Robert W. Baird Issues Positive Forecast for Onestream (NASDAQ:OS) Stock Price

Onestream (NASDAQ:OS) had its price target increased by research analysts at Robert W. Baird from $35.00 to $38.00 in a research report issued on Friday,Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Robert W. Baird’s target price suggests a potential upside of 17.50% from the stock’s previous close.

OS has been the subject of a number of other research reports. BTIG Research began coverage on shares of Onestream in a research note on Monday, August 19th. They set a “buy” rating and a $37.00 price target for the company. BMO Capital Markets assumed coverage on shares of Onestream in a report on Monday, September 23rd. They issued an “outperform” rating and a $38.00 target price on the stock. Wolfe Research assumed coverage on Onestream in a research note on Monday, August 19th. They set an “outperform” rating and a $32.00 price target for the company. Truist Financial reissued a “buy” rating and issued a $37.00 price objective (up from $35.00) on shares of Onestream in a research note on Wednesday, September 4th. Finally, Citigroup assumed coverage on Onestream in a research report on Monday, August 19th. They set a “neutral” rating and a $34.00 target price on the stock. 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’s stock. According to MarketBeat.com, Onestream presently has an average rating of “Moderate Buy” and a consensus target price of $35.00.

Onestream Stock Performance

NASDAQ:OS traded down $1.09 on Friday, hitting $32.34. The stock had a trading volume of 1,688,117 shares, compared to its average volume of 617,432. Onestream has a 52 week low of $24.50 and a 52 week high of $35.17. The company’s fifty day moving average price is $30.81.

Institutional Trading of Onestream

Large investors have recently bought and sold shares of the company. TimesSquare Capital Management LLC bought a new stake in shares of Onestream in the third quarter valued at approximately $67,746,000. Primecap Management Co. CA purchased a new position in Onestream in the 3rd quarter valued at approximately $9,017,000. Seven Grand Managers LLC bought a new stake in Onestream during the 3rd quarter valued at $6,780,000. King Luther Capital Management Corp purchased a new stake in shares of Onestream during the third quarter worth $3,051,000. Finally, Dakota Wealth Management bought a new position in shares of Onestream in the third quarter worth $2,412,000.

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.