Research Analysts’ Recent Ratings Changes for Onestream (OS)

Onestream (NASDAQ: OS) has recently received a number of price target changes and ratings updates:

• 11/12/2024 – Onestream had its price target raised by analysts at Morgan Stanley from $35.00 to $37.00. They now have an “equal weight” rating on the stock.
• 11/8/2024 – Onestream had its price target raised by analysts at Scotiabank from $34.00 to $35.00. They now have a “sector outperform” rating on the stock.
• 11/8/2024 – Onestream had its price target raised by analysts at Piper Sandler from $34.00 to $37.00. They now have an “overweight” rating on the stock.
• 11/8/2024 – Onestream had its price target raised by analysts at Raymond James from $34.00 to $35.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Onestream had its price target raised by analysts at Robert W. Baird from $35.00 to $38.00. They now have an “outperform” rating on the stock.
• 11/8/2024 – Onestream had its price target raised by analysts at Needham & Company LLC from $35.00 to $38.00. They now have a “buy” rating on the stock.
• 9/23/2024 – Onestream is now covered by analysts at BMO Capital Markets. They set an “outperform” rating and a $38.00 price target on the stock.

Onestream Stock Performance

Shares of OS stock opened at $31.05 on Friday. Onestream, Inc. has a twelve month low of $24.50 and a twelve month high of $35.39. The business has a fifty day moving average price of $31.31.

Insider Transactions at Onestream

In other news, Director Michael Burkland sold 63,608 shares of the company’s stock in a transaction on Monday, November 18th. The stock was sold at an average price of $31.00, for a total transaction of $1,971,848.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Kkr Group Partnership L.P. sold 6,376,411 shares of the company’s stock in a transaction on Monday, November 18th. The shares were sold at an average price of $29.99, for a total value of $191,228,565.89. The disclosure for this sale can be found here.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of OS. Barclays PLC purchased a new stake in Onestream in the third quarter worth about $369,000. Geode Capital Management LLC purchased a new stake in Onestream in the third quarter worth about $10,331,000. M&T Bank Corp purchased a new stake in Onestream in the third quarter worth about $908,000. Y Intercept Hong Kong Ltd purchased a new stake in Onestream in the third quarter worth about $325,000. Finally, Zimmer Partners LP purchased a new stake in Onestream in the third quarter worth about $1,695,000.

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.