Cantor Fitzgerald Comments on Ouster FY2026 Earnings

Ouster, Inc. (NYSE:OUST - Free Report) - Analysts at Cantor Fitzgerald issued their FY2026 earnings per share estimates for Ouster in a note issued to investors on Monday, June 9th. Cantor Fitzgerald analyst A. Sheppard anticipates that the company will post earnings of ($1.28) per share for the year. Cantor Fitzgerald currently has a "Neutral" rating and a $19.00 price target on the stock. The consensus estimate for Ouster's current full-year earnings is ($2.20) per share.

Several other equities research analysts have also recently weighed in on OUST. Westpark Capital cut Ouster from a "strong-buy" rating to a "hold" rating in a research note on Thursday. UBS Group set a $16.00 target price on Ouster in a research note on Thursday, March 27th. Rosenblatt Securities restated a "buy" rating and set a $17.00 target price on shares of Ouster in a research note on Friday, March 21st. Finally, Oppenheimer initiated coverage on Ouster in a research note on Thursday, March 27th. They set an "outperform" rating and a $16.00 target price for the company. Two equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Ouster presently has an average rating of "Moderate Buy" and a consensus price target of $15.24.

Ouster Trading Down 7.2%

NYSE OUST traded down $1.41 on Wednesday, hitting $18.07. 3,884,700 shares of the company's stock were exchanged, compared to its average volume of 1,469,827. The stock has a 50-day moving average of $10.25 and a 200-day moving average of $10.09. Ouster has a 52 week low of $5.84 and a 52 week high of $20.90. The stock has a market cap of $971.55 million, a price-to-earnings ratio of -7.03 and a beta of 2.48.

Insider Activity

In related news, General Counsel Megan Chung sold 5,800 shares of the firm's stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of $11.24, for a total transaction of $65,192.00. Following the completion of the transaction, the general counsel now directly owns 220,762 shares of the company's stock, valued at $2,481,364.88. This trade represents a 2.56% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 6.63% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in OUST. Byrne Asset Management LLC bought a new position in shares of Ouster in the 1st quarter worth about $39,000. FNY Investment Advisers LLC purchased a new position in shares of Ouster in the 1st quarter worth approximately $49,000. Daiwa Securities Group Inc. boosted its stake in shares of Ouster by 18.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 6,977 shares of the company's stock worth $85,000 after buying an additional 1,063 shares during the last quarter. AlphaQuest LLC boosted its stake in shares of Ouster by 27.8% in the 1st quarter. AlphaQuest LLC now owns 10,566 shares of the company's stock worth $95,000 after buying an additional 2,296 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Ouster in the first quarter valued at approximately $97,000. 31.45% of the stock is owned by institutional investors.

About Ouster

Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.