OneStream (NASDAQ:OS) Earns Sell (E+) Rating from Weiss Ratings

Key Points

• OneStream's stock has received a Sell (E+) rating from Weiss Ratings, indicating a negative outlook from this respected research firm.
• Recent price targets for OneStream have been adjusted downward by several financial institutions, with Piper Sandler lowering its price objective from $34.00 to $28.00.
• The company reported a revenue increase of 25.6% year-over-year, reaching $147.59 million, while also exceeding EPS estimates with earnings of $0.05 per share.

OneStream (NASDAQ:OS - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.

Several other research firms have also weighed in on OS. Piper Sandler reduced their price objective on OneStream from $34.00 to $28.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Citigroup reaffirmed a "neutral" rating and issued a $29.00 price objective (up from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Raymond James Financial reduced their price objective on OneStream from $29.00 to $27.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. BMO Capital Markets reduced their price objective on OneStream from $33.00 to $28.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Finally, Mizuho reduced their price objective on OneStream from $33.00 to $30.00 and set an "outperform" rating on the stock in a research note on Friday, August 8th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.94.

OneStream Trading Down 0.2%

Shares of NASDAQ:OS opened at $17.99 on Friday. The stock's 50-day moving average price is $19.06 and its two-hundred day moving average price is $22.89. OneStream has a 12-month low of $16.51 and a 12-month high of $35.39. The firm has a market cap of $4.37 billion, a price-to-earnings ratio of -12.07 and a beta of 2.08.

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

Insider Activity at OneStream

In related news, CRO Ken Hohenstein sold 40,000 shares of the firm's stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $16.85, for a total transaction of $674,000.00. Following the sale, the executive directly owned 997,062 shares in the company, valued at approximately $16,800,494.70. This trade represents a 3.86% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director John Kinzer sold 30,000 shares of OneStream stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $20.00, for a total value of $600,000.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 138,943 shares of company stock worth $2,622,985. 12.77% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On OneStream

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Primecap Management Co. CA increased its holdings in OneStream by 0.3% during the 1st quarter. Primecap Management Co. CA now owns 145,100 shares of the company's stock worth $3,096,000 after purchasing an additional 400 shares during the last quarter. Arizona State Retirement System increased its holdings in OneStream by 4.0% during the 1st quarter. Arizona State Retirement System now owns 11,732 shares of the company's stock worth $250,000 after purchasing an additional 454 shares during the last quarter. First Horizon Advisors Inc. increased its holdings in OneStream by 44.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company's stock worth $46,000 after purchasing an additional 499 shares during the last quarter. Advisors Asset Management Inc. increased its holdings in OneStream by 68.3% during the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company's stock worth $41,000 after purchasing an additional 585 shares during the last quarter. Finally, IFP Advisors Inc increased its holdings in OneStream by 10.6% during the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock worth $139,000 after purchasing an additional 624 shares during the last quarter.

OneStream Company Profile

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.

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