Ouster (NASDAQ:OUST) Stock Rating Raised to "Overweight" at Cantor Fitzgerald

Key Points

• Cantor Fitzgerald upgraded Ouster from “neutral” to “overweight.” Analysts overall rate the stock “Moderate Buy,” with an average price target of $54.67.
• Third-quarter revenue rose 50% year over year to $59.33 million, beating estimates, but Ouster’s $0.20-per-share loss was wider than the cited consensus estimate of $0.08.
• Ouster forecast fourth-quarter revenue of $61 million to $64 million, signaling expected continued growth.

Ouster (NASDAQ:OUST - Get Free Report) was upgraded by investment analysts at Cantor Fitzgerald from a "neutral" rating to an "overweight" rating in a research note issued on Wednesday, Briefing.com reports.

Several other analysts have also issued reports on OUST. Northland Securities set a $60.00 target price on Ouster and gave the company an "outperform" rating in a research note on Tuesday, July 21st. Citigroup reiterated an "outperform" rating on shares of Ouster in a research note on Tuesday, July 21st. Rosenblatt Securities reissued a "buy" rating and issued a $53.00 price objective on shares of Ouster in a report on Thursday, August 27th. Oppenheimer restated an "outperform" rating and issued a $57.00 price objective (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Ouster in a research note on Wednesday, August 12th. Seven analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Ouster currently has a consensus rating of "Moderate Buy" and an average price target of $54.67.

Ouster Trading Up 2.7%

NASDAQ:OUST opened at $28.98 on Wednesday. The stock has a market capitalization of $2.09 billion, a PE ratio of -33.70 and a beta of 3.47. The firm's 50 day moving average is $35.56 and its 200 day moving average is $32.43. Ouster has a 12 month low of $16.40 and a 12 month high of $63.79.

Ouster (NASDAQ:OUST - Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The company reported ($0.20) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.12). Ouster had a negative net margin of 26.02% and a negative return on equity of 17.49%. The firm had revenue of $59.33 million during the quarter, compared to analysts' expectations of $56.30 million. Research analysts predict that Ouster will post -1.07 earnings per share for the current year.

Insider Buying and Selling at Ouster

In other news, COO Darien Spencer sold 12,808 shares of Ouster stock in a transaction on Monday, September 14th. The stock was sold at an average price of $33.96, for a total value of $434,959.68. Following the completion of the transaction, the chief operating officer directly owned 286,998 shares in the company, valued at approximately $9,746,452.08. The trade was a 4.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CTO Mark Frichtl sold 18,778 shares of the business's stock in a transaction on Monday, September 14th. The shares were sold at an average price of $33.96, for a total value of $637,700.88. Following the sale, the chief technology officer owned 318,987 shares in the company, valued at approximately $10,832,798.52. The trade was a 5.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 141,651 shares of company stock worth $5,305,817. Company insiders own 5.72% of the company's stock.

Institutional Investors Weigh In On Ouster

Hedge funds and other institutional investors have recently modified their holdings of the stock. 180 Wealth Advisors LLC raised its position in shares of Ouster by 1.3% in the third quarter. 180 Wealth Advisors LLC now owns 59,290 shares of the company's stock worth $2,392,000 after buying an additional 744 shares in the last quarter. Parallel Advisors LLC grew its position in Ouster by 66.2% during the third quarter. Parallel Advisors LLC now owns 866 shares of the company's stock worth $35,000 after buying an additional 345 shares in the last quarter. CenterBook Partners LP purchased a new position in Ouster during the third quarter worth about $2,559,000. Pekin Hardy Strauss Inc. increased its stake in Ouster by 23.5% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 6,975 shares of the company's stock worth $281,000 after acquiring an additional 1,325 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in Ouster in the 3rd quarter worth about $442,000. 31.45% of the stock is currently owned by institutional investors.

Key Ouster News

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Revenue increased 50% year over year to about $59.3 million, beating the $56.3 million estimate. Ouster shipped more than 27,000 sensors, including record shipments of Stereolabs cameras; reported gross margin was 49%. Ouster Revenue Rises 50% as Physical AI Sensor Shipments Set Record
• Positive Sentiment: Ouster forecast fourth-quarter revenue of $61 million to $64 million, suggesting continued growth from Q3 and supporting the company’s expansion outlook. Ouster Expects Q4 Revenue Range $61.0M–$64.0M
• Negative Sentiment: Ouster lost $0.20 per share. That was an improvement from its $0.37 loss a year earlier and beat one published estimate of a $0.30 loss, but missed another consensus estimate of an $0.08 loss—highlighting ongoing losses and uncertainty around expectations. Ouster Reports Q3 Loss, Beats Revenue Estimates

About Ouster

Ouster, Inc is a technology company that develops and manufactures digital lidar sensors and related software. Its lidar systems use laser light to detect and measure surrounding objects, supporting applications that require real-time perception, mapping, and automation.

The company's products are designed for customers in the automotive, industrial automation, robotics, infrastructure, mapping, security, and smart-city markets. Ouster provides lidar sensors for uses such as autonomous and assisted driving, warehouse and industrial operations, traffic monitoring, asset inspection, and other machine-perception applications.

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