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

Cantor Fitzgerald analyst Andres Sheppard maintains a Neutral rating on Ouster (NYSE:OUST) and lowers the price target from $13 to $12.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:38 pm

Craig-Hallum analyst Richard Shannon maintains a Buy rating on Ouster (NYSE:OUST) but lowers the price target from $13 to $11.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:43 pm

Ouster, Inc. (NYSE:OUST) reported weak second-quarter sales and issued disappointing third-quarter revenue guidance, leading to a 16.9% drop in pre-market trading. Brinker International, Inc. (NYSE:EAT) also saw a 15.7% decline after reporting worse-than-expected fourth-quarter adjusted EPS and issuing weak FY25 guidance. Other companies like Acelyrin, Inc. (NASDAQ:SLRN), CI&T Inc. (NASDAQ:CINT), iLearningEngines, Inc. (NASDAQ:AILE), CompoSecure, Inc. (NASDAQ:CMPO), and NetEase, Inc. (NASDAQ:NTES) also experienced pre-market losses.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 12:27 pm

Ouster shares are trading lower after the company reported worse-than-expected Q2 sales results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:48 am

Serve Robotics Inc. (NASDAQ:SERV) shares rose 14% in pre-market trading after reporting better-than-expected second-quarter sales. Other notable pre-market movers include Digital Ally, Inc. (NASDAQ:DGLY) up 80.7% after a patent grant, and Ouster, Inc. (NYSE:OUST) down 16.9% after weak sales results and guidance.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 9:35 am

Key stocks to watch include Brinker International, Serve Robotics, Cisco Systems, Ouster, and Cardinal Health. Brinker and Cardinal Health are set to report earnings before the bell, while Cisco will report after the market closes. Serve Robotics reported strong Q2 sales, while Ouster reported weak Q2 sales and guidance.

Portfolio Pulse from Avi Kapoor

August 14, 2024 | 6:05 am

Ouster Inc. (NYSE:OUST) shares fell after the company reported Q2 financial results. Despite beating EPS estimates, revenue slightly missed expectations. The company shipped over 4,000 sensors and saw improved gross margins. However, Q3 revenue guidance was below consensus estimates.

Portfolio Pulse from Erica Kollmann

August 13, 2024 | 8:34 pm

Ouster shares are trading lower after the company reported worse-than-expected Q2 sales results and issued Q3 revenue guidance below estimates.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:22 pm

Ouster Inc. has announced its expected Q3 revenue to be between $27 million and $29 million, which is below the estimated $30.39 million.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:12 pm

Ouster has announced that it is on track to deliver on its long-term financial framework and reach profitability. This positive outlook is likely to impact investor sentiment favorably.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:11 pm

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