Onestream (NASDAQ:OS) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Onestream (NASDAQ:OS) had its price objective raised by Robert W. Baird from $35.00 to $38.00 in a research report report published on Friday,Benzinga reports. The firm currently has an outperform rating on the stock.

Other research analysts have also issued research reports about the company. Bank of America boosted their price target on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Piper Sandler increased their price target on shares of Onestream from $32.00 to $34.00 and gave the company an “overweight” rating in a research note on Wednesday, September 4th. Citigroup began coverage on shares of Onestream in a research note on Monday, August 19th. They set a “neutral” rating and a $34.00 price objective on the stock. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a research note on Thursday, August 1st. Finally, BTIG Research assumed coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $37.00 price objective on the stock. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Onestream Trading Up 6.2 %

Shares of NASDAQ:OS opened at $34.33 on Friday. The business’s 50-day simple moving average is $30.88. Onestream has a one year low of $24.50 and a one year high of $35.39.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. TimesSquare Capital Management LLC acquired a new position in Onestream in the third quarter valued at about $67,746,000. Primecap Management Co. CA acquired a new position in shares of Onestream in the 3rd quarter valued at approximately $9,017,000. Seven Grand Managers LLC bought a new stake in shares of Onestream during the 3rd quarter worth approximately $6,780,000. King Luther Capital Management Corp acquired a new stake in shares of Onestream during the 3rd quarter worth approximately $3,051,000. Finally, Dakota Wealth Management bought a new position in Onestream in the third quarter valued at approximately $2,412,000.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.