Onestream, Inc. Class A (OS) AI Stock Analysis

• Market Cap: $5.29B
• Dividend Yield: N/A
• Average Volume (3M): 2.09M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.28
• Revenue Growth: 24.19%
• EPS Growth: 58.84%
• Country: US
• Employees: 1,500
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.08
• Shares Outstanding: 90,268,490
• 10 Day Avg. Volume: 3,393,701
• 30 Day Avg. Volume: 2,091,476
• PEG Ratio: -0.49
• Price to Book (P/B): 12.82
• Price to Sales (P/S): 10.12
• P/FCF Ratio: 84.61
• Enterprise Value/Market Cap: 0.55
• Enterprise Value/Revenue: 5.07
• Enterprise Value/Gross Profit: 7.47
• Enterprise Value/Ebitda: -22.82
• 1Y Price Target: $30.11
• Price Target Upside: 38.88% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: $24.00 ▲(10.70% Upside)

Onestream, Inc. shows promising growth in subscription and international revenues, bolstered by strong demand for AI solutions. However, profitability challenges and a negative P/E ratio weigh on the valuation. Technical indicators suggest short-term bullish momentum, but caution is advised due to potential overbought conditions. The positive sentiment from the earnings call supports a moderately favorable outlook.

Positive Factors

Revenue Growth

The substantial growth in subscription revenue reflects strong demand for Onestream's core offerings, indicating a robust and expanding customer base that supports long-term revenue stability.

International Expansion

The significant increase in international revenue demonstrates successful global market penetration, enhancing Onestream's competitive position and diversifying its revenue streams.

AI Solutions Demand

The surge in AI bookings highlights strong market demand for innovative AI-driven solutions, positioning Onestream as a leader in integrating advanced technologies into financial management.

Negative Factors

Profitability Challenges

Persistent negative margins indicate ongoing struggles with cost management and operational efficiency, which could hinder long-term profitability and financial health.

Decline in License Revenue

The sharp decline in license revenue suggests challenges in maintaining traditional revenue streams, potentially impacting overall revenue diversification and stability.

Challenges in U.S. Federal Business

Difficulties in the U.S. Federal sector may limit growth opportunities in a significant market segment, affecting future revenue potential and strategic positioning.

Onestream, Inc. Class A Business Overview & Revenue Model

Company Description

OneStream, Inc. delivers a unified, AI-enabled, and extensible software platform in the United States and internationally. The company's Digital Finance Cloud platform provides solutions that include financial close and consolidation that streamlines financial processes with capabilities to automate tasks and manage the complexity and standards of financial reporting and consolidation; financial and operational planning and analysis that enables financial and operational planning, budgeting, forecasting, and results analysis for individual business functions and the synchronization of plans across the entire organization; and financial and operational reporting that provides end-to-end visibility of analytics and key metrics to various stakeholders, including executives, finance professionals, line-of-business leaders, and other business partners. Its customers include enterprises, mid-market organizations, and government entities. OneStream, Inc. was founded in 2012 and is headquartered in Birmingham, Michigan.

How the Company Makes Money

Onestream generates revenue through a subscription-based model for its software solutions, which includes licensing fees for its Financial Close and Reporting Software. The company offers tiered subscription plans that cater to the needs of different business sizes and requirements, allowing for scalability. Additionally, Onestream earns revenue from professional services such as implementation, training, and ongoing support, which are often bundled with the software subscription. Key partnerships with major cloud service providers and integration with other enterprise resource planning (ERP) systems further enhance its offerings and attract a broader customer base, contributing to its overall earnings.

Onestream, Inc. Class A Financial Statement Overview

Summary

Onestream, Inc. is experiencing revenue growth and maintains a strong gross profit margin, but faces profitability challenges with negative net income and EBIT margins. The balance sheet is robust with low leverage, though returns on equity are negative. Cash flow generation is improving, but the company needs to enhance operational efficiency to achieve sustainable profitability.

Income Statement

Onestream, Inc. has shown a positive revenue growth rate of 4.61% in the TTM, indicating a steady increase in sales. However, the company is facing challenges with profitability, as evidenced by negative net profit and EBIT margins. The gross profit margin remains strong at 67.91%, suggesting efficient production processes, but the negative EBIT and EBITDA margins highlight operational inefficiencies.

Balance Sheet

The balance sheet reflects a solid equity position with a low debt-to-equity ratio of 0.037, indicating low financial leverage and reduced risk of insolvency. However, the return on equity is negative, suggesting that the company is not generating sufficient returns on shareholders' investments. The equity ratio of 49.72% shows a healthy proportion of equity financing relative to total assets.

