Onestream (NASDAQ:OS) Price Target Raised to $38.00

Onestream (NASDAQ:OS) had its price objective lifted by Robert W. Baird from $35.00 to $38.00 in a report published on Friday,Benzinga reports. Robert W. Baird currently has an outperform rating on the stock.

Other equities analysts have also recently issued reports about the company. BMO Capital Markets initiated coverage on Onestream in a research note on Monday, September 23rd. They set an “outperform” rating and a $38.00 price objective on the stock. Truist Financial restated a “buy” rating and set a $37.00 price target (up from $35.00) on shares of Onestream in a report on Wednesday, September 4th. Needham & Company LLC increased their price objective on shares of Onestream from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. JPMorgan Chase & Co. assumed coverage on Onestream in a research note on Monday, August 19th. They issued an “overweight” rating and a $30.00 target price on the stock. Finally, Piper Sandler increased their price target on Onestream from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Wednesday, September 4th. Two research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Onestream presently has an average rating of “Moderate Buy” and an average target price of $35.00.

Onestream Price Performance

Shares of Onestream stock opened at $34.33 on Friday. Onestream has a 52 week low of $24.50 and a 52 week high of $35.39. The business has a 50 day moving average of $30.88.

Institutional Trading of Onestream

Several hedge funds and other institutional investors have recently modified their holdings of OS. First Horizon Advisors Inc. purchased a new position in Onestream in the 3rd quarter valued at approximately $27,000. RiverPark Advisors LLC bought a new stake in shares of Onestream during the 3rd quarter valued at $92,000. Precision Wealth Strategies LLC purchased a new stake in Onestream during the 3rd quarter worth about $338,000. Atria Investments Inc bought a new position in Onestream in the 3rd quarter worth about $425,000. Finally, US Bancorp DE purchased a new position in Onestream during the 3rd quarter valued at about $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.