Brokerages Set Onestream, Inc. (NASDAQ:OS) Target Price at $34.31

Onestream, Inc. (NASDAQ:OS) has been given a consensus recommendation of “Moderate Buy” by the seventeen analysts that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $34.31.

A number of brokerages have weighed in on OS. Raymond James lifted their price target on shares of Onestream from $32.00 to $34.00 and gave the company an “outperform” rating in a report on Wednesday, September 4th. Baird R W upgraded Onestream to a “strong-buy” rating in a report on Thursday, August 1st. BMO Capital Markets began coverage on Onestream in a research report on Monday, September 23rd. They set an “outperform” rating and a $38.00 price target for the company. Wolfe Research initiated coverage on Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 price objective on the stock. Finally, Guggenheim boosted their target price on Onestream from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th.

Hedge Funds Weigh In On Onestream

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OS. Precision Wealth Strategies LLC acquired a new position in Onestream during the 3rd quarter worth $338,000. Atria Investments Inc acquired a new position in Onestream in the third quarter worth about $425,000. US Bancorp DE bought a new stake in Onestream in the third quarter valued at about $569,000. Portside Wealth Group LLC acquired a new stake in Onestream during the third quarter valued at approximately $593,000. Finally, Renaissance Capital LLC acquired a new stake in Onestream during the third quarter valued at approximately $1,032,000.

Onestream Stock Performance

OS opened at $31.78 on Friday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.17. The business has a 50 day moving average of $30.72.

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.