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

Key Points

• OneStream's stock has been given a sell (E+) rating by Weiss Ratings, while other analysts have varied opinions, with Morgan Stanley maintaining an overweight rating.
• The company's recent earnings beat expectations, reporting $0.05 EPS, and a revenue of $147.59 million, which is a 25.6% increase year-over-year.
• Recent insider selling saw CFO William A. Koefoed offload 25,000 shares at an average price of $25, indicating a decrease in his stake by 9.51%.

OneStream (NASDAQ:OS - Get Free Report)'s stock had its "sell (e+)" rating reaffirmed by Weiss Ratings in a report released on Wednesday,Weiss Ratings reports.

Other research analysts have also recently issued research reports about the stock. Morgan Stanley restated an "overweight" rating on shares of OneStream in a report on Friday, September 19th. Wedbush lowered their price objective 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. Piper Sandler lowered their price objective on shares of OneStream from $34.00 to $28.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. BMO Capital Markets lowered their price objective on shares of OneStream from $33.00 to $28.00 and set an "outperform" rating on the stock in a research report on Friday, August 8th. Finally, 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. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $29.94.

OneStream Trading Up 2.0%

Shares of OneStream stock opened at $18.50 on Wednesday. The company has a fifty day simple moving average of $20.07 and a 200-day simple moving average of $23.17. OneStream has a 12-month low of $16.69 and a 12-month high of $35.39. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of -12.42 and a beta of 2.08.

OneStream (NASDAQ:OS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.05 earnings per share (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 27.54%. The business had revenue of $147.59 million during the quarter, compared to analysts' expectations of $141.10 million. The company'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. On average, analysts forecast that OneStream will post 0.05 earnings per share for the current fiscal year.

Insider Activity

In other news, CFO William A. Koefoed sold 25,000 shares of the stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $25.00, for a total value of $625,000.00. Following the completion of the transaction, the chief financial officer owned 237,839 shares in the company, valued at $5,945,975. This trade represents a 9.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Kinzer sold 30,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $20.00, for a total transaction of $600,000.00. The disclosure for this sale can be found here. Insiders sold 143,943 shares of company stock worth $3,076,385 in the last 90 days. 12.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On OneStream

Hedge funds have recently added to or reduced their stakes in the business. 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 valued at $41,000 after acquiring an additional 585 shares in 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 valued at $46,000 after acquiring an additional 499 shares in the last quarter. Rhumbline Advisers purchased a new position in OneStream during the 1st quarter valued at about $35,000. KBC Group NV purchased a new position in OneStream during the 2nd quarter valued at about $58,000. Finally, Fourth Dimension Wealth LLC purchased a new position in OneStream during the 2nd quarter valued at about $174,000.

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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