Ouster FY2025 EPS Forecast Increased by Cantor Fitzgerald

Ouster, Inc. (NYSE:OUST) – Equities research analysts at Cantor Fitzgerald boosted their FY2025 earnings per share estimates for shares of Ouster in a report released on Monday, May 12th. Cantor Fitzgerald analyst A. Sheppard now forecasts that the company will earn ($1.69) per share for the year, up from their previous estimate of ($1.87). Cantor Fitzgerald has a “Overweight” rating and a $11.00 price objective on the stock. The consensus estimate for Ouster’s current full-year earnings is ($2.20) per share.

Several other analysts have also commented on the stock. UBS Group set a $16.00 price target on shares of Ouster in a research report on Thursday, March 27th. Westpark Capital upgraded Ouster from a “hold” rating to a “buy” rating and set a $13.68 target price on the stock in a research report on Friday, May 9th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $17.00 price target on shares of Ouster in a report on Friday, March 21st. Finally, Oppenheimer assumed coverage on Ouster in a research report on Thursday, March 27th. They set an “outperform” rating and a $16.00 price target on the stock. Six investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $14.10.

Ouster Price Performance

NYSE:OUST opened at $11.24 on Wednesday. The company has a 50 day moving average price of $8.37 and a 200-day moving average price of $9.39. Ouster has a 1-year low of $5.84 and a 1-year high of $16.88. The firm has a market cap of $604.33 million, a price-to-earnings ratio of -4.37 and a beta of 2.25.

Insider Transactions at Ouster

In other news, General Counsel Megan Chung sold 5,800 shares of Ouster stock in a transaction that occurred on Wednesday, March 26th. The stock was sold at an average price of $11.24, for a total value of $65,192.00. Following the sale, the general counsel now directly owns 220,762 shares of the company’s stock, valued at $2,481,364.88. The trade was a 2.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 9,099 shares of company stock valued at $90,460 over the last 90 days. Corporate insiders own 7.81% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OUST. EVR Research LP acquired a new stake in shares of Ouster in the fourth quarter valued at about $5,343,000. Trexquant Investment LP boosted its position in Ouster by 113.9% during the fourth quarter. Trexquant Investment LP now owns 602,448 shares of the company’s stock worth $7,362,000 after acquiring an additional 320,742 shares during the last quarter. Penn Capital Management Company LLC grew its stake in Ouster by 27.4% during the 4th quarter. Penn Capital Management Company LLC now owns 1,094,528 shares of the company’s stock valued at $13,375,000 after acquiring an additional 235,563 shares in the last quarter. Manatuck Hill Partners LLC acquired a new stake in Ouster in the 4th quarter valued at about $2,566,000. Finally, Herald Investment Management Ltd purchased a new position in Ouster in the 1st quarter worth approximately $1,794,000. Hedge funds and other institutional investors own 31.45% of the company’s stock.

Ouster Company Profile

Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.