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

11.07

Mkt cap

567M

Volume

84K

High

11.48

P/E Ratio

-4.70

52-wk high

16.88

Low

10.93

Div yield

N/A

52-wk low

4.65

Ouster, Inc. announced the departure of its CFO, Mark Weinswig, effective January 31, 2025, while reaffirming its Q4 revenue guidance.

Portfolio Pulse from

January 17, 2025 | 12:45 pm

Ouster, Inc. has secured a $2 million contract to implement its BlueCity lidar-enabled traffic management solution in Chattanooga, Tennessee. This project aims to enhance road safety and alleviate congestion, following a successful pilot at 12 intersections.

Portfolio Pulse from

January 14, 2025 | 11:15 am

Ouster, Inc. is transferring its stock and warrant listings from the NYSE to Nasdaq, effective soon. This move includes both its common stock and warrants, which will now trade on the Nasdaq Global Select Market and Nasdaq Capital Market, respectively.

Portfolio Pulse from

December 10, 2024 | 10:45 pm

Wall Street analysts have given a positive recommendation for Ouster (OUST), suggesting it as a good investment. The article questions the impact of such analyst ratings on stock prices.

Portfolio Pulse from

December 05, 2024 | 3:45 pm

Ouster (OUST) has a consensus price target suggesting a 27.9% upside potential. Despite skepticism about the effectiveness of price targets, positive earnings estimate revisions could indicate a near-term stock price increase.

Portfolio Pulse from

December 03, 2024 | 4:00 pm

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

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