In the latest trading session, Ouster, Inc. (OUST) closed at $20.06, marking a -4.75% move from the previous day. This change lagged the S&P 500's 0.33% loss on the day. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.59%.
The company's stock has dropped by 22.91% in the past month, falling short of the Computer and Technology sector's loss of 1.09% and the S&P 500's loss of 0%.
Investors will be eagerly watching for the performance of Ouster, Inc. in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on March 2, 2026. The company is expected to report EPS of -$0.39, up 18.75% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $40.85 million, up 35.76% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$1.53 per share and revenue of $148 million. These totals would mark changes of +26.44% and +33.21%, respectively, from last year.
Investors should also note any recent changes to analyst estimates for Ouster, Inc. Recent revisions tend to reflect the latest near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Ouster, Inc. presently features a Zacks Rank of #3 (Hold).
The Electronics - Miscellaneous Components industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 38, placing it within the top 16% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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Ouster, Inc. (OUST): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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