Ooma (OOMA)
Market Price (8/6/2026): $21.42 | Market Cap: $588.9 MilSector: Information Technology | Industry: Application Software
Ooma (OOMA)
Market Price (8/6/2026): $21.42Market Cap: $588.9 MilSector: Information TechnologyIndustry: Application Software
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% Low stock price volatilityVol 12M is 43% Megatrend and thematic driversMegatrends include Cloud Computing, and Digital Health & Telemedicine. Themes include Software as a Service (SaaS), and Telehealth Platforms. | Trading close to highsDist 52W High is -2.9%, Dist 3Y High is -2.9% Weak multi-year price returns3Y Excs Rtn is -25% | Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% Key risksOOMA key risks include [1] challenges in successfully integrating recent acquisitions like FluentStream and Phone.com and [2] difficulty attracting and retaining customers, Show more. |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Low stock price volatilityVol 12M is 43% |
| Megatrend and thematic driversMegatrends include Cloud Computing, and Digital Health & Telemedicine. Themes include Software as a Service (SaaS), and Telehealth Platforms. |
| Trading close to highsDist 52W High is -2.9%, Dist 3Y High is -2.9% |
| Weak multi-year price returns3Y Excs Rtn is -25% |
| Yield minus risk free rate is negativeERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -2.7% |
| Key risksOOMA key risks include [1] challenges in successfully integrating recent acquisitions like FluentStream and Phone.com and [2] difficulty attracting and retaining customers, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Ooma (OOMA) stock has gained about 30% since 4/30/2026 because of the following key factors:
1. Ooma's exceptional financial performance in fiscal Q1 2027, which ended April 30, 2026, significantly exceeded analyst expectations. The company reported total revenue of $81.1 million, a 25% increase year-over-year. Non-GAAP earnings per share (EPS) reached $0.35, surpassing analysts' consensus estimate of $0.29 by 20.69%. Furthermore, Ooma achieved GAAP net income of $2.6 million, reversing a prior-year loss, and nearly doubled its Adjusted EBITDA to $11.8 million from $6.7 million. This strong beat on key financial metrics signaled robust underlying business health and growth.
2. Strategic acquisitions of FluentStream and Phone.com contributed significantly to revenue growth and business expansion. These acquisitions, completed in Ooma's fiscal Q4 2026, added $11.5 million to the fiscal Q1 2027 revenue, with $11.2 million specifically from business subscription revenue. This integration bolstered Ooma Business, driving the subscription and services revenue to $74.6 million and demonstrating the company's successful strategy to expand its higher-value business customer base.
Show more
Ooma (OOMA) stock has gained about 30% since 4/30/2026 because of the following key factors:
1. Ooma's exceptional financial performance in fiscal Q1 2027, which ended April 30, 2026, significantly exceeded analyst expectations. The company reported total revenue of $81.1 million, a 25% increase year-over-year. Non-GAAP earnings per share (EPS) reached $0.35, surpassing analysts' consensus estimate of $0.29 by 20.69%. Furthermore, Ooma achieved GAAP net income of $2.6 million, reversing a prior-year loss, and nearly doubled its Adjusted EBITDA to $11.8 million from $6.7 million. This strong beat on key financial metrics signaled robust underlying business health and growth.
2. Strategic acquisitions of FluentStream and Phone.com contributed significantly to revenue growth and business expansion. These acquisitions, completed in Ooma's fiscal Q4 2026, added $11.5 million to the fiscal Q1 2027 revenue, with $11.2 million specifically from business subscription revenue. This integration bolstered Ooma Business, driving the subscription and services revenue to $74.6 million and demonstrating the company's successful strategy to expand its higher-value business customer base.
3. Positive analyst sentiment and increased price targets followed the strong earnings report. After the fiscal Q1 2027 results were announced, several Wall Street analysts reiterated or upgraded their ratings and raised their price targets for OOMA. For example, Lake Street Capital increased its price target from $18.00 to $23.00, and Benchmark raised its target from $23.00 to $24.00 around May 27, 2026. The consensus rating for Ooma shifted to a "Moderate Buy" with an average price target of $22.33, indicating confidence in future performance.
4. The introduction of new product innovations and industry recognition enhanced Ooma's market position. In May 2026, Ooma launched "Ooma AI" to improve business call management and customer experiences. Additionally, the company received Frost & Sullivan's 2026 North American Competitive Strategy Leadership Recognition for its Voice over Internet Protocol (POTS)-replacement solutions, particularly for its Ooma AirDial product. These developments highlighted Ooma's commitment to innovation and its leadership in critical communication segments.
