Ouster, Inc. (NASDAQ:OUST – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the nine research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $54.6667.
Several equities research analysts recently commented on OUST shares. Citigroup reissued an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Weiss Ratings assumed coverage on shares of Ouster in a research note on Friday, May 15th. They set a “sell (d-)” rating for the company. Roth Capital initiated coverage on shares of Ouster in a report on Friday, May 29th. They set a “buy” rating and a $75.00 target price for the company. Cantor Fitzgerald cut Ouster from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 7th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $53.00 price target on shares of Ouster in a research note on Friday.
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Insider Buying and Selling at Ouster
Institutional Trading of Ouster
A number of institutional investors and hedge funds have recently bought and sold shares of OUST. Van ECK Associates Corp grew its position in shares of Ouster by 17.1% during the 3rd quarter. Van ECK Associates Corp now owns 3,590 shares of the company’s stock valued at $97,000 after acquiring an additional 525 shares during the period. Main Management ETF Advisors LLC increased its stake in shares of Ouster by 1.0% in the 4th quarter. Main Management ETF Advisors LLC now owns 54,810 shares of the company’s stock worth $1,186,000 after purchasing an additional 560 shares in the last quarter. Corient Private Wealth LLC raised its holdings in Ouster by 5.5% in the 2nd quarter. Corient Private Wealth LLC now owns 11,554 shares of the company’s stock worth $280,000 after purchasing an additional 599 shares during the period. Prosperity Wealth Management Inc. raised its holdings in Ouster by 5.5% in the 3rd quarter. Prosperity Wealth Management Inc. now owns 13,000 shares of the company’s stock worth $352,000 after purchasing an additional 675 shares during the period. Finally, Creative Planning raised its holdings in Ouster by 1.6% in the 3rd quarter. Creative Planning now owns 43,681 shares of the company’s stock worth $1,182,000 after purchasing an additional 677 shares during the period. 31.45% of the stock is currently owned by institutional investors.
Trending Headlines about Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Second-quarter revenue rose 56% year over year to $54.63 million, exceeding analyst expectations of $51.47 million. Record sensor shipments, demand for the Rev8 lidar platform and smart-infrastructure projects supported the growth. Ouster Q2 Earnings Surpass Expectations on Sensor Growth
- Positive Sentiment: Management highlighted the Rev8 production ramp, expansion of its BlueCity smart-infrastructure business and rising robotics demand. The company said it remains well positioned for longer-term “physical AI” applications. OUST Q2 Earnings Call Focuses on Rev8 Ramp and Robotics Demand
- Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and maintained a $53 price target, implying meaningful upside from recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of $54.67. Rosenblatt Securities Rating
- Neutral Sentiment: Ouster left its full-year revenue expectations unchanged. This signals continued confidence in the longer-term outlook but provides no upward revision to estimates after the quarter.
- Negative Sentiment: Ouster reported a second-quarter loss of $0.26 per share. While one data source characterized the result as better than its $0.31 loss estimate, other consensus figures cited a $0.12 expected loss, making the earnings reaction mixed. The company remains unprofitable, with a negative net margin.
- Negative Sentiment: Third-quarter revenue guidance of $54.5 million to $57.5 million is slightly below the $57.7 million analyst consensus, potentially raising concerns about the pace of growth.
- Negative Sentiment: COO Darien Spencer sold 30,000 shares worth approximately $1.35 million, reducing his holdings by 9.1%. The sale may add modest pressure to investor sentiment, although it does not necessarily indicate a change in business fundamentals. Ouster COO Stock Sale
Ouster Trading Down 4.8%
Shares of Ouster stock opened at $43.40 on Friday. Ouster has a 12 month low of $16.40 and a 12 month high of $63.79. The firm has a market capitalization of $2.73 billion, a P/E ratio of -50.46 and a beta of 3.24. The business has a fifty day simple moving average of $42.80 and a two-hundred day simple moving average of $30.65.
Ouster (NASDAQ:OUST – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.14). The business had revenue of $54.63 million during the quarter, compared to analysts’ expectations of $51.47 million. Ouster had a negative return on equity of 19.33% and a negative net margin of 26.02%. Analysts predict that Ouster will post -1.03 earnings per share for the current year.
About Ouster
Ouster, Inc is a leading provider of high-resolution digital lidar sensors, software and services designed to enable advanced perception capabilities across a range of industries. Headquartered in San Francisco, California, the company develops modular lidar solutions that capture precise three-dimensional data in real time, supporting applications from autonomous vehicles and robotics to mapping, smart infrastructure and industrial automation.
The company’s core product lineup features multi-beam digital lidar units available in various form factors, including compact models for robotics and drones and larger units for automotive and mapping systems.
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