FY2024 Earnings Estimate for Onestream Issued By Wedbush

Onestream, Inc. (NASDAQ:OS) – Analysts at Wedbush issued their FY2024 EPS estimates for Onestream in a note issued to investors on Thursday, December 19th. Wedbush analyst D. Ives anticipates that the company will post earnings per share of $0.00 for the year. Wedbush currently has a “Outperform” rating and a $40.00 target price on the stock. The consensus estimate for Onestream’s current full-year earnings is $0.05 per share. Wedbush also issued estimates for Onestream’s Q4 2024 earnings at $0.02 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.06 EPS, FY2025 earnings at $0.14 EPS, Q1 2026 earnings at $0.06 EPS, Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.10 EPS and FY2026 earnings at $0.34 EPS.

A number of other research analysts have also issued reports on the company. Bank of America boosted their price objective on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. Scotiabank boosted their price target on shares of Onestream from $34.00 to $35.00 and gave the company a “sector outperform” rating in a report on Friday, November 8th. Guggenheim increased their price objective on shares of Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. The Goldman Sachs Group started coverage on shares of Onestream in a research report on Wednesday, December 11th. They issued a “buy” rating and a $37.00 price objective on the stock. Finally, Morgan Stanley raised their price target on shares of Onestream from $35.00 to $37.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 12th. Two investment analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $35.83.

Onestream Trading Down 1.4 %

Shares of OS opened at $29.10 on Monday. Onestream has a 12-month low of $24.50 and a 12-month high of $35.39. The stock’s fifty day moving average price is $30.81.

Institutional Trading of Onestream

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Advisors Inc. bought a new position in shares of Onestream during the third quarter valued at $27,000. Point72 Asset Management L.P. bought a new position in Onestream during the 3rd quarter valued at about $77,000. RiverPark Advisors LLC acquired a new position in Onestream in the third quarter valued at about $92,000. HighTower Advisors LLC acquired a new position in Onestream in the third quarter valued at about $222,000. Finally, Y Intercept Hong Kong Ltd bought a new stake in Onestream during the third quarter worth about $325,000.

Insiders Place Their Bets

In other news, President Craig Colby sold 280,000 shares of Onestream stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $29.71, for a total transaction of $8,318,800.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Michael Burkland sold 63,608 shares of the business’s stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $31.00, for a total value of $1,971,848.00. The disclosure for this sale can be found here. Insiders have sold a total of 7,699,787 shares of company stock valued at $230,912,230 in the last three months.

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.