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) reported Q2 2024 GAAP EPS of $(0.53), beating the estimate of $(0.61). However, sales of $26.99M missed the $27.03M estimate. Sales increased by 39.15% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:08 pm

In the last three months, 7 analysts have shared their evaluations of Ouster (NYSE:OUST), showing a range of outlooks from bullish to indifferent. The average 12-month price target has risen by 5.29% to $14.14. Analysts from WestPark Capital and Rosenblatt maintain a 'Buy' rating with a $17.00 price target, while Cantor Fitzgerald maintains a 'Neutral' rating with a $13.00 price target. Ouster has shown significant revenue growth but faces challenges in profitability and return metrics.

Portfolio Pulse from Benzinga Insights

August 12, 2024 | 3:00 pm

WestPark Capital analyst Kevin Garrigan has reiterated a Buy rating on Ouster (NYSE:OUST) and maintained a price target of $17.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:55 am

Rosenblatt analyst Kevin Cassidy maintains a Buy rating on Ouster (NYSE:OUST) with a $17 price target.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 11:25 am

Shares of stocks in the broader tech sector are trading lower as stocks sell off amid concerns over the US economy.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 2:11 pm

Jim Cramer provided stock recommendations on CNBC's 'Mad Money Lightning Round.' He advised holding Salesforce (CRM), taking profits on ADMA Biologics (ADMA) and Ouster (OUST), holding Vertiv Holdings (VRT) and Suncor Energy (SU), and buying Pinterest (PINS) aggressively. Recent analyst ratings and upcoming earnings reports were also highlighted.

Portfolio Pulse from Avi Kapoor

July 23, 2024 | 1:16 pm

Ouster Inc. (NYSE: OUST) has received mixed analyst ratings over the past three months, with a majority of analysts maintaining a neutral stance. The average 12-month price target has increased by 15.88% to $13.57. Despite positive revenue growth, the company faces challenges with profitability and returns on equity and assets.

Portfolio Pulse from Benzinga Insights

July 22, 2024 | 8:00 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Ouster (NYSE:OUST) and maintained a $13 price target.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 5:48 pm

Shares of companies within the broader technology sector are trading lower amid a selloff in chips and AI-related stocks.

Portfolio Pulse from Benzinga Newsdesk

July 17, 2024 | 7:09 pm

Cantor Fitzgerald analyst Andres Sheppard has reiterated a Neutral rating on Ouster (NYSE:OUST) and maintained a $13 price target.

Portfolio Pulse from Benzinga Newsdesk

July 15, 2024 | 3:01 pm

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