Onestream (NASDAQ:OS) Stock Price Expected to Rise, Piper Sandler Analyst Says

Onestream (NASDAQ:OS) had its price target boosted by Piper Sandler from $34.00 to $37.00 in a research note issued to investors on Friday,Benzinga reports. They currently have an overweight rating on the stock.

A number of other analysts have also recently issued reports on OS. Bank of America increased their price objective on shares of Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. BTIG Research initiated coverage on shares of Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $37.00 price objective on the stock. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a research note on Thursday, August 1st. Morgan Stanley assumed coverage on Onestream in a research report on Monday, August 19th. They issued an “equal weight” rating and a $29.00 target price on the stock. Finally, Guggenheim lifted their price objective on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Two analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $35.00.

Onestream Stock Performance

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. bought a new position in shares of Onestream in the 3rd quarter worth $27,000. RiverPark Advisors LLC purchased a new stake in shares of Onestream during the third quarter valued at about $92,000. Precision Wealth Strategies LLC bought a new stake in shares of Onestream in the 3rd quarter valued at about $338,000. Atria Investments Inc purchased a new stake in Onestream during the third quarter valued at approximately $425,000. Finally, US Bancorp DE purchased a new position in Onestream in the third quarter worth $569,000.

Onestream Company Profile

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.