Brokerages Set Onestream, Inc. (NASDAQ:OS) Target Price at $32.25

Shares of Onestream, Inc. (NASDAQ:OS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the twenty-two research firms that are covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, nineteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $32.14.

A number of research analysts have commented on the stock. Morgan Stanley reduced their price target on shares of Onestream from $34.00 to $27.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. BMO Capital Markets decreased their target price on Onestream from $38.00 to $34.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 12th. Piper Sandler reduced their price objective on shares of Onestream from $37.00 to $24.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 23rd. BNP Paribas assumed coverage on Onestream in a report on Tuesday, April 22nd. They issued an "outperform" rating and a $30.00 price objective on the stock. Finally, Stephens assumed coverage on Onestream in a report on Wednesday, March 19th. They issued an "overweight" rating and a $27.00 price target for the company.

Insider Activity at Onestream

In related news, Director John Kinzer sold 40,000 shares of the stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of $20.28, for a total value of $811,200.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO William A. Koefoed sold 10,000 shares of the company's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $25.04, for a total transaction of $250,400.00. The disclosure for this sale can be found here. 12.77% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp purchased a new stake in shares of Onestream in the third quarter valued at approximately $3,878,000. Barclays PLC purchased a new stake in shares of Onestream during the 3rd quarter worth $369,000. Geode Capital Management LLC purchased a new stake in shares of Onestream in the 3rd quarter worth about $10,331,000. Franklin Resources Inc. purchased a new position in shares of Onestream in the third quarter valued at $3,491,000. Finally, JPMorgan Chase & Co. purchased a new position in Onestream in the third quarter valued at about $1,037,000.

Onestream Stock Performance

Shares of Onestream stock traded up $0.51 on Friday, hitting $21.91. 300,214 shares of the company's stock traded hands, compared to its average volume of 1,146,995. Onestream has a one year low of $16.69 and a one year high of $35.39. The firm's 50-day moving average price is $21.33 and its two-hundred day moving average price is $26.72.

Onestream (NASDAQ:OS - Get Free Report) last announced its quarterly earnings results on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.05. As a group, equities research analysts predict that Onestream will post 0.05 EPS for the current year.

About Onestream

OneStream, Inc is a holding company, which engages in the development of 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. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.