Cantor Fitzgerald Predicts Ouster FY2025 Earnings

Ouster, Inc. (NYSE:OUST) – Cantor Fitzgerald issued their FY2025 earnings per share (EPS) estimates for Ouster in a research report issued to clients and investors on Tuesday, January 21st. Cantor Fitzgerald analyst A. Sheppard expects that the company will earn ($1.63) per share for the year. Cantor Fitzgerald has a “Overweight” rating and a $10.00 price target on the stock. The consensus estimate for Ouster’s current full-year earnings is ($2.20) per share.

Ouster (NYSE:OUST) last released its earnings results on Thursday, November 7th. The company reported ($0.54) earnings per share for the quarter. Ouster had a negative return on equity of 65.17% and a negative net margin of 106.50%. The business had revenue of $28.08 million during the quarter. During the same quarter in the previous year, the company earned ($0.89) earnings per share.

OUST has been the subject of a number of other research reports. Northland Securities initiated coverage on Ouster in a research note on Thursday, December 12th. They set an “outperform” rating and a $14.00 price objective for the company. Rosenblatt Securities reiterated a “buy” rating and issued a $17.00 price target on shares of Ouster in a research note on Friday, November 8th. Finally, Northland Capmk raised shares of Ouster to a “strong-buy” rating in a research report on Thursday, December 12th. One research analyst has rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Ouster currently has a consensus rating of “Buy” and a consensus price target of $13.17.

Ouster Stock Performance

Shares of NYSE OUST opened at $10.46 on Thursday. The company has a 50 day simple moving average of $10.87 and a two-hundred day simple moving average of $9.48. Ouster has a fifty-two week low of $4.65 and a fifty-two week high of $16.88. The company has a market capitalization of $520.59 million, a price-to-earnings ratio of -4.07 and a beta of 2.39.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp increased its position in shares of Ouster by 2.4% during the 3rd quarter. State Street Corp now owns 1,649,540 shares of the company’s stock valued at $10,392,000 after purchasing an additional 37,926 shares during the last quarter. Geode Capital Management LLC grew its position in Ouster by 6.8% during the third quarter. Geode Capital Management LLC now owns 975,407 shares of the company’s stock valued at $6,146,000 after buying an additional 62,202 shares during the period. Marshall Wace LLP increased its holdings in Ouster by 184.9% during the second quarter. Marshall Wace LLP now owns 653,530 shares of the company’s stock valued at $6,424,000 after buying an additional 424,178 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Ouster by 10.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 356,407 shares of the company’s stock worth $2,245,000 after acquiring an additional 34,743 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of Ouster during the 2nd quarter worth $1,217,000. 31.45% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, General Counsel Megan Chung sold 13,671 shares of the stock in a transaction on Thursday, December 12th. The stock was sold at an average price of $9.69, for a total transaction of $132,471.99. Following the transaction, the general counsel now directly owns 149,647 shares of the company’s stock, valued at $1,450,079.43. This represents a 8.37 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark Weinswig sold 31,397 shares of Ouster stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $8.72, for a total value of $273,781.84. Following the completion of the sale, the chief financial officer now directly owns 198,650 shares of the company’s stock, valued at $1,732,228. The trade was a 13.65 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 80,415 shares of company stock valued at $748,620 over the last ninety days. 7.81% of the stock is currently owned by corporate insiders.

Ouster Company Profile

Ouster, Inc provides lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries in Americas, the Asia-Pacific, Europe, the Middle East, and Africa. Its products include high-resolution scanning and solid-state digital lidar sensors, analog lidar sensors, and software solutions.