Wedbush Issues Negative Estimate for Onestream Earnings

Onestream, Inc. (NASDAQ:OS) – Equities researchers at Wedbush lowered their Q1 2025 earnings per share (EPS) estimates for shares of Onestream in a research report issued on Wednesday, February 12th. Wedbush analyst D. Ives now expects that the company will post earnings of ($0.03) per share for the quarter, down from their prior forecast of $0.01. Wedbush has a “Outperform” rating and a $40.00 price target on the stock. The consensus estimate for Onestream’s current full-year earnings is $0.04 per share. Wedbush also issued estimates for Onestream’s FY2025 earnings at $0.05 EPS.

Onestream (NASDAQ:OS) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.02 by $0.05.

Several other research analysts have also recently issued reports on OS. Robert W. Baird raised 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. Raymond James raised their price target on shares of Onestream from $34.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. BMO Capital Markets decreased their price objective on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a research report on Wednesday. Needham & Company LLC reiterated a “buy” rating and set a $38.00 target price on shares of Onestream in a report on Wednesday. Finally, JPMorgan Chase & Co. downgraded Onestream from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $30.00 to $26.00 in a report on Wednesday. Two investment analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.11.

Onestream Stock Performance

OS opened at $25.57 on Friday. The stock’s 50 day simple moving average is $28.81 and its 200 day simple moving average is $29.83. Onestream has a 1 year low of $21.75 and a 1 year high of $35.39.

Insider Buying and Selling

In other news, Director Michael Burkland sold 63,608 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $31.00, for a total value of $1,971,848.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Craig Colby sold 280,000 shares of Onestream stock in a transaction dated 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 sold a total of 7,709,787 shares of company stock worth $231,177,930 in the last three months.

Hedge Funds Weigh In On Onestream

Hedge funds have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Onestream in the fourth quarter worth approximately $119,214,000. T. Rowe Price Investment Management Inc. boosted its holdings in Onestream by 3.1% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 3,784,963 shares of the company’s stock worth $107,948,000 after purchasing an additional 115,176 shares during the last quarter. Vanguard Group Inc. grew its position in Onestream by 51.2% in the 4th quarter. Vanguard Group Inc. now owns 3,746,578 shares of the company’s stock worth $106,852,000 after purchasing an additional 1,268,733 shares during the period. Champlain Investment Partners LLC bought a new stake in Onestream in the 4th quarter worth approximately $98,076,000. Finally, Alliancebernstein L.P. raised its stake in Onestream by 122.6% during the 4th quarter. Alliancebernstein L.P. now owns 2,465,679 shares of the company’s stock valued at $70,321,000 after buying an additional 1,357,860 shares during the last quarter.

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.