Streetbeat News

OUST

Ouster, Inc.

https://www.ouster.com

Industry

Hardware, Equipment & Parts

Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California.

Open

8.87

Mkt cap

462M

Volume

High

9.56

P/E Ratio

-3.98

52-wk high

16.88

Low

8.85

Div yield

N/A

52-wk low

4.65

Ouster, Inc. is making significant strides in the Lidar sector, particularly in non-automotive industries, with record sales and substantial production orders in robotics. Despite this growth, the stock market has not fully recognized its progress, as it trades at only 3x forward sales targets.

Portfolio Pulse from

November 18, 2024 | 7:45 pm

Ouster (OUST) has received a rating upgrade to a Zacks Rank #2 (Buy), indicating growing optimism about its earnings prospects.

Portfolio Pulse from

November 14, 2024 | 6:15 pm

Wall Street analysts predict a 35% upside for Ouster (OUST) based on average price targets. Despite skepticism about this metric, positive earnings estimate revisions could support the stock's upward movement.

Portfolio Pulse from

November 14, 2024 | 4:15 pm

Ouster has achieved a new revenue record in Q3, with a 38% gross margin and cleared its debt. The company projects a 35% growth for 2024, supported by diversified revenue streams and leadership in the non-ADAS LiDAR market. Ouster maintains a strong balance sheet with $154M in cash.

Portfolio Pulse from

November 10, 2024 | 5:45 am

Ouster, Inc. held its Q3 2024 earnings call, discussing financial performance and strategic initiatives.

Portfolio Pulse from

November 07, 2024 | 11:30 pm

Technology stocks are experiencing a decline, potentially due to overall market weakness and rising treasury yields.

Portfolio Pulse from Benzinga Newsdesk

October 23, 2024 | 7:23 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Ouster (NYSE:OUST) and maintained a $12 price target.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:10 pm

Analysts have mixed ratings for Ouster (NYSE:OUST), with a recent trend towards neutral and lower price targets. The average 12-month price target is $13.08, down from $13.67. Ouster's financials show strong revenue growth but challenges in profitability and asset utilization.

Portfolio Pulse from Benzinga Insights

September 23, 2024 | 4:01 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Ouster (NYSE:OUST) and maintained a $12 price target.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 3:34 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Ouster (NYSE:OUST) and maintained a $12 price target.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 2:45 pm

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