Piper Sandler Issues Positive Forecast for Onestream (NASDAQ:OS) Stock Price

Onestream (NASDAQ:OS) had its price objective boosted by Piper Sandler from $34.00 to $37.00 in a research note issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Piper Sandler’s price objective indicates a potential upside of 14.94% from the company’s previous close.

OS has been the topic of several other reports. Raymond James lifted their target price on Onestream from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, September 4th. BMO Capital Markets initiated coverage on Onestream in a report on Monday, September 23rd. They set an “outperform” rating and a $38.00 target price on the stock. Morgan Stanley initiated coverage on Onestream in a report on Monday, August 19th. They set an “equal weight” rating and a $29.00 target price on the stock. Wolfe Research started coverage on Onestream in a report on Monday, August 19th. They set an “outperform” rating and a $32.00 target price on the stock. Finally, Robert W. Baird boosted their price target on Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a report on Friday. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Onestream presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.75.

Onestream Stock Performance

OS stock opened at $32.19 on Friday. The business’s 50-day simple moving average is $30.78. Onestream has a 1-year low of $24.50 and a 1-year high of $35.17.

Institutional Trading of Onestream

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Renaissance Capital LLC bought a new stake in Onestream in the third quarter valued at approximately $1,032,000. Seven Grand Managers LLC bought a new stake in Onestream in the third quarter valued at approximately $6,780,000. Precision Wealth Strategies LLC bought a new stake in Onestream in the third quarter valued at approximately $338,000. Dakota Wealth Management bought a new stake in Onestream in the third quarter valued at approximately $2,412,000. Finally, US Bancorp DE bought a new stake in Onestream in the third quarter valued at approximately $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.