Ouster Enters $100M Sales Agreement with Oppenheimer

Ouster ( (OUST) ) just unveiled an announcement.

On May 12, 2025, Ouster, Inc. entered into an At Market Issuance Sales Agreement with Oppenheimer & Co. Inc., allowing the company to offer and sell shares of its common stock up to $100 million. The agreement includes provisions for the agent to sell shares based on Ouster’s instructions and offers the agent a 2% commission on gross proceeds from sales. The company intends to use the proceeds for general corporate purposes, including working capital.

The most recent analyst rating on (OUST) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Ouster stock, see the OUST Stock Forecast page.

Spark’s Take on OUST Stock

According to Spark, TipRanks’ AI Analyst, OUST is a Neutral.

Ouster’s strong revenue growth and strategic advancements are tempered by ongoing profitability challenges and high operating expenses. Technical indicators suggest positive momentum, but valuation concerns and economic uncertainties present risks. Improvements in operational efficiency and cash flow are crucial for enhancing the stock’s outlook.

To see Spark’s full report on OUST stock, click here.

More about Ouster

Average Trading Volume: 1,261,970

Technical Sentiment Signal: Buy

Current Market Cap: $571.3M

See more data about OUST stock on TipRanks’ Stock Analysis page.