Ouster, Inc. (NASDAQ:OUST – Get Free Report) Director Stephen Skaggs sold 3,614 shares of Ouster stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $45.18, for a total value of $163,280.52. Following the sale, the director owned 61,415 shares of the company’s stock, valued at approximately $2,774,729.70. This represents a 5.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.
Ouster Trading Down 4.8%
Shares of OUST stock opened at $43.40 on Friday. The company has a market capitalization of $2.73 billion, a price-to-earnings ratio of -50.46 and a beta of 3.24. The firm has a 50-day moving average price of $42.80 and a 200 day moving average price of $30.65. Ouster, Inc. has a twelve month low of $16.40 and a twelve month high of $63.79.
Ouster (NASDAQ:OUST – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported ($0.26) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.12) by ($0.14). The firm had revenue of $54.63 million for the quarter, compared to analyst estimates of $51.47 million. Ouster had a negative return on equity of 19.33% and a negative net margin of 26.02%. As a group, research analysts predict that Ouster, Inc. will post -1.03 earnings per share for the current year.
Institutional Investors Weigh In On Ouster
Trending Headlines about Ouster
Here are the key news stories impacting Ouster this week:
- Positive Sentiment: Second-quarter revenue rose 56% year over year to $54.63 million, exceeding analyst expectations of $51.47 million. Record sensor shipments, demand for the Rev8 lidar platform and smart-infrastructure projects supported the growth. Ouster Q2 Earnings Surpass Expectations on Sensor Growth
- Positive Sentiment: Management highlighted the Rev8 production ramp, expansion of its BlueCity smart-infrastructure business and rising robotics demand. The company said it remains well positioned for longer-term “physical AI” applications. OUST Q2 Earnings Call Focuses on Rev8 Ramp and Robotics Demand
- Positive Sentiment: Rosenblatt Securities reaffirmed its “buy” rating and maintained a $53 price target, implying meaningful upside from recent trading levels. The broader analyst consensus remains “Moderate Buy,” with an average target of $54.67. Rosenblatt Securities Rating
- Neutral Sentiment: Ouster left its full-year revenue expectations unchanged. This signals continued confidence in the longer-term outlook but provides no upward revision to estimates after the quarter.
- Negative Sentiment: Ouster reported a second-quarter loss of $0.26 per share. While one data source characterized the result as better than its $0.31 loss estimate, other consensus figures cited a $0.12 expected loss, making the earnings reaction mixed. The company remains unprofitable, with a negative net margin.
- Negative Sentiment: Third-quarter revenue guidance of $54.5 million to $57.5 million is slightly below the $57.7 million analyst consensus, potentially raising concerns about the pace of growth.
- Negative Sentiment: COO Darien Spencer sold 30,000 shares worth approximately $1.35 million, reducing his holdings by 9.1%. The sale may add modest pressure to investor sentiment, although it does not necessarily indicate a change in business fundamentals. Ouster COO Stock Sale
Analyst Ratings Changes
OUST has been the subject of several recent analyst reports. Oppenheimer reaffirmed an “outperform” rating and issued a $57.00 target price (up from $42.00) on shares of Ouster in a research note on Wednesday, July 15th. Cantor Fitzgerald lowered Ouster from an “overweight” rating to a “neutral” rating in a research note on Thursday, May 7th. Weiss Ratings initiated coverage on Ouster in a report on Friday, May 15th. They set a “sell (d-)” rating on the stock. Roth Capital began coverage on Ouster in a research report on Friday, May 29th. They issued a “buy” rating and a $75.00 price objective for the company. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $53.00 price objective on shares of Ouster in a research report on Friday. Six analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Ouster currently has a consensus rating of “Moderate Buy” and an average target price of $54.67.
View Our Latest Stock Analysis on OUST
Ouster Company Profile
Ouster, Inc is a leading provider of high-resolution digital lidar sensors, software and services designed to enable advanced perception capabilities across a range of industries. Headquartered in San Francisco, California, the company develops modular lidar solutions that capture precise three-dimensional data in real time, supporting applications from autonomous vehicles and robotics to mapping, smart infrastructure and industrial automation.
The company’s core product lineup features multi-beam digital lidar units available in various form factors, including compact models for robotics and drones and larger units for automotive and mapping systems.
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