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

In the last three months, 6 analysts have published ratings on Ouster (NYSE:OUST), with a mix of bullish, indifferent, and neutral perspectives. The average 12-month price target has increased to $13.17, reflecting a 19.73% rise from the previous target. Analysts have adjusted their ratings and price targets based on recent developments, with some maintaining neutral stances and others raising their targets.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 4:00 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 01, 2024 | 4:00 pm

Serve Robotics Inc. (NASDAQ:SERV) has expanded its delivery operations into Koreatown, Los Angeles, and extended its lidar supply agreement with Ouster, Inc. (NYSE:OUST) to equip 2,000 robots with upgraded sensors.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2024 | 1:18 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

June 17, 2024 | 5:43 pm

Ovid Therapeutics shares dropped 65.7% after Takeda's Skyline study in Dravet syndrome missed its primary endpoint. Other notable stock movements include Interactive Strength, Mustang Bio, Allego, and Scinai Immunotherapeutics among gainers, and Aerovate Therapeutics, Kaival Brands Innovations, and Workhorse Group among losers.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 5:21 pm

U.S. stocks were mostly lower on Monday, with the Dow Jones index falling around 0.2%. However, several stocks saw significant gains. Aaron's shares rose 32.2% after announcing an acquisition by IQVentures Holdings. Xponential Fitness, Lexicon Pharmaceuticals, Mirum Pharmaceuticals, United Homes Group, Ouster, Lufax Holding, Primo Water, Golar LNG, Autodesk, and Wayfair also recorded notable gains.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 1:59 pm

The article highlights notable insider trades in four companies: Citi Trends, PBF Energy, Old Point Financial, and Ouster. Insider purchases often indicate confidence in the company's prospects. The trades include significant investments by major shareholders in each company.

Portfolio Pulse from Avi Kapoor

June 17, 2024 | 1:07 pm

Analysts' ratings for Ouster (NYSE:OUST) over the last quarter vary from bullish to bearish. The average 12-month price target has increased to $11.83, reflecting a 20.71% rise from the previous target. Key analysts have raised their price targets, indicating a positive outlook despite the company's financial challenges.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 1:00 pm

Cantor Fitzgerald analyst Andres Sheppard has downgraded Ouster (NYSE:OUST) from Overweight to Neutral while raising the price target from $8 to $13.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 12:47 pm

Ouster Inc (NYSE: OUST) shares surged after executives disclosed insider stock purchases. President and CEO Angus Charles Pacala and CTO Mark Frichtl bought significant shares, signaling confidence in the company's future. Ouster, a provider of LiDAR sensors, saw a 102.98% revenue growth over the past year.

Portfolio Pulse from Vaishali Prayag

May 17, 2024 | 7:35 pm

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