OneStream (NASDAQ:OS) Trading Up 6.2% on Analyst Upgrade

Shares of OneStream, Inc. (NASDAQ:OS) rose 6.2% during trading on Wednesday after BTIG Research upgraded the stock to a strong-buy rating. The stock traded as high as $18.79 and last traded at $18.7110. Approximately 361,388 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 1,574,612 shares. The stock had previously closed at $17.62.

Several other research firms also recently issued reports on OS. Citigroup decreased their price objective on shares of OneStream from $27.00 to $22.00 and set a “neutral” rating for the company in a research note on Tuesday, October 28th. Morgan Stanley restated an “overweight” rating on shares of OneStream in a research note on Friday, September 19th. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a research report on Wednesday, October 8th. BMO Capital Markets increased their price objective on OneStream from $24.00 to $25.00 and gave the company an “outperform” rating in a report on Friday, November 7th. Finally, Rosenblatt Securities initiated coverage on shares of OneStream in a research report on Tuesday, December 2nd. They set a “buy” rating and a $26.00 target price on the stock. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, OneStream has an average rating of “Moderate Buy” and a consensus target price of $28.44.

Insider Activity at OneStream

In other OneStream news, CRO Ken Hohenstein sold 40,000 shares of the stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $17.21, for a total transaction of $688,400.00. Following the transaction, the executive owned 990,961 shares of the company’s stock, valued at $17,054,438.81. This trade represents a 3.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO William A. Koefoed sold 9,571 shares of the business’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $17.73, for a total transaction of $169,693.83. Following the sale, the chief financial officer owned 206,127 shares of the company’s stock, valued at approximately $3,654,631.71. The trade was a 4.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 89,571 shares of company stock worth $1,532,094 in the last 90 days. 12.77% of the stock is currently owned by insiders.

Hedge Funds Weigh In On OneStream

Several institutional investors have recently modified their holdings of OS. EFG Asset Management North America Corp. acquired a new stake in OneStream in the second quarter worth about $1,408,000. Champlain Investment Partners LLC raised its position in shares of OneStream by 17.4% during the 1st quarter. Champlain Investment Partners LLC now owns 4,037,595 shares of the company’s stock worth $86,162,000 after buying an additional 598,757 shares in the last quarter. Optimize Financial Inc acquired a new stake in shares of OneStream in the 1st quarter worth approximately $343,000. Fortress Investment Group LLC boosted its holdings in shares of OneStream by 1,888.5% in the second quarter. Fortress Investment Group LLC now owns 198,846 shares of the company’s stock valued at $5,627,000 after acquiring an additional 188,846 shares in the last quarter. Finally, Voleon Capital Management LP boosted its holdings in shares of OneStream by 52.7% in the first quarter. Voleon Capital Management LP now owns 66,753 shares of the company’s stock valued at $1,425,000 after acquiring an additional 23,028 shares in the last quarter.

OneStream Stock Up 1.3%

The firm has a market cap of $4.49 billion, a price-to-earnings ratio of -38.37 and a beta of 1.97. The stock’s 50 day moving average is $19.21 and its 200 day moving average is $21.76.

OneStream (NASDAQ:OS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. OneStream had a positive return on equity of 9.65% and a negative net margin of 14.50%.The firm had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. During the same period last year, the company posted ($1.06) EPS. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts anticipate that OneStream, Inc. will post 0.05 earnings per share for the current fiscal year.

About OneStream

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.