OneStream (NASDAQ:OS) Cut to Hold at Rosenblatt Securities

Rosenblatt Securities downgraded shares of OneStream (NASDAQ:OSFree Report) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, Marketbeat Ratings reports. Rosenblatt Securities currently has $24.00 price objective on the stock, down from their previous price objective of $26.00.

Several other research analysts also recently commented on OS. Wolfe Research downgraded OneStream from an “outperform” rating to a “peer perform” rating in a report on Wednesday. Cowen lowered OneStream from a “buy” rating to a “hold” rating in a research note on Tuesday. Wedbush lowered shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price objective for the company. in a research note on Tuesday. BTIG Research began coverage on shares of OneStream in a report on Tuesday, December 16th. They set a “buy” rating and a $25.00 target price on the stock. Finally, Guggenheim lowered shares of OneStream from a “buy” rating to a “neutral” rating in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $26.82.

Check Out Our Latest Analysis on OS

OneStream Trading Up 0.1%

Shares of OS opened at $23.62 on Wednesday. The firm has a fifty day moving average price of $19.85 and a 200-day moving average price of $20.82. The firm has a market capitalization of $5.76 billion, a P/E ratio of -49.21 and a beta of 2.04. OneStream has a 12-month low of $16.51 and a 12-month high of $30.93.

OneStream (NASDAQ:OSGet Free Report) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. The company had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The firm’s revenue for the quarter was up 19.5% on a year-over-year basis. During the same quarter last year, the business posted ($1.06) EPS. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts predict that OneStream will post 0.05 earnings per share for the current year.

Insider Buying and Selling

In other news, CAO Pamela Mcintyre sold 6,505 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $23.58, for a total transaction of $153,387.90. Following the sale, the chief accounting officer owned 58,847 shares in the company, valued at approximately $1,387,612.26. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO Ken Hohenstein sold 40,000 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $16.85, for a total transaction of $674,000.00. Following the transaction, the executive owned 997,062 shares in the company, valued at approximately $16,800,494.70. This trade represents a 3.86% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 96,076 shares of company stock worth $1,685,482 in the last ninety days. 12.77% of the stock is owned by insiders.

Institutional Investors Weigh In On OneStream

Institutional investors and hedge funds have recently modified their holdings of the company. EFG Asset Management North America Corp. purchased a new stake in shares of OneStream in the 2nd quarter valued at $1,408,000. Optimize Financial Inc acquired a new position in OneStream during the first quarter valued at $343,000. Fortress Investment Group LLC boosted its holdings in OneStream by 1,888.5% in the second quarter. Fortress Investment Group LLC now owns 198,846 shares of the company’s stock valued at $5,627,000 after purchasing an additional 188,846 shares during the last quarter. Handelsbanken Fonder AB purchased a new stake in OneStream in the second quarter valued at $464,000. Finally, Callan Family Office LLC acquired a new stake in OneStream during the 2nd quarter worth about $715,000.

More OneStream News

Here are the key news stories impacting OneStream this week:

OneStream Company Profile

(Get Free Report)

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.

Further Reading

Analyst Recommendations for OneStream (NASDAQ:OS)

Receive News & Ratings for OneStream Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OneStream and related companies with MarketBeat.com's FREE daily email newsletter.