Onestream (NASDAQ:OS) Stock Price Expected to Rise, Morgan Stanley Analyst Says

Onestream (NASDAQ:OS) had its price target hoisted by Morgan Stanley from $35.00 to $37.00 in a note issued to investors on Tuesday,Benzinga reports. The brokerage currently has an “equal weight” rating on the stock. Morgan Stanley’s price objective points to a potential upside of 7.40% from the stock’s current price.

OS has been the topic of a number of other research reports. JPMorgan Chase & Co. began coverage on shares of Onestream in a report on Monday, August 19th. They set an “overweight” rating and a $30.00 price target 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 target price on the stock. Bank of America boosted their price target on Onestream from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Truist Financial reaffirmed a “buy” rating and set a $37.00 price objective (up from $35.00) on shares of Onestream in a research report on Wednesday, September 4th. Finally, Piper Sandler boosted their target price on Onestream from $34.00 to $37.00 and gave the stock an “overweight” rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Onestream currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.50.

Onestream Trading Up 2.8 %

Shares of OS stock opened at $34.45 on Tuesday. Onestream has a one year low of $24.50 and a one year high of $35.39. The company’s 50-day moving average price is $31.03.

Institutional Trading of Onestream

Several hedge funds have recently bought and sold shares of OS. TimesSquare Capital Management LLC bought a new position in shares of Onestream in the third quarter worth approximately $67,746,000. FMR LLC purchased a new position in shares of Onestream during the 3rd quarter valued at $29,381,000. Massachusetts Financial Services Co. MA bought a new position in Onestream in the 3rd quarter worth $26,493,000. Westfield Capital Management Co. LP purchased a new stake in Onestream in the 3rd quarter worth $20,566,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new stake in Onestream during the third quarter valued at about $16,950,000.

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.