Ouster (NASDAQ:OUST) Trading Down 17% – What’s Next?

Ouster, Inc. (NASDAQ:OUST)’s share price dropped 17% on Thursday . The company traded as low as $48.93 and last traded at $49.84. 9,072,473 shares were traded during mid-day trading, an increase of 183% from the average daily volume of 3,204,787 shares. The stock had previously closed at $60.02.

Ouster News Summary

Here are the key news stories impacting Ouster this week:

• Negative Sentiment: Ouster priced a $200 million underwritten public offering of common stock, and the shares were being sold by the company itself, which creates dilution concerns for existing shareholders. Ouster, Inc. Announces Pricing of Public Offering of Common Stock
• Positive Sentiment: Ouster’s REV8 sensors achieved BABA compliance, which could improve access to federally funded U.S. infrastructure projects and support long-term demand. How Ouster’s REV8 BABA Compliance Boosts Its Long-Term Outlook
• Neutral Sentiment: Industry coverage highlighted Ouster as one of the key robotics supply-chain names in 2026, but this was more of a sector comparison piece than a company-specific catalyst. Which Robotics Supply Chain Stock Has Dominated in 2026: Ouster, Aeva, or Vishay Precision Group?
• Neutral Sentiment: Ouster had already been trading lower earlier in the week, suggesting the stock was vulnerable heading into the offering announcement. Ouster, Inc. (OUST) Registers a Bigger Fall Than the Market: Important Facts to Note

Wall Street Analyst Weigh In

OUST has been the subject of several recent research reports. Cantor Fitzgerald downgraded shares of Ouster from an “overweight” rating to a “neutral” rating in a research report on Thursday, May 7th. Rosenblatt Securities raised their price target on shares of Ouster from $40.00 to $53.00 and gave the company a “buy” rating in a research report on Wednesday, May 27th. Roth Mkm started coverage on Ouster in a research note on Friday, May 29th. They set a “buy” rating and a $75.00 price target for the company. Finally, Weiss Ratings started coverage on Ouster in a research note on Friday, May 15th. They set a “sell (d-)” rating for the company. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $48.17.

Ouster Stock Performance

The stock has a market capitalization of $3.13 billion, a PE ratio of -51.38 and a beta of 3.17. The stock’s fifty day simple moving average is $38.72 and its 200-day simple moving average is $27.80.

Ouster (NASDAQ:OUST) last released its quarterly earnings results on Tuesday, May 5th. The company reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.16). The firm had revenue of $48.58 million for the quarter, compared to the consensus estimate of $46.15 million. Ouster had a negative net margin of 30.12% and a negative return on equity of 21.49%. During the same period in the previous year, the business earned ($0.42) earnings per share. As a group, analysts anticipate that Ouster, Inc. will post -1.05 earnings per share for the current fiscal year.

Insider Activity at Ouster

In related news, CEO Charles Angus Pacala sold 29,797 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $38.82, for a total value of $1,156,719.54. Following the transaction, the chief executive officer directly owned 1,072,201 shares of the company’s stock, valued at approximately $41,622,842.82. The trade was a 2.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Darien Spencer sold 30,000 shares of the stock in a transaction dated Tuesday, May 26th. The shares were sold at an average price of $45.00, for a total transaction of $1,350,000.00. Following the transaction, the chief operating officer owned 342,366 shares of the company’s stock, valued at approximately $15,406,470. The trade was a 8.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 910,591 shares of company stock valued at $32,578,780 over the last quarter. Corporate insiders own 5.72% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Bank of America Corp DE increased its stake in shares of Ouster by 114.6% during the 1st quarter. Bank of America Corp DE now owns 217,390 shares of the company’s stock worth $3,993,000 after purchasing an additional 116,096 shares during the last quarter. Janus Henderson Group PLC lifted its stake in Ouster by 706.0% in the first quarter. Janus Henderson Group PLC now owns 177,895 shares of the company’s stock valued at $3,268,000 after purchasing an additional 155,825 shares during the last quarter. Amundi lifted its stake in Ouster by 40.1% in the first quarter. Amundi now owns 21,921 shares of the company’s stock valued at $403,000 after purchasing an additional 6,278 shares during the last quarter. California State Teachers Retirement System lifted its stake in Ouster by 50.3% in the first quarter. California State Teachers Retirement System now owns 79,401 shares of the company’s stock valued at $1,459,000 after purchasing an additional 26,574 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in Ouster by 34.4% during the first quarter. Royal Bank of Canada now owns 5,888 shares of the company’s stock valued at $108,000 after purchasing an additional 1,507 shares during the period. 31.45% of the stock is owned by institutional investors.

About Ouster

Ouster, Inc is a leading provider of high-resolution digital lidar sensors, software and services designed to enable advanced perception capabilities across a range of industries. Headquartered in San Francisco, California, the company develops modular lidar solutions that capture precise three-dimensional data in real time, supporting applications from autonomous vehicles and robotics to mapping, smart infrastructure and industrial automation.

The company’s core product lineup features multi-beam digital lidar units available in various form factors, including compact models for robotics and drones and larger units for automotive and mapping systems.