Wall Street Analysts See a 35.02% Upside in Ouster (OUST): Can the Stock Really Move This High?

Group 1 - Ouster, Inc. (OUST) has seen a 21.1% increase in stock price over the past four weeks, with a mean price target of $12.30 indicating a potential upside of 35$10 to a high of $17, with a standard deviation of$2.86, suggesting variability in estimates [2] - Analysts show strong agreement on OUST's ability to report better earnings than previously predicted, which supports the potential for stock upside [4][9] Group 2 - The Zacks Consensus Estimate for OUST's current year earnings has increased by 8.3% over the last 30 days, with no negative revisions [10] - OUST holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [11] - While consensus price targets may not be reliable for predicting exact stock gains, they can indicate the direction of price movement [11]