Onestream, Inc. (NASDAQ:OS) Receives $34.07 Consensus PT from Brokerages

Onestream, Inc. (NASDAQ:OS) has been given a consensus recommendation of “Moderate Buy” by the sixteen analysts that are presently covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $34.07.

Several brokerages have weighed in on OS. Guggenheim raised their price objective on Onestream from $34.00 to $35.00 and gave the company a “buy” rating in a research note on Wednesday, September 4th. TD Cowen started coverage on shares of Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $34.00 price target on the stock. Scotiabank assumed coverage on shares of Onestream in a research report on Monday, August 19th. They issued a “sector outperform” rating and a $34.00 price objective for the company. JPMorgan Chase & Co. assumed coverage on shares of Onestream in a research report on Monday, August 19th. They set an “overweight” rating and a $30.00 target price on the stock. Finally, Bank of America upped their target price on Onestream from $35.00 to $36.00 and gave the company a “buy” rating in a report on Wednesday, September 4th.

Insider Buying and Selling at Onestream

In other news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, major shareholder Kkr Group Partnership L.P. sold 2,554,644 shares of the firm’s stock in a transaction on Thursday, July 25th. The stock was sold at an average price of $18.85, for a total value of $48,155,039.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 disclosure for this sale can be found here. Insiders have sold a total of 2,775,146 shares of company stock valued at $52,311,502 over the last three months.

Onestream Stock Down 0.2 %

OS stock opened at $30.65 on Friday. Onestream has a twelve month low of $24.50 and a twelve month high of $32.63.

Onestream Company Profile

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.