Ouster (NASDAQ:OUST) Shares Gap Up – What’s Next?

Posted by Francis Steltz on May 26th, 2026

Shares of Ouster, Inc. (NASDAQ:OUST – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $37.03, but opened at $40.16. Ouster shares last traded at $42.62, with a volume of 2,254,096 shares.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price target on shares of Ouster in a research note on Tuesday, March 3rd. Oppenheimer reaffirmed an “outperform” rating and set a $40.00 price target on shares of Ouster in a research note on Tuesday, March 3rd. Cantor Fitzgerald lowered Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Finally, Weiss Ratings began coverage on Ouster in a research note on Friday, May 15th. They set a “sell (d-)” rating for the company. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ouster presently has a consensus rating of “Hold” and an average price target of $40.20.

View Our Latest Research Report on OUST

Ouster Stock Performance

The business has a 50 day moving average price of $24.88 and a two-hundred day moving average price of $23.38. The company has a market cap of $2.68 billion, a P/E ratio of -44.07 and a beta of 3.06.

Insider Transactions at Ouster

In related news, CEO Charles Angus Pacala sold 24,657 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $23.43, for a total transaction of $577,713.51. Following the transaction, the chief executive officer owned 960,660 shares in the company, valued at $22,508,263.80. The trade was a 2.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Mark Frichtl sold 136,434 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $32.56, for a total value of $4,442,291.04. Following the transaction, the chief technology officer owned 628,638 shares in the company, valued at approximately $20,468,453.28. This represents a 17.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 503,475 shares of company stock worth $14,196,335. 5.72% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in Ouster by 11.3% during the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company’s stock valued at $127,683,000 after purchasing an additional 478,372 shares during the period. Geode Capital Management LLC increased its holdings in Ouster by 9.1% during the 4th quarter. Geode Capital Management LLC now owns 1,421,130 shares of the company’s stock valued at $30,758,000 after purchasing an additional 118,132 shares during the period. Penn Capital Management Company LLC increased its holdings in Ouster by 24.1% during the 4th quarter. Penn Capital Management Company LLC now owns 775,297 shares of the company’s stock valued at $16,817,000 after purchasing an additional 150,337 shares during the period. Handelsbanken Fonder AB grew its holdings in shares of Ouster by 130.7% during the 4th quarter. Handelsbanken Fonder AB now owns 715,646 shares of the company’s stock worth $15,479,000 after acquiring an additional 405,441 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Ouster by 1,521.8% during the 2nd quarter. Invesco Ltd. now owns 571,662 shares of the company’s stock worth $13,863,000 after acquiring an additional 536,413 shares during the period. Hedge funds and other institutional investors own 31.45% of the company’s stock.

Ouster Company Profile

(Get Free Report)

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.