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

Shares of Onestream, Inc. (NASDAQ:OS) have been given an average recommendation of “Moderate Buy” by the seventeen research firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $34.31.

Several research firms recently weighed in on OS. Truist Financial restated a “buy” rating and set a $37.00 price target (up previously from $35.00) on shares of Onestream in a research report on Wednesday, September 4th. Robert W. Baird raised their price target on shares of Onestream from $32.00 to $35.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 4th. Needham & Company LLC upped their price objective on Onestream from $33.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. Baird R W raised Onestream to a “strong-buy” rating in a report on Thursday, August 1st. Finally, BMO Capital Markets started coverage on Onestream in a research note on Monday, September 23rd. They issued an “outperform” rating and a $38.00 target price on the stock.

Onestream Stock Performance

Onestream stock opened at $28.45 on Tuesday. Onestream has a fifty-two week low of $24.50 and a fifty-two week high of $35.17. The stock’s 50-day moving average price is $29.99.

Insiders Place Their Bets

In related news, President Craig Colby sold 200,502 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In other Onestream news, President Craig Colby sold 200,502 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $3,779,462.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm’s stock in a transaction dated Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The disclosure for this sale can be found here. Insiders sold a total of 2,775,146 shares of company stock valued at $52,311,502 over the last 90 days.

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.