S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
MarketBeat Week in Review – 4/15 - 4/19
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
MarketBeat Week in Review – 4/15 - 4/19
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
MarketBeat Week in Review – 4/15 - 4/19
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
New York lawmakers pass $237 billion budget with policies to jump-start housing market
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
MarketBeat Week in Review – 4/15 - 4/19
Morning sickness? Prenatal check-ups? What to know about new rights for pregnant workers
Tesla cuts US prices for 3 of its electric vehicle models after a difficult week
A coffee roastery in Finland has launched an AI-generated blend. The results were surprising
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
The House votes for possible TikTok ban in the US, but don't expect the app to go away anytime soon
New York lawmakers pass $237 billion budget with policies to jump-start housing market
NYSE:OUST

Ouster (OUST) Stock Price, News & Analysis

$7.16
+0.17 (+2.43%)
(As of 04/19/2024 ET)
Today's Range
$6.88
$7.22
50-Day Range
$4.74
$10.00
52-Week Range
$3.21
$11.40
Volume
880,607 shs
Average Volume
2.36 million shs
Market Capitalization
$291.20 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$9.50

Ouster MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.60 Rating Score
Upside/​Downside
32.7% Upside
$9.50 Price Target
Short Interest
Bearish
24.52% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.12mentions of Ouster in the last 14 days
Based on 34 Articles This Week
Insider Trading
Selling Shares
$290,359 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.78 out of 5 stars

Computer And Technology Sector

542nd out of 586 stocks

General Industrial Machinery, Industry

7th out of 8 stocks

OUST stock logo

About Ouster Stock (NYSE:OUST)

Ouster, Inc. is a leading provider of digital LiDAR technology that enables high-resolution 3D imaging and mapping for a wide range of applications. The company's mission is to revolutionize the LiDAR industry with cutting-edge technology that delivers superior performance, reliability, and cost-effectiveness. Customers use Ouster's products and services in the automotive, robotics, drones, and mapping industries.

Ouster's key products include digital LiDAR sensors, which use advanced semiconductor technology to capture high-resolution 3D images of the environment. The company's sensors are designed to be compact, rugged, and easy to integrate into a wide range of applications. Ouster also provides software tools and services that help customers optimize their LiDAR data and incorporate it into their workflows.

Ouster's management team is led by Chief Executive Officer Angus Pacala, who co-founded the company in 2015. Pacala has over 20 years of experience in the semiconductor and technology industries, including Apple and Maxim Integrated leadership roles. 

Ouster continues to grow in assets and revenue despite having yet to achieve profitability. The company reports that gross margins are increasing, but liabilities continue to increase, and cash flow continues to decrease. 

Ouster's valuation metrics are generally in line with its industry peers. The company's price-to-sales parallels others in the sector. However, Ouster's price-to-book ratio is high compared to industry peers. This suggests that investors are willing to pay a premium for Ouster's technology and growth prospects.

Ouster's stock price has been volatile since its initial public offering in December 2020. The stock initially surged to a high of $162.50 but has since declined to below five dollars. The decline is likely due to concerns about the company's high valuation, competition from more prominent players in the LiDAR industry, and uncertainty about the broader market for LiDAR technology.

The LiDAR industry is expected to grow rapidly in the coming years, driven by increasing demand for autonomous vehicles, drones, and other applications that require high-resolution 3D imaging. However, the industry is also highly competitive, with prominent players such as Velodyne and Luminar Technologies competing for market share. Ouster's key competitive advantages include its lower cost, more compact sensors, and strong intellectual property portfolio.

Ouster's focus on the automotive industry provides significant growth opportunities for the company. The company's LiDAR technology can be used for advanced driver-assistance systems (ADAS) and autonomous driving applications. With the increasing demand for autonomous vehicles, the company has a significant opportunity to expand its customer base and generate revenue.

In addition to the automotive industry, Ouster is also exploring other markets, such as smart cities, security, and industrial automation. The company's technology can be used in various applications, including monitoring traffic patterns, detecting unauthorized access to secure facilities, and mapping and surveying industrial sites. Ouster's management team has indicated that they are committed to exploring new markets and expanding its product offerings.

The company has partnered with leading automotive manufacturers, including Aptiv, Kodiak Robotics, and Ike. These partnerships have enabled the company to expand its customer base and provide technology to a broader range of applications.

Ouster faces significant competition in the LiDAR market. The market is highly competitive, with several established players, including Velodyne, Luminar, and Innoviz. These companies have significantly greater financial resources than Ouster and may have a competitive advantage in scale.

