OusterOUST
OUST
About: Ouster Inc is a provider of lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries. Ouster's products include high-resolution scanning and solid-state digital lidar sensors, Velodyne Lidar sensors, and software solutions. The company operates in the Americas, Asia and Pacific, Europe, Middle East, and Africa regions. It derives maximum revenue from Americas.
Employees: 290
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
105% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 22
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
5% more funds holding
Funds holding: 128 [Q2] → 135 (+7) [Q3]
2.59% more ownership
Funds ownership: 41.26% [Q2] → 43.85% (+2.59%) [Q3]
6% more call options, than puts
Call options by funds: $4.39M | Put options by funds: $4.13M
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
27% less capital invested
Capital invested by funds: $183M [Q2] → $134M (-$49.8M) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$12
9%
downside
Avg. target
$14.33
9%
upside
High target
$17
29%
upside
3 analyst ratings
2 positive
67%
1 neutral
33%
0 negative
0%
Northland Capital Markets Tim Savageaux 54% 1-year accuracy 13 / 24 met price target | 6%upside $14 | Outperform Initiated | 12 Dec 2024 |
Rosenblatt Kevin Cassidy 56% 1-year accuracy 30 / 54 met price target | 29%upside $17 | Buy Maintained | 8 Nov 2024 |
Cantor Fitzgerald Andres Sheppard 85% 1-year accuracy 129 / 151 met price target | 9%downside $12 | Neutral Reiterated | 30 Sept 2024 |
Financial journalist opinion
Based on 3 articles about OUST published over the past 30 days
Neutral
Business Wire
2 weeks ago
Ouster Announces Transfer of Stock Exchange Listing to Nasdaq
SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST) today announced that it will transfer the listing of its common stock and its warrants to purchase common stock trading under the symbol “OUST.WSA” (the “2025 Public Warrants”) to the Nasdaq Global Select Market from the New York Stock Exchange (“NYSE”) and NYSE American, respectively, and its warrants to purchase its common stock trading under the symbol “OUST.WS” (the “2026 Public Warrants”) to the Nasdaq Capital Market from the NYSE.
Positive
Zacks Investment Research
3 weeks ago
Wall Street Analysts Think Ouster (OUST) Is a Good Investment: Is It?
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Positive
Zacks Investment Research
3 weeks ago
Does Ouster (OUST) Have the Potential to Rally 27.86% as Wall Street Analysts Expect?
The consensus price target hints at a 27.9% upside potential for Ouster (OUST). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Positive
MarketBeat
1 month ago
Elon Musk and Trump Push for Self-Driving Cars: 3 Stocks to Gain
With the Trump administration taking over in January 2025, there has been much speculation about forthcoming changes, trends, and themes. With Tesla Inc. NASDAQ: TSLA CEO Elon Musk firmly embedded in Trump's inner circle, there's been speculation that self-driving or autonomous cars will see an accelerated regulatory framework paving the way for Robotaxis and self-driving cars hitting the roads sooner than anticipated.
Positive
Seeking Alpha
1 month ago
Ouster: Tip Of The Iceberg
Ouster, Inc. is rapidly advancing in the Lidar sector by focusing on non-automotive industries, reporting record sales and significant production orders in robotics. The company is seeing substantial revenue growth, with Q4 sales projected to hit $29-$31 million, despite the stock market not recognizing this progress. Ouster only trades at 3x forward sales targets despite the major growth opportunities.
Positive
Zacks Investment Research
1 month ago
All You Need to Know About Ouster (OUST) Rating Upgrade to Buy
Ouster (OUST) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Positive
Zacks Investment Research
1 month ago
Wall Street Analysts See a 35.02% Upside in Ouster (OUST): Can the Stock Really Move This High?
The average of price targets set by Wall Street analysts indicates a potential upside of 35% in Ouster (OUST). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Neutral
Seeking Alpha
1 month ago
Ouster's Real Growth Amid Struggling Competition
Ouster set a new revenue record in Q3, achieving a 38% gross margin and clearing its debt, with a projected 35% growth for 2024. Ouster's strength lies in its diversified revenue streams, including software sales, and its leadership in the non-ADAS LiDAR market. The company has a pristine balance sheet, with $154M in cash, and is the only Western LiDAR company with significant sensor sales volume.
Neutral
Seeking Alpha
1 month ago
Ouster, Inc. (OUST) Q3 2024 Earnings Call Transcript
Ouster, Inc. (NYSE:OUST ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chen Geng - Vice President of Strategic Finance, and Treasurer Angus Pacala - Chief Executive Officer Mark Weinswig - Chief Financial Officer Conference Call Participants Kevin Garrigan - Rosenblatt Securities Operator Hello and welcome to Ouster's Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise.
Neutral
Business Wire
1 month ago
Ouster Reports Record Performance for Third Quarter 2024
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, industrial, robotics, and smart infrastructure industries, announced today financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights $28 million in revenue, up 26% year over year and 4% sequentially. Shipped over 3,900 sensors for revenue. GAAP gross margin of 38%, compa.
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