OneStream (NASDAQ:OS) Upgraded by Piper Sandler to Hold Rating

Piper Sandler upgraded shares of OneStream (NASDAQ:OS) to a hold rating in a research report report published on Monday morning,Zacks.com reports.

OS has been the subject of several other reports. William Blair cut shares of OneStream from an “outperform” rating to a “hold” rating in a research report on Tuesday, January 6th. Wedbush downgraded shares of OneStream from an “outperform” rating to a “hold” rating and set a $24.00 price target for the company. in a report on Tuesday, January 6th. UBS Group set a $24.00 price target on shares of OneStream in a research report on Friday, January 16th. Guggenheim cut OneStream from a “buy” rating to a “neutral” rating in a report on Wednesday, January 7th. Finally, Mizuho reissued a “neutral” rating and set a $24.00 target price (down previously from $25.00) on shares of OneStream in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, OneStream has a consensus rating of “Hold” and an average price target of $26.35.

OneStream Stock Performance

NASDAQ:OS opened at $23.35 on Monday. OneStream has a one year low of $16.51 and a one year high of $30.32. The stock has a market cap of $5.69 billion, a PE ratio of -48.64 and a beta of 2.05. The stock has a 50 day moving average price of $20.80 and a 200 day moving average price of $20.43.

OneStream (NASDAQ:OS) last issued its earnings results on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, beating 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 company had revenue of $154.30 million during the quarter, compared to analysts’ expectations of $148.16 million. During the same period in the prior year, the business earned ($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. As a group, analysts predict that OneStream will post 0.05 earnings per share for the current fiscal year.

Insider Activity at OneStream

In related news, CAO Pamela Mcintyre sold 6,505 shares of the firm’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $23.58, for a total transaction of $153,387.90. Following the completion of the transaction, the chief accounting officer directly owned 58,847 shares in the company, valued at $1,387,612.26. This trade represents a 9.95% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CRO Ken Hohenstein sold 120,000 shares of OneStream stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $23.63, for a total value of $2,835,600.00. Following the completion of the transaction, the executive directly owned 990,961 shares of the company’s stock, valued at approximately $23,416,408.43. This represents a 10.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 176,076 shares of company stock worth $3,847,082 in the last three months. 12.77% of the stock is owned by company insiders.

Institutional Investors Weigh In On OneStream

Hedge funds have recently added to or reduced their stakes in the business. Royal Bank of Canada boosted its position in OneStream by 588.4% in the 1st quarter. Royal Bank of Canada now owns 63,768 shares of the company’s stock valued at $1,361,000 after buying an additional 54,505 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of OneStream by 50.8% in the first quarter. Goldman Sachs Group Inc. now owns 1,102,637 shares of the company’s stock valued at $23,530,000 after acquiring an additional 371,520 shares in the last quarter. Rhumbline Advisers purchased a new position in OneStream in the first quarter valued at $35,000. Janney Montgomery Scott LLC acquired a new position in OneStream during the 2nd quarter worth $341,000. Finally, KLP Kapitalforvaltning AS grew its stake in OneStream by 104.0% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 15,300 shares of the company’s stock worth $433,000 after purchasing an additional 7,800 shares in the last quarter.

OneStream Company Profile

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.