Cantor Fitzgerald Increases Earnings Estimates for Ouster

Key Points

• Cantor Fitzgerald has raised its FY2025 earnings estimates for Ouster, projecting a loss of ($1.51) per share, an improvement from the previous estimate of ($1.69).
• Westpark Capital upgraded Ouster's stock rating from "hold" to "buy", contributing to a consensus rating of "Buy" with a target price of $15.24.
• Institutional investors have significantly increased their stakes in Ouster, with ownership climbing to 31.45% of the company's stock.

Ouster, Inc. (NYSE:OUST - Free Report) - Stock analysts at Cantor Fitzgerald lifted their FY2025 earnings per share estimates for shares of Ouster in a research report issued to clients and investors on Tuesday, August 12th. Cantor Fitzgerald analyst A. Sheppard now expects that the company will post earnings of ($1.51) per share for the year, up from their previous estimate of ($1.69). Cantor Fitzgerald has a "Neutral" rating and a $19.00 price objective on the stock. The consensus estimate for Ouster's current full-year earnings is ($2.20) per share. Cantor Fitzgerald also issued estimates for Ouster's FY2026 earnings at ($1.17) EPS.

Separately, Westpark Capital upgraded Ouster from a "hold" rating to a "buy" rating in a research report on Wednesday. One investment analyst has rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $15.24.

Ouster Stock Up 2.2%

OUST stock opened at $33.84 on Thursday. The company has a market cap of $1.82 billion, a P/E ratio of -12.87 and a beta of 2.74. Ouster has a twelve month low of $5.84 and a twelve month high of $33.49. The business has a fifty day moving average of $23.52 and a 200-day moving average of $14.08.

Institutional Investors Weigh In On Ouster

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC boosted its position in shares of Ouster by 153.3% during the second quarter. Nisa Investment Advisors LLC now owns 1,211 shares of the company's stock worth $29,000 after buying an additional 733 shares during the period. TD Waterhouse Canada Inc. boosted its position in Ouster by 8,823.5% during the second quarter. TD Waterhouse Canada Inc. now owns 1,517 shares of the company's stock valued at $37,000 after purchasing an additional 1,500 shares during the last quarter. Byrne Asset Management LLC acquired a new stake in shares of Ouster in the first quarter valued at approximately $39,000. FNY Investment Advisers LLC acquired a new stake in shares of Ouster in the first quarter valued at approximately $49,000. Finally, Game Plan Financial Advisors LLC lifted its position in shares of Ouster by 400.0% in the second quarter. Game Plan Financial Advisors LLC now owns 3,000 shares of the company's stock valued at $73,000 after buying an additional 2,400 shares during the last quarter. Institutional investors own 31.45% of the company's stock.

Ouster Company Profile

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.

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