Needham & Company LLC Increases Onestream (NASDAQ:OS) Price Target to $35.00

Onestream (NASDAQ:OS) had its target price boosted by stock analysts at Needham & Company LLC from $33.00 to $35.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s price objective would indicate a potential upside of 13.78% from the stock’s current price.

Several other equities analysts have also issued reports on OS. Wolfe Research started coverage on Onestream in a report on Monday, August 19th. They set an “outperform” rating and a $32.00 price objective on the stock. Truist Financial assumed coverage on Onestream in a research note on Monday, August 19th. They issued a “buy” rating and a $35.00 price objective for the company. Guggenheim started coverage on shares of Onestream in a research report on Monday, August 19th. They set a “buy” rating and a $34.00 target price on the stock. JPMorgan Chase & Co. began coverage on shares of Onestream in a research note on Monday, August 19th. They set an “overweight” rating and a $30.00 price target for the company. Finally, Raymond James initiated coverage on shares of Onestream in a report on Monday, August 19th. They issued an “outperform” rating and a $32.00 target price for the company. Two analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $33.73.

Onestream Stock Performance

OS stock opened at $30.76 on Wednesday. Onestream has a fifty-two week low of $24.50 and a fifty-two week high of $31.90.

Insider Buying and Selling at Onestream

In related news, President Craig Colby sold 200,502 shares of Onestream stock in a transaction dated Thursday, July 25th. The stock was sold at an average price of $18.85, for a total transaction of $3,779,462.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, President Craig Colby sold 200,502 shares of the firm’s stock in a transaction that occurred on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total transaction of $3,779,462.70. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO William A. Koefoed sold 20,000 shares of the business’s stock in a transaction on Thursday, July 25th. The shares were sold at an average price of $18.85, for a total value of $377,000.00. The disclosure for this sale can be found here. In the last three months, insiders sold 2,775,146 shares of company stock worth $52,311,502.

About Onestream

Our vision is to be the operating system for modern Finance by unifying core financial functions and empowering the CFO to become a critical driver of business strategy and execution. OneStream delivers a unified, AI-enabled and extensible software platform—the Digital Finance Cloud—that modernizes and increases the strategic impact of the Office of the CFO.