Show less
Stock Movement Drivers
Fundamental Drivers
The 31.7% change in OOMA stock from 4/30/2026 to 8/5/2026 was primarily driven by a 34.2% change in the company's Net Income Margin (%).| (LTM values as of) | 4302026 | 8052026 | Change |
|---|---|---|---|
| Stock Price ($) | 16.32 | 21.49 | 31.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 274 | 290 | 5.9% |
| Net Income Margin (%) | 2.4% | 3.2% | 34.2% |
| P/E Multiple | 69.8 | 64.4 | -7.8% |
| Shares Outstanding (Mil) | 28 | 27 | 0.4% |
| Cumulative Contribution | 31.7% |
Market Drivers
4/30/2026 to 8/5/2026| Return | Correlation | |
|---|---|---|
| OOMA | 31.7% | |
| Market (SPY) | 7.1% | 0.5% |
| Sector (XLK) | 16.6% | -14.9% |
Fundamental Drivers
The 82.9% change in OOMA stock from 1/31/2026 to 8/5/2026 was primarily driven by a 272.7% change in the company's Net Income Margin (%).| (LTM values as of) | 1312026 | 8052026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.75 | 21.49 | 82.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 264 | 290 | 9.7% |
| Net Income Margin (%) | 0.9% | 3.2% | 272.7% |
| P/E Multiple | 144.5 | 64.4 | -55.5% |
| Shares Outstanding (Mil) | 28 | 27 | 0.5% |
| Cumulative Contribution | 82.9% |
Market Drivers
1/31/2026 to 8/5/2026| Return | Correlation | |
|---|---|---|
| OOMA | 82.9% | |
| Market (SPY) | 11.5% | 11.4% |
| Sector (XLK) | 29.4% | -0.3% |
Fundamental Drivers
The 88.8% change in OOMA stock from 7/31/2025 to 8/5/2026 was primarily driven by a 69.4% change in the company's P/S Multiple.| (LTM values as of) | 7312025 | 8052026 | Change |
|---|---|---|---|
| Stock Price ($) | 11.38 | 21.49 | 88.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 259 | 290 | 11.7% |
| P/S Multiple | 1.2 | 2.0 | 69.4% |
| Shares Outstanding (Mil) | 27 | 27 | -0.2% |
| Cumulative Contribution | 88.8% |
Market Drivers
7/31/2025 to 8/5/2026| Return | Correlation | |
|---|---|---|
| OOMA | 88.8% | |
| Market (SPY) | 22.8% | 20.1% |
| Sector (XLK) | 42.1% | 8.1% |
Fundamental Drivers
The 43.3% change in OOMA stock from 7/31/2023 to 8/5/2026 was primarily driven by a 30.1% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 7312023 | 8052026 | Change |
|---|---|---|---|
| Stock Price ($) | 15.00 | 21.49 | 43.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 223 | 290 | 30.1% |
| P/S Multiple | 1.7 | 2.0 | 20.2% |
| Shares Outstanding (Mil) | 25 | 27 | -8.4% |
| Cumulative Contribution | 43.3% |
Market Drivers
7/31/2023 to 8/5/2026| Return | Correlation | |
|---|---|---|
| OOMA | 43.3% | |
| Market (SPY) | 74.1% | 25.3% |
| Sector (XLK) | 112.4% | 17.4% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| OOMA Return | 42% | -33% | -21% | 31% | -17% | 84% | 50% |
| Peers Return | -44% | -67% | -6% | -9% | -20% | 78% | -78% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 13% | 106% |
Monthly Win Rates [3] | |||||||
| OOMA Win Rate | 58% | 42% | 42% | 58% | 50% | 88% | |
| Peers Win Rate | 35% | 25% | 50% | 45% | 52% | 65% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| OOMA Max Drawdown | -29% | -47% | -36% | -42% | -32% | -14% | |
| Peers Max Drawdown | -56% | -77% | -50% | -42% | -44% | -36% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RNG, ZM, EGHT, FIVN, BAND.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/5/2026 (YTD)
How Low Can It Go
| Event | OOMA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.3% | -18.8% |
| % Gain to Breakeven | 28.6% | 23.1% |
| Time to Breakeven | 359 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -12.4% | -7.8% |
| % Gain to Breakeven | 14.1% | 8.5% |
| Time to Breakeven | 14 days | 18 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.3% | -9.5% |
| % Gain to Breakeven | 45.5% | 10.5% |
| Time to Breakeven | 348 days | 24 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -10.9% | -6.7% |
| % Gain to Breakeven | 12.3% | 7.1% |
| Time to Breakeven | 8 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -47.1% | -24.5% |
| % Gain to Breakeven | 89.0% | 32.4% |
| Time to Breakeven | 1495 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.5% | -33.7% |
| % Gain to Breakeven | 74.0% | 50.9% |
| Time to Breakeven | 70 days | 140 days |
In The Past
Ooma's stock fell -22.3% during the 2025 US Tariff Shock. Such a loss loss requires a 28.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | OOMA | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -22.3% | -18.8% |
| % Gain to Breakeven | 28.6% | 23.1% |
| Time to Breakeven | 359 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -31.3% | -9.5% |
| % Gain to Breakeven | 45.5% | 10.5% |
| Time to Breakeven | 348 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -47.1% | -24.5% |
| % Gain to Breakeven | 89.0% | 32.4% |
| Time to Breakeven | 1495 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -42.5% | -33.7% |
| % Gain to Breakeven | 74.0% | 50.9% |
| Time to Breakeven | 70 days | 140 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -44.7% | -12.2% |
| % Gain to Breakeven | 81.0% | 13.9% |
| Time to Breakeven | 384 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -45.8% | -6.8% |
| % Gain to Breakeven | 84.7% | 7.3% |
| Time to Breakeven | 463 days | 15 days |
In The Past
Ooma's stock fell -22.3% during the 2025 US Tariff Shock. Such a loss loss requires a 28.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Ooma (OOMA)
Ooma, Inc. (OOMA) is a communications service and technology provider operating in the United States and Canada. The company offers a comprehensive suite of solutions, catering to both business and consumer segments by providing cloud-based communication systems, internet connectivity, and related services.
