Cantor Fitzgerald Upgrades Ouster (NASDAQ:OUST) to “Overweight”

Ouster (NASDAQ:OUST) was upgraded by equities researchers at Cantor Fitzgerald from a “neutral” rating to an “overweight” rating in a note issued to investors on Wednesday, Briefing.com reports.

Several other brokerages have also recently weighed in on OUST. Rosenblatt Securities reissued a “buy” rating and set a $53.00 price target on shares of Ouster in a research report on Thursday, August 27th. Weiss Ratings restated a “sell (d-)” rating on shares of Ouster in a research report on Wednesday, August 12th. Oppenheimer restated an “outperform” rating and issued a $57.00 price objective (up from $42.00) on shares of Ouster in a research report on Wednesday, July 15th. Citigroup reaffirmed an “outperform” rating on shares of Ouster in a research note on Tuesday, July 21st. Finally, Northland Securities set a $60.00 target price on Ouster and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. Seven research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.67.

Ouster Stock Up 2.7%

NASDAQ OUST opened at $28.98 on Wednesday. The stock’s 50-day simple moving average is $35.56 and its two-hundred day simple moving average is $32.43. Ouster has a twelve month low of $16.40 and a twelve month high of $63.79. The company has a market capitalization of $2.09 billion, a price-to-earnings ratio of -33.70 and a beta of 3.47.

Ouster (NASDAQ:OUST) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported ($0.20) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.12). The business had revenue of $59.33 million during the quarter, compared to the consensus estimate of $56.30 million. Ouster had a negative return on equity of 17.49% and a negative net margin of 26.02%. On average, equities analysts expect that Ouster will post -1.07 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ouster news, CTO Mark Frichtl sold 18,778 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $33.96, for a total transaction of $637,700.88. Following the completion of the transaction, the chief technology officer owned 318,987 shares of the company’s stock, valued at approximately $10,832,798.52. This trade represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Charles Pacala sold 30,385 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $33.96, for a total transaction of $1,031,874.60. Following the transaction, the chief executive officer directly owned 1,041,816 shares of the company’s stock, valued at $35,380,071.36. This represents a 2.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 141,651 shares of company stock valued at $5,305,817. Insiders own 5.72% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. 180 Wealth Advisors LLC boosted its holdings in Ouster by 1.3% in the third quarter. 180 Wealth Advisors LLC now owns 59,290 shares of the company’s stock worth $2,392,000 after acquiring an additional 744 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Ouster by 66.2% in the third quarter. Parallel Advisors LLC now owns 866 shares of the company’s stock worth $35,000 after acquiring an additional 345 shares during the last quarter. CenterBook Partners LP purchased a new stake in shares of Ouster in the third quarter worth $2,559,000. Pekin Hardy Strauss Inc. increased its holdings in shares of Ouster by 23.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 6,975 shares of the company’s stock valued at $281,000 after acquiring an additional 1,325 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Ouster during the third quarter valued at $442,000. Institutional investors own 31.45% of the company’s stock.

Key Stories Impacting Ouster

Here are the key news stories impacting Ouster this week:

• Positive Sentiment: Revenue increased 50% year over year to about $59.3 million, beating the $56.3 million estimate. Ouster shipped more than 27,000 sensors, including record shipments of Stereolabs cameras; reported gross margin was 49%. Ouster Revenue Rises 50% as Physical AI Sensor Shipments Set Record
• Positive Sentiment: Ouster forecast fourth-quarter revenue of $61 million to $64 million, suggesting continued growth from Q3 and supporting the company’s expansion outlook. Ouster Expects Q4 Revenue Range $61.0M–$64.0M
• Negative Sentiment: Ouster lost $0.20 per share. That was an improvement from its $0.37 loss a year earlier and beat one published estimate of a $0.30 loss, but missed another consensus estimate of an $0.08 loss—highlighting ongoing losses and uncertainty around expectations. Ouster Reports Q3 Loss, Beats Revenue Estimates

About Ouster

Ouster, Inc is a technology company that develops and manufactures digital lidar sensors and related software. Its lidar systems use laser light to detect and measure surrounding objects, supporting applications that require real-time perception, mapping, and automation.

The company’s products are designed for customers in the automotive, industrial automation, robotics, infrastructure, mapping, security, and smart-city markets. Ouster provides lidar sensors for uses such as autonomous and assisted driving, warehouse and industrial operations, traffic monitoring, asset inspection, and other machine-perception applications.