OneStream (NASDAQ:OS) Cut to Hold at Mizuho

Mizuho cut shares of OneStream (NASDAQ:OS) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the stock. BMO Capital Markets downgraded shares of OneStream from an “outperform” rating to a “market perform” rating and cut their price target for the company from $25.00 to $24.00 in a report on Wednesday. Citigroup dropped their target price on shares of OneStream from $25.00 to $24.00 and set a “neutral” rating for the company in a report on Tuesday, December 23rd. Wolfe Research lowered OneStream from an “outperform” rating to a “peer perform” rating in a research note on Wednesday. Piper Sandler cut OneStream from an “overweight” rating to a “neutral” rating and lowered their price target for the stock from $28.00 to $24.00 in a report on Tuesday. Finally, BTIG Research started coverage on OneStream in a research note on Tuesday, December 16th. They issued a “buy” rating and a $25.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $26.82.

OneStream Price Performance

OS opened at $23.60 on Tuesday. OneStream has a 12 month low of $16.51 and a 12 month high of $30.93. The stock has a market capitalization of $5.75 billion, a P/E ratio of -49.17 and a beta of 2.04. The business has a 50 day simple moving average of $19.75 and a 200-day simple moving average of $20.84.

OneStream (NASDAQ:OS) last released its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $154.30 million during the quarter, compared to analysts’ expectations of $148.16 million. During the same quarter in the prior year, the business posted ($1.06) earnings per share. OneStream’s revenue was up 19.5% compared to the same quarter last year. OneStream has set its FY 2025 guidance at 0.150-0.190 EPS and its Q4 2025 guidance at 0.040-0.070 EPS. Research analysts anticipate that OneStream will post 0.05 EPS for the current year.

Insider Activity at OneStream

In other OneStream news, CRO Ken Hohenstein sold 40,000 shares of the firm’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $16.85, for a total transaction of $674,000.00. Following the completion of the transaction, the executive owned 997,062 shares of the company’s stock, valued at approximately $16,800,494.70. This trade represents a 3.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO William A. Koefoed sold 9,571 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $3,654,631.71. This trade represents a 4.44% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 89,571 shares of company stock valued at $1,532,094 over the last 90 days. Insiders own 12.77% of the company’s stock.

Institutional Trading of OneStream

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OS. First Horizon Advisors Inc. raised its stake in OneStream by 44.9% in the 2nd quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock valued at $46,000 after purchasing an additional 499 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in shares of OneStream by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock worth $41,000 after buying an additional 585 shares in the last quarter. The Manufacturers Life Insurance Company raised its position in shares of OneStream by 8.8% in the second quarter. The Manufacturers Life Insurance Company now owns 11,747 shares of the company’s stock valued at $332,000 after buying an additional 954 shares during the last quarter. Magnetar Financial LLC lifted its stake in shares of OneStream by 12.6% during the third quarter. Magnetar Financial LLC now owns 10,920 shares of the company’s stock valued at $201,000 after buying an additional 1,220 shares during the period. Finally, Advisory Services Network LLC acquired a new stake in OneStream during the third quarter worth approximately $27,000.

Key Headlines Impacting OneStream

Here are the key news stories impacting OneStream this week:

• Positive Sentiment: Hg Capital agreed to acquire OneStream in a $6.4 billion take‑private deal, driving a large intraday rally as investors priced the buyout premium. Article Title
• Positive Sentiment: Coverage and mainstream outlets flagged the Hg bid and the resulting spike in shares, amplifying retail and momentum interest. Article Title
• Neutral Sentiment: Aggregated analyst coverage pieces summarize recent rating changes and the buyout — useful for context but unlikely to move price beyond the buyout premium itself. Article Title
• Negative Sentiment: Several brokerages (Truist, Mizuho, Baird, Needham, Rosenblatt, TD Cowen and Guggenheim) moved ratings toward “hold” and trimmed price targets, signaling reduced incremental upside from here absent a higher competing bid. Article Title
• Negative Sentiment: OneStream’s CRO exercised options and sold roughly $688k of shares in the weeks before the buyout announcement, which may attract regulatory scrutiny or raise governance questions among investors. Article Title

About OneStream

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.