
Ouster, Inc (OUST) Stock Forecast & Price Target
Ouster, Inc (OUST) Analyst Ratings
Bulls say
Ouster Inc. has demonstrated strong revenue growth, with a notable increase in Smart Infrastructure contributions now comprising nearly one-third of total revenues, driven by deployments in smart city traffic and perimeter security. The company projects a revenue growth of approximately 40% in calendar year 2024, with an ongoing target of 30-50%, underscoring its expanding presence in diversified yet substantial markets. Additionally, Ouster's strategic positioning in the lidar sector, particularly in light of potential challenges faced by Chinese competitors, coupled with a robust customer base of over 600 clients and 80 strategic agreements, reinforces a positive outlook for future performance.
Bears say
Ouster Inc. faces several significant challenges that contribute to a negative outlook on its stock. The anticipated labor shortages in the United States due to an aging population, combined with a decline in key customer orders, could hinder sales growth and impact production timelines for the company’s lidar products. Additionally, the overall market volatility, influenced by fluctuating global trade policies and competition within the optical components sector, further elevates the risks associated with Ouster's upcoming fiscal year performance.
This aggregate rating is based on analysts' research of Ouster, Inc and is not a guaranteed prediction by Public.com or investment advice.
Ouster, Inc (OUST) Analyst Forecast & Price Prediction
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