Wedbush Issues Pessimistic Forecast for OneStream (NASDAQ:OS) Stock Price

Key Points

• OneStream's price target was lowered by Wedbush from $35.00 to $25.00, which suggests a potential upside of 27.19% from its current price.
• Despite the price downgrade, 20 analysts have rated OneStream as a buy, indicating strong market confidence in the company's future.
• The stock experienced a significant drop on Friday, trading down 11.5% to $19.66 during midday trading.

OneStream (NASDAQ:OS - Get Free Report) had its price target decreased by analysts at Wedbush from $35.00 to $25.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Wedbush's price objective indicates a potential upside of 25.19% from the company's current price. Wedbush also issued estimates for OneStream's Q4 2025 earnings at $0.02 EPS, FY2025 earnings at $0.12 EPS and Q2 2026 earnings at $0.05 EPS.

Other research analysts also recently issued research reports about the company. Mizuho cut their price target on OneStream from $33.00 to $30.00 and set an "outperform" rating for the company in a research note on Friday. BNP Paribas assumed coverage on OneStream in a research note on Tuesday, April 22nd. They issued an "outperform" rating and a $30.00 target price for the company. Citigroup restated a "neutral" rating and issued a $29.00 target price (up previously from $27.00) on shares of OneStream in a research note on Wednesday, July 16th. Bank of America raised their target price on OneStream from $29.00 to $33.00 and gave the stock a "buy" rating in a research note on Wednesday, May 14th. Finally, BMO Capital Markets cut their target price on OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research note on Friday. Two investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $30.81.

OneStream Trading Up 1.9%

Shares of OS traded up $0.37 during trading hours on Friday, reaching $19.97. The stock had a trading volume of 2,053,662 shares, compared to its average volume of 1,456,930. OneStream has a 12 month low of $16.69 and a 12 month high of $35.39. The firm has a 50-day simple moving average of $26.05 and a 200 day simple moving average of $24.76. The company has a market capitalization of $4.77 billion and a price-to-earnings ratio of -13.40.

OneStream (NASDAQ:OS - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. OneStream had a negative net margin of 45.07% and a negative return on equity of 28.38%. The firm had revenue of $147.59 million during the quarter, compared to analyst estimates of $141.10 million. The business's revenue for the quarter was up 25.6% on a year-over-year basis. On average, equities analysts forecast that OneStream will post 0.05 EPS for the current year.

Insider Activity

In other news, CEO Thomas Anthony Shea sold 9,913 shares of the stock in a transaction that occurred on Wednesday, June 11th. The stock was sold at an average price of $28.23, for a total value of $279,843.99. Following the sale, the chief executive officer directly owned 496,854 shares in the company, valued at approximately $14,026,188.42. This represents a 1.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO William A. Koefoed sold 25,000 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of $28.76, for a total value of $719,000.00. Following the completion of the sale, the chief financial officer owned 253,694 shares in the company, valued at approximately $7,296,239.44. The trade was a 8.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 193,973 shares of company stock valued at $5,300,358 over the last ninety days. 12.77% of the stock is owned by corporate insiders.

Institutional Trading of OneStream

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Primecap Management Co. CA raised its stake in OneStream by 0.3% in the 1st quarter. Primecap Management Co. CA now owns 145,100 shares of the company's stock worth $3,096,000 after acquiring an additional 400 shares during the last quarter. Arizona State Retirement System raised its stake in OneStream by 4.0% in the 1st quarter. Arizona State Retirement System now owns 11,732 shares of the company's stock worth $250,000 after acquiring an additional 454 shares during the last quarter. First Horizon Advisors Inc. raised its stake in OneStream by 44.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company's stock worth $46,000 after acquiring an additional 499 shares during the last quarter. IFP Advisors Inc raised its stake in OneStream by 10.6% in the 1st quarter. IFP Advisors Inc now owns 6,506 shares of the company's stock worth $139,000 after acquiring an additional 624 shares during the last quarter. Finally, Norden Group LLC raised its stake in OneStream by 3.7% in the 1st quarter. Norden Group LLC now owns 21,906 shares of the company's stock worth $467,000 after acquiring an additional 788 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.