Framework Journal · one stock, one dated entry

Recorded 2026-07-19 · Permanent

An entry written while the outcome is still unknown. It will be scored by what the market does next, and it will never be edited to look cleverer than it was.

The label
Markup

read at $20.67

Ooma, Inc. holds its Markup at $20.67.

PHINPOOPSC
  • PHPhase · the trend structure carries the Markup label
  • INInsiders · no filings inside 60 days, left as found
  • POPositioning · no disclosures inside 60 days, left as found
  • OPOptions · no verdict drawn today, left as found
  • SCScreen · passes the values gate
  • edge confirmed
  • edge broken
  • edge forming

Each arm is one independent read. Conviction is not a single call, it is how many edges converge.

The investor read · the season, not the day

As held on the ledger · 2026-07-19
PhaseMarkup
Quantitative stateThe statistical read favours the sellers, held for 56 days
Price$20.67
Valuation62.64 trailing · 13.83 forward price to earnings
Values screenPASS
Beta1.20

The opportunity · what the numbers say it is worth

Read at
$20.67
62.64 P/E · 13.83 fwd
Our fair value
$24.00
16% discount
Analyst target (avg)
$24.00
+16% to current
Target low $20.00Analyst target rangeTarget high $24.00
▲ current $20.67 · | average target

Price history & projections · where it has been, where the models see it going

$25.3$16.3$7.4TODAY5y agoPROJECTIONConservative$24.00 +35%Analyst avg$24.00 +35%Our fair value$24.00 +35%Analyst high$24.00 +35%

The valuation journey · where the price sits against fair value and the Street

Current
$20.67
you are here
Conservative
$24.00
+16%
Analyst avg
$24.00
+16%
Our fair value
$24.00
+16%
Analyst high
$24.00
+16%

Green marks levels above today's price, red below; the shaded band is the gap between the price and our fair value.

Reading the gap · Both our model and the analysts see meaningful upside from here.

Revenue growth24.80%
Profit margin3.17%
Debt to equity70.82
Analyst consensusNone · 5 covering

Fair value and rating are our own model estimates; target range reflects third-party analyst estimates. Analysis, not advice.

The values screen, explained · five checks, plain English

This company clears both standards. There are two widely recognised ways to check whether a company is suitable for a Muslim investor. Here is how it did on each:

The common standard · AAOIFI
Used by most halal investing apps
✓ PASSES
Our stricter standard · asset-based
The one Titan applies
✓ PASSES

What these two standards are, and how they differ →

  • Business activity Its core business isn't built on prohibited lines — no gambling, alcohol, tobacco, weapons, or interest-based lending. Pass
  • Debt load Interest-bearing debt is just 14.0% of its assets, well under the one-third ceiling — it does not run on borrowed money. Pass
  • Interest-bearing cash Cash held in interest-bearing accounts and securities is 3.8% of assets, under the one-third limit. Pass
  • Receivables Money owed to the company is 0.0% of assets, under the 49% limit. Pass
  • Revenue purity Only 0.0% of revenue comes from non-compliant sources — under the 5% line. Pass

Every security is read against two recognised standards: our stricter asset-based screen (ratios measured against total assets) and the more widely used market-value standard (measured against market capitalisation). Where they agree we say so plainly; where they part ways — almost always on the debt check — we show both readings and mark it, because that disagreement is the finding, not a fault. We report the score; you and your scholar make the call.

The business, in plain words · what the numbers mean

The fundamentals · plain-English read
Forward P/E13.8x
cheap for a company growing this fast
Trailing P/E62.6x
expensive — the price assumes strong growth ahead
Revenue growth24.8%
strong top-line growth
Profit margin3.2%
barely profitable
Return on equity10.0%
a modest return on shareholder capital
Debt to equity0.71
moderate, manageable leverage
Current ratio0.94
below 1 — short-term bills exceed liquid assets
Beta1.20
moves a little more than the market
Market cap$568M

The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.

Plain-English interpretation of our own screen data. Analysis, not advice.

Related securities · others in OOMA's space worth a look

Screened names in the same industry · explore each on its own page.

Where & how to trade · wherever in the world you are

OOMA trades on the NYSE. As a US-listed security it is accessible through almost any international broker offering US markets. New to this, or investing from outside the US? Our guide to accessing global markets covers brokers, currencies and the practical steps.

The trader read · the latest dated commentary

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 49% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (5 analysts) rates it strong buy, with a mean price target of $20. Entered 2026-07-18 · Markup

The dated journal · newest first, never edited

2026-07-18 Markup $17.13 +0.0% Entry 3

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 49% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 38%. Our forward projection puts the odds of a 10% gain over the next month near 36%. The street (5 analysts) rates it strong buy, with a mean price target of $20.

2026-07-03 Markup $17.13 +0.0% Entry 2

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns.

2026-07-02 Markup $17.13 Entry 1

The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with ethical screening pending. The risk-adjusted return profile shows excellent risk-adjusted returns.

Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.

The insider ledger · Form 4 filings, as filed

Most recent filings · OOMA
DateInsiderTitleTypeSharesValue
2026-03-24 STANG ERIC BRADFORD Chief Executive Officer 7,417 $103,838
2026-03-13 YEH JENNY C Officer and Director 1,964 $26,868
2026-03-13 SABHARWAL NAMRATA Officer 1,964 $26,868
2026-03-12 YEH JENNY C Officer and Director 50,000 ·
2026-03-06 STANG ERIC BRADFORD Chief Executive Officer 25,888 $369,246
2026-03-06 HAMAMATSU SHIGEYUKI Chief Financial Officer 10,790 $153,411
2026-02-27 STANG ERIC BRADFORD Chief Executive Officer 300,000 ·
2026-02-27 HAMAMATSU SHIGEYUKI Chief Financial Officer 70,000 ·
2026-02-27 YEH JENNY C Officer and Director 69,000 ·
2026-02-27 SABHARWAL NAMRATA Officer 28,000 ·

Public filings, recorded as found. The full tape lives at Insider Intelligence.

What holding actually paid · price plus dividends

If $1,000 had been placed · historical, not a promise
PeriodPrice thenPrice returnDivs per share$1,000 becameTotal return
1 month $18.99 -6.4% · $936 -6.4%
2 months $13.90 +27.9% · $1,279 +27.9%
3 months $13.95 +27.5% · $1,275 +27.5%
6 months $11.41 +55.8% · $1,558 +55.8%
1 year $12.93 +37.5% · $1,375 +37.5%
2 years $8.59 +107.0% · $2,070 +107.0%
3 years $13.70 +29.8% · $1,298 +29.8%
5 years $24.02 -26.0% · $740 -26.0%

Historical returns from market close data. Past performance does not guarantee future results.

This entry now belongs to the ledger. Whatever OOMA does next, these words stay.

Ooma, Inc. · OOMA · Markup · $20.67
Recorded 2026-07-19 · before the outcome · scored mechanically

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