OneStream (OS) Soars 20% on Strong Q3, Bullish Rating

We precocious published 10 Stocks Soaring Past Expectations. OneStream, Inc. (NASDAQ:OS) is 1 of the large names that led past week’s charge.

OneStream saw its stock prices leap by 20.38 percent week-on-week arsenic investors took bosom from a stellar net show and a bullish expert sum for its stock.

In an updated study precocious past week, OneStream, Inc. (NASDAQ:OS) said it trimmed its attributable nett nonaccomplishment successful the 3rd 4th of the twelvemonth by 95 percent to $8.85 cardinal from the $171.94 cardinal successful the aforesaid play past year. Revenues accrued by 19 percent to $154 cardinal from $129 cardinal year-on-year, with a beardown planetary business—particularly owed to beardown bequest replacement momentum successful Europe—contributing 34 percent of the total.

Following the results, OneStream, Inc. (NASDAQ:OS) raised its gross maturation outlook for the full-year play to a scope of $594 cardinal to $596 cardinal from $586 cardinal to $590 cardinal expected earlier.

Image by MayoFi from Pixabay

Net income per stock (EPS) is pegged astatine $0.15 to $0.19, higher than the $0.07 to $0.15 antecedently expected.

For the 4th fourth alone, OneStream, Inc. (NASDAQ:OS) targets revenues betwixt $156 cardinal and $158 cardinal and EPS of $0.04 to $0.07.

In different developments, the institution precocious earned a “buy” proposal and a terms people of $38 from Needham & Company, marking a 67 percent upside imaginable from its latest closing price.

While we admit the imaginable of OS arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.