Cash Flow

The cash flow statement shows a positive trend with a free cash flow growth rate of 3.85% in the TTM, indicating improved cash generation capabilities. The operating cash flow to net income ratio of 0.26 suggests that the company is generating cash from its operations, although the free cash flow to net income ratio is close to 1, indicating limited cash buffer.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022
Income Statement
Total Revenue	570.68M	489.41M	374.92M	279.32M
Gross Profit	387.53M	310.08M	260.42M	186.81M
EBITDA	-126.81M	-301.13M	-27.63M	-56.60M
Net Income	-82.75M	-216.20M	-28.93M	-65.47M
Balance Sheet
Total Assets	949.45M	823.22M	361.56M	320.01M
Cash, Cash Equivalents and Short-Term Investments	653.85M	544.17M	117.09M	100.84M
Total Debt	17.70M	18.59M	20.03M	18.91M
Total Liabilities	386.58M	332.26M	255.03M	192.88M
Stockholders Equity	472.10M	386.17M	106.53M	-145.65M
Cash Flow
Free Cash Flow	94.68M	58.53M	18.68M	-37.92M
Operating Cash Flow	96.04M	61.15M	21.27M	-32.94M
Investing Cash Flow	-5.07M	-10.21M	84.75M	34.88M
Financing Cash Flow	67.69M	376.45M	-3.85M	1.48M

Onestream, Inc. Class A Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 21.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For OS, the sentiment is Positive. The current price of 21.68 is above the 20-day moving average (MA) of 19.70, above the 50-day MA of 19.15, and below the 200-day MA of 22.86, indicating a neutral trend. The MACD of 0.97 indicates Negative momentum. The RSI at 59.01 is Neutral, neither overbought nor oversold. The STOCH value of 64.52 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OS.

Onestream, Inc. Class A Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IDCC	79 Outperform	$8.97B	23.50	54.52%	0.67%	28.75%	85.06%
CRUS	78 Outperform	$6.09B	16.95	19.12%	―	2.19%	19.22%
MKSI	74 Outperform	$9.59B	34.71	11.12%	0.64%	8.13%	780.20%
QTWO	70 Outperform	$4.53B	149.57	5.68%	―	13.93%	―
ITRI	69 Neutral	$4.51B	17.71	16.93%	―	0.14%	14.12%
OS	63 Neutral	$5.29B	―	-20.63%	―	24.19%	58.84%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Onestream, Inc. Class A Corporate Events

Onestream, Inc. Class A Reports Strong Earnings Call

The recent earnings call for Onestream, Inc. Class A painted a largely positive picture, with strong growth in subscription and international revenues, and a significant surge in demand for AI solutions. The company celebrated successful customer wins, particularly in Europe and with major enterprises, although it faced challenges in the U.S. Federal sector and reported a notable decline in license revenue. Overall, the sentiment was optimistic, with growth metrics overshadowing the hurdles.

OneStream, Inc. Reports Strong Q3 2025 Growth

OneStream, Inc. is a leading enterprise finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions, including financial close, consolidation, reporting, planning, and forecasting.

Onestream Expands Board, Appoints New Director

On October 3, 2025, OneStream, Inc. expanded its Board of Directors from eight to nine members, appointing Baskar Sridharan as a Class I director with a term until the 2028 annual meeting. This move, recommended by the Compensation, Nominating and Governance Committee, does not involve any related party transactions or family ties with current directors or executives, and Dr. Sridharan will be compensated according to the company’s outside director policy.

The most recent analyst rating on (OS) stock is a Hold with a $21.50 price target. To see the full list of analyst forecasts on Onestream, Inc. Class A stock, see the OS Stock Forecast page.

OneStream’s Earnings Call: Strong Growth Amid Challenges

The recent earnings call for OneStream, Inc. Class A was marked by a generally positive sentiment, reflecting strong revenue growth, improvements in free cash flow, and significant advancements in AI technology adoption. Despite these positive developments, the company acknowledged challenges in the U.S. federal public sector that could affect future revenue. Overall, the positive aspects of the earnings call seemed to outweigh the negatives.

OneStream, Inc. Reports Strong Q2 2025 Financial Results

OneStream, Inc. is a leading enterprise finance management platform that modernizes the Office of the CFO by unifying core finance and operational functions such as financial close, consolidation, reporting, planning, and forecasting. The company operates within the finance technology sector and is known for its innovative use of AI to enhance decision-making processes.