Ouster (NYSE:OUST) Given “Neutral” Rating at Cantor Fitzgerald

Cantor Fitzgerald reaffirmed their neutral rating on shares of Ouster (NYSE:OUST) in a research report report published on Thursday, Marketbeat reports. They currently have a $19.00 price target on the stock. Cantor Fitzgerald also issued estimates for Ouster’s FY2026 earnings at ($1.28) EPS.

Other analysts also recently issued reports about the stock. Oppenheimer initiated coverage on shares of Ouster in a research note on Thursday, March 27th. They issued an “outperform” rating and a $16.00 price target for the company. Westpark Capital upgraded Ouster from a “hold” rating to a “buy” rating and set a $13.68 target price for the company in a report on Friday, May 9th. UBS Group set a $16.00 price objective on Ouster in a research note on Thursday, March 27th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $17.00 price target on shares of Ouster in a research report on Friday, March 21st. Two analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $15.24.

Ouster Stock Performance

OUST stock opened at $18.07 on Thursday. The company has a market capitalization of $971.55 million, a PE ratio of -7.03 and a beta of 2.48. Ouster has a one year low of $5.84 and a one year high of $20.90. The company’s 50 day moving average price is $10.25 and its two-hundred day moving average price is $10.09.

Insider Activity at Ouster

In other Ouster news, General Counsel Megan Chung sold 5,800 shares of the firm’s stock in a transaction that occurred on Wednesday, March 26th. The shares were sold at an average price of $11.24, for a total transaction of $65,192.00. Following the completion of the transaction, the general counsel now owns 220,762 shares of the company’s stock, valued at approximately $2,481,364.88. This trade represents a 2.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 6.63% of the stock is currently owned by corporate insiders.

Institutional Trading of Ouster

A number of hedge funds have recently made changes to their positions in OUST. Rhumbline Advisers increased its position in Ouster by 2.9% during the 1st quarter. Rhumbline Advisers now owns 81,475 shares of the company’s stock valued at $732,000 after buying an additional 2,284 shares in the last quarter. Intrua Financial LLC grew its stake in shares of Ouster by 16.4% in the first quarter. Intrua Financial LLC now owns 13,962 shares of the company’s stock worth $125,000 after acquiring an additional 1,970 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Ouster by 7.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 28,344 shares of the company’s stock valued at $255,000 after acquiring an additional 2,037 shares in the last quarter. AQR Capital Management LLC raised its position in shares of Ouster by 610.1% in the 1st quarter. AQR Capital Management LLC now owns 296,311 shares of the company’s stock worth $2,661,000 after purchasing an additional 254,580 shares during the last quarter. Finally, Graham Capital Management L.P. grew its position in Ouster by 57.1% during the 1st quarter. Graham Capital Management L.P. now owns 99,309 shares of the company’s stock valued at $892,000 after purchasing an additional 36,081 shares during the last quarter. 31.45% of the stock is owned by institutional investors.

About Ouster

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.