Onestream, Inc. Class A (OS)
NASDAQ:OS
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Onestream, Inc. Class A
(NASDAQ:OS)
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Rating:69Neutral
Price Target:
$26.00
▲(8.33% Upside)
Action:ReiteratedDate:04/01/26
The score is driven primarily by solid financial quality (low leverage and strong positive free cash flow) and a highly consequential corporate event (completed $24/share go-private deal and delisting). Offsetting factors include continued net losses (negative P/E) and overbought technical signals that temper momentum.
Positive Factors
Conservative balance sheet
Extremely low leverage and a sharply larger equity base provide durable financial flexibility. This cushion supports multi-year investments in product