Research Analysts’ Weekly Ratings Updates for Ooma (OOMA)

A number of research firms have changed their ratings and price targets for Ooma (NYSE: OOMA):

• 5/27/2026 – Ooma had its price target raised by Lake Street Capital from $18.00 to $23.00. They now have a “buy” rating on the stock.
• 5/27/2026 – Ooma was given a new $24.00 price target by UBS Group AG.
• 5/27/2026 – Ooma had its “buy” rating reaffirmed by Alliance Global Partners.
• 5/27/2026 – Ooma had its “market perform” rating reaffirmed by Citigroup Inc..
• 5/18/2026 – Ooma had its “buy” rating reaffirmed by B. Riley Financial, Inc..

Insider Buying and Selling

In related news, CFO Shigeyuki Hamamatsu sold 27,696 shares of the firm’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $17.64, for a total transaction of $488,557.44. Following the transaction, the chief financial officer owned 193,283 shares of the company’s stock, valued at approximately $3,409,512.12. This trade represents a 12.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 9.90% of the company’s stock.

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.