OneStream (NASDAQ:OS) Receives Underweight Rating from JPMorgan Chase & Co.

OneStream (NASDAQ:OS)‘s stock had its “underweight” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research report issued on Friday,Benzinga reports. They currently have a $24.00 price target on the stock, up from their prior price target of $23.00. JPMorgan Chase & Co.‘s price objective would suggest a potential upside of 1.61% from the stock’s previous close.

Several other brokerages have also recently issued reports on OS. Baird R W cut OneStream from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 6th. Piper Sandler cut shares of OneStream from an “overweight” rating to a “neutral” rating and lowered their price target for the company from $28.00 to $24.00 in a research report on Tuesday, January 6th. Rosenblatt Securities cut shares of OneStream from a “buy” rating to a “hold” rating and cut their price objective for the stock from $26.00 to $24.00 in a research report on Wednesday, January 7th. BNP Paribas downgraded shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 target price on the stock. in a research note on Thursday. Finally, Mizuho reiterated a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of OneStream in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat, OneStream has a consensus rating of “Hold” and a consensus target price of $26.35.

OneStream Trading Down 0.1%

Shares of NASDAQ OS opened at $23.62 on Friday. The stock has a market cap of $5.76 billion, a PE ratio of -49.21 and a beta of 2.04. OneStream has a 12-month low of $16.51 and a 12-month high of $30.93. The company has a 50-day moving average of $20.20 and a 200 day moving average of $20.72.

OneStream (NASDAQ:OS) last issued its earnings results on Thursday, November 6th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same period in the previous year, the firm posted ($1.06) EPS. The business’s revenue for the quarter was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. On average, sell-side analysts forecast that OneStream will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at OneStream

In other OneStream news, CFO William A. Koefoed sold 9,571 shares of the company’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $17.73, for a total transaction of $169,693.83. Following the transaction, the chief financial officer directly owned 206,127 shares in the company, valued at $3,654,631.71. This represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Pamela Mcintyre sold 6,505 shares of the firm’s stock in a transaction on Thursday, January 8th. The stock was sold at an average price of $23.58, for a total value of $153,387.90. Following the transaction, the chief accounting officer owned 58,847 shares of the company’s stock, valued at approximately $1,387,612.26. This represents a 9.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 56,076 shares of company stock worth $1,011,482 over the last three months. Insiders own 12.77% of the company’s stock.

Hedge Funds Weigh In On OneStream

A number of hedge funds and other institutional investors have recently bought and sold shares of OS. EFG Asset Management North America Corp. acquired a new stake in OneStream in the second quarter valued at approximately $1,408,000. Fortress Investment Group LLC grew its holdings in OneStream by 1,888.5% during the 2nd quarter. Fortress Investment Group LLC now owns 198,846 shares of the company’s stock worth $5,627,000 after acquiring an additional 188,846 shares in the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of OneStream in the 2nd quarter valued at approximately $464,000. Callan Family Office LLC acquired a new stake in shares of OneStream in the 2nd quarter valued at $715,000. Finally, Capital Fund Management S.A. purchased a new stake in shares of OneStream during the 2nd quarter worth $880,000.

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.