For businesses, Ooma's primary offerings include Ooma Office, a cloud-based multi-user communications system for small and medium-sized businesses, which can be upgraded to Ooma Office Pro for advanced features like video meetings and call recording. Additionally, Ooma provides Ooma Connect for fixed wireless internet, Ooma Managed Wi-Fi for enterprise-grade solutions, and Ooma Enterprise for unified-communications-as-a-service. A notable business product is Ooma AirDial, designed to replace plain old telephone service (POTS) lines.
On the consumer front, Ooma is known for its Ooma Telo home communications solution, which serves as a primary phone line with unlimited calling features and optional upgrades like Ooma Premier. The company also offers residential phone services like PureVoice HD, mobile applications such as Ooma Mobile HD and Talkatone, and a home security and monitoring platform called Ooma Smart Security, all aimed at individuals and households seeking reliable and feature-rich communication and smart home services.
AI Analysis | Feedback
1. Think of it as **RingCentral** or **8x8** for small to medium businesses, providing cloud-based phone and communication systems.
2. It's like a more advanced, feature-rich **MagicJack** for your home phone, that also provides comprehensive cloud communication solutions for businesses.
AI Analysis | Feedback
- Ooma Office (including Pro): Cloud-based multi-user communication systems for small and medium-sized businesses, offering advanced features like video meetings and call recording.
- Ooma Enterprise: A unified-communications-as-a-service (UCaaS) solution designed for larger businesses.
- Ooma Connect: Provides fixed wireless internet connectivity.
- Ooma Managed Wi-Fi: A plug-and-play enterprise-grade Wi-Fi solution.
- Ooma AirDial: A plain old telephone service (POTS) replacement solution.
- Ooma Telo (including Basic, Premier, 4G, Air): Home communication solutions serving as primary residential phone lines with various features and connectivity options.
- Ooma Smart Security: A security and monitoring platform for homes.
- Talkatone mobile app: A mobile application that enables users to make calls and send messages.
AI Analysis | Feedback
- Small and Medium-sized Businesses (SMBs): This segment utilizes Ooma's cloud-based multi-user communication systems (Ooma Office, Ooma Office Pro), fixed wireless internet connectivity (Ooma Connect), enterprise-grade Wi-Fi solutions (Ooma Managed Wi-Fi), and plain old telephone service replacements (Ooma AirDial).
- Enterprise Customers: Larger organizations are served by Ooma Enterprise, a unified-communications-as-a-service solution.
- Residential Consumers/Individuals: This customer base relies on Ooma for home communication solutions such as Ooma Telo, Ooma Premier, and PureVoice HD residential phone services, as well as home security and monitoring through Ooma Smart Security, and mobile communication via apps like Ooma Mobile HD and Talkatone.
AI Analysis | Feedback
AI Analysis | Feedback
Eric Stang, Chief Executive Officer
Eric Stang has served as Ooma's President, Chief Executive Officer, and a member of its Board of Directors since January 2009, and as Chairman of the board since December 2014. Prior to joining Ooma, he was President and CEO of Reliant Technologies, a medical technology company, from 2006 to 2008. From 2001 to 2006, Mr. Stang was Chairman, President, and CEO of Lexar Media, Inc., a solid-state memory products company. Under his leadership, Lexar grew from a small private company to one of the 50 largest public technology companies in Silicon Valley with revenues exceeding $850 million, before its acquisition by Micron Technology. He has also held senior roles at Raychem, Monitor Company, and McKinsey & Company. He serves on the Board of Directors of Rambus Inc. and Avalanche Technology, Inc., and previously served on the boards of InvenSense, Inc. (acquired 2017) and Solta Medical (acquired).
Shig Hamamatsu, Chief Financial Officer
Shig Hamamatsu was appointed Vice President, Chief Financial Officer, and Treasurer of Ooma, effective September 7, 2021. Before joining Ooma, he served as CFO of Accuray, a publicly traded medical device provider, from November 2018 to July 2021. Mr. Hamamatsu's career includes senior financial roles at several technology companies. He was VP, Corporate Controller at Cepheid, a publicly traded molecular diagnostics company that was acquired by Danaher Corporation. He also held positions as VP, Finance & Corporate Controller at Cypress Semiconductor Corporation, and VP, Finance at RPX Corporation. He began his career as an auditor at PricewaterhouseCoopers LLP.
Jim Gustke, SVP, Marketing
Jim Gustke has been Vice President of Marketing at Ooma, Inc. since August 2010. He is responsible for all aspects of marketing and customer acquisition for the company.
