Ouster, Inc. (OUST)

NYSE: OUST · IEX Real-Time Price · USD
5.51
-0.02 (-0.36%)
Feb 27, 2024, 1:07 PM EST - Market open
-0.36%
Market Cap 225.03M
Revenue (ttm) 69.77M
Net Income (ttm) -377.29M
Shares Out 40.69M
EPS (ttm) -12.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 286,977
Open 5.63
Previous Close 5.53
Day's Range 5.48 - 5.73
52-Week Range 3.21 - 12.80
Beta 2.48
Analysts Strong Buy
Price Target 13.90 (+152.27%)
Earnings Date Mar 21, 2024

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 solid-state flash sensor. The company is based in San Francisco, California. [Read more]

Sector Technology
Founded 2015
Employees 270
Stock Exchange NYSE
Ticker Symbol OUST
Full Company Profile

Financial Performance

In 2022, Ouster's revenue was $41.03 million, an increase of 22.19% compared to the previous year's $33.58 million. Losses were -$138.56 million, 47.4% more than in 2021.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for OUST stock is "Strong Buy." The 12-month stock price forecast is $13.9, which is an increase of 152.27% from the latest price.

Price Target
$13.9
(152.27% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

7 weeks 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...

2 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
3 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...

3 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...

3 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...

4 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
4 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
6 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
6 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
6 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
6 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...

7 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...

7 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...

8 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...

8 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
10 months 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...

10 months 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...

10 months 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...

10 months 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
10 months ago - Reuters

Ouster Exceeds Q1 2023 Revenue Guidance; Increases Target for Merger Cost Synergies

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

Ouster Awarded Production Win by Motional to be the Exclusive Supplier of Long-Range Lidar for its Autonomous Vehicles

SAN FRANCISCO--(BUSINESS WIRE)---- $OUST--Ouster, Inc. (NYSE: OUST), a leading provider of high-performance lidar sensors, announced today that Motional, a global leader in driverless technology, has ...

10 months ago - Business Wire

Ouster's 1-for-10 Reverse Stock Split Becomes Effective

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...

11 months ago - Business Wire

Ouster Announces Date for First 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...

11 months ago - Business Wire

Ouster Receives Notice Regarding NYSE Continued Listing Standards

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...

11 months ago - Business Wire