
Ouster, Inc. (OUST)
Ouster, Inc. is a technology company that specializes in designing and manufacturing high-resolution digital lidar sensors for autonomous vehicles, robotics, and industrial applications. Founded in 2015, the company focuses on providing scalable and affordable sensing solutions to enable advanced perception capabilities across various sectors. Ouster's lidar sensors are known for their reliability, compact design, and high performance, supporting the development of autonomous systems and smart infrastructure.
Company News
In the last three months, 6 analysts have published ratings on Ouster (NYSE:OUST), offering a diverse range of perspectives from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 0 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 1 0 0 2M Ago 2 0 1 0 0 3M Ago 0 0 1 0 0 Analysts have recently evaluated Ouster and provided 12-month price targets. The average target is $13.17, accompanied by a high estimate of $17.00 and a low estimate of $10.00. This current average reflects an increase of 19.73% from the previous average price target of $11.00. Investigating Analyst Ratings: An Elaborate Study In examining recent analyst actions, we gain insights into how financial experts perceive Ouster. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Andres Sheppard Cantor Fitzgerald Maintains Neutral $13.00 $13.00 Andres Sheppard Cantor Fitzgerald Maintains Neutral $13.00 $13.00 Andres Sheppard Cantor Fitzgerald Raises Neutral $13.00 $8.00 Richard Shannon Craig-Hallum Raises Buy $13.00 $10.00 Kevin Cassidy Rosenblatt Raises Buy $17.00 $12.00 Brian Dobson Chardan Capital Maintains Neutral $10.00 $10.00 Key Insights: Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Ouster. ...Full story available on Benzinga.com
Ouster, Inc. (OUST) closed at $9.83 in the latest trading session, marking a -1.99% move from the prior day.
Ouster reports strong bookings numbers for Q2'23, signaling that the company is in growth mode. See why I remain ultra bullish on OUST stock.
Investors are happy with Ouster's Q2 results, and the company's bottom line could improve significantly.