Toby Farrand, SVP, Engineering and Operations
Toby Farrand serves as Ooma's Senior Vice President of Engineering and Operations. He has held the position of Vice President of Engineering and Operations at Ooma Inc since June 2006.
Jenny Yeh, SVP, Chief Legal Officer & Corporate Secretary
Jenny Yeh has been Ooma's Senior Vice President and Chief Legal Officer since December 2024, and previously served as Senior Vice President and General Counsel since December 2018. She has also been a member of the Ooma Board of Directors since January 2021. Ms. Yeh oversees all of the company's legal and regulatory affairs. Her background includes serving as Senior Vice President & General Counsel at Sphere 3D Corp. and as a senior legal advisory team member at General Electric, where she led multi-billion dollar transactions.
AI Analysis | Feedback
Key Risks to Ooma's Business
- Intense Competition: Ooma operates in a highly competitive Unified Communications as a Service (UCaaS) and business Voice over Internet Protocol (VoIP) market. The company faces significant competition from established players like RingCentral, Nextiva, Dialpad, Microsoft (Teams), Zoom (Zoom Phone), and Google Voice. These competitors often have greater scale, brand recognition, more extensive resources for research and development, and the ability to bundle communication services, which can put considerable pressure on Ooma's market share and profitability.
- Need for Continuous Innovation and Adapting to Technological Advancements: The telecommunications and UCaaS industries are characterized by rapid technological evolution, including the increasing integration of artificial intelligence (AI). Ooma must continuously innovate, integrate advanced AI capabilities, and expand its service offerings (such as UCaaS, Contact Center as a Service (CCaaS), and Communications Platform as a Service (CPaaS)) to remain competitive and meet evolving customer demands. Failure to keep pace with these advancements poses a continuous risk to the company's relevance and market position.
- Customer Acquisition and Retention Challenges, and Service Quality: Ooma faces challenges in cost-effectively acquiring new users and retaining existing ones in its competitive landscape. Some users have reported issues with call quality and customer support, as well as limitations in third-party integrations, particularly on lower-tier plans. Customer feedback has occasionally highlighted difficulties in resolving technical or service issues, which can impact customer loyalty and trust. Additionally, Ooma's pricing structure for business services may not be scalable for growing businesses due to extra fees and limited features, potentially leading to increased churn, especially among small business customers.
AI Analysis | Feedback
AI Analysis | Feedback
Ooma, Inc. (OOMA) participates in several significant addressable markets through its diverse product and service offerings in both business and residential sectors.
Business Products and Services (Ooma Office, Ooma Enterprise, UCaaS, Cloud Communications for SMBs)
Ooma Office and Ooma Enterprise contribute to the Unified Communications as a Service (UCaaS) and broader cloud communications market for small to medium-sized businesses (SMBs) and larger enterprises. The global UCaaS market was valued at approximately USD 66.42 billion in 2025 and is projected to reach USD 276.9 billion by 2034. Another estimate places the global UCaaS market at USD 115.31 billion in 2025, growing to USD 1122.52 billion by 2034. For the U.S. specifically, the UCaaS market size was valued at USD 15.76 billion in 2023 and is projected to grow to USD 114.15 billion by 2032. North America held the largest share of the global UCaaS market, with a value of USD 21.10 billion in 2023 and USD 24.33 billion in 2024.
The global cloud services market for SMBs was approximately USD 78.9 billion in 2025 and is expected to reach USD 132.653 billion by 2033. North America accounted for 38.30% of this market share in 2025. Similarly, cloud spending by SMBs in North America is projected to grow from USD 92 billion in 2025 to USD 186 billion in 2030.
Ooma AirDial (POTS Replacement)
Ooma AirDial addresses the Plain Old Telephone Service (POTS) replacement market. In the U.S., the number of active POTS lines decreased from 122 million in 2010 to 41 million in 2019, and further to 36 million in 2021. Business and government POTS line usage in the U.S. declined by 50% between 2019 and 2024, from an estimated 20.8 million lines to 10.39 million lines. The Federal Communications Commission (FCC) has issued orders enabling the decommissioning of legacy copper networks, driving demand for alternatives like AirDial.
Ooma Connect (Fixed Wireless Internet Connectivity)
Ooma Connect operates within the Fixed Wireless Access (FWA) market. The global FWA market size was valued at USD 42.61 billion in 2025 and is projected to reach USD 164.77 billion by 2034. Other estimates for the global FWA market include USD 74.89 billion in 2023, growing to USD 256.75 billion by 2031, and USD 183.78 billion in 2025, reaching USD 1,115.98 billion by 2033. North America is a significant region in this market, holding a 35.6% share in 2025 and valued at USD 24.90 billion in 2023 with a 33.24% share. The U.S. FWA market is anticipated to reach USD 10.42 billion in 2026.
Ooma Managed Wi-Fi
The global Managed Wi-Fi Solutions market was estimated at USD 20.21 billion in 2024 and is projected to grow to USD 67.15 billion by 2035. Another source indicates a global market size of USD 8.55 billion in 2026, expanding to USD 20.48 billion by 2035. North America is the largest market for Managed Wi-Fi Solutions, holding approximately 45% of the global market share.
