Ouster, Inc. (OUST)
Market Cap | 302.19M |
Revenue (ttm) | 83.28M |
Net Income (ttm) | -374.11M |
Shares Out | 40.67M |
EPS (ttm) | -10.10 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 930,014 |
Open | 7.68 |
Previous Close | 7.56 |
Day's Range | 7.25 - 8.03 |
52-Week Range | 3.21 - 11.40 |
Beta | 2.55 |
Analysts | Buy |
Price Target | 9.50 (+27.86%) |
Earnings Date | May 9, 2024 |
About OUST
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. The company offers Ouster Sensor, a scanning sensor; and Digital Flash, a solid-state flash sensor. It also provides surround-view lidar sensors, which include Ouster Gemini, a perception platform for smart infrastructure deployments; an... [Read more]
Financial Performance
In 2023, Ouster's revenue was $83.28 million, an increase of 102.98% compared to the previous year's $41.03 million. Losses were -$374.11 million, 170.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for OUST stock is "Buy." The 12-month stock price forecast is $9.5, which is an increase of 27.86% from the latest price.
News
Ouster Announces Date for First Quarter 2024 Earnings Call
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster (OUST) CEO on Growing Lidar Technology Demand
Ouster (OUST) CEO Angus Pacala joins Caroline Woods to discuss the company's plan to capitalize on the growing lidar technology demand. He also goes over the company's 4Q earnings as adjusted EPS came...
Ouster Announces Record Revenue for Fourth Quarter and Full Year 2023
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Results Show Why Lidar Companies Should Look Beyond the Auto Market
Most lidar start-ups have focused on the automotive market.
Ouster Announces Date for Fourth Quarter 2023 Earnings Call
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Announces Preliminary Fourth Quarter 2023 Revenue Results
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Achieves ISO 27001 InfoSec Certification
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors, announced today that the Company achieved certifi...
Lidar Stocks Are Tumbling. Blame China Concerns.
Luminar, Innoviz, and Ouster shares all swooned during Tuesday's trading session. It may have been caused by a letter from a House committee.
Ouster Exceeds Q3 2023 Revenue Guidance; Achieves Over $120 Million in Annualized Cost Savings; Sets Financial Framework to Help Reach Profitability
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Achieves Major Software Milestones, Accelerating its Smart Infrastructure Solutions Business
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics and smart...
Ouster Announces Date for Third Quarter 2023 Earnings Call
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Continues its Patent Case Against Hesai in District Court and Seeks to Bar Infringing Products in the United States
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors, issued the following statement today relating to ...
Statement on Ouster's Ongoing Enforcement of its Patents Against Hesai
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors, issued the following statement today relating to ...
Cyngn ($CYN) Leverages Ouster ($OUST) REV7 Lidar to Secure Autonomous Forklift Order
Cyngn Inc. (Nasdaq: CYN), a developer of AI-driven self-driving industrial solutions, has secured a pre-order of 100 DriveMod Forklifts from Arauco. The company says it was chosen due to its proven ex...
Cyngn's Proprietary Computer Vision Achieves Arauco's Complex Application Requirements by Utilizing Ouster Lidar in a Multi-Sensor System
Cyngn uses Ouster's REV7 lidar sensors to maximize DriveMod's self-driving capabilities and detect pallet stack attributes MENLO PARK, Calif. , Aug. 22, 2023 /PRNewswire/ -- Cyngn Inc. (the "Company" ...
Major lidar market share is up for grabs. A few startups are emerging as likely winners
After years of talk — and a SPAC boom in the sensor sector — automakers have finally started incorporating lidar units into their vehicles.
Ouster Appoints New Commercial Head to Lead Next Chapter of Lidar Adoption
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics and smart...
Ouster Achieves Q2 2023 Revenue Guidance; Increases Cost Savings Target
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster Announces Date for Second Quarter 2023 Earnings Call
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, a...
Ouster Continues Merger Integration and Reaffirms Quarterly Guidance, Positioning the Company for Long-term Success
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
ITC Institutes Investigation into Hesai's Unlawful Use of Ouster's Patents
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster to Present at Upcoming June 2023 Investor Conferences
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading provider of high-performance lidar sensors for the automotive, industrial, robotics, and smar...
Ouster ($OUST) Signs Deal to Supply Over 1,000 OS1 and Alpha PrimeTM Lidar Sensors to May Mobility
Ouster (NYSE: OUST), a leading global provider of high-resolution scanning digital lidar sensors, and May Mobility have expanded their supply agreements to enhance May Mobility's autonomous vehicle so...
Ouster Announces Expansion of Supply Agreements with May Mobility to Support Autonomous Vehicle Deployments Around the Globe
SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST), a leading provider of high-performance lidar sensors, and May Mobility, a leader in the development and deployment of autonomous ve...
U.S. trade panel votes to investigate lidar tech company Ouster's patent suit against rival Hesai
The U.S. International Trade Commission voted on Thursday to institute an investigation into a patent complaint filed by Ouster Inc against Chinese rival Hesai Group.