Ooma (OOMA) Stock: $24 Price Target And Market Outperform Rating

By Amit Chowdhry ● Mar 4, 2022
  • The shares of Ooma (NYSE: OOMA) have received a $24 price target from JMP Securities. These are the details.

The shares of Ooma (NYSE: OOMA) have received a $24 price target from JMP Securities. And  JMP Securities analyst Joe Goodwin assigned the company a “Market Outperform” rating.

Ooma had reported a Q4 EPS of $0.13, which was $0.03 better than the analyst estimates of $0.10. And the revenue for the quarter was $50.5 million compared to the consensus estimate of $49.97 million.

In terms of guidance, Ooma expects Q1 2023 EPS of $0.09-$0.11, compared to the consensus of $0.11. And Ooma expects Q1 2023 revenue of $49.5-$50.2 million, compared to the consensus of $50 million.

Ooma also expects FY2023 EPS of $0.33-$0.41, compared to the consensus of $0.49. And Ooma expects FY2023 revenue of $209.5-$212.5 million, compared to the consensus of $209.2 million.

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