OneStream’s (OS) Underweight Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. reaffirmed their underweight rating on shares of OneStream (NASDAQ:OS) in a report released on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has a $24.00 price target on the stock, up from their prior price target of $23.00.

A number of other brokerages have also recently weighed in on OS. Citigroup cut shares of OneStream from a “hold” rating to a “strong sell” rating in a research report on Friday. Loop Capital downgraded OneStream from a “buy” rating to a “hold” rating and decreased their target price for the stock from $25.00 to $24.00 in a research report on Wednesday, January 7th. Weiss Ratings reiterated a “sell (e+)” rating on shares of OneStream in a research note on Wednesday, October 8th. TD Cowen lowered OneStream from a “buy” rating to a “hold” rating and reduced their price target for the stock from $27.00 to $24.00 in a research report on Wednesday, January 7th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $24.00 price target (down previously from $27.00) on shares of OneStream in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $26.35.

OneStream Stock Performance

Shares of NASDAQ:OS opened at $23.62 on Friday. The stock has a 50-day simple moving average of $20.22 and a 200-day simple moving average of $20.61. The stock has a market capitalization of $5.76 billion, a P/E ratio of -49.21 and a beta of 2.04. OneStream has a 1 year low of $16.51 and a 1 year high of $30.93.

OneStream (NASDAQ:OS) last announced its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.06. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The firm had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same period in the previous year, the company posted ($1.06) earnings per share. OneStream’s revenue was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Analysts predict that OneStream will post 0.05 earnings per share for the current year.

Insider Transactions at OneStream

In other news, CAO Pamela Mcintyre sold 6,505 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $23.58, for a total transaction of $153,387.90. Following the completion of the sale, the chief accounting officer owned 58,847 shares of the company’s stock, valued at approximately $1,387,612.26. This trade represents a 9.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CRO Ken Hohenstein sold 40,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $17.21, for a total transaction of $688,400.00. Following the completion of the sale, the executive directly owned 990,961 shares in the company, valued at $17,054,438.81. This represents a 3.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 56,076 shares of company stock valued at $1,011,482. 12.77% of the stock is currently owned by corporate insiders.

Institutional Trading of OneStream

A number of institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC acquired a new position in shares of OneStream during the third quarter worth approximately $27,000. Rhumbline Advisers acquired a new position in OneStream during the 1st quarter worth $35,000. Advisors Asset Management Inc. grew its stake in shares of OneStream by 68.3% in the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after purchasing an additional 585 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of OneStream by 44.9% in the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock worth $46,000 after purchasing an additional 499 shares in the last quarter. Finally, KBC Group NV acquired a new position in shares of OneStream during the second quarter valued at $58,000.

About OneStream

OneStream Software, Inc (NASDAQ: OS) is a software company specializing in unified Corporate Performance Management (CPM) solutions. The company’s flagship OneStream XF platform consolidates financial data, budgeting and forecasting, reporting and analytics into a single, extensible cloud solution. By replacing legacy CPM applications and manual, spreadsheet-driven processes, OneStream enables organizations to streamline financial close, improve data accuracy and accelerate decision-making across the finance function.

Built on a single codebase, the OneStream XF platform offers a marketplace of prebuilt financial applications and reporting templates that can be deployed on demand.