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OneStream (NASDAQ:OS) Sets New 52-Week Low - Here's What Happened

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Key Points

  • OneStream, Inc. (NASDAQ:OS) hit a new 52-week low of $16.55 during trading, down from a previous close of $17.30, with over 676,000 shares exchanged.
  • Several analysts have lowered their price targets for OneStream, with the average target now at $29.94, while maintaining a consensus rating of "Moderate Buy."
  • In the most recent earnings report, OneStream achieved a 25.6% increase in revenue year-over-year, reporting $147.59 million in revenue for the quarter.
  • MarketBeat previews the top five stocks to own by November 1st.

OneStream, Inc. (NASDAQ:OS - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $16.55 and last traded at $16.53, with a volume of 676093 shares trading hands. The stock had previously closed at $17.30.

Analyst Ratings Changes

OS has been the subject of a number of research analyst reports. BMO Capital Markets dropped their price objective on shares of OneStream from $33.00 to $28.00 and set an "outperform" rating for the company in a research note on Friday, August 8th. Piper Sandler decreased their target price on OneStream from $34.00 to $28.00 and set an "overweight" rating for the company in a report on Friday, August 8th. Weiss Ratings reiterated a "sell (e+)" rating on shares of OneStream in a report on Wednesday, October 8th. Raymond James Financial decreased their price target on OneStream from $29.00 to $27.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Finally, Wedbush decreased their price target on OneStream from $35.00 to $25.00 and set an "outperform" rating for the company in a report on Friday, August 8th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $29.94.

Check Out Our Latest Report on OS

OneStream Stock Performance

The company has a market capitalization of $4.04 billion, a PE ratio of -11.17 and a beta of 2.08. The company has a 50 day moving average price of $19.48 and a 200 day moving average price of $22.99.

OneStream (NASDAQ:OS - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. The company had revenue of $147.59 million during the quarter, compared to analysts' expectations of $141.10 million. OneStream had a negative return on equity of 27.54% and a negative net margin of 45.07%.OneStream's revenue for the quarter 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, equities analysts forecast that OneStream, Inc. 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 company's stock in a transaction that occurred on Tuesday, September 16th. The stock was sold at an average price of $18.69, for a total transaction of $747,600.00. Following the sale, the executive directly owned 997,062 shares of the company's stock, valued at approximately $18,635,088.78. This represents a 3.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director John Kinzer sold 30,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The shares were 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 143,943 shares of company stock valued at $3,076,385. Corporate insiders own 12.77% of the company's stock.

Institutional Investors Weigh In On OneStream

Large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers bought a new position in OneStream during the first quarter valued at about $35,000. Advisors Asset Management Inc. boosted its position in shares of OneStream by 68.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company's stock valued at $41,000 after purchasing an additional 585 shares during the period. First Horizon Advisors Inc. lifted 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 in the last quarter. KBC Group NV purchased a new stake in OneStream in the 2nd quarter worth about $58,000. Finally, IFP Advisors Inc lifted 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 in the last quarter.

About OneStream

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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