Ooma Telo (Residential VoIP Services)
Ooma Telo serves the residential Voice over Internet Protocol (VoIP) services market. The global residential VoIP services market is projected to grow from USD 27.68 billion in 2025 to USD 81.46 billion by 2035. North America is the leading region for residential VoIP services, holding a 35% market share in 2024. The overall U.S. VoIP market was valued at USD 46.57 billion in 2024.
AI Analysis | Feedback
Expected Drivers of Future Revenue Growth for Ooma (OOMA)
Ooma, Inc. (OOMA) is anticipated to drive future revenue growth over the next two to three years through several key initiatives focusing on its business services, strategic acquisitions, and market expansion. First, the continued **growth in Ooma Business and its associated services revenue** is a primary driver. The company has consistently reported strong year-over-year increases in its business subscription and services revenue, driven by user growth. This segment is a core focus, with investments in feature expansion and customer growth. Second, **strategic acquisitions** are expected to contribute significantly to revenue growth. Recent acquisitions, such as 2600Hz, FluentStream, and Phone.com, have been noted for adding meaningful revenue, particularly in the business segment, and expanding sales channels. These integrations are aimed at shifting more of Ooma's business toward higher-margin subscription services. Third, the **expansion of Ooma AirDial**, driven by the ongoing replacement of Plain Old Telephone Service (POTS) lines, is a strong growth catalyst. The demand for AirDial is increasing due to rising prices and the planned shutdown of traditional copper lines by carriers. Ooma has reported record levels of new AirDial lines added and increased customer bookings in this segment. Fourth, the increasing adoption of **higher-tier business services, specifically Ooma Office Pro and Pro Plus**, is expected to boost revenue. These premium services offer advanced features and contribute to an increase in the blended average monthly subscription and services revenue per core user (ARPU). The healthy take rate of these higher-tier services by new Ooma Office users indicates a positive trend for revenue generation. Finally, **new reseller partnerships and international expansion** are anticipated to broaden Ooma's market reach. The company is actively investing in the development of new reseller partnerships and exploring new market opportunities, including the launch of AirDial in Canada. These efforts are part of a broader strategy to expand the business and drive profitable growth.AI Analysis | Feedback
Share Repurchases
- Ooma authorized a common stock repurchase program of up to $4.0 million in June 2024, which was increased by an additional $10.0 million in December 2024, totaling $14.0 million.
- In fiscal year 2026, Ooma made payments for repurchases of common stock totaling $11.627 million.
- The company also repurchased shares for tax withholdings on vesting of restricted stock units, amounting to $5.132 million in fiscal year 2026, $4.410 million in fiscal year 2025, and $3.968 million in fiscal year 2024.
Share Issuance
- Ooma reported $3.0 million in common shares issued in fiscal year 2026.
- The CEO and CFO sold shares in June 2025, and there has been significant insider selling observed over the past three months as of March 2026.
Outbound Investments
- In November 2025, Ooma acquired Phone.com for approximately $23.2 million in cash to expand its UCaaS footprint in the SMB market.
- Also in November 2025, Ooma acquired FluentStream Corp., a provider of enterprise-grade business phone services.
- In October 2023, Ooma acquired 2600Hz, Inc. for $33 million, enhancing its integrated business services with Call Center, CPaaS, and AI capabilities.
Capital Expenditures
