JPMorgan Chase & Co. Reiterates Underweight Rating for OneStream (NASDAQ:OS)

OneStream (NASDAQ:OS)‘s stock had its “underweight” rating reissued by stock analysts at JPMorgan Chase & Co. in a research report issued on Friday,Benzinga reports. They currently have a $24.00 price target on the stock, up from their previous price target of $23.00. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 1.61% from the company’s current price.

Other equities analysts have also issued reports about the company. William Blair lowered OneStream from an “outperform” rating to a “hold” rating in a research note on Tuesday, January 6th. Robert W. Baird set a $24.00 price target on OneStream in a report on Tuesday, January 6th. BTIG Research initiated coverage on shares of OneStream in a research note on Tuesday, December 16th. They set a “buy” rating and a $25.00 price objective for the company. Mizuho reissued a “neutral” rating and issued a $24.00 target price (down from $25.00) on shares of OneStream in a research report on Wednesday, January 7th. Finally, TD Cowen lowered shares of OneStream from a “buy” rating to a “hold” rating and dropped their price target for the stock from $27.00 to $24.00 in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, OneStream presently has a consensus rating of “Hold” and a consensus price target of $26.35.

OneStream Price Performance

OneStream stock opened at $23.62 on Friday. The stock has a market capitalization of $5.76 billion, a P/E ratio of -49.21 and a beta of 2.04. OneStream has a 12-month low of $16.51 and a 12-month high of $30.93. The firm’s 50-day moving average is $20.22 and its two-hundred day moving average is $20.65.

OneStream (NASDAQ:OS) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) 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 business had revenue of $154.30 million for the quarter, compared to the consensus estimate of $148.16 million. During the same quarter in the prior year, the firm posted ($1.06) earnings per share. The company’s quarterly 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. As a group, analysts forecast that OneStream will post 0.05 EPS for the current year.

Insider Activity at OneStream

In other OneStream news, CAO Pamela Mcintyre sold 6,505 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $23.58, for a total transaction of $153,387.90. Following the transaction, the chief accounting officer owned 58,847 shares in the company, valued at $1,387,612.26. The trade was a 9.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO William A. Koefoed sold 9,571 shares of the company’s 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 directly owned 206,127 shares of the company’s stock, valued at $3,654,631.71. The trade was a 4.44% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 56,076 shares of company stock worth $1,011,482. 12.77% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of OS. Advisory Services Network LLC bought a new stake in shares of OneStream in the 3rd quarter valued at approximately $27,000. Rhumbline Advisers acquired a new position in OneStream in the first quarter worth $35,000. Advisors Asset Management Inc. increased its stake in OneStream by 68.3% during the second quarter. Advisors Asset Management Inc. now owns 1,442 shares of the company’s stock valued at $41,000 after purchasing an additional 585 shares during the last quarter. First Horizon Advisors Inc. raised its holdings in shares of OneStream by 44.9% during the second quarter. First Horizon Advisors Inc. now owns 1,610 shares of the company’s stock worth $46,000 after purchasing an additional 499 shares during the period. Finally, KBC Group NV acquired a new stake in shares of OneStream during the second quarter worth $58,000.

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.