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BIRMINGHAM, Mich. - OneStream, Inc. (NASDAQ:OS), a provider of enterprise finance management platforms with a market capitalization of $5.29 billion, has announced its achievement of Federal Risk and Authorization Management Program (FedRAMP) High authorization status, indicating that its government community cloud now meets the federal government’s most stringent security standards for handling sensitive, unclassified data in cloud computing environments. According to InvestingPro data, the company has demonstrated strong revenue growth of 30.54% over the last twelve months, highlighting its expanding market presence.
FedRAMP High is the highest level of authorization within the program, which standardizes security assessment, authorization, and continuous monitoring for cloud services used by U.S. federal agencies. This status allows federal entities to adopt cloud-based solutions with confidence in their security, particularly important for finance teams in the government sector.
Tom Shea, CEO of OneStream, highlighted the importance of this authorization for finance leaders who are navigating complex legacy systems and evolving processes. He stated that the FedRAMP High Authorization positions OneStream as a secure and compliant solution for streamlining operations and enhancing transparency within finance departments.
The announcement comes at a time when public sector finance leaders are facing increased expectations and are prioritizing risk management. OneStream’s platform, which has been FedRAMP authorized since 2018, initially received FedRAMP Moderate authorization and advanced to FedRAMP High in January 2025. The company has also completed System and Organization (SOC) 1 Type II and SOC 2 Type II reports, further demonstrating its commitment to security and compliance. InvestingPro analysis reveals the company maintains strong liquidity with a current ratio of 2.36, indicating robust financial stability. For deeper insights into OneStream’s financial health and growth prospects, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.
OneStream’s platform aims to modernize the Office of the CFO by unifying financial and operational data and embedding artificial intelligence for improved decision-making. The company serves over 1,600 customers, including 17% of the Fortune 500, and collaborates with more than 300 partners. Analyst consensus compiled by InvestingPro shows strong confidence in the company’s future, with price targets ranging from $26 to $40 per share, though the stock currently appears slightly overvalued based on InvestingPro’s Fair Value calculations.
This development is expected to support federal finance leaders in their strategic roles and contribute to more secure and efficient financial management within the public sector. The information in this article is based on a press release statement from OneStream, Inc.
In other recent news, OneStream Inc. reported its fourth-quarter financial results, revealing a 29% increase in revenue to $132.5 million, alongside a 35% rise in subscription revenue to $118.6 million. Despite these gains, the company posted a GAAP operating loss of $47.4 million, compared to a small profit the previous year. This financial performance led to several analysts adjusting their outlooks, with JPMorgan downgrading the stock from Overweight to Neutral and reducing the price target to $26.00. Goldman Sachs also lowered its price target to $36.00 while maintaining a Buy rating, citing the company’s strong customer retention and innovation track record. BMO Capital adjusted its price target to $34.00, noting moderate revenue growth and improved margins, but a less aggressive near-term growth forecast. Raymond James reduced its price target to $32.00, maintaining an Outperform rating, and highlighted the company’s solid growth despite foreign exchange challenges. Stephens initiated coverage with an Overweight rating and a $27.00 price target, recognizing OneStream’s potential for growth through mid-market sales and increased brand awareness.
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