Rosenblatt Securities reiterated their buy rating on shares of Ouster (NASDAQ:OUST – Free Report) in a research note released on Wednesday,Benzinga reports. They currently have a $53.00 price target on the stock.
Other equities research analysts have also recently issued reports about the company. Oppenheimer reiterated an “outperform” rating on shares of Ouster in a research report on Wednesday. Cantor Fitzgerald upgraded shares of Ouster from a “neutral” rating to an “overweight” rating and set a $45.00 price objective for the company in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Ouster in a research note on Wednesday, August 12th. Citigroup reaffirmed an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Finally, Northland Securities set a $60.00 target price on shares of Ouster and gave the stock an “outperform” rating in a report on Tuesday, July 21st. Six investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $58.00.
Check Out Our Latest Stock Report on Ouster
Ouster Stock Performance
Shares of OUST opened at $33.54 on Wednesday. The stock’s 50-day simple moving average is $35.51 and its 200 day simple moving average is $32.46. The stock has a market capitalization of $2.42 billion, a price-to-earnings ratio of -48.61 and a beta of 3.47. Ouster has a 52-week low of $16.40 and a 52-week high of $63.79.
Ouster (NASDAQ:OUST – Get Free Report) last issued its earnings results on Tuesday, November 3rd. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.12). The company had revenue of $59.33 million during the quarter, compared to the consensus estimate of $56.30 million. Ouster had a negative return on equity of 14.19% and a negative net margin of 20.36%. On average, research analysts forecast that Ouster will post -1.07 earnings per share for the current fiscal year.
Insider Transactions at Ouster
In other news, COO Darien Spencer sold 12,808 shares of the business’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $33.96, for a total transaction of $434,959.68. Following the completion of the transaction, the chief operating officer owned 286,998 shares of the company’s stock, valued at approximately $9,746,452.08. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Mark Frichtl sold 18,778 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $33.96, for a total transaction of $637,700.88. Following the completion of the transaction, the chief technology officer owned 318,987 shares in the company, valued at approximately $10,832,798.52. This trade represents a 5.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 138,037 shares of company stock worth $5,142,537. 5.72% of the stock is owned by insiders.
Institutional Investors Weigh In On Ouster
Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System increased its holdings in shares of Ouster by 50.3% in the 1st quarter. California State Teachers Retirement System now owns 79,401 shares of the company’s stock worth $1,459,000 after buying an additional 26,574 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of Ouster during the 1st quarter valued at $2,436,000. Wellington Management Group LLP bought a new stake in shares of Ouster during the 2nd quarter worth $15,384,000. Tidal Investments LLC bought a new stake in shares of Ouster during the 2nd quarter worth $2,172,000. Finally, Dimensional Fund Advisors LP lifted its holdings in shares of Ouster by 7.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 483,871 shares of the company’s stock worth $8,889,000 after acquiring an additional 32,440 shares during the last quarter. 31.45% of the stock is currently owned by institutional investors.
Key Stories Impacting Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Ouster reported third-quarter revenue of about $59 million, up roughly 50% year over year and above the $56.3 million analyst estimate cited by MarketBeat. It also shipped more than 27,000 sensors, a record, and gross margin was reported at 49%. Ouster Q3 results
- Positive Sentiment: Management forecast fourth-quarter revenue of $61 million to $64 million and said it is scaling REV8 production toward annual capacity of 100,000 units by the end of 2027. Strong REV8 demand and growth in robotics could support continued expansion. Q4 outlook and REV8 capacity
- Positive Sentiment: Cantor Fitzgerald upgraded Ouster from Neutral to Overweight with a $45 price target, while Rosenblatt reaffirmed its Buy rating and $53 target—both signaling confidence in potential upside. Cantor Fitzgerald rating
- Neutral Sentiment: The reported quarterly loss narrowed to $0.20 per share from $0.37 a year earlier. Estimates differed across sources: the loss beat the $0.30 Zacks consensus but missed the $0.08 estimate cited by MarketBeat. Zacks Q3 earnings report
- Negative Sentiment: Despite revenue growth, Ouster remains unprofitable, and the EPS miss against some analyst estimates may temper enthusiasm for the results.
About Ouster
Ouster, Inc is a technology company that develops and manufactures digital lidar sensors and related software. Its lidar systems use laser light to detect and measure surrounding objects, supporting applications that require real-time perception, mapping, and automation.
The company’s products are designed for customers in the automotive, industrial automation, robotics, infrastructure, mapping, security, and smart-city markets. Ouster provides lidar sensors for uses such as autonomous and assisted driving, warehouse and industrial operations, traffic monitoring, asset inspection, and other machine-perception applications.
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