Ouster, Inc. (OUST)

NYSE: OUST · IEX Real-Time Price · USD
1.45
+0.02 (1.05%)
Feb 1, 2023, 11:42 AM EST - Market open
1.05%
Market Cap 267.88M
Revenue (ttm) 41.94M
Net Income (ttm) -124.73M
Shares Out 184.75M
EPS (ttm) -0.72
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 621,702
Open 1.45
Previous Close 1.43
Day's Range 1.42 - 1.50
52-Week Range 0.76 - 5.00
Beta 2.17
Analysts Buy
Price Target 3.16 (+118.69%)
Earnings Date Feb 13, 2023

About OUST

Ouster, Inc. designs and manufactures high-resolution digital lidar sensors and enabling software that offers 3D vision to machinery, vehicles, robots, and fixed infrastructure assets. Its product portfolio includes OS, a scanning sensor and DF, a true solid-state flash sensor. The company is based in San Francisco, California. [Read more]

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

Financial Performance

In 2021, Ouster's revenue was $33.58 million, an increase of 77.62% compared to the previous year's $18.90 million. Losses were -$93.98 million, -11.99% less than in 2020.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for OUST stock is "Buy." The 12-month stock price forecast is $3.16, which is an increase of 118.69% from the latest price.

Price Target
$3.16
(118.69% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Velodyne Lidar Adjourns Special Meeting of Stockholders to February 3, 2023

SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the Special Meeting of Stockholders ("Special Meeting") to approve the proposed merger with Ouster,...

Other symbols: VLDR
5 days ago - Business Wire

Leading Independent Proxy Firm ISS Joins Glass, Lewis & Co. in Recommending that Velodyne Lidar Stockholders Vote “FOR” the Merger with Ouster, Inc.

SAN JOSE, Calif.--(BUSINESS WIRE)--Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced that the leading independent proxy advisory firm of Institutional Shareholder Services (“ISS”) has recom...

Other symbols: VLDR
2 weeks ago - Business Wire

Ouster Launches Digital Lidar Perception Platform Ouster Gemini

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart...

3 weeks ago - Business Wire

Ouster and Cyngn Sign Strategic Agreement to Deliver Digital Lidar-Powered Autonomy Technology to Industrial Vehicles

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST) (“Ouster”), a leading provider of high-resolution digital lidar sensors, announced today that it has signed a strategic customer agreement w...

Other symbols: CYN
1 month ago - Business Wire

SHAREHOLDER ALERT: Weiss Law Investigates Velodyne Lidar, Inc.

NEW YORK , Nov. 7, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Velodyne Lidar, Inc. ("Velodyne" or the ...

Other symbols: VLDR
3 months ago - PRNewsWire

Lidar makers Ouster, Velodyne announce all-stock merger

Yahoo Finance's Akiko Fujita discusses how Ouster and Velodyne stocks are trading following the announcement of a merger.

Other symbols: VLDR
3 months ago - Yahoo Finance

Struggling lidar firms Ouster, Velodyne announce merger

The competition to dominate the important lidar market has been intense, driving competition up but stock prices down. Two of those firms, Velodyne (NASDAQ: VLDR) and Ouster (NYSE: OUST), announced on...

Other symbols: VLDR
3 months ago - FreightWaves

OUST Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Ouster, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Ouster, Inc. (NYSE: OUST) and Velodyne Lidar, Inc. is fair to Ouster shareholders.

3 months ago - Business Wire

Ouster Reports 44% Year-over-Year Q3 Revenue Growth, Followed by Groundbreaking REV7 Product Launch and Planned Merger to Accelerate Lidar Adoption

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...

3 months ago - Business Wire

Ouster and Velodyne agree to merger, signaling consolidation in lidar industry

Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, accordi...

Other symbols: VLDR
3 months ago - TechCrunch

Lidar makers Ouster and Velodyne agree to merge

Lidar makers Ouster and Velodyne have agreed to merge, combining roughly $400 million in market value.

Other symbols: VLDR
3 months ago - CNBC

Ouster and Velodyne Announce Proposed Merger of Equals to Accelerate Lidar Adoption

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster (NYSE: OUST), a leading provider of high-resolution digital lidar, and Velodyne (NASDAQ: VLDR, VLDRW), a leading global player in lidar sensors and sol...

Other symbols: VLDR
3 months ago - Business Wire

Ouster Launches New REV7 Sensors With Double the Range Powered by Breakthrough L3 Digital Lidar Chip

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...

3 months ago - Business Wire

Ouster Announces Date for Third Quarter 2022 Earnings Call

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure indu...

3 months ago - Business Wire

Ouster Sets Date for L3 Chip Release and New Product Launch

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...

4 months ago - Business Wire

Ouster Selects Benchmark as its Supply and Manufacturing Partner of the Year

Benchmark Awarded for Excellence in Performance, Quality, and Responsiveness TEMPE, Ariz. , Sept. 21, 2022 /PRNewswire/ -- Benchmark Electronics , Inc. (NYSE: BHE), a global provider of engineering, d...

Other symbols: BHE
4 months ago - PRNewsWire

Ouster Streamlines Cost Structure to Bolster Path to Profitability

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...

4 months ago - Business Wire

Ouster Introduces 3D Industrial Sensor Suite for High-Volume Material Handling Applications

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST) (“Ouster” or “the Company”), a leading provider of high-resolution digital lidar sensors, announced the release of a 3D industrial l...

5 months ago - Business Wire

Ouster Hits the Road to Showcase High-Resolution Digital Lidar Sensor

SAN FRANCISCO--(BUSINESS WIRE)--Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure industries, is...

5 months ago - Business Wire

Ouster Reports 40% Year over Year Revenue Growth Driven by Automation in Industrial and Robotics Sectors

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...

6 months ago - Business Wire

Ouster Announces Date for Second Quarter 2022 Earnings Call

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, robotics, and smart infrastructure indu...

7 months ago - Business Wire

Velodyne Files Patent Infringement Complaint with ITC Against Ouster

SAN JOSE, Calif.--(BUSINESS WIRE)-- #Lidar--Velodyne Lidar announced the Company is filing a patent infringement complaint with the U.S. International Trade Commission (ITC) against Ouster, Inc.

Other symbols: VLDR
8 months ago - Business Wire

Ouster to Present at Upcoming June 2022 Investor Conferences

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST), a leading provider of high-resolution digital lidar sensors for the automotive, industrial, smart infrastructure, and robotics indu...

8 months ago - Business Wire

MOV.AI Partners with Ouster to Equip Autonomous Mobile Robots with High-Resolution Digital Lidar for Challenging Warehouse Environments

TEL AVIV, Israel , May 18, 2022 /PRNewswire/ -- MOV.AI announced today its partnership with Ouster, a leading provider of high-resolution digital lidar sensors, to provide autonomous mobile robots (AM...

9 months ago - PRNewsWire

Ouster Bolsters Market Position, Reports Second-Highest Revenue Quarter

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, smart infra...

9 months ago - Business Wire