Onestream (NASDAQ:OS) Price Target Raised to $38.00 at Needham & Company LLC

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

A number of other equities analysts have also recently issued reports on the company. Robert W. Baird increased their target price on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a report on Friday. TD Cowen began coverage on shares of Onestream in a research report on Monday, August 19th. They issued a “buy” rating and a $34.00 price target on the stock. Truist Financial reaffirmed a “buy” rating and set a $37.00 target price (up previously from $35.00) on shares of Onestream in a research report on Wednesday, September 4th. Loop Capital started coverage on shares of Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $35.00 target price for the company. Finally, BTIG Research started coverage on Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $37.00 price target for the company. Two analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Onestream currently has an average rating of “Moderate Buy” and a consensus price target of $35.00.

Onestream Trading Down 3.3 %

Shares of NASDAQ OS traded down $1.09 during trading on Friday, hitting $32.34. 1,688,117 shares of the company traded hands, compared to its average volume of 617,432. The firm has a fifty day moving average of $30.81. Onestream has a fifty-two week low of $24.50 and a fifty-two week high of $35.17.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Primecap Management Co. CA bought a new stake in Onestream during the third quarter valued at about $9,017,000. King Luther Capital Management Corp purchased a new position in Onestream in the third quarter worth about $3,051,000. First Horizon Advisors Inc. purchased a new position in Onestream in the third quarter worth about $27,000. RiverPark Advisors LLC purchased a new position in Onestream in the third quarter worth about $92,000. Finally, TimesSquare Capital Management LLC purchased a new position in shares of Onestream during the third quarter valued at approximately $67,746,000.

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.