Onestream, Inc. (NASDAQ:OS) Receives $34.31 Average Price Target from Brokerages

Shares of Onestream, Inc. (NASDAQ:OS) have been given a consensus recommendation of “Moderate Buy” by the seventeen research firms that are covering the stock, Marketbeat reports. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $34.31.

Several equities research analysts have recently weighed in on the company. BMO Capital Markets assumed coverage on Onestream in a research note on Monday, September 23rd. They set an “outperform” rating and a $38.00 price objective for the company. Guggenheim raised their target price on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Loop Capital initiated coverage on Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $35.00 target price for the company. Bank of America raised their target price on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Finally, Citigroup began coverage on Onestream in a report on Monday, August 19th. They set a “neutral” rating and a $34.00 price objective for the company.

Onestream Stock Performance

Shares of OS stock opened at $29.10 on Friday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.17. The firm’s fifty day moving average price is $30.68.

Institutional Investors Weigh In On Onestream

A number of institutional investors have recently added to or reduced their stakes in OS. Renaissance Capital LLC acquired a new stake in Onestream during the third quarter valued at approximately $1,032,000. Seven Grand Managers LLC acquired a new position in shares of Onestream in the 3rd quarter worth approximately $6,780,000. Precision Wealth Strategies LLC acquired a new position in shares of Onestream in the 3rd quarter worth approximately $338,000. Dakota Wealth Management acquired a new position in shares of Onestream in the 3rd quarter worth approximately $2,412,000. Finally, US Bancorp DE acquired a new position in shares of Onestream in the 3rd quarter worth 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.