Ouster, Inc. (NASDAQ:OUST – Get Free Report)’s stock price was down 4% on Wednesday . The stock traded as low as $57.43 and last traded at $60.02. Approximately 5,297,881 shares traded hands during mid-day trading, an increase of 68% from the average daily volume of 3,157,265 shares. The stock had previously closed at $62.52.
Key Headlines Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Ouster announced that its Rev8 digital lidar sensors now comply with the Build America, Buy America Act, making them eligible for federally funded infrastructure projects such as smart cities, transit systems, and intelligent transportation networks. Article Title
- Positive Sentiment: The company has also benefited from new partnership activity, including a strategic agreement with AIM Intelligent Machines, an expanded collaboration with FieldAI, and a larger manufacturing deal with Benchmark Electronics to support higher Rev8 output. Article Title
- Positive Sentiment: Investor enthusiasm is being driven by Ouster’s positioning as a pure-play “physical AI” company, supplying the perception layer for autonomous machines, robotics, and smart infrastructure. Article Title
- Neutral Sentiment: Recent commentary notes that Ouster’s rally has pushed the stock to a 52-week high, but analysts remain cautious given the sharp run-up and elevated valuation. Article Title
- Negative Sentiment: Despite the momentum, Ouster is still not consistently profitable and trades at a rich valuation after its large move, which could increase volatility if expectations cool. Article Title
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on OUST shares. Weiss Ratings started coverage on Ouster in a research report on Friday, May 15th. They set a “sell (d-)” rating for the company. Rosenblatt Securities lifted their price objective on shares of Ouster from $40.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Cantor Fitzgerald cut shares of Ouster from an “overweight” rating to a “neutral” rating in a report on Thursday, May 7th. Roth Mkm initiated coverage on shares of Ouster in a research note on Friday, May 29th. They issued a “buy” rating and a $75.00 target price for the company. Finally, Oppenheimer reiterated an “outperform” rating and issued a $40.00 target price on shares of Ouster in a report on Tuesday, March 3rd. Four research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Ouster currently has an average rating of “Hold” and a consensus price target of $48.17.
Ouster Stock Down 4.0%
The firm has a fifty day simple moving average of $37.17 and a 200-day simple moving average of $27.23. The company has a market capitalization of $3.77 billion, a P/E ratio of -61.88 and a beta of 3.24.
Ouster (NASDAQ:OUST – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.28) earnings per share for the quarter, missing the consensus estimate of ($0.12) by ($0.16). Ouster had a negative net margin of 30.12% and a negative return on equity of 21.49%. The business had revenue of $48.58 million for the quarter, compared to the consensus estimate of $46.15 million. During the same quarter last year, the firm earned ($0.42) EPS. On average, sell-side analysts predict that Ouster, Inc. will post -1.05 earnings per share for the current fiscal year.
Insider Activity
In other Ouster news, CRO Cyrille Jacquemet sold 9,433 shares of Ouster stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $40.00, for a total value of $377,320.00. Following the transaction, the executive owned 123,158 shares of the company’s stock, valued at approximately $4,926,320. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Kenneth P. Gianella sold 54,337 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $38.82, for a total transaction of $2,109,362.34. Following the completion of the transaction, the chief financial officer owned 301,014 shares of the company’s stock, valued at $11,685,363.48. This trade represents a 15.29% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 910,591 shares of company stock worth $32,578,780. Corporate insiders own 5.72% of the company’s stock.
Hedge Funds Weigh In On Ouster
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC lifted its holdings in shares of Ouster by 43.2% in the fourth quarter. SG Americas Securities LLC now owns 276,578 shares of the company’s stock valued at $5,985,000 after purchasing an additional 83,448 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Ouster by 514.6% during the third quarter. JPMorgan Chase & Co. now owns 185,198 shares of the company’s stock worth $5,010,000 after buying an additional 155,063 shares in the last quarter. Algert Global LLC grew its holdings in shares of Ouster by 192.6% during the third quarter. Algert Global LLC now owns 500,902 shares of the company’s stock worth $13,549,000 after buying an additional 329,735 shares in the last quarter. Vanguard Group Inc. raised its position in Ouster by 11.3% in the 3rd quarter. Vanguard Group Inc. now owns 4,720,264 shares of the company’s stock valued at $127,683,000 after buying an additional 478,372 shares during the last quarter. Finally, UBS Group AG raised its position in Ouster by 67.7% in the 4th quarter. UBS Group AG now owns 301,469 shares of the company’s stock valued at $6,524,000 after buying an additional 121,708 shares during the last quarter. 31.45% of the stock is owned by institutional investors and hedge funds.
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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