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S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
Critical asset just had biggest fall on record (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
NYSE:OUST

Ouster (OUST) Stock Price, News & Analysis

$5.55
+0.12 (+2.21%)
(As of 03/1/2024 ET)
Today's Range
$5.24
$5.61
50-Day Range
$4.71
$8.32
52-Week Range
$3.21
$11.50
Volume
618,244 shs
Average Volume
740,358 shs
Market Capitalization
$225.83 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$13.90

Ouster MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
150.5% Upside
$13.90 Price Target
Short Interest
Bearish
21.76% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
-0.08mentions of Ouster in the last 14 days
Based on 23 Articles This Week
Insider Trading
Selling Shares
$52,331 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($10.19) to ($3.60) Per Share

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.

1.45 out of 5 stars

Computer And Technology Sector

483rd out of 595 stocks

General Industrial Machinery, Industry

9th out of 10 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

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What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
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National Affairs: Ouster in Oklahoma
Business & Finance: Another Ouster
See More Headlines
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Company Calendar

Last Earnings
11/08/2021
Today
3/01/2024
Next Earnings (Estimated)
3/28/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General industrial machinery,
Sub-Industry
N/A
Fax
N/A
Employees
270
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.90
High Stock Price Target
$30.00
Low Stock Price Target
$7.50
Potential Upside/Downside
+150.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$-138,560,000.00
Net Margins
-540.74%
Pretax Margin
-539.98%

Debt

Sales & Book Value

Annual Sales
$41.03 million
Book Value
$9.20 per share

Miscellaneous

Free Float
38,250,000
Market Cap
$226.24 million
Optionable
Optionable
Beta
2.48
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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 50)
    General Counsel & Corporate Secretary
  • Mr. Cyrille Jacquemet
    Senior Vice President of Global Sales
  • Stephen Kim
    Head of Sales in South Korea
  • Sarah Ewing
    Investor Relations Officer














OUST Stock Analysis - Frequently Asked Questions

Should I buy or sell Ouster stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ouster in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street 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?

4 brokerages have issued 1 year target prices for Ouster's shares. Their OUST share price targets range from $7.50 to $30.00. On average, they predict the company's stock price to reach $13.90 in the next year. This suggests a possible upside of 150.5% 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 the year. Since then, OUST stock has decreased by 27.6% and is now trading at $5.55.
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, March 28th 2024.
View our OUST earnings forecast
.

How were Ouster's earnings last quarter?

Ouster, Inc. (NYSE:OUST) issued its earnings results on Monday, November, 8th. The company reported ($0.80) earnings per share (EPS) for the quarter, topping the consensus estimate of ($1.50) by $0.70. The company had revenue of $7.76 million for the quarter. Ouster had a negative net margin of 540.74% and a negative trailing twelve-month return on equity of 108.51%.

When did Ouster's stock split?

Shares of Ouster reverse split 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 fourth quarter 2023 earnings guidance on Tuesday, January, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $24.0 million-, compared to the consensus revenue estimate of $24.3 million.

Who are Ouster's major shareholders?

Ouster's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.32%), AIGH Capital Management LLC (4.56%), Penn Capital Management Company LLC (2.18%), New York State Common Retirement Fund (1.48%), Mitsubishi UFJ Asset Management Co. Ltd. (1.47%) and Worth Venture Partners LLC (1.15%). 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 3/2/2024 by MarketBeat.com Staff