Ouster (NYSE:OUST) Given Neutral Rating at Cantor Fitzgerald

Cantor Fitzgerald reissued their neutral rating on shares of Ouster (NYSE:OUST) in a report issued on Thursday, Marketbeat.com reports. The brokerage currently has a $19.00 price objective on the stock. Cantor Fitzgerald also issued estimates for Ouster’s FY2026 earnings at ($1.28) EPS.

Several other equities research analysts have also recently weighed in on the stock. UBS Group set a $16.00 price target on shares of Ouster in a research report on Thursday, March 27th. Westpark Capital upgraded shares of Ouster from a “hold” rating to a “buy” rating and set a $13.68 price objective for the company in a report on Friday, May 9th. Rosenblatt Securities restated a “buy” rating and issued a $17.00 price objective on shares of Ouster in a report on Friday, March 21st. Finally, Oppenheimer initiated coverage on shares of Ouster in a report on Thursday, March 27th. They issued an “outperform” rating and a $16.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $15.24.

Ouster Stock Down 4.3%

Shares of OUST opened at $19.48 on Thursday. The stock has a market capitalization of $1.05 billion, a P/E ratio of -7.58 and a beta of 2.48. The firm has a fifty day simple moving average of $10.02 and a two-hundred day simple moving average of $10.02. Ouster has a twelve month low of $5.84 and a twelve month high of $20.90.

Insiders Place Their Bets

In related news, General Counsel Megan Chung sold 5,800 shares of the stock in a transaction dated Wednesday, March 26th. The shares were sold at an average price of $11.24, for a total value of $65,192.00. Following the completion of the transaction, the general counsel now directly owns 220,762 shares in the company, valued at $2,481,364.88. This trade represents a 2.56% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 6.63% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Byrne Asset Management LLC bought a new position in shares of Ouster in the 1st quarter worth about $39,000. FNY Investment Advisers LLC bought a new position in shares of Ouster in the 1st quarter worth about $49,000. Daiwa Securities Group Inc. increased its stake in shares of Ouster by 18.0% in the 4th quarter. Daiwa Securities Group Inc. now owns 6,977 shares of the company’s stock worth $85,000 after acquiring an additional 1,063 shares in the last quarter. AlphaQuest LLC increased its stake in shares of Ouster by 916.0% in the 4th quarter. AlphaQuest LLC now owns 8,270 shares of the company’s stock worth $101,000 after acquiring an additional 7,456 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC bought a new position in shares of Ouster in the 1st quarter worth about $97,000. 31.45% of the stock is currently owned by institutional investors.

About Ouster

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.