooma, Inc. was incorporated in 2003 and is headquartered in Sunnyvale, California.
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Today's Range

Now: $16.67
$16.34
$16.98

50 Day Range

MA: $14.06
$13.06
$14.99

52 Week Range

Now: $16.67
$7.45
$19.18

Volume

3,408 shs

Average Volume

190,413 shs

Market Capitalization

$373.41 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.45