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Ooma (NYSE:OOMA) sets new 1-year high after earnings beat. August 27, 2026 Key points. * Ooma exceeded quarterly expectations: Fiscal Q2 2027 revenue rose 25% year over year to $83.2 million, while adjusted EPS of $0.35 topped the $0.33 consensus estimate. * Recurring revenue and raised guidance supported the outlook. Subscription and services revenue reached $75.6 million, or 91% of total revenue, and management forecast fiscal 2027 EPS of $1.35-$1.38, above analyst expectations. * Shares reached a new 52-week high of $26.19 after the earnings beat. Analysts maintain a "Moderate Buy" consensus, although recent insider selling and the $23.67 average price target remain notable considerations. * MarketBeat previews the top five stocks to own by September 1st. Ooma, Inc. (NYSE:OOMA - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Thursday following a better than expected earnings announcement. The company traded as high as $26.19 and last traded at $24.5840, with a volume of 214495 shares trading hands. The stock had previously closed at $20.53. The technology company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.33 by $0.02. Ooma had a net margin of 3.17% and a return on equity of 20.21%. The firm had revenue of $83.23 million during the quarter, compared to analyst estimates of $81.72 million. Ooma has set its FY 2027 guidance at 1.350-1.380 EPS and its Q3 2027 guidance at 0.340-0.350 EPS. Key stories impacting Ooma. Here are the key news stories impacting Ooma this week: * Positive Sentiment: Quarterly results exceeded expectations. Ooma reported fiscal Q2 2027 revenue of approximately $83.2 million, up 25% year over year and above the roughly $81.7 million consensus estimate. Adjusted EPS was $0.35, ahead of the $0.33 estimate and up from $0.23 a year earlier. Ooma Reports Fiscal Second Quarter 2027 Financial Results * Positive Sentiment: Recurring subscription revenue continued to drive growth. Subscription and services revenue rose to $75.6 million from $61.1 million a year earlier and represented 91% of total revenue, supporting greater revenue visibility and business quality. Ooma Q2 Earnings and Revenues Top Estimates * Positive Sentiment: Management raised guidance above analyst forecasts. Fiscal 2027 EPS is projected at $1.35-$1.38 versus a $1.21 consensus estimate, while revenue is expected at $332.0-$333.5 million versus $327.3 million. Q3 EPS guidance of $0.34-$0.35 and revenue guidance of $83.7-$84.5 million also exceed consensus expectations. Ooma Forecasts Fiscal 2027 EPS and Revenue * Neutral Sentiment: The earnings call and industry recognition - including Ooma being named a leading VoIP provider in a 2026 Spiceworks survey - reinforce its competitive positioning, although these developments are less immediately financial than the earnings and guidance updates. Ooma Named Top VoIP Provider Wall Street analyst weigh in. Several analysts have weighed in on OOMA shares. Citigroup reiterated a "market perform" rating on shares of Ooma in a research note on Wednesday, May 27th. William Blair set a $24.00 price objective on Ooma in a research note on Monday, August 17th. Lake Street Capital restated a "buy" rating on shares of Ooma in a research note on Thursday. B. Riley Financial reaffirmed a "buy" rating on shares of Ooma in a report on Thursday. Finally, UBS Group set a $24.00 price target on Ooma in a research report on Wednesday, May 27th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, Ooma has an average rating of "Moderate Buy" and a consensus target price of $23.67. Discover more Subscribing To Digital Newspaper Outlets Building An Investment Portfolio Insider activity at Ooma. In other Ooma news, SVP Jenny C. Yeh sold 12,840 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $19.57, for a total value of $251,278.80. Following the sale, the senior vice president directly owned 264,615 shares of the company's stock, valued at approximately $5,178,515.55. This trade represents a 4.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Russell Mann sold 20,000 shares of the business's stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $18.35, for a total value of $367,000.00. Following the completion of the sale, the director owned 116,115 shares of the company's stock, valued at $2,130,710.25. This trade represents a 14.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 118,652 shares of company stock valued at $2,225,186 in the last ninety days. 9.90% of the stock is currently owned by company insiders. Institutional trading of Ooma. Several institutional investors have recently modified their holdings of the stock. IFC & Insurance Marketing Inc. acquired a new position in shares of Ooma during the 4th quarter worth about $34,000. Tower Research Capital LLC TRC increased its stake in Ooma by 225.2% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,620 shares of the technology company's stock worth $47,000 after buying an additional 2,507 shares in the last quarter. Meeder Asset Management Inc. increased its stake in Ooma by 28.3% during the 1st quarter. Meeder Asset Management Inc. now owns 3,359 shares of the technology company's stock worth $49,000 after buying an additional 740 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Ooma during the second quarter valued at approximately $50,000. Finally, CWM LLC raised its holdings in shares of Ooma by 45.6% during the fourth quarter. CWM LLC now owns 4,400 shares of the technology company's stock valued at $52,000 after acquiring an additional 1,378 shares during the last quarter. Institutional investors and hedge funds own 80.42% of the company's stock. Ooma stock performance. The firm has a market cap of $656.98 million, a PE ratio of 74.30 and a beta of 1.19. The firm has a 50-day moving average price of $20.21 and a two-hundred day moving average price of $17.05. The company has a quick ratio of 0.69, a current ratio of 0.94 and a debt-to-equity ratio of 0.50. 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. Further reading. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Ooma, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ooma wasn't on the list. While Ooma currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation. 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Ooma reported second-quarter fiscal 2027 revenue of $83.2 million, up 25% from $66.4 million a year earlier. Growth came from business communications, its AirDial POTS-replacement service, and recent acquisitions. Business subscription and services revenue increased 38% year over year, while AirDial services revenue rose 75%. Subscription and services revenue represented 91% of total revenue at $75.6 million. Non-GAAP net income reached $10.2 million, or $0.35 per diluted share, compared with $0.23 per share in the prior year. Adjusted EBITDA hit a record $12.4 million, representing 15% of revenue. Operating cash flow reached $13.1 million and free cash flow totalled $10.8 million. The company reduced debt to $47 million after paying down $6.5 million of its term loan.

Ooma reported strong fiscal second quarter 2027 results, with total revenue reaching $83.2 million, up 25% year-over-year. Subscription and services revenue grew to $75.6 million from $61.1 million in the prior year period, representing 91% of total revenue. The communications services provider posted GAAP net income of $3.0 million, or $0.10 per diluted share, compared to $1.3 million, or $0.04 per share, in the same quarter last year. Non-GAAP net income increased 58% to $10.2 million, or $0.35 per diluted share. Growth was driven by Ooma Business expansion, including December 2025 acquisitions of FluentStream and Phone.com. The company launched AI-driven services and Ooma MyPhone for residential customers. For the third quarter, Ooma expects revenue between $83.7 million and $84.5 million, with non-GAAP net income of $9.8 million to $10.2 million.