Onestream (NASDAQ:OS) Stock Price Expected to Rise, Needham & Company LLC Analyst Says

Onestream (NASDAQ:OS) had its price objective increased by Needham & Company LLC from $35.00 to $38.00 in a report published on Friday,Benzinga reports. They currently have a buy rating on the stock.

Other equities analysts also recently issued research reports about the company. Baird R W upgraded Onestream to a “strong-buy” rating in a research report on Thursday, August 1st. TD Cowen assumed coverage on Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $34.00 price objective for the company. Citigroup assumed coverage on Onestream in a research report on Monday, August 19th. They issued a “neutral” rating and a $34.00 price objective for the company. Robert W. Baird lifted their price objective on Onestream from $35.00 to $38.00 and gave the company an “outperform” rating in a research report on Friday. Finally, Morgan Stanley started coverage on Onestream in a research report on Monday, August 19th. They issued an “equal weight” rating and a $29.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Onestream presently has an average rating of “Moderate Buy” and an average price target of $35.00.

Onestream Trading Up 6.2 %

Shares of OS stock opened at $34.33 on Friday. The company has a fifty day moving average of $30.88. Onestream has a one year low of $24.50 and a one year high of $35.39.

Institutional Investors Weigh In On Onestream

Institutional investors have recently made changes to their positions in the stock. Renaissance Capital LLC acquired a new stake in shares of Onestream during the third quarter worth $1,032,000. US Bancorp DE acquired a new stake in shares of Onestream during the third quarter worth $569,000. Harbor Capital Advisors Inc. acquired a new stake in shares of Onestream during the third quarter worth $1,417,000. Seven Grand Managers LLC acquired a new stake in shares of Onestream during the third quarter worth $6,780,000. Finally, Dakota Wealth Management acquired a new stake in shares of Onestream during the third quarter worth $2,412,000.

About Onestream

OneStream, Inc develops corporate performance management software solutions primarily to perform financial statement consolidation and planning and budgeting. Its solutions include financial close and consolidation that streamlines financial processes with capabilities designed to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, Finance professionals, line-of-business leaders, and other business partners.