OneStream’s (OS) “Hold” Rating Reaffirmed at TD Cowen

TD Cowen reaffirmed their hold rating on shares of OneStream (NASDAQ:OS) in a report released on Wednesday,Benzinga reports. The firm currently has a $24.00 price target on the stock, down from their prior price target of $27.00.

Other equities analysts have also recently issued reports about the company. Loop Capital cut OneStream from a “buy” rating to a “hold” rating and cut their price objective for the stock from $25.00 to $24.00 in a report on Wednesday. Capital One Financial set a $24.00 price target on shares of OneStream in a research report on Wednesday. Truist Financial set a $24.00 price target on shares of OneStream in a research note on Tuesday. Piper Sandler lowered shares of OneStream from an “overweight” rating to a “neutral” rating and lowered their price objective for the stock from $28.00 to $24.00 in a report on Tuesday. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of OneStream in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $26.82.

OneStream Price Performance

OS stock opened at $23.58 on Wednesday. The firm has a 50 day simple moving average of $19.64 and a two-hundred day simple moving average of $20.82. The stock has a market cap of $5.75 billion, a PE ratio of -49.11 and a beta of 2.04. OneStream has a one year low of $16.51 and a one year high of $30.93.

OneStream (NASDAQ:OS) last posted its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.06. OneStream had a negative net margin of 14.50% and a positive return on equity of 9.65%. The firm had revenue of $154.30 million for the quarter, compared to analysts’ expectations of $148.16 million. During the same quarter last year, the company posted ($1.06) EPS. The business’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. On average, research analysts expect that OneStream will post 0.05 EPS for the current fiscal year.

Insider Buying and Selling at OneStream

In other OneStream news, CFO William A. Koefoed sold 9,571 shares of the firm’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $17.73, for a total value of $169,693.83. Following the sale, the chief financial officer owned 206,127 shares of the company’s stock, valued at $3,654,631.71. This trade represents a 4.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO Ken Hohenstein sold 40,000 shares of OneStream stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $16.85, for a total value of $674,000.00. Following the completion of the sale, the executive owned 997,062 shares in the company, valued at approximately $16,800,494.70. This represents a 3.86% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 89,571 shares of company stock worth $1,532,094. 12.77% of the stock is owned by insiders.

Institutional Trading of OneStream

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OS. Norges Bank purchased a new position in shares of OneStream in the second quarter valued at about $179,524,000. Marshall Wace LLP increased its position in OneStream by 9,577.4% in the second quarter. Marshall Wace LLP now owns 1,989,102 shares of the company’s stock worth $56,292,000 after purchasing an additional 1,968,548 shares during the last quarter. Temasek Holdings Private Ltd raised its stake in OneStream by 44.3% during the third quarter. Temasek Holdings Private Ltd now owns 4,266,714 shares of the company’s stock valued at $78,636,000 after purchasing an additional 1,310,354 shares in the last quarter. Wasatch Advisors LP bought a new position in OneStream during the second quarter valued at $35,882,000. Finally, Wellington Management Group LLP purchased a new position in shares of OneStream in the 3rd quarter worth $23,250,000.

Key Headlines Impacting OneStream

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.