Ouster, Inc. (OUST)

NYSE: OUST · Real-Time Price · USD
8.88
-0.14 (-1.55%)
Nov 20, 2024, 4:00 PM EST - Market closed
-1.55%
Market Cap 441.96M
Revenue (ttm) 105.45M
Net Income (ttm) -112.30M
Shares Out 49.77M
EPS (ttm) -2.54
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 979,712
Open 9.13
Previous Close 9.02
Day's Range 8.52 - 9.17
52-Week Range 4.65 - 16.88
Beta 2.35
Analysts Strong Buy
Price Target 12.60 (+41.89%)
Earnings Date Nov 7, 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]

Sector Technology
Founded 2015
Employees 290
Stock Exchange NYSE
Ticker Symbol OUST
Full Company Profile

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 Statements

Analyst Forecast

According to 5 analysts, the average rating for OUST stock is "Strong Buy." The 12-month stock price forecast is $12.6, which is an increase of 41.89% from the latest price.

Price Target
$12.6
(41.89% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Ouster: Tip Of The Iceberg

Ouster, Inc. is rapidly advancing in the Lidar sector by focusing on non-automotive industries, reporting record sales and significant production orders in robotics. The company is seeing substantial ...

2 days ago - Seeking Alpha

Ouster's Real Growth Amid Struggling Competition

Ouster set a new revenue record in Q3, achieving a 38% gross margin and clearing its debt, with a projected 35% growth for 2024. Ouster's strength lies in its diversified revenue streams, including so...

11 days ago - Seeking Alpha

Ouster, Inc. (OUST) Q3 2024 Earnings Call Transcript

Ouster, Inc. (NYSE:OUST) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Chen Geng - Vice President of Strategic Finance, and Treasurer Angus Pacala - Chief Executiv...

13 days ago - Seeking Alpha

Ouster Reports Record Performance for Third Quarter 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, ...

13 days ago - Business Wire

Ouster Announces Date for Third 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...

6 weeks ago - Business Wire

LiDAR Battle: US Proposals Strengthen Ouster But Leave Consumer Sectors Exposed To Chinese Competition

The House China Select Committee and Department of Commerce propose bans on Chinese LiDAR and connected vehicle technology, posing challenges and opportunities for Western companies like Ouster. Ouste...

7 weeks ago - Seeking Alpha

Ouster: How LIDAR Technology Could Be The Heavy-Duty Detergent Of The 21st Century

Ouster Inc. leads the LIDAR market post-Velodyne merger, with potential profitability driven by autonomous vehicles and automation trends. The product portfolio includes high-resolution and solid-stat...

7 weeks ago - Seeking Alpha

Ouster Gemini Launches Genetec Security Center Integration

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...

2 months ago - Business Wire

Top 3 Tech Stocks You'll Regret Missing This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: INDISMCI
3 months ago - Benzinga

Ouster's Blue City Achieves NEMA TS2 Certification for Safe Traffic Control

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, ...

3 months ago - Business Wire

Top 3 Tech Stocks Which Could Rescue Your Portfolio This Quarter

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Other symbols: EGHTSMSI
3 months ago - Benzinga

Ouster Q2: Why The Selloff Doesn't Add Up And Why $23 Per Share Remains A Target

Ouster, Inc. delivered record results in Q2 with revenue of $26.99M, but the stock sold off due to weak guidance. Despite the selloff, Ouster remains on track for steady growth and profitability, with...

3 months ago - Seeking Alpha

Ouster: Another Market Overreaction

Ouster, Inc. reported Q2 revenues of $27 million, with a 39% YoY growth, leading the domestic Lidar sector. The stock market overreacted to Q3 guidance, causing a 28% drop, but Ouster remains on track...

3 months ago - Seeking Alpha

These Analysts Cut Their Forecasts On Ouster Following Q2 Results

Ouster Inc.  OUST reported weaker-than-expected sales for its second quarter on Tuesday.

3 months ago - Benzinga

Ouster, Inc. (OUST) Q2 2024 Earnings Call Transcript

Ouster, Inc. (NYSE:OUST) Q2 2024 Earnings Conference Call August 13, 2024 5:00 PM ET Company Participants Chen Geng - Vice President, Strategic Finance and Treasurer Angus Pacala - Chief Executive Of...

3 months ago - Seeking Alpha

Ouster Reports Strong Revenue and Margins for Second Quarter 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, ...

3 months ago - Business Wire

Ouster Announces Date for Second 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...

4 months ago - Business Wire

LIDAR Quarterly Insights Q1 2024 Summary

Western LiDAR companies face challenges in the consumer auto ADAS sector, with delays and significant cash expenditures. Ouster reports highest revenue and gross profit, leading to cash flow consumpti...

6 months ago - Seeking Alpha

Ouster: Unlocking The Power Of Lidar

Ouster reported strong Q1 earnings, with revenue increasing 51% to $26 million, leading to a 20% jump in stock price. The robotics segment was the largest contributor to revenue growth, and the Compan...

6 months ago - Seeking Alpha

Ouster: A Best-In-Class LIDAR Company

Ouster's strategic decision to focus on markets beyond consumer auto ADAS has proven successful, with the company experiencing significant growth and financial stability. Ouster delivered its best qua...

6 months ago - Seeking Alpha

Ouster, Inc. (OUST) Q1 2024 Earnings Call Transcript

Ouster, Inc. (NYSE:OUST) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Chen Geng - VP, Strategic Finance and Treasurer Angus Pacala - CEO Mark Weinswig - CFO Conference...

6 months ago - Seeking Alpha

Ouster Announces Record Revenue and Margin for First Quarter 2024

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or the “Company”), a leading global provider of high-performance lidar sensors and software solutions for the automotive, ...

6 months ago - Business Wire

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...

7 months ago - Business Wire

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...

7 months ago - Schwab Network

Ouster, Inc. (OUST) Q4 2023 Earnings Call Transcript

Ouster, Inc. (OUST) Q4 2023 Earnings Call Transcript

8 months ago - Seeking Alpha