Ouster, Inc. (OUST)

NYSE: OUST · IEX Real-Time Price · USD
7.12
+0.13 (1.86%)
Apr 19, 2024, 11:05 AM EDT - Market open
1.86%
Market Cap 291.25M
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 215,526
Open 6.95
Previous Close 6.99
Day's Range 6.88 - 7.19
52-Week Range 3.21 - 11.40
Beta 2.55
Analysts Buy
Price Target 9.50 (+32.68%)
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]

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 "Buy." The 12-month stock price forecast is $9.5, which is an increase of 32.68% from the latest price.

Price Target
$9.5
(32.68% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

3 days 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...

6 days ago - Schwab Network

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...

23 days ago - Business Wire

Ouster Results Show Why Lidar Companies Should Look Beyond the Auto Market

Most lidar start-ups have focused on the automotive market.

23 days ago - Barrons

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...

6 weeks ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Business Wire

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.

Other symbols: INVZLAZR
5 months ago - Barrons

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...

5 months ago - Business Wire

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...

5 months ago - Business Wire

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...

6 months ago - Business Wire

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 ...

Other symbols: HSAI
6 months ago - Business Wire

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 ...

Other symbols: HSAI
8 months ago - Business Wire

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...

Other symbols: CYN
8 months ago - Green Stock News

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" ...

Other symbols: CYN
8 months ago - PRNewsWire

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.

Other symbols: INVZLAZR
8 months ago - CNBC

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...

8 months ago - Business Wire

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...

9 months ago - Business Wire

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...

9 months ago - Business Wire

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...

10 months ago - Business Wire

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...

Other symbols: HSAI
1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Green Stock News

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...

1 year ago - Business Wire

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.

Other symbols: HSAI
1 year ago - Reuters