OneStream Inc. (NASDAQ: OS) Now -10.69% Off Its High ($32.49), Does Analysts See Headwinds And Risks?

OneStream Inc. (NASDAQ:OS) currently has a daily average trading volume of 918.85K but it saw 782653 shares traded in last market. With a market cap of 6.80B USD, the company’s current market price of $29.02 came falling about -1.86 while comparing to the previous closing price of $29.57. In past 52 weeks, the stock remained buoying in the range of price level as high as $32.49 and as low as $24.50. In the recent trading on the day, stock has struck highest price mark of $28.72 while lowest mark touched by it was $30.315.

Taking a look at 20-day trading activity of OneStream Inc. (OS) gives us an average price of $29.10, while its current price level is -10.69% below from 52-week high level whereas it is 18.45% above from lowest level seen by the stock during that period. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.75% during that period while stretching the period over a month that decreases to 4.41%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 51.62 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Wolfe Research which initiated the stock as “Outperform” in its note to investors issued on August 19, 2024, recommending a price target of $32 for it. TD Cowen also issued its recommendations for the stock as it initiated the price target for the stock is $34.

Over the week, OS’s stock price is moving -1.79% down while it is 6.46% when we observe its performance for the past one month. Year-to-date it is 8.08% up and over the past year.

The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of -0.01 while estimate for next year EPS is -0.02. In next quarter, company is expected to be making quarterly sales of $117.5M as analysts are expecting the sales for current fiscal year at $478.49M and seeing the company making $578.41M in sales next year. Moreover, analysts are in estimates of $110.29M for current-quarter revenue.

Currently, OneStream Inc.’s total number of outstanding shares is 24.50M.