Were Analysts Bearish Ooma, Inc. (NYSE:OOMA) This Week?

June 17, 2018 - By Adrian Mccoy

Ooma, Inc. (NYSE:OOMA) Logo

Ooma, Inc. (NYSE:OOMA) Ratings Coverage

Among 4 analysts covering Ooma (NYSE:OOMA), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Ooma had 4 analyst reports since March 7, 2018 according to SRatingsIntel. Credit Suisse maintained the stock with “Neutral” rating in Wednesday, March 7 report. The company was maintained on Wednesday, March 7 by Northland Capital. FBR Capital maintained the stock with “Buy” rating in Wednesday, May 23 report. The stock has “Neutral” rating by Bank of America on Wednesday, March 7. Below is a list of Ooma, Inc. (NYSE:OOMA) latest ratings and price target changes.

23/05/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $14 New Target: $15.5 Maintain
07/03/2018 Broker: Northland Capital Rating: Buy New Target: $15.0 Maintain
07/03/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $12 New Target: $13 Maintain
07/03/2018 Broker: Bank of America Old Rating: Underperform New Rating: Neutral Upgrade

The stock increased 1.23% or $0.15 during the last trading session, reaching $12.35. About 165,252 shares traded or 191.14% up from the average. Ooma, Inc. (NYSE:OOMA) has risen 42.94% since June 17, 2017 and is uptrending. It has outperformed by 30.37% the S&P500.

Ooma, Inc. provides communications solutions and other connected services to small business, home, and mobile users in the United States and Canadian markets. The company has market cap of $242.06 million. The firm offers Ooma Office, a multi-user communications system for small businesses; and Business Promoter, a service that helps businesses generate new customer leads. It currently has negative earnings. Ooma Office consists of an on-premise appliance and an Ooma Linx end-point device, which wirelessly connects regular desktop telephones to the userÂ’s high-speed Internet connection.

More important recent Ooma, Inc. (NYSE:OOMA) news were published by: Globenewswire.com which released: “Ooma Reports First Quarter Fiscal Year 2019 Financial Results” on May 22, 2018, also Seekingalpha.com published article titled: “Ooma (OOMA) CEO Eric Stang on Q1 2019 Results – Earnings Call Transcript”, Seekingalpha.com published: “Ooma revenues grow nearly 10% in Q1 beat” on May 22, 2018. More interesting news about Ooma, Inc. (NYSE:OOMA) was released by: Globenewswire.com and their article: “Ooma to Participate in June Investor Conferences” with publication date: May 31, 2018.

Ooma, Inc. (NYSE:OOMA) Ratings Chart

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