Onestream (OS) Expected to Announce Quarterly Earnings on Tuesday

Onestream (NASDAQ:OS - Get Free Report) is expected to release its earnings data after the market closes on Tuesday, February 11th. Analysts expect Onestream to post earnings of $0.02 per share and revenue of $128.13 million for the quarter. Persons that wish to listen to the company's earnings conference call can do so using this link.

Onestream (NASDAQ:OS - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported ($1.06) EPS for the quarter. The firm had revenue of $129.14 million for the quarter, compared to analyst estimates of $124.13 million. On average, analysts expect Onestream to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Onestream Stock Down 1.9 %

Shares of NASDAQ OS traded down $0.56 during trading hours on Friday, reaching $28.92. The stock had a trading volume of 637,431 shares, compared to its average volume of 1,090,853. The business's fifty day moving average price is $29.23 and its two-hundred day moving average price is $29.91. Onestream has a 52-week low of $24.50 and a 52-week high of $35.39.

Insider Activity

In other news, CFO William A. Koefoed sold 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $26.57, for a total value of $265,700.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, President Craig Colby sold 280,000 shares of Onestream stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $29.71, for a total value of $8,318,800.00. The disclosure for this sale can be found here. Insiders have sold 7,709,787 shares of company stock worth $231,177,930 in the last ninety days.

Analysts Set New Price Targets

A number of research firms have recently issued reports on OS. Morgan Stanley raised Onestream from an "equal weight" rating to an "overweight" rating and set a $37.00 price target on the stock in a research report on Thursday, January 16th. Robert W. Baird increased their target price on shares of Onestream from $35.00 to $38.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Scotiabank boosted their price target on shares of Onestream from $34.00 to $35.00 and gave the company a "sector outperform" rating in a report on Friday, November 8th. Piper Sandler increased their price objective on shares of Onestream from $34.00 to $37.00 and gave the company an "overweight" rating in a research note on Friday, November 8th. Finally, Wedbush initiated coverage on shares of Onestream in a research note on Thursday, December 19th. They issued an "outperform" rating and a $40.00 price objective for the company. One analyst has rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $35.72.

Onestream Company Profile

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.