Onestream (NASDAQ:OS) Given New $37.00 Price Target at Piper Sandler

Onestream (NASDAQ:OS) had its target price hoisted by stock analysts at Piper Sandler from $34.00 to $37.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Piper Sandler’s price target suggests a potential upside of 14.41% from the stock’s previous close.

Other research analysts have also issued reports about the company. BMO Capital Markets assumed coverage on Onestream in a report on Monday, September 23rd. They issued an “outperform” rating and a $38.00 price objective on the stock. Bank of America increased their price target on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. TD Cowen started coverage on shares of Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $34.00 price objective on the stock. Morgan Stanley assumed coverage on shares of Onestream in a report on Monday, August 19th. They issued an “equal weight” rating and a $29.00 target price on the stock. Finally, Robert W. Baird upped their target price on Onestream from $35.00 to $38.00 and gave the stock an “outperform” rating in a research note on Friday. Two equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

Onestream Stock Performance

Onestream stock opened at $32.34 on Friday. Onestream has a 12 month low of $24.50 and a 12 month high of $35.17. The company has a 50 day moving average price of $30.81.

Hedge Funds Weigh In On Onestream

Several institutional investors and hedge funds have recently added to or reduced their stakes in OS. First Horizon Advisors Inc. acquired a new stake in shares of Onestream in the third quarter valued at about $27,000. RiverPark Advisors LLC bought a new stake in Onestream in the third quarter valued at approximately $92,000. Precision Wealth Strategies LLC acquired a new stake in Onestream during the 3rd quarter valued at approximately $338,000. Atria Investments Inc bought a new position in Onestream during the 3rd quarter worth approximately $425,000. Finally, US Bancorp DE bought a new position in Onestream during the 3rd quarter worth approximately $569,000.

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.