Lake Street lowered the firm’s price target on Ooma (OOMA) to $17 from $18 and keeps a Buy rating on the shares. Lower than expected FY26 total revenue growth guidance is due to a step back of Ooma Business revenue growth, the analyst tells investors in a post-earnings note. While FY26 revenue will be less than previously expected, the firm is “pleased to see” the slightly better profit outlook for FY26 and is confident the rollout of AirDial should help the company accelerate growth in FY27, the analyst added.
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