Ooma Stock Target Price and Analyst Consensus

OOMA Stock  USD 6.71  0.12  1.76%   
The current analyst and expert consensus on Ooma is Strong Buy, with 5 strong buy opinions. The current projected Ooma target price consensus is 18.80 with 6 analyst opinions. The most common way Ooma Inc analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Ooma executives and customers to further validate their buy or sell advice. Note, the total number of analysts currently providing their opinion is not significant to determine adequate consensus on Ooma. We strongly encourage you to use your own analysis of Ooma Inc to validate this buy or sell advice. Ooma buy-or-sell recommendation module provides average expert sentiment on the projected Ooma Inc target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Ooma to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
17.11
Highest Forecast
20.87
Target Price
18.8
As of April 24, 2024, Gross Profit is expected to decline to about 84 M. In addition to that, Pretax Profit Margin is expected to decline to -0.01. At present, Ooma's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 82 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 19.9 M.
  
It's important to approach Ooma's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Ooma price targets

Ooma's stock target price is an estimate of its future price, usually made by analysts. Using Ooma's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Ooma's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Ooma's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Ooma Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Ooma is a key component of Ooma valuation and have some predictive power on the future returns of a Ooma.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ooma's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
3.646.699.74
Details
Intrinsic
Valuation
LowRealHigh
6.1510.1113.16
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.100.110.12
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Ooma. Your research has to be compared to or analyzed against Ooma's peers to derive any actionable benefits. When done correctly, Ooma's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Ooma Inc.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Hedge Favorites Idea
Hedge Favorites
Invested over 100 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 60 shares
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested few shares
Investor Favorites Idea
Investor Favorites
Invested over 40 shares
When determining whether Ooma Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ooma's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ooma Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ooma Inc Stock:
Check out Macroaxis Advice on Ooma to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

Complementary Tools for Ooma Stock analysis

When running Ooma's price analysis, check to measure Ooma's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ooma is operating at the current time. Most of Ooma's value examination focuses on studying past and present price action to predict the probability of Ooma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ooma's price. Additionally, you may evaluate how the addition of Ooma to your portfolios can decrease your overall portfolio volatility.
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
The data published in Ooma's official financial statements usually reflect Ooma's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Ooma Inc. For example, before you start analyzing numbers published by Ooma accountants, it's critical to develop an understanding of what Ooma's liquidity, profitability, and earnings quality are in the context of the Diversified Telecommunication Services space in which it operates.
Please note, the presentation of Ooma's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Ooma's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Ooma's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Ooma Inc. Please utilize our Beneish M Score to check the likelihood of Ooma's management manipulating its earnings.