
Ouster, Inc (OUST) Stock Forecast & Price Target
Ouster, Inc (OUST) Analyst Ratings
Bulls say
Ouster Inc. demonstrated impressive financial performance in its recent quarter, reporting revenues of $39.5 million, a year-over-year increase of 41% and a quarter-over-quarter rise of 13%, surpassing both consensus estimates and management guidance. The company achieved a non-GAAP gross margin of 47%, reflecting a 300 basis point improvement year-over-year, driven by enhanced scale and product mix. Additionally, Ouster's balance sheet remains robust, closing the quarter with $247 million in cash and cash equivalents, which supports ongoing operational growth and investment in future projects.
Bears say
Ouster Inc. reported a flat EBITDA loss of $10 million year-over-year, indicating a struggle to improve financial performance, even with increased investment in R&D for advanced technologies. The company faces significant risks, including potential delays in the series production of its LiDAR products, which may hinder revenue growth and the company's market competitiveness. Additionally, Ouster's balance sheet reflects a decline in cash and short-term investments, with a total of $211 million at the end of the fourth quarter, compounded by a challenging macroeconomic environment that negatively affects SPAC-published firms and places Ouster's valuation at a discount relative to its peers.
This aggregate rating is based on analysts' research of Ouster, Inc and is not a guaranteed prediction by Public.com or investment advice.
Ouster, Inc (OUST) Analyst Forecast & Price Prediction
Start investing in Ouster, Inc (OUST)
Order type
Buy in
Order amount
Est. shares
0 shares