Analysts Set Onestream, Inc. (NASDAQ:OS) PT at $34.37

Onestream, Inc. (NASDAQ:OS) has earned an average recommendation of “Moderate Buy” from the twenty analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $34.37.

A number of research firms have recently weighed in on OS. JPMorgan Chase & Co. lowered Onestream from an “overweight” rating to a “neutral” rating and dropped their price objective for the company from $30.00 to $26.00 in a research note on Wednesday, February 12th. Morgan Stanley cut their price target on shares of Onestream from $37.00 to $34.00 and set an “overweight” rating on the stock in a report on Friday, February 14th. BMO Capital Markets lowered their price objective on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a research note on Wednesday, February 12th. Guggenheim restated a “buy” rating and set a $35.00 price target on shares of Onestream in a report on Wednesday, February 12th. Finally, Stephens started coverage on Onestream in a report on Wednesday, March 19th. They issued an “overweight” rating and a $27.00 price objective for the company.

Onestream Stock Down 10.3 %

Shares of Onestream stock opened at $18.08 on Tuesday. Onestream has a 52-week low of $17.96 and a 52-week high of $35.39. The company has a fifty day moving average of $24.48 and a 200-day moving average of $28.33.

Onestream (NASDAQ:OS) last released its earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.05. Analysts predict that Onestream will post 0.05 earnings per share for the current fiscal year.

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of Onestream stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Point72 Asset Management L.P. bought a new position in Onestream during the third quarter valued at approximately $77,000. SG Americas Securities LLC purchased a new stake in Onestream during the 4th quarter valued at $166,000. IFP Advisors Inc bought a new position in shares of Onestream during the 4th quarter valued at $168,000. Moody National Bank Trust Division purchased a new position in shares of Onestream in the 4th quarter worth $200,000. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Onestream by 57.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,090 shares of the company’s stock worth $202,000 after acquiring an additional 2,600 shares during the period.

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.