Brokerages Set Onestream, Inc. (NASDAQ:OS) Price Target at $34.31

Onestream, Inc. (NASDAQ:OS) has been assigned an average recommendation of “Moderate Buy” from the seventeen research firms that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $34.31.

Several equities research analysts recently weighed in on the stock. Baird R W upgraded shares of Onestream to a “strong-buy” rating in a research note on Thursday, August 1st. Morgan Stanley started coverage on Onestream in a report on Monday, August 19th. They issued an “equal weight” rating and a $29.00 price target on the stock. Bank of America upped their price objective on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Raymond James raised their target price on Onestream from $32.00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, September 4th. Finally, Wolfe Research assumed coverage on shares of Onestream in a research report on Monday, August 19th. They set an “outperform” rating and a $32.00 price target for the company.

Onestream Stock Performance

Onestream stock opened at $31.78 on Friday. Onestream has a 1 year low of $24.50 and a 1 year high of $35.17. The business has a 50-day simple moving average of $30.72.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Precision Wealth Strategies LLC acquired a new position in Onestream during the third quarter worth about $338,000. Atria Investments Inc bought a new position in shares of Onestream during the 3rd quarter valued at about $425,000. US Bancorp DE bought a new stake in shares of Onestream in the 3rd quarter worth approximately $569,000. Portside Wealth Group LLC acquired a new stake in Onestream during the third quarter valued at approximately $593,000. Finally, Renaissance Capital LLC bought a new stake in Onestream during the third quarter worth approximately $1,032,000.

Onestream Company Profile

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.