Onestream (NASDAQ:OS) Stock Price Expected to Rise, Robert W. Baird Analyst Says

Onestream (NASDAQ:OS - Get Free Report) had its target price hoisted by equities research analysts at Robert W. Baird from $35.00 to $38.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage currently has an "outperform" rating on the stock. Robert W. Baird's price objective would suggest a potential upside of 18.45% from the company's current price.

Several other equities analysts have also recently weighed in on OS. Baird R W upgraded shares of Onestream to a "strong-buy" rating in a research note on Thursday, August 1st. Loop Capital initiated coverage on shares of Onestream in a report on Monday, August 19th. They issued a "buy" rating and a $35.00 price target for the company. Bank of America raised their price objective on Onestream from $35.00 to $36.00 and gave the company a "buy" rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. began coverage on Onestream in a report on Monday, August 19th. They set an "overweight" rating and a $30.00 price target on the stock. Finally, BMO Capital Markets assumed coverage on shares of Onestream in a research report on Monday, September 23rd. They set an "outperform" rating and a $38.00 price objective on the stock. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Onestream currently has an average rating of "Moderate Buy" and a consensus price target of $35.00.

Onestream Trading Down 4.0 %

Onestream stock traded down $1.35 during mid-day trading on Friday, hitting $32.08. The company had a trading volume of 1,449,250 shares, compared to its average volume of 636,724. The business has a 50 day simple moving average of $30.78. Onestream has a 12 month low of $24.50 and a 12 month high of $35.17.

Institutional Trading of Onestream

Large investors have recently made changes to their positions in the company. Renaissance Capital LLC acquired a new position in shares of Onestream in the third quarter valued at approximately $1,032,000. Seven Grand Managers LLC acquired a new stake in Onestream in the third quarter valued at about $6,780,000. Precision Wealth Strategies LLC purchased a new stake in Onestream in the 3rd quarter valued at approximately $338,000. Dakota Wealth Management acquired a new position in Onestream during the 3rd quarter worth approximately $2,412,000. Finally, US Bancorp DE purchased a new stake in shares of Onestream in the third quarter valued at approximately $569,000.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.