Intel stock spikes after report of possible US government stake
Investing.com - Cantor Fitzgerald raised its price target on Ouster Inc. (NASDAQ:OUST) to $30.00 from $19.00 on Tuesday, while maintaining a Neutral rating on the LiDAR company’s stock. The company, currently valued at $1.5 billion, has seen its stock surge nearly 16% in the past week alone, according to InvestingPro data.
The firm views Ouster as fundamentally best-positioned in the LiDAR industry, generating more revenue and better margins than peers, with a healthy gross margin of 42.3% and revenue growth of 26.4% over the last twelve months. Ouster has shipped over 113,000 sensors to date, including 17,300 in fiscal year 2024 and more than 5,500 during the second quarter.
Cantor Fitzgerald noted acceleration in Ouster’s Automotive-related revenue, which became the company’s second-largest vertical in Q2. The firm expects Ouster to continue ramping up deployments to self-driving vehicles and autonomous delivery robots across the United States.
A significant development highlighted in the report is that Ouster’s OS1 became the first high-resolution 3D LiDAR sensor approved by the Department of Defense to advance unmanned aerial systems and commercial drone technologies. Cantor views this as a material differentiator, with management believing competitors are at least one year behind in potentially achieving DoD Certification. InvestingPro analysis shows the company maintains strong financial flexibility with a current ratio of 3.17, though current trading levels suggest the stock is trading above its Fair Value.
Despite these positive factors, Cantor Fitzgerald maintained its Neutral rating following Ouster’s continued stock rally. Shares closed up approximately 8% on Monday and have gained 128% year-to-date, compared to the S&P 500’s 8.8% rise during the same period.
In other recent news, Ouster Inc. reported its second-quarter earnings for 2025, highlighting a notable revenue achievement. The company recorded a revenue of $35.05 million, exceeding the anticipated $33.57 million, resulting in a 4.41% positive surprise. However, Ouster’s earnings per share (EPS) showed a loss of $0.38, which was larger than the expected loss of $0.29, marking a 31.03% negative surprise. Despite the EPS miss, the revenue beat suggests a positive momentum in the company’s financial performance. These developments are part of the recent updates concerning the company. No mergers or acquisitions were reported in the latest announcements. Additionally, there were no recent analyst upgrades or downgrades mentioned in the context provided. Investors and analysts will likely continue to monitor Ouster’s future performance closely.
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