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

Rosenblatt analyst Kevin Cassidy has maintained a Buy rating on Ouster (NYSE:OUST) and increased the price target from $12 to $17.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 2:04 pm

Ouster shares are trading higher following the announcement of their Q1 financial results, which surpassed expectations.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:27 pm

In Friday's pre-market session, several Information Technology stocks showed significant movement. AEye, Inseego, WiSA Technologies, SoundHound AI, Movano, and Ouster were among the gainers, with notable increases in their stock prices. Conversely, Microvision, Evolv Technologies, Applied Optoelectronics, JFrog, X3 Holdings, and Navitas Semiconductor experienced declines. The movements were largely attributed to the release of Q1 earnings reports.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 12:07 pm

Ouster, a provider of high-resolution digital lidar sensors, has projected its Q2 revenue to be between $26M and $28M, aligning closely with the estimated $26.673M by analysts.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:36 pm

Ouster (NYSE:OUST) reported Q1 2024 earnings with a GAAP EPS of $(0.55), surpassing the $(0.79) estimate, and sales of $25.944M, exceeding the $25.450M forecast. This represents a significant improvement over the previous year, with a 90.88% increase in EPS and a 50.57% increase in sales.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:15 pm

Skechers U.S.A., Inc. reported better-than-expected first-quarter FY24 earnings, leading to a 16% stock price increase. Other companies like Universal Logistics Holdings, Exponent, Inc., and Snap Inc. also reported strong financial results, contributing to their stock gains. Notably, U.S. Silica Holdings is being acquired by Apollo affiliates, and Alphabet Inc. announced a $70 billion share repurchase program and its first-ever quarterly dividend.

Portfolio Pulse from Avi Kapoor

April 26, 2024 | 2:45 pm

In Thursday's after-market session, several information technology stocks showed notable movements. Tungray Technologies, Nano Labs, Spectaire Holdings, Banzai International, Datadog, and Auddia were among the gainers, with increases ranging from 4.16% to 5.2%. On the downside, Atlassian, Intel, UTime, XTI Aerospace, Ouster, and ReAlpha Tech Corp experienced declines between 3.6% and 9.3%, with Atlassian, Intel, and ReAlpha Tech Corp's movements tied to their recent earnings reports.

Portfolio Pulse from Benzinga Insights

April 25, 2024 | 8:32 pm

Tech sector stocks are down due to market uncertainty and doubts about potential rate cuts.

Portfolio Pulse from Benzinga Newsdesk

April 12, 2024 | 7:38 pm

Shares of technology companies are trading lower due to rising Treasury yields following higher-than-expected March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:59 pm

Ouster shares are trading lower following a downgrade by Chardan Capital from Buy to Neutral.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:43 am

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