Analysts at BidaskScore Give Ooma (NYSE:OOMA) an Upgrade

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Ooma (NYSE:OOMA) Stock Upgrade

BidaskScore has decided to issue a report indicating that Ooma (NYSE:OOMA) shares are now a ‘”Hold”‘ in an analyst report made public on Tuesday morning.

Ooma, Inc. (NYSE:OOMA) Ratings Coverage

Among 3 analysts covering Ooma (NYSE:OOMA), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ooma has $20.5 highest and $20 lowest target. $20.25’s average target is 29.23% above currents $15.67 stock price. Ooma had 5 analyst reports since November 28, 2018 according to SRatingsIntel. The firm has “Outperform” rating given on Wednesday, November 28 by William Blair. The stock of Ooma, Inc. (NYSE:OOMA) has “Buy” rating given on Wednesday, March 6 by FBR Capital. JMP Securities maintained the shares of OOMA in report on Wednesday, March 6 with “Buy” rating.

The stock increased 3.36% or $0.51 during the last trading session, reaching $15.67. About 15,581 shares traded. Ooma, Inc. (NYSE:OOMA) has risen 54.12% since March 12, 2018 and is uptrending. It has outperformed by 49.75% the S&P500.

Ooma, Inc. provides communications solutions and other connected services to small business, home, and mobile users in the United States and Canadian markets. The company has market cap of $314.97 million. The firm offers Ooma Office, a multi-user communications system for small businesses; and Business Promoter, a service that helps businesses generate new customer leads. It currently has negative earnings. Ooma Office consists of an on-premise appliance and an Ooma Linx end-point device, which wirelessly connects regular desktop telephones to the user's high-speed Internet connection.

More notable recent Ooma, Inc. (NYSE:OOMA) news were published by: Seekingalpha.com which released: “Ooma’s (OOMA) CEO Eric Stang on Q4 2019 Results – Earnings Call Transcript – Seeking Alpha” on March 06, 2019, also Globenewswire.com with their article: “Ooma Reports Third Quarter Fiscal Year 2019 Financial Results – GlobeNewswire” published on November 27, 2018, Globenewswire.com published: “Ooma Introduces Advanced Wireless Home Phone Using Sprint Nationwide 4G Network – GlobeNewswire” on January 07, 2019. More interesting news about Ooma, Inc. (NYSE:OOMA) were released by: Globenewswire.com and their article: ““Hey Google!” – Ooma Home Security Adds Google Home Voice Commands – GlobeNewswire” published on October 11, 2018 as well as Seekingalpha.com‘s news article titled: “Ooma beats as recurring revenues grow – Seeking Alpha” with publication date: March 05, 2019.

Ooma, Inc. (NYSE:OOMA) Ratings Chart

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