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 (NYSE:OUST) has received mixed analyst ratings over the past three months, with a recent downward trend in price targets. Analysts have maintained or lowered their ratings, reflecting cautious sentiment. Despite a 39.15% revenue growth, Ouster faces challenges with profitability and returns.

Portfolio Pulse from Benzinga Insights

September 03, 2024 | 6:00 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 03, 2024 | 4:59 pm

The article highlights three oversold tech stocks: indie Semiconductor Inc (INDI), Ouster Inc (OUST), and Super Micro Computer Inc (SMCI), all with RSI values indicating potential undervaluation. INDI and OUST reported worse-than-expected financial results, while SMCI was impacted by a short report from Hindenburg Research.

Portfolio Pulse from Avi Kapoor

August 29, 2024 | 11:31 am

The article highlights three oversold tech stocks with potential for recovery: Ouster Inc (OUST), Smith Micro Software Inc (SMSI), and 8×8 Inc (EGHT). These companies have recently reported worse-than-expected financial results, leading to significant stock price declines. However, their low RSI values suggest they may be undervalued, presenting potential buying opportunities.

Portfolio Pulse from Avi Kapoor

August 20, 2024 | 12:37 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

August 19, 2024 | 5:07 pm

Ouster (NYSE:OUST) has seen a significant rise in its short interest, now at 12.97% of its float, which is higher than its peers' average of 6.09%. This indicates increased bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 16, 2024 | 3:00 pm

Ouster Inc. (NYSE: OUST) reported weaker-than-expected Q2 sales, leading to a 27.7% drop in its stock price. Despite beating EPS estimates, the company missed revenue expectations and provided lower-than-expected Q3 revenue guidance. Analysts have adjusted their price targets downward.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 6:54 pm

WestPark Capital analyst Kevin Garrigan maintains a Buy rating on Ouster (NYSE:OUST) but lowers the price target from $17 to $13.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 6:17 pm

U.S. stocks traded higher with the Dow Jones gaining over 200 points. Performance Food Group (PFGC) shares rose 8% after strong Q4 results. Avalon Globocare (ALBT), Digital Ally (DGLY), and Serve Robotics (SERV) saw significant gains, while Ouster (OUST), Verrica Pharmaceuticals (VRCA), and European Wax Center (EWCZ) experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 5:53 pm

US stocks traded mixed with the Dow Jones gaining slightly while the NASDAQ and S&P 500 fell. Headline CPI inflation fell to 2.9% in July, below the forecast. Avalon Globocare, Digital Ally, and Nuburu saw significant stock price increases, while Ouster, Verrica Pharmaceuticals, and European Wax Center experienced notable declines.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 2:06 pm

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