The Goldman Sachs Group Has Lowered Expectations for Onestream (NASDAQ:OS) Stock Price

Onestream (NASDAQ:OS) had its price target decreased by research analysts at The Goldman Sachs Group from $36.00 to $31.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. The Goldman Sachs Group’s price objective points to a potential upside of 41.23% from the company’s previous close.

A number of other brokerages also recently issued reports on OS. BMO Capital Markets cut their price target on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating for the company in a report on Wednesday, February 12th. Wedbush assumed coverage on shares of Onestream in a research report on Thursday, December 19th. They set an “outperform” rating and a $40.00 price target for the company. Guggenheim reissued a “buy” rating and set a $35.00 price target on shares of Onestream in a research note on Wednesday, February 12th. Morgan Stanley lowered their price target on Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Finally, Needham & Company LLC restated a “buy” rating and issued a $38.00 price objective on shares of Onestream in a report on Wednesday, February 12th. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $34.37.

Onestream Stock Down 5.5 %

Shares of NASDAQ:OS opened at $21.95 on Friday. Onestream has a fifty-two week low of $20.00 and a fifty-two week high of $35.39. The firm’s 50-day simple moving average is $25.37 and its 200-day simple moving average is $28.64.

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

Insider Activity at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total transaction of $250,400.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Institutional Investors Weigh In On Onestream

A number of institutional investors have recently modified their holdings of OS. California State Teachers Retirement System acquired a new position in Onestream during the 4th quarter valued at about $957,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Onestream during the fourth quarter worth approximately $1,234,000. Woodline Partners LP grew its holdings in Onestream by 1.1% in the 4th quarter. Woodline Partners LP now owns 133,900 shares of the company’s stock worth $3,819,000 after buying an additional 1,515 shares in the last quarter. Two Sigma Advisers LP increased its position in Onestream by 20.3% in the 4th quarter. Two Sigma Advisers LP now owns 8,900 shares of the company’s stock valued at $254,000 after acquiring an additional 1,500 shares during the period. Finally, Seven Grand Managers LLC raised its stake in Onestream by 50.0% during the 4th quarter. Seven Grand Managers LLC now owns 300,000 shares of the company’s stock valued at $8,556,000 after acquiring an additional 100,000 shares in 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.