Why Is OUSTER INC A (OUST) Stock Up Today?

Ouster Inc. shares surged 15.73% to close at $33.54, driven by a strong third quarter earnings report that exceeded expectations. The move was further supported by a wave of positive analyst actions, including upgrades and raised price targets from major investment banks.

What Happened

Ouster reported third quarter revenue of $59 million, surpassing the estimated $56.3 million, while posting an adjusted loss per share of $0.20, better than the expected $0.24. The company highlighted a 50% year-over-year revenue jump and record shipment volumes. Management also noted a cash balance exceeding $400 million.

Following the results, Cantor Fitzgerald upgraded the stock to Overweight from Neutral, citing a better entry point, and set a price target of $45. Roth Capital raised its price target from $50 to $75. Oppenheimer reiterated its rating, highlighting the company's AI capabilities. Amerx upgraded the stock to Buy but lowered its price target to $52.5.

What The Data Shows

The stock has gained 12.9% over the last eight sessions, moving from $29.71 to $33.54. Ouster currently has a market capitalization of $2.0 billion and remains unprofitable with a trailing twelve months EPS of $0.87. Revenue growth stands at 62.8% on a trailing twelve months basis, while the net margin is negative 26.0%. The stock carries a high beta of 3.49 and trades within a 52-week range of $16.40 to $63.79.

Recent insider activity shows no buys and eight sells totaling $5.4 million over the last 90 days. The most recent Form 4 filings from September 14, 2026, indicate that CEO Charles Angus Pacala, COO Darien Spencer, and Chief Revenue Officer Cyrille Jacquemet all sold shares. On the 52-week tape, the stock printed eight fresh highs and 14 fresh lows on November 4, 2026.

What To Watch

Investors will monitor the company's progress toward profitability and the continued ramp of its Rev8 product line. Analysts will likely adjust their models based on the company's guidance for fourth quarter revenue, which was indicated to be approximately $61 million.