Ooma (OOMA)

• Market cap: $374M
• 1 day: 1.14%
• 5 days: 5.12%
• 1 month: -3.54%
• 3 months: 14.18%
• 6 months: 40.44%
• Year to date: 0.21%
• 1 year: 34.57%
• 5 years: 1.29%
• 10 years: 29.41%
• Sector: Information Technology
• Industry: Computer Processing & Data Preparation

About: Ooma Inc is a communications services company. It is a smart software-as-a-service ("SaaS") and unified communications platform that deliver voice and collaboration features including messaging, intelligent virtual attendants and video conferencing, and residential phone service provides PureVoice high-definition voice quality, advanced functionality and integration with mobile devices. Its services rely upon the following main elements: multi-tenant cloud service, on-premise devices, desktop and mobile applications, and calling platforms. Ooma generates revenues from the sale of subscriptions and other services.

Employees: 1,221

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

87% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 15

58% more repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 26

11% more funds holding

Funds holding: 104 [Q2] → 115 (+11) [Q3]

10% more capital invested

Capital invested by funds: $203M [Q2] → $224M (+$21.1M) [Q3]

3.98% less ownership

Funds ownership: 77.37% [Q2] → 73.38% (-3.98%) [Q3]

60% less call options, than puts

Call options by funds: $106K | Put options by funds: $263K

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $15.50 9% upside
• Avg. target: $17.13 21% upside
• High target: $18 27% upside

4 analyst ratings

• positive: 4 100%
• neutral: 0 0%
• negative: 0 0%

Lake Street Eric Martinuzzi 50% 1-year accuracy 11 / 22 met price target	27% upside $18	Buy Maintained	5 Dec 2024
Northland Capital Markets Michael Latimore 41% 1-year accuracy 12 / 29 met price target	27% upside $18	Outperform Maintained	5 Dec 2024
Benchmark Matthew Harrigan 59% 1-year accuracy 41 / 69 met price target	20% upside $17	Buy Maintained	3 Dec 2024
B. Riley Securities Josh Nichols 59% 1-year accuracy 10 / 17 met price target	9% upside $15.50	Buy Maintained	25 Nov 2024