We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Ouster, Inc. (OUST) Stock Declines While Market Improves: Some Information for Investors
Read MoreHide Full Article
In the latest trading session, Ouster, Inc. (OUST - Free Report) closed at $7.72, marking a -0.26% move from the previous day. This move lagged the S&P 500's daily gain of 0.58%. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 0.55%.
Prior to today's trading, shares of the company had lost 13.81% over the past month. This has lagged the Computer and Technology sector's gain of 0.6% and the S&P 500's loss of 0.84% in that time.
The investment community will be closely monitoring the performance of Ouster, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on May 8, 2025. The company is predicted to post an EPS of -$0.56, indicating a 1.82% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $31.15 million, up 20.08% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$1.98 per share and revenue of $142.45 million, indicating changes of +4.81% and +28.22%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Ouster, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Ouster, Inc. presently features a Zacks Rank of #3 (Hold).
The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 83, putting it in the top 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ouster, Inc. (OUST) Stock Declines While Market Improves: Some Information for Investors
In the latest trading session, Ouster, Inc. (OUST - Free Report) closed at $7.72, marking a -0.26% move from the previous day. This move lagged the S&P 500's daily gain of 0.58%. Elsewhere, the Dow gained 0.75%, while the tech-heavy Nasdaq added 0.55%.
Prior to today's trading, shares of the company had lost 13.81% over the past month. This has lagged the Computer and Technology sector's gain of 0.6% and the S&P 500's loss of 0.84% in that time.
The investment community will be closely monitoring the performance of Ouster, Inc. in its forthcoming earnings report. The company is scheduled to release its earnings on May 8, 2025. The company is predicted to post an EPS of -$0.56, indicating a 1.82% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $31.15 million, up 20.08% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of -$1.98 per share and revenue of $142.45 million, indicating changes of +4.81% and +28.22%, respectively, compared to the previous year.
Investors should also note any recent changes to analyst estimates for Ouster, Inc. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Ouster, Inc. presently features a Zacks Rank of #3 (Hold).
The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 83, putting it in the top 34% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.