OneStream (NASDAQ:OS) Cut to “Hold” at Truist Financial

OneStream (NASDAQ:OS) was downgraded by equities researchers at Truist Financial from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

OS has been the topic of several other research reports. Guggenheim downgraded OneStream from a “buy” rating to a “neutral” rating in a research report on Wednesday. Morgan Stanley reiterated an “equal weight” rating and set a $24.00 price objective (down from $27.00) on shares of OneStream in a research note on Wednesday. Rosenblatt Securities reissued a “neutral” rating and set a $24.00 price objective (down previously from $26.00) on shares of OneStream in a report on Wednesday. Wedbush downgraded OneStream from an “outperform” rating to a “hold” rating and set a $24.00 target price for the company. in a research note on Tuesday. Finally, BMO Capital Markets cut OneStream from an “outperform” rating to a “market perform” rating and decreased their price target for the company from $25.00 to $24.00 in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, seventeen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $26.82.

OneStream Stock Down 0.1%

Shares of NASDAQ:OS opened at $23.58 on Tuesday. The firm has a market capitalization of $5.75 billion, a PE ratio of -49.11 and a beta of 2.04. The company has a 50-day moving average price of $19.64 and a two-hundred day moving average price of $20.82. OneStream has a twelve month low of $16.51 and a twelve month high of $30.93.

OneStream (NASDAQ:OS) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.08 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. The company had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. OneStream’s revenue was up 19.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($1.06) EPS. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts anticipate that OneStream will post 0.05 earnings per share for the current fiscal year.

Insider Activity

In related news, CRO Ken Hohenstein sold 40,000 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $16.85, for a total transaction of $674,000.00. Following the completion of the transaction, the executive directly owned 997,062 shares in the company, valued at $16,800,494.70. The trade was a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO William A. Koefoed sold 9,571 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $17.73, for a total value of $169,693.83. Following the completion of the transaction, the chief financial officer owned 206,127 shares in the company, valued at $3,654,631.71. This represents a 4.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 89,571 shares of company stock valued at $1,532,094. 12.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On OneStream

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new stake in OneStream during the third quarter valued at approximately $27,000. Rhumbline Advisers bought a new position in shares of OneStream in the 1st quarter worth $35,000. Advisors Asset Management Inc. raised its position in shares of 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 buying an additional 585 shares in the last quarter. First Horizon Advisors Inc. lifted its holdings in shares of OneStream by 44.9% during 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 during the last quarter. Finally, KBC Group NV bought a new stake in shares of OneStream during the 2nd quarter worth $58,000.

Key Stories Impacting OneStream

Here are the key news stories impacting OneStream this week:

• Positive Sentiment: Definitive acquisition agreement — Hg to buy OneStream for $6.4B at $24.00/share (all cash), a material premium that explains the sharp rally and provides a clear near‑term cash outcome for public shareholders. OneStream Enters into Definitive Agreement to be Acquired by Hg for $6.4 Billion
• Positive Sentiment: Market reaction — shares spiked roughly 24–28% on the buyout announcement as investors chased the takeover premium and heavy volume confirmed strong market interest. OneStream (OS) Skyrockets 28% on $6.4-Billion Merger With Hg
• Neutral Sentiment: Trading pause/market mechanics — trading was temporarily halted around the announcement (news pending), a routine move that amplified volatility and concentrated volume into a short time window.
• Neutral Sentiment: Momentum sustainability questions — some outlets note the move was large on volume but raise caution that recent earnings-estimate revision trends may limit further upside absent new fundamental catalysts. Onestream (OS) Moves 28.4% Higher: Will This Strength Last?
• Negative Sentiment: Analyst downgrades/target cuts — Needham cut OS from Buy to Hold; TD Cowen and Rosenblatt reaffirmed Hold/Neutral but trimmed price targets to $24 (from $27/$26), reflecting the deal price and removing upside for public trading. These actions can temper post‑deal trading interest. TD Cowen hold rating, price target cut
• Negative Sentiment: Shareholder scrutiny / legal inquiry — a shareholder law firm (Ademi LLP) announced an investigation into whether public shareholders are getting a fair price, which could lead to litigation or push for a higher offer and adds deal uncertainty. Shareholder Alert: The Ademi Firm investigates whether OneStream Inc. is obtaining a Fair Price for its Public Shareholders
• Negative Sentiment: Insider option exercise and sale — reports that OneStream’s CRO exercised options and sold roughly $688k of shares shortly before the buyout announcement raise governance and optics concerns that may attract further scrutiny. OneStream CRO Exercises Options, Sells $688,000 Weeks Before $6.4 Billion Buyout Deal

About OneStream

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.