William Blair analyst Jake Roberge has maintained their bullish stance on OS stock, giving a Buy rating on December 1.
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Jake Roberge has given his Buy rating due to a combination of factors including OneStream’s strategic leadership changes and its strong market position. The recent announcement of a CFO transition, with John Kinzer stepping in as interim CFO, is seen as a positive move due to Kinzer’s extensive experience in similar roles at other public software companies. This transition, along with the appointment of Scott Leshinski as president to spearhead an AI-driven approach, is expected to strengthen the company’s operational capabilities.
Furthermore, OneStream is currently trading at a valuation that is lower than its peers, at about 7 times the estimated revenue for 2026, compared to the peer average of 8.6 times. This presents a potential upside as the company’s revenue growth is projected to remain in the high teens, supported by its leadership in a market that is still in the early stages of digitization. As the company’s margin profile improves, it is anticipated to align more closely with its peers, making it an attractive investment opportunity. However, potential risks such as macroeconomic uncertainties and competition are noted.
In another report released on December 1, Rosenblatt Securities also initiated coverage with a Buy rating on the stock with a $26.00 price target.