- Ooma's capital expenditures were $6.4 million in fiscal year 2025 and $6.2 million in fiscal year 2024.
- For the first nine months of fiscal year 2026, capital expenditures were $4.011 million.
- These capital expenditures primarily focus on supporting business growth and expanding Ooma's smart communications platform.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| Ooma Earnings Notes | 12/16/2025 | |
| Ooma Stock Lost 15%, Buy Or Wait? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 37.64 |
| Mkt Cap | 1.9 |
| Rev LTM | 1,001 |
| Op Inc LTM | 36 |
| FCF LTM | 122 |
| FCF 3Y Avg | 88 |
| CFO LTM | 170 |
| CFO 3Y Avg | 130 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.2% |
| Rev Chg 3Y Avg | 8.1% |
| Rev Chg Q | 7.5% |
| QoQ Delta Rev Chg LTM | 1.8% |
| Op Inc Chg LTM | 101.0% |
| Op Inc Chg 3Y Avg | 101.0% |
| Op Mgn LTM | 3.6% |
| Op Mgn 3Y Avg | 0.2% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 16.2% |
| CFO/Rev 3Y Avg | 13.8% |
| FCF/Rev LTM | 11.8% |
| FCF/Rev 3Y Avg | 9.2% |
Price Behavior
| Market Price | $21.49 | |
| Market Cap ($ Bil) | 0.6 | |
| First Trading Date | 07/17/2015 | |
| Distance from 52W High | -2.9% | |
| 50 Days | 200 Days | |
| DMA Price | $19.00 | $14.65 |
| DMA Trend | up | up |
| Distance from DMA | 13.1% | 46.7% |
| 3M | 1YR | |
| Volatility | 43.8% | 42.8% |
| Downside Capture | -12.84 | 58.05 |
| Upside Capture | 52.02 | 117.00 |
| Correlation (SPY) | -1.7% | 19.0% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.64 | 0.02 | 0.07 | 0.37 | 0.70 | 0.72 |
| Up Beta | -3.36 | -0.67 | -0.83 | -0.13 | 0.64 | 0.58 |
| Down Beta | 1.38 | 0.52 | -0.19 | 0.07 | 0.14 | 0.81 |
| Up Capture | 263% | 75% | 112% | 140% | 139% | 49% |
| Bmk +ve Days | 11 | 22 | 35 | 67 | 138 | 427 |
| Stock +ve Days | 13 | 25 | 37 | 76 | 135 | 379 |
| Down Capture | 60% | -68% | -21% | -2% | 71% | 92% |
| Bmk -ve Days | 11 | 21 | 28 | 59 | 114 | 326 |
| Stock -ve Days | 9 | 18 | 26 | 50 | 116 | 367 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OOMA | |
|---|---|---|---|---|
| OOMA | 89.5% | 42.8% | 1.61 | - |
| Sector ETF (XLK) | 42.5% | 25.9% | 1.33 | 7.1% |
| Equity (SPY) | 23.1% | 12.9% | 1.34 | 18.8% |
| Gold (GLD) | 25.4% | 28.3% | 0.79 | -9.5% |
| Commodities (DBC) | 29.5% | 19.8% | 1.19 | -14.6% |
| Real Estate (VNQ) | 14.4% | 13.7% | 0.74 | 18.1% |
| Bitcoin (BTCUSD) | -44.6% | 42.9% | -1.25 | 12.6% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OOMA | |
|---|---|---|---|---|
| OOMA | 3.0% | 42.5% | 0.19 | - |
| Sector ETF (XLK) | 20.4% | 25.8% | 0.70 | 25.4% |
| Equity (SPY) | 13.4% | 17.2% | 0.60 | 31.4% |
| Gold (GLD) | 18.2% | 18.6% | 0.79 | 1.0% |
| Commodities (DBC) | 8.1% | 19.6% | 0.31 | 1.9% |
| Real Estate (VNQ) | 2.5% | 18.9% | 0.03 | 30.4% |
| Bitcoin (BTCUSD) | 9.9% | 53.0% | 0.37 | 19.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with OOMA | |
|---|---|---|---|---|
| OOMA | 9.6% | 46.4% | 0.37 | - |
| Sector ETF (XLK) | 24.6% | 24.9% | 0.89 | 26.2% |
| Equity (SPY) | 15.3% | 17.9% | 0.73 | 32.1% |
| Gold (GLD) | 12.0% | 16.2% | 0.60 | 1.7% |
| Commodities (DBC) | 7.1% | 18.0% | 0.31 | 10.1% |
| Real Estate (VNQ) | 4.9% | 20.7% | 0.20 | 30.0% |
| Bitcoin (BTCUSD) | 58.2% | 66.2% | 0.98 | 11.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 6/29/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/26/2026 | -9.5% | -8.4% | -8.9% |
| 3/4/2026 | 11.6% | 8.5% | 13.2% |
| 12/8/2025 | -15.0% | -7.6% | -7.5% |
| 8/26/2025 | 8.0% | 5.4% | 1.6% |
| 5/28/2025 | 1.0% | -3.1% | -6.1% |
| 3/4/2025 | 2.3% | -1.0% | -3.3% |
| 12/4/2024 | 4.4% | 0.0% | -9.2% |
| 8/27/2024 | 24.9% | 19.9% | 29.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 8 |
| # Negative | 11 | 10 | 16 |
| Median Positive | 8.2% | 4.3% | 14.6% |
| Median Negative | -4.1% | -8.0% | -6.9% |
| Max Positive | 24.9% | 19.9% | 29.5% |
