William Blair Begins Coverage on Onestream (NASDAQ:OS)

Equities researchers at William Blair initiated coverage on shares of Onestream (NASDAQ:OS - Get Free Report) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The brokerage set an "outperform" rating on the stock. William Blair also issued estimates for Onestream's Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.03 EPS, Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.09 EPS, Q1 2026 earnings at $0.05 EPS, Q2 2026 earnings at $0.04 EPS, Q3 2026 earnings at $0.08 EPS, Q4 2026 earnings at $0.08 EPS and FY2026 earnings at $0.25 EPS.

Other research analysts have also recently issued research reports about the stock. BMO Capital Markets raised their price target on shares of Onestream from $29.00 to $33.00 and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Mizuho raised their target price on Onestream from $30.00 to $33.00 and gave the stock an "outperform" rating in a research report on Thursday, May 15th. Wedbush decreased their price target on Onestream from $40.00 to $35.00 and set an "outperform" rating on the stock in a research note on Friday, May 9th. Truist Financial dropped their price objective on Onestream from $37.00 to $27.00 and set a "buy" rating for the company in a research note on Monday, April 7th. Finally, The Goldman Sachs Group cut their price objective on Onestream from $36.00 to $31.00 and set a "buy" rating for the company in a report on Friday, March 28th. Two analysts have rated the stock with a hold rating, twenty have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $32.19.

Onestream Price Performance

Shares of Onestream stock remained flat at $28.44 during trading on Tuesday. The stock had a trading volume of 1,214,456 shares, compared to its average volume of 1,167,159. The business's fifty day moving average is $22.60 and its two-hundred day moving average is $26.20. Onestream has a fifty-two week low of $16.69 and a fifty-two week high of $35.39.

Onestream (NASDAQ:OS - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.04 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.07. The company had revenue of $136.31 million during the quarter, compared to the consensus estimate of $131.08 million. Onestream's revenue for the quarter was up 23.6% on a year-over-year basis. As a group, equities research analysts predict that Onestream will post 0.05 earnings per share for the current year.

Insiders Place Their Bets

In other Onestream news, Director John Kinzer sold 40,000 shares of the firm's stock in a transaction dated Wednesday, April 9th. The stock was sold at an average price of $20.28, for a total value of $811,200.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CRO Ken Hohenstein sold 20,000 shares of the company's stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $27.67, for a total transaction of $553,400.00. Following the completion of the transaction, the executive now owns 1,009,443 shares in the company, valued at approximately $27,931,287.81. This trade represents a 1.94% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 12.77% of the company's stock.

Hedge Funds Weigh In On Onestream

Large investors have recently modified their holdings of the company. T. Rowe Price Investment Management Inc. grew its holdings in Onestream by 136.1% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 8,937,682 shares of the company's stock worth $190,731,000 after acquiring an additional 5,152,719 shares during the last quarter. Norges Bank purchased a new stake in shares of Onestream during the fourth quarter worth about $119,214,000. Champlain Investment Partners LLC bought a new stake in shares of Onestream in the fourth quarter worth about $98,076,000. Temasek Holdings Private Ltd increased its holdings in Onestream by 2,206.9% during the 1st quarter. Temasek Holdings Private Ltd now owns 2,956,360 shares of the company's stock valued at $63,089,000 after purchasing an additional 2,828,209 shares during the period. Finally, Alkeon Capital Management LLC purchased a new position in Onestream during the 1st quarter valued at about $53,910,000.

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.