Is Ouster, Inc. (OUST) The Best Hardware Stock To Buy?

Ouster, Inc. (NASDAQ:OUST) is among the best hardware stocks to buy according to analysts. As reported by TheFly on December 8, Ouster, Inc. (NASDAQ:OUST) is one of the companies well-positioned to benefit from the potential deployment of autonomous delivery robots and humanoids, according to Andres Sheppard of Cantor Fitzgerald.

This follows Trump’s approval of U.S. manufacturing of low-cost “tiny cars,” expected to include both ICE and EV models, priced between $8,000 and $13,000. The production will comply with DOT safety testing and guidance, the analyst added. Sheppard noted that the administration plans to accelerate the local robotics sector through an executive order. In his early-November update, Sheppard had reiterated a Buy rating with a price target of $33, up from $30 earlier.

Earlier, on December 4, Oppenheimer reaffirmed an ‘Outperform’ rating on Ouster, Inc. (NASDAQ:OUST), with an unchanged price target of $39, implying over 50% upside. This bullish outlook followed the firm’s meeting with management, featuring CFO Ken Gianella and SVP of Strategic Finance & Treasurer Chen Geng.

According to the firm, Ouster, Inc. (NASDAQ:OUST) is equipped with sensor fusion capabilities that are “underappreciated” for their contribution to customer retention. The existing offerings can support the company’s anticipated 30-50% revenue growth in 2026 as it initiates its L4 rollout, the firm highlighted. As the Physical AI solutions continue to progress, the company’s position is described as a “critical technology partner and a definitive leader in perception.”

Ouster, Inc. (NASDAQ:OUST) is a California-based provider of lidar sensors for a diverse range of industries, including automotive, industrial, robotics, and smart infrastructure. With a commitment to building a more sustainable future, the company offers Ouster Sensor and Digital Flash.

While we acknowledge the potential of OUST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None.