Core Viewpoint - Onestream (OS) shares have increased by 28.3% in the past four weeks, closing at $22.74, with a potential upside of 25.9% based on Wall Street analysts' mean price target of $28.63 [1] Price Targets and Analyst Estimates - The mean estimate consists of 19 short-term price targets with a standard deviation of $3.98, indicating variability among analysts; the lowest estimate is $22.00 (3.3% decline), while the highest is $38.00 (67.1% increase) [2] - Analysts' price targets can often mislead investors, as empirical research shows they rarely indicate actual stock price movements [7] - A low standard deviation in price targets suggests a high degree of agreement among analysts regarding the stock's price direction, which can serve as a starting point for further research [9] Earnings Estimates and Analyst Sentiment - Analysts have shown increasing optimism about OS's earnings prospects, with a strong consensus in revising EPS estimates higher, which correlates with potential stock price increases [11] - Over the last 30 days, two earnings estimates for the current year have been revised upward, leading to a 12.2% increase in the Zacks Consensus Estimate [12] - OS holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate factors, indicating strong potential for near-term upside [13] Conclusion on Price Movement - While consensus price targets may not reliably indicate the extent of potential gains for OS, the implied direction of price movement appears to be a useful guide [14]
Does Onestream (OS) Have the Potential to Rally 25.9% as Wall Street Analysts Expect?