| Max Negative | -15.0% | -16.5% | -19.9% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/26/2026 | -9.5% | -8.4% | -8.9% |
| 3/4/2026 | 11.6% | 8.5% | 13.2% |
| 12/8/2025 | -15.0% | -7.6% | -7.5% |
| 8/26/2025 | 8.0% | 5.4% | 1.6% |
| 5/28/2025 | 1.0% | -3.1% | -6.1% |
| 3/4/2025 | 2.3% | -1.0% | -3.3% |
| 12/4/2024 | 4.4% | 0.0% | -9.2% |
| 8/27/2024 | 24.9% | 19.9% | 29.5% |
| 5/28/2024 | 8.2% | 10.1% | 20.5% |
| 3/5/2024 | -11.8% | -11.4% | -17.1% |
| 12/5/2023 | -9.3% | -16.5% | -11.4% |
| 8/23/2023 | 0.1% | 2.9% | -5.6% |
| 5/23/2023 | -2.9% | 1.8% | 11.4% |
| 3/2/2023 | -0.9% | -5.2% | -5.9% |
| 11/30/2022 | -2.3% | -7.6% | -13.5% |
| 9/1/2022 | 8.3% | 6.2% | 16.0% |
| 5/24/2022 | 0.9% | 3.2% | -10.9% |
| 3/3/2022 | -11.3% | -11.9% | -6.4% |
| 12/2/2021 | -1.6% | 1.5% | 9.0% |
| 9/2/2021 | 14.6% | 9.9% | -2.0% |
| 5/26/2021 | 16.0% | 17.9% | 28.3% |
| 3/1/2021 | -0.2% | 0.6% | -3.9% |
| 11/19/2020 | 8.6% | 2.8% | -1.5% |
| 8/25/2020 | -4.1% | -13.1% | -19.9% |
| SUMMARY STATS | |||
| # Positive | 13 | 14 | 8 |
| # Negative | 11 | 10 | 16 |
| Median Positive | 8.2% | 4.3% | 14.6% |
| Median Negative | -4.1% | -8.0% | -6.9% |
| Max Positive | 24.9% | 19.9% | 29.5% |
| Max Negative | -15.0% | -16.5% | -19.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/05/2026 | 10-Q |
| 01/31/2026 | 04/03/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/01/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 04/02/2024 | 10-K |
| 10/31/2023 | 12/08/2023 | 10-Q |
| 07/31/2023 | 09/08/2023 | 10-Q |
| 04/30/2023 | 06/08/2023 | 10-Q |
| 01/31/2023 | 04/07/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 04/30/2026 | 06/05/2026 | 10-Q |
| 01/31/2026 | 04/03/2026 | 10-K |
| 10/31/2025 | 12/09/2025 | 10-Q |
| 07/31/2025 | 09/05/2025 | 10-Q |
| 04/30/2025 | 06/09/2025 | 10-Q |
| 01/31/2025 | 04/01/2025 | 10-K |
| 10/31/2024 | 12/10/2024 | 10-Q |
| 07/31/2024 | 09/06/2024 | 10-Q |
| 04/30/2024 | 06/07/2024 | 10-Q |
| 01/31/2024 | 04/02/2024 | 10-K |
| 10/31/2023 | 12/08/2023 | 10-Q |
| 07/31/2023 | 09/08/2023 | 10-Q |
| 04/30/2023 | 06/08/2023 | 10-Q |
| 01/31/2023 | 04/07/2023 | 10-K |
| 10/31/2022 | 12/09/2022 | 10-Q |
| 07/31/2022 | 09/08/2022 | 10-Q |
| 04/30/2022 | 06/08/2022 | 10-Q |
| 01/31/2022 | 04/08/2022 | 10-K |
| 10/31/2021 | 12/08/2021 | 10-Q |
| 07/31/2021 | 09/08/2021 | 10-Q |
| 04/30/2021 | 06/09/2021 | 10-Q |
| 01/31/2021 | 04/07/2021 | 10-K |
| 10/31/2020 | 12/04/2020 | 10-Q |
| 07/31/2020 | 09/04/2020 | 10-Q |
| 04/30/2020 | 06/09/2020 | 10-Q |
| 01/31/2020 | 04/14/2020 | 10-K |
| 10/31/2019 | 12/06/2019 | 10-Q |
| 07/31/2019 | 09/09/2019 | 10-Q |
Recent Forward Guidance
Updated 7/27/2026Latest: Q1 2027 Earnings Reported 5/26/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2027 Revenue | 81.60 Mil | 81.95 Mil | 82.30 Mil | 2.4% | Higher New | Guidance: 80.00 Mil for Q1 2027 | |
| Q2 2027 GAAP Net Income | 2.70 Mil | 2.90 Mil | 3.10 Mil | 16.0% | Higher New | Guidance: 2.50 Mil for Q1 2027 | |
| Q2 2027 GAAP EPS | 0.1 | 0.1 | 0.11 | 16.7% | Higher New | Guidance: 0.09 for Q1 2027 | |
| Q2 2027 Non-GAAP Net Income | 9.40 Mil | 9.60 Mil | 9.80 Mil | 6.7% | Higher New | Guidance: 9.00 Mil for Q1 2027 | |
| Q2 2027 Non-GAAP EPS | 0.33 | 0.34 | 0.34 | 4.7% | Higher New | Guidance: 0.32 for Q1 2027 | |
| 2027 Revenue | 326.00 Mil | 327.25 Mil | 328.50 Mil | 1.3% | Raised | Guidance: 323.00 Mil for 2027 | |
| 2027 GAAP Net Income | 10.50 Mil | 11.25 Mil | 12.00 Mil | 11.9% | Raised | Guidance: 10.05 Mil for 2027 | |
| 2027 GAAP EPS | 0.37 | 0.4 | 0.42 | 11.3% | Raised | Guidance: 0.35 for 2027 | |
| 2027 Non-GAAP Net Income | 37.50 Mil | 38.25 Mil | 39.00 Mil | 5.5% | Raised | Guidance: 36.25 Mil for 2027 | |
| 2027 Non-GAAP EPS | 1.29 | 1.31 | 1.34 | 2.3% | Raised | Guidance: 1.28 for 2027 | |
