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

1M

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

Chardan Capital analyst Brian Dobson has upgraded Ouster (NYSE:OUST) from Neutral to Buy and raised the price target from $1 to $10.

Portfolio Pulse from richadhand@benzinga.com

July 14, 2023 | 8:28 am

Ouster has reaffirmed its Q2 revenue guidance of $18M-$20M and stated that it is on track to achieve annualized merger cost synergies of at least $80M-$85M.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:38 pm

Ouster, a leading provider of high-resolution digital lidar sensors, anticipates completing its restructuring initiatives by the end of the fiscal year ending December 31, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:27 pm

Ouster, a leading provider of high-resolution digital lidar sensors, announced restructuring initiatives that are expected to result in aggregate charges ranging from $7.5 million to $9.0 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:26 pm

Ouster announces a series of cost-cutting measures, including job cuts, to improve its financial position.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:25 pm

12 IT stocks experienced significant price movements during Monday's pre-market session, with 6 gainers and 6 losers. Notable gainers include WaveDancer, Kaspien Hldgs, and Intellinetics, while Cyxtera Technologies, EPAM Sys, and Ansys were among the losers.

Portfolio Pulse from Benzinga Insights

June 05, 2023 | 1:06 pm

Tech and AI-related stocks are trading higher following NVIDIA's Q1 earnings and momentum in AI stocks, as well as a tentative debt ceiling agreement between the Biden administration and Republicans.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 6:19 pm

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