OneStream, Inc. (NASDAQ:OS) Receives $29.94 Average PT from Brokerages

Key Points

• OneStream, Inc. has received an average recommendation of "Moderate Buy" from eighteen brokerages, with 16 assigning buy ratings and 2 recommending hold.
• Following recent analyst updates, the average twelve-month price target for the stock is set at $29.94, indicating potential growth despite fluctuations in individual price targets.
• Despite a 2.4% drop in stock value, OneStream reported a strong quarterly performance with a revenue increase of 25.6% year-over-year, surpassing analysts' expectations.

Shares of OneStream, Inc. (NASDAQ:OS - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eighteen ratings firms that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $29.9412.

A number of research analysts have issued reports on the stock. Stephens boosted their price objective on shares of OneStream from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Citigroup reissued a "neutral" rating and set a $29.00 price objective (up from $27.00) on shares of OneStream in a research report on Wednesday, July 16th. William Blair began coverage on OneStream in a research report on Tuesday, May 20th. They issued an "outperform" rating for the company. BMO Capital Markets lowered their price objective on OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research report on Friday, August 8th. Finally, Wedbush reduced their target price on shares of OneStream from $35.00 to $25.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th.

OneStream Stock Performance

NASDAQ:OS traded up $0.96 during midday trading on Friday, reaching $20.79. 2,780,129 shares of the stock traded hands, compared to its average volume of 2,159,747. The company has a fifty day moving average of $23.72 and a 200 day moving average of $23.90. OneStream has a 12 month low of $16.69 and a 12 month high of $35.39. The stock has a market capitalization of $5.05 billion, a P/E ratio of -13.95 and a beta of 2.31.

OneStream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 27.54%. The company had revenue of $147.59 million during the quarter, compared to analyst estimates of $141.10 million. OneStream's quarterly revenue was up 25.6% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.070-0.150 EPS. Q3 2025 guidance at 0.010-0.030 EPS. On average, analysts predict that OneStream will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at OneStream

In other news, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $28.26, for a total transaction of $847,800.00. Following the completion of the transaction, the director directly owned 7,130 shares in the company, valued at approximately $201,493.80. This trade represents a 80.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Ken Hohenstein sold 20,000 shares of the business's stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $21.56, for a total value of $431,200.00. Following the completion of the sale, the executive directly owned 1,003,163 shares in the company, valued at approximately $21,628,194.28. This represents a 1.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 168,973 shares of company stock valued at $4,459,158. 12.77% of the stock is currently owned by company insiders.

Institutional Trading of OneStream

Several institutional investors have recently bought and sold shares of OS. Rhumbline Advisers purchased a new stake in shares of OneStream during the 1st quarter valued at about $35,000. Advisors Asset Management Inc. boosted its holdings in shares of OneStream by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company's stock valued at $41,000 after acquiring an additional 585 shares during the last quarter. First Horizon Advisors Inc. boosted its holdings in shares of OneStream by 44.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company's stock valued at $46,000 after acquiring an additional 499 shares during the last quarter. KBC Group NV purchased a new stake in shares of OneStream during the 2nd quarter valued at about $58,000. Finally, IFP Advisors Inc boosted its holdings in shares of OneStream by 10.6% during the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock valued at $139,000 after acquiring an additional 624 shares during the last quarter.

About OneStream

OneStream, Inc is a holding company, which engages in the development of an artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. The company was founded by Craig Colby and Thomas Shea on October 15, 2021 and is headquartered in Birmingham, MI.