Prior: Q4 2026 Earnings Reported 3/4/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2027 Revenue | 79.60 Mil | 80.00 Mil | 80.40 Mil | 11.7% | Higher New | Actual: 71.60 Mil for Q4 2026 | |
| Q1 2027 GAAP Net Income | 2.30 Mil | 2.50 Mil | 2.70 Mil | ||||
| Q1 2027 GAAP EPS | 0.08 | 0.09 | 0.1 | ||||
| Q1 2027 Non-GAAP Net Income | 8.80 Mil | 9.00 Mil | 9.20 Mil | 4.0% | Higher New | Actual: 8.65 Mil for Q4 2026 | |
| Q1 2027 Non-GAAP EPS | 0.31 | 0.32 | 0.33 | 3.2% | Higher New | Actual: 0.31 for Q4 2026 | |
| 2027 Revenue | 321.00 Mil | 323.00 Mil | 325.00 Mil | 19.4% | Higher New | Actual: 270.60 Mil for 2026 | |
| 2027 GAAP Net Income | 9.30 Mil | 10.05 Mil | 10.80 Mil | ||||
| 2027 GAAP EPS | 0.33 | 0.35 | 0.38 | ||||
| 2027 Non-GAAP Net Income | 35.50 Mil | 36.25 Mil | 37.00 Mil | 27.4% | Higher New | Actual: 28.45 Mil for 2026 | |
| 2027 Non-GAAP EPS | 1.26 | 1.28 | 1.31 | 27.2% | Higher New | Actual: 1.01 for 2026 | |
Q3 2026 Earnings Reported 12/8/2025
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q4 2026 Revenue | 71.30 Mil | 71.60 Mil | 71.90 Mil | ||||
| Q4 2026 Non-GAAP Net Income | 8.40 Mil | 8.65 Mil | 8.90 Mil | ||||
| Q4 2026 EPS | 0.3 | 0.31 | 0.32 | ||||
| 2026 Revenue | 270.30 Mil | 270.60 Mil | 270.90 Mil | 0.8% | Raised | Guidance: 268.50 Mil for 2026 | |
| 2026 Non-GAAP Net Income | 28.20 Mil | 28.45 Mil | 28.70 Mil | 14.9% | Raised | Guidance: 24.75 Mil for 2026 | |
| 2026 EPS | 1 | 1.01 | 1.02 | 14.8% | Raised | Guidance: 0.88 for 2026 | |
Insider Activity
Updated 7/30/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7302026 | 22.00 | 1,757 | 38,654 | 5,689,530 | Form |
| 2 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7202026 | 21.00 | 1,762 | 37,002 | 5,467,812 | Form |
| 3 | Stang, Eric B | CEO and Pres. | Direct | Sell | 7112026 | 20.00 | 23,212 | 464,240 | 15,910,120 | Form |
| 4 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7082026 | 20.03 | 2,481 | 49,687 | 5,249,810 | Form |
| 5 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7022026 | 19.57 | 12,840 | 251,298 | 5,178,912 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7302026 | 22.00 | 1,757 | 38,654 | 5,689,530 | Form |
| 2 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7202026 | 21.00 | 1,762 | 37,002 | 5,467,812 | Form |
| 3 | Stang, Eric B | CEO and Pres. | Direct | Sell | 7112026 | 20.00 | 23,212 | 464,240 | 15,910,120 | Form |
| 4 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7082026 | 20.03 | 2,481 | 49,687 | 5,249,810 | Form |
| 5 | Yeh, Jenny C | SVP & Chief Legal Officer | Direct | Sell | 7022026 | 19.57 | 12,840 | 251,298 | 5,178,912 | Form |
| 6 | Stang, Eric B | CEO and Pres. | Direct | Sell | 6262026 | 18.50 | 27,666 | 511,821 | 15,146,283 | Form |
| 7 | Mann, Russell | Direct | Sell | 6242026 | 18.35 | 20,000 | 367,014 | 2,130,791 | Form | |
| 8 | Pearce, William D | Direct | Sell | 6112026 | 17.98 | 3,000 | 53,940 | 3,266,103 | Form | |
| 9 | Hamamatsu, Shigeyuki | Chief Financial Officer | Direct | Sell | 6032026 | 17.64 | 27,696 | 488,557 | 3,409,512 | Form |
| 10 | Stang, Eric B | CEO and Pres. | the Eric Stang & Pamela Stang TR UA 09/02/2004 Stang Family Trust | Sell | 3262026 | 14.00 | 7,417 | 103,838 | 17,214,120 | Form |
| 11 | Hamamatsu, Shigeyuki | Chief Financial Officer | Direct | Sell | 3092026 | 14.22 | 10,790 | 153,411 | 3,286,155 | Form |
| 12 | Stang, Eric B | CEO and Pres. | Direct | Sell | 9052025 | 12.85 | 19,265 | 247,519 | 8,848,859 | Form |
| 13 | Hamamatsu, Shigeyuki | Chief Financial Officer | Direct | Sell | 9052025 | 12.89 | 7,335 | 94,519 | 2,473,751 | Form |
Investor Activity (13F)
Updated Aug 6, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
| Active Manager |
|---|
Ooma — Investor Video Playlist
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Application Software Resources |
| Capterra |
| Software Advice |
| InfoWorld |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.