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Ouster, Inc. (OUST) Outpaces Stock Market Gains: What You Should Know

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In the latest close session, Ouster, Inc. (OUST - Free Report) was up +2.5% at $33.61. This move outpaced the S&P 500's daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.19%, while the tech-heavy Nasdaq appreciated by 0.27%.

Shares of the company witnessed a loss of 18.03% over the previous month, trailing the performance of the Computer and Technology sector with its loss of 4.89%, and the S&P 500's loss of 0.2%.

The investment community will be paying close attention to the earnings performance of Ouster, Inc. in its upcoming release. The company is slated to reveal its earnings on November 3, 2026. In that report, analysts expect Ouster, Inc. to post earnings of -$0.3 per share. This would mark year-over-year growth of 18.92%. Meanwhile, our latest consensus estimate is calling for revenue of $56.2 million, up 42.17% from the prior-year quarter.

For the annual period, the Zacks Consensus Estimates anticipate earnings of -$1.05 per share and a revenue of $222.1 million, signifying shifts of +1.87% and +31.12%, respectively, from the last year.

Investors should also take note of any recent adjustments to analyst estimates for Ouster, Inc. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Ouster, Inc. is currently a Zacks Rank #3 (Hold).

The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 76, this industry ranks in the top 31% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual 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.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.

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