Onestream (NASDAQ:OS) Given New $31.00 Price Target at The Goldman Sachs Group

Onestream (NASDAQ:OS) had its price objective reduced by equities research analysts at The Goldman Sachs Group from $36.00 to $31.00 in a research report issued to clients and investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. The Goldman Sachs Group’s price objective would indicate a potential upside of 41.23% from the stock’s current price.

A number of other research firms also recently commented on OS. BMO Capital Markets dropped their target price on shares of Onestream from $38.00 to $34.00 and set an “outperform” rating on the stock in a report on Wednesday, February 12th. Citigroup dropped their price target on Onestream from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. JPMorgan Chase & Co. cut Onestream from an “overweight” rating to a “neutral” rating and decreased their target price for the stock from $30.00 to $26.00 in a report on Wednesday, February 12th. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of Onestream in a report on Wednesday, February 12th. Finally, Morgan Stanley decreased their price target on Onestream from $37.00 to $34.00 and set an “overweight” rating for the company in a research report on Friday, February 14th. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Onestream currently has an average rating of “Moderate Buy” and an average price target of $34.37.

Onestream Stock Down 5.5 %

Shares of NASDAQ OS opened at $21.95 on Friday. Onestream has a 1 year low of $20.00 and a 1 year high of $35.39. The stock has a fifty day moving average price of $25.37 and a two-hundred day moving average price of $28.64.

Onestream (NASDAQ:OS) last announced its earnings results on Tuesday, February 11th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.05. On average, research analysts expect that Onestream will post 0.05 earnings per share for the current year.

Insider Buying and Selling at Onestream

In other Onestream news, CFO William A. Koefoed sold 10,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $25.04, for a total value of $250,400.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On Onestream

Several large investors have recently made changes to their positions in OS. Geode Capital Management LLC bought a new stake in Onestream in the third quarter worth $10,331,000. Diversified Trust Co acquired a new position in shares of Onestream during the 4th quarter valued at about $1,004,000. Temasek Holdings Private Ltd acquired a new position in shares of Onestream during the 3rd quarter valued at about $37,290,000. State Street Corp bought a new position in shares of Onestream in the 3rd quarter valued at approximately $3,878,000. Finally, Townsquare Capital LLC acquired a new stake in Onestream in the 3rd quarter worth approximately $3,667,000.

About Onestream

OneStream, Inc is a holding company, which engages in the development of artificial intelligence (AI) based enterprise finance platform. The firm offers Digital Finance Cloud, an AI-enabled and extensible software platform that unifies core financial functions and operational data and processes. Its platform focuses on forming a comprehensive, dynamic, and predictive view of the entire enterprise, providing corporate leaders with the control, visibility, and agility required to proactively adjust business strategy and day-to-day execution.