Analyst Price Target is $28.17
▲ +44.89% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Ooma in the last 3 months. The average price target is $28.17, with a high forecast of $30.00 and a low forecast of $27.00. The average price target represents a 44.89% upside from the last price of $19.44.
Current Consensus is
The current consensus among 4 polled investment analysts is to buy stock in Ooma. This rating has held steady since September 2020, when it changed from a Hold consensus rating.
Ooma, Inc. engages in the provision of platform for cloud-based communications solutions, smart security and other connected services. It helps create smart workplaces and homes by providing communications, monitoring, security, automation, productivity, and networking infrastructure applications. Its products and services include Ooma business and Ooma residential. The Ooma business offers small business phone service, and enterprise communications. The Ooma residential deals with phone services, and smart security; and Talkatone mobile app. The company was founded by Andrew Frame, Dennis Peng and Michael Cerda on November 19, 2003 and is headquartered in Sunnyvale, CA.