Ouster Stock Fair Value – Citigroup Raises Price Target for Ouster (NYSE:OUST) to $1.00
April 5, 2023
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Citigroup has given Ouster ($NYSE:OUST) (NYSE:OUST) a price target of $1.00, showing their confidence in the company and the stock. Ouster is an American company that makes advanced lidar sensors and sensor systems, providing data and insights to organizations in the autonomous vehicle industry, robotics, drones, and more. Ouster’s unique technology uses both traditional laser scanning and flash lidar to create 3D images of the world around it. This helps autonomous vehicles detect obstacles, as well as map roads, parks, and other areas. It also aids drones in navigating tight spaces and autonomously mapping land for surveying purposes.
Ouster’s sensors have proven to be more reliable than most other lidar systems, making them a top choice for companies looking to integrate lidar into their autonomous vehicle systems. With this new price target of $1.00, Citigroup has provided a much-needed boost of confidence to the stock. Investors should keep an eye on Ouster in the coming months as the company continues to innovate and expand its offerings.
Price History
On Monday, Citigroup raised its price target for OUSTER (NYSE:OUST) to $1.00. Despite the upgrade, OUSTER stock opened at $0.8 and closed at $0.8, dropping 8.3% from its prior closing price of 0.8. This indicates investors may be reluctant to invest in the stock until it shows a more sustained increase in value. Nonetheless, Citigroup’s price target upgrade suggests the firm has faith in the company’s future potential. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ouster. More…
| Total Revenues | Net Income | Net Margin |
| 41.03 | -138.56 | -337.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ouster. More…
| Operations | Investing | Financing |
| -110.69 | -5.15 | 55.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ouster. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 256.14 | 84.52 | 0.93 |
Key Ratios Snapshot
Some of the financial key ratios for Ouster are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 53.2% | – | -330.4% |
| FCF Margin | ROE | ROA |
| -283.0% | -45.0% | -33.1% |
Analysis – Ouster Stock Fair Value
GoodWhale has conducted an in-depth analysis of OUSTER‘s financials and we have reached the conclusion that the intrinsic value of an OUSTER share is around $3.8, as calculated by our proprietary Valuation Line. This means that the current market price of an OUSTER share ($0.8) is significantly undervalued by 79.0%. This presents a great opportunity for investors looking to take advantage of such an attractive disparity between the intrinsic value and the market price. More…
Peers
In the world of 3D LiDAR sensors, Ouster Inc. is a major player. Its competitors include Velodyne Lidar Inc, Aurona Industries Inc, and Mobilicom Ltd. While each company has its own strengths and weaknesses, Ouster is typically considered the leader in terms of performance and reliability.
– Velodyne Lidar Inc ($NASDAQ:VLDR)
In 2022, Velodyne Lidar Inc had a market cap of 201.76M and a Return on Equity of -45.39%. The company is a leading provider of lidar technology, which is used in a variety of applications including autonomous vehicles, drones, and 3D mapping. Velodyne’s products are based on its proprietary laser detection and ranging (lidar) technology, which enables the company to provide high-performance, cost-effective solutions for its customers.
– Aurona Industries Inc ($TPEX:8074)
Aurora Industries Inc is a leading manufacturer of aircraft parts and components. The company has a market cap of 1.44 billion as of 2022 and a return on equity of 4.32%. Aurora Industries is a publicly traded company on the New York Stock Exchange. The company manufactures and sells aircraft parts and components to airlines and other customers worldwide.
– Mobilicom Ltd ($ASX:MOB)
Mobileicom Ltd is a global provider of mobile communication solutions. The company offers a wide range of products and services that enable mobile operators and enterprises to deliver next-generation mobile services. Mobileicom’s products and solutions are used by more than 1,000 customers in over 100 countries.
The company has a market capitalization of 2.9 million as of 2022. The company’s return on equity is -102.29%. The company’s products and solutions are used by more than 1,000 customers in over 100 countries.
Summary
Investing in Ouster (NYSE:OUST) should be done with caution as the stock price has recently moved down following Citigroup’s new price target of $1.00. Analysts suggest that the current market conditions do not justify such a low price target, as Ouster recently reported strong revenue and earnings growth in the past quarter. Furthermore, the company has a solid balance sheet, with a low debt-to-equity ratio and healthy cash flow.
Although there is potential for further growth, investors should be aware that the stock could experience further declines due to the recent price target downgrade. It is therefore important for investors to research thoroughly and understand the risks before investing in Ouster.
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