Bullish Case: With renewed focus on SMEs and the POTS replacement market, Ooma's consistent revenue growth and positive projections in subscription services signal potential upside.


Bearish Case: OOMA's historical underperformance, recent price declines, and overall negative trend over several time frames suggest caution in expecting a significant bullish reversal.


Potential Outcomes:

1. 35% Ooma captures SME market share, enhancing growth.

2. 40% ongoing price mean reversion stifles significant gains.

3. 25% Ooma's strategic initiatives fail to materialize profits.


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April 06, 2024


Ooma Forecast

OOMA        Ooma
Price Forecast: NEUTRAL    Price Action: RANDOM (?)






Correlated Stock Forecasts

Assets that tend to move strongly with OOMA



SLI Forecast + Options Trading Strategies   [SLI]  Standard Lithium (0.93)


BIDU Forecast + Options Trading Strategies   [BIDU]  Baidu (0.92)


HTZ Forecast + Options Trading Strategies   [HTZ]  Hertz Global Holdings (0.92)


CMP Forecast + Options Trading Strategies   [CMP]  Compass Minerals International (0.91)


LAZR Forecast + Options Trading Strategies   [LAZR]  Luminar (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to OOMA



GLNG Forecast + Options Trading Strategies   [GLNG]  Golar Lng (-0.0)


JANX Forecast + Options Trading Strategies   [JANX]  Janux Therapeutics (0.0)


DV Forecast + Options Trading Strategies   [DV]  DoubleVerify (-0.0)


NOG Forecast + Options Trading Strategies   [NOG]  Northern Oil and Gas (0.0)


TEX Forecast + Options Trading Strategies   [TEX]  Terex (0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against OOMA



HIBB Forecast + Options Trading Strategies   [HIBB]  Hibbett Sports (-0.88)


STNG Forecast + Options Trading Strategies   [STNG]  Scorpio Tankers (-0.89)


AXON Forecast + Options Trading Strategies   [AXON]  Axon Enterprise (-0.89)


LRN Forecast + Options Trading Strategies   [LRN]  Stride (-0.89)


GEO Forecast + Options Trading Strategies   [GEO]  Geo Group (-0.92)





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