OneStream (NASDAQ:OS) Downgraded to “Hold” Rating by Needham & Company LLC

Needham & Company LLC lowered shares of OneStream (NASDAQ:OS) from a buy rating to a hold rating in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports.

A number of other equities analysts have also recently weighed in on the company. William Blair cut OneStream from an “outperform” rating to a “hold” rating in a report on Tuesday. Wolfe Research cut shares of OneStream from an “outperform” rating to a “peer perform” rating in a research report on Wednesday. BTIG Research initiated coverage on shares of OneStream in a report on Tuesday, December 16th. They set a “buy” rating and a $25.00 price target for the company. Morgan Stanley reaffirmed an “equal weight” rating and set a $24.00 price target (down previously from $27.00) on shares of OneStream in a research note on Wednesday. Finally, Mizuho reissued a “neutral” rating and issued a $24.00 price objective (down from $25.00) on shares of OneStream in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $26.82.

OneStream Trading Down 0.1%

Shares of OneStream stock opened at $23.58 on Wednesday. OneStream has a twelve month low of $16.51 and a twelve month high of $30.93. The stock has a market cap of $5.75 billion, a price-to-earnings ratio of -49.11 and a beta of 2.04. The company has a fifty day moving average price of $19.64 and a 200 day moving average price of $20.82.

OneStream (NASDAQ:OS) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.08 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.06. OneStream had a positive return on equity of 9.65% and a negative net margin of 14.50%.The company had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same quarter in the previous year, the firm posted ($1.06) earnings per share. The firm’s quarterly revenue was up 19.5% on a year-over-year basis. 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 forecast that OneStream will post 0.05 earnings per share for the current year.

Insider Transactions at OneStream

In related news, CFO William A. Koefoed sold 9,571 shares of OneStream stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $17.73, for a total value of $169,693.83. Following the completion of the transaction, the chief financial officer directly owned 206,127 shares in the company, valued at approximately $3,654,631.71. This trade represents a 4.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CRO Ken Hohenstein sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $17.21, for a total value of $688,400.00. Following the sale, the executive owned 990,961 shares in the company, valued at $17,054,438.81. The trade was a 3.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 89,571 shares of company stock worth $1,532,094. Company insiders own 12.77% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of OS. Advisors Asset Management Inc. lifted its holdings in 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 acquiring an additional 585 shares during the last quarter. Advisory Services Network LLC acquired a new stake in OneStream in the third quarter worth $27,000. First Horizon Advisors Inc. increased its position in 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 buying an additional 499 shares during the period. Rhumbline Advisers bought a new stake in OneStream in the first quarter valued at $35,000. Finally, KBC Group NV acquired a new position in shares of OneStream during the second quarter valued at $58,000.

OneStream News Roundup

Here are the key news stories impacting OneStream this week:

• Positive Sentiment: Definitive acquisition agreement — Hg to buy OneStream for $6.4B at $24.00/share (all cash), a material premium that explains the sharp rally and provides a clear near‑term cash outcome for public shareholders. OneStream Enters into Definitive Agreement to be Acquired by Hg for $6.4 Billion
• Positive Sentiment: Market reaction — shares spiked roughly 24–28% on the buyout announcement as investors chased the takeover premium and heavy volume confirmed strong market interest. OneStream (OS) Skyrockets 28% on $6.4-Billion Merger With Hg
• Neutral Sentiment: Trading pause/market mechanics — trading was temporarily halted around the announcement (news pending), a routine move that amplified volatility and concentrated volume into a short time window.
• Neutral Sentiment: Momentum sustainability questions — some outlets note the move was large on volume but raise caution that recent earnings-estimate revision trends may limit further upside absent new fundamental catalysts. Onestream (OS) Moves 28.4% Higher: Will This Strength Last?
• Negative Sentiment: Analyst downgrades/target cuts — Needham cut OS from Buy to Hold; TD Cowen and Rosenblatt reaffirmed Hold/Neutral but trimmed price targets to $24 (from $27/$26), reflecting the deal price and removing upside for public trading. These actions can temper post‑deal trading interest. TD Cowen hold rating, price target cut
• Negative Sentiment: Shareholder scrutiny / legal inquiry — a shareholder law firm (Ademi LLP) announced an investigation into whether public shareholders are getting a fair price, which could lead to litigation or push for a higher offer and adds deal uncertainty. Shareholder Alert: The Ademi Firm investigates whether OneStream Inc. is obtaining a Fair Price for its Public Shareholders
• Negative Sentiment: Insider option exercise and sale — reports that OneStream’s CRO exercised options and sold roughly $688k of shares shortly before the buyout announcement raise governance and optics concerns that may attract further scrutiny. OneStream CRO Exercises Options, Sells $688,000 Weeks Before $6.4 Billion Buyout Deal

OneStream Company Profile

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.