Strong Buy Recommendation for OneStream, Inc. Amidst Robust Growth and Strategic Market Positioning

Jake Roberge, an analyst from William Blair, has initiated a new Buy rating on Onestream, Inc. Class A (OS).

Jake Roberge’s rating is based on the strong growth potential and strategic positioning of OneStream, Inc. The company is a leader in modernizing financial operations for the office of the CFO, replacing outdated manual processes and legacy enterprise performance management tools. OneStream has demonstrated impressive revenue growth, exceeding 30% in 2024, which highlights its robust market presence.
Additionally, OneStream operates in a large and expanding market, with the digitization of financial operations still in its early stages. The company’s platform is uniquely positioned to benefit from the shift towards cloud-based solutions, especially as end-of-life deadlines for on-premises ERPs approach. OneStream’s high gross renewal and expansion rates further underscore its competitive advantage and potential for sustained growth. Despite trading at a slightly higher valuation compared to peers, its leadership in a burgeoning market supports the Buy rating.

Roberge covers the Technology sector, focusing on stocks such as Workiva, DocuSign, and Vertex. According to TipRanks, Roberge has an average return of -4.0% and a 43.17% success rate on recommended stocks.

In another report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $33.00 price target.