Ouster Q2: Why The Selloff Doesn't Add Up And Why $23 Per Share Remains A Target

DNY59 Ouster, Inc. (NYSE:OUST) has delivered record results for yet another record quarter. The company stands out among smoldering ruins of broken promises and poor deliveries made by other Lidar companies, but sometimes, the predictability of logic does not work. Despite the fantastic results in the background of the other mediocre outcomes, Ouster was sold quoting weak guidance. I will explain the root cause and review it. Before I delve into the details, I want to start by stating that my recommendation ...