Another challenge facing Ouster is the regulatory environment. LiDAR technology is still relatively new, and few regulations govern its use. As autonomous driving technology becomes more prevalent, regulators may impose stricter regulations on LiDAR technology. This could result in higher compliance costs for Ouster and could limit the company's ability to operate in specific markets.

Finally, Ouster's success is closely tied to the automotive industry. The industry is cyclical, and changes in consumer demand for vehicles may impact Ouster's revenue. Additionally, the automotive industry is highly competitive, and Ouster may face pressure from its customers to lower its prices, which could negatively impact the company's financial performance.

OUST Stock Price History

OUST Stock News Headlines

Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
Ouster, Inc. (OUST)
Biden’s $374B Giveaway Into This Sector
Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here
See More Headlines
Receive OUST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Ouster and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/26/2024
Today
4/20/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Fax
N/A
Employees
290
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.50
High Stock Price Target
$12.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+32.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Net Income
$-374,110,000.00
Net Margins
-449.23%
Pretax Margin
-448.60%

Debt

Sales & Book Value

Annual Sales
$83.28 million
Book Value
$4.15 per share

Miscellaneous

Free Float
38,231,000
Market Cap
$291.20 million
Optionable
Optionable
Beta
2.55
Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

  • Mr. Charles Angus Pacala (Age 35)
    Co-Founder, CEO & Director
    Comp: $166.4k
  • Dr. Theodore L. Tewksbury III (Age 68)
    Ph.D., Executive Chairman of the Board
  • Mr. Mark Frichtl (Age 35)
    Co-Founder & CTO
    Comp: $129.95k
  • Mr. Mark B. Weinswig (Age 51)
    CFO & Principal Accounting Officer
  • Mr. Darien Spencer (Age 61)
    Chief Operating Officer
    Comp: $568.75k
  • Ms. Megan Chung (Age 49)
    General Counsel & Corporate Secretary
  • Mr. Cyrille Jacquemet
    Senior Vice President of Global Sales
  • Stephen Kim
    Head of Sales in South Korea
  • Mr. Chen Geng C.F.A.
    VP of Strategic Finance & Treasurer
  • Sarah Ewing
    Investor Relations Officer

OUST Stock Analysis - Frequently Asked Questions

Should I buy or sell Ouster stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ouster in the last twelve months. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OUST shares.
View OUST analyst ratings
or view top-rated stocks.

What is Ouster's stock price target for 2024?

5 equities research analysts have issued 12 month target prices for Ouster's stock. Their OUST share price targets range from $7.50 to $12.00. On average, they anticipate the company's stock price to reach $9.50 in the next year. This suggests a possible upside of 32.7% from the stock's current price.
View analysts price targets for OUST
or view top-rated stocks among Wall Street analysts.

How have OUST shares performed in 2024?

Ouster's stock was trading at $7.67 at the beginning of 2024. Since then, OUST shares have decreased by 6.6% and is now trading at $7.16.
View the best growth stocks for 2024 here
.

When is Ouster's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our OUST earnings forecast
.

How can I listen to Ouster's earnings call?

Ouster will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 609-800-9909 with passcode "93428".

How were Ouster's earnings last quarter?

Ouster, Inc. (NYSE:OUST) announced its quarterly earnings results on Tuesday, March, 26th. The company reported ($0.95) EPS for the quarter. The firm earned $24.44 million during the quarter. Ouster had a negative net margin of 449.23% and a negative trailing twelve-month return on equity of 106.16%.

What ETFs hold Ouster's stock?

ETFs with the largest weight of Ouster (NYSE:OUST) stock in their portfolio include ProShares S&P Kensho Smart Factories ETF (MAKX).Direxion Moonshot Innovators ETF (MOON).

When did Ouster's stock split?

Ouster shares reverse split before market open on Friday, April 21st 2023. The 1-10 reverse split was announced on Friday, April 21st 2023. The number of shares owned by shareholders was adjusted after the closing bell on Friday, April 21st 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.

What guidance has Ouster issued on next quarter's earnings?

Ouster issued an update on its first quarter 2024 earnings guidance on Tuesday, March, 26th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $25.0 million-$26.0 million, compared to the consensus revenue estimate of $25.0 million.

Who are Ouster's major shareholders?

Ouster's stock is owned by a number of retail and institutional investors. Top institutional investors include 180 Wealth Advisors LLC (0.05%). Insiders that own company stock include Anna Brunelle, Charles Angus Pacala, Darien Spencer, Ernest E Maddock, Krishna Kantheti, Mark Frichtl, Mark Weinswig, Megan Chung, Nathan Dickerman, Ted L Tewksbury III and Virginia Boulet.
View institutional ownership trends
.

How do I buy shares of Ouster?

Shares of OUST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:OUST) was last updated on 4/21/2024 by MarketBeat.com Staff

From Our Partners