OneStream (NASDAQ:OS) Given Underweight Rating at JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their underweight rating on shares of OneStream (NASDAQ:OS) in a research report sent to investors on Friday morning,Benzinga reports. JPMorgan Chase & Co. currently has a $24.00 price target on the stock, up from their previous price target of $23.00.

Several other equities analysts have also recently weighed in on the company. BMO Capital Markets downgraded OneStream from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $25.00 to $24.00 in a report on Wednesday, January 7th. Piper Sandler downgraded shares of OneStream from an “overweight” rating to a “neutral” rating and decreased their price objective for the company from $28.00 to $24.00 in a research report on Tuesday, January 6th. UBS Group set a $24.00 price objective on shares of OneStream in a research note on Friday. TD Cowen downgraded shares of OneStream from a “buy” rating to a “hold” rating and cut their target price for the company from $27.00 to $24.00 in a research note on Wednesday, January 7th. Finally, Wolfe Research downgraded OneStream from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $26.35.

OneStream Price Performance

OneStream stock opened at $23.62 on Friday. OneStream has a fifty-two week low of $16.51 and a fifty-two week high of $30.93. The firm has a market cap of $5.76 billion, a price-to-earnings ratio of -49.21 and a beta of 2.04. The firm has a fifty day moving average price of $20.22 and a two-hundred day moving average price of $20.69.

OneStream (NASDAQ:OS) last issued its earnings results on Thursday, November 6th. The company reported $0.08 EPS for the quarter, beating 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 business had revenue of $154.30 million during the quarter, compared to analyst estimates of $148.16 million. During the same period in the prior year, the company posted ($1.06) earnings per share. OneStream’s 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. As a group, sell-side analysts expect that OneStream will post 0.05 earnings per share for the current year.

Insider Transactions at OneStream

In other news, CFO William A. Koefoed sold 9,571 shares of the 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 sale, the chief financial officer owned 206,127 shares of the company’s stock, valued at approximately $3,654,631.71. This represents a 4.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CRO Ken Hohenstein sold 40,000 shares of OneStream stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of $17.21, for a total value of $688,400.00. Following the completion of the transaction, the executive directly owned 990,961 shares in the company, valued at approximately $17,054,438.81. This represents a 3.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 56,076 shares of company stock worth $1,011,482. Insiders own 12.77% of the company’s stock.

Hedge Funds Weigh In On OneStream

A number of hedge funds have recently bought and sold shares of the company. Advisory Services Network LLC bought a new stake in shares of OneStream during the 3rd quarter valued at about $27,000. Rhumbline Advisers acquired a new position in OneStream in the first quarter valued at approximately $35,000. Advisors Asset Management Inc. boosted its holdings in shares of OneStream by 68.3% during the 2nd 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. First Horizon Advisors Inc. grew its position in shares of OneStream by 44.9% during the 2nd 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. Finally, KBC Group NV bought a new stake in shares of OneStream in the 2nd quarter valued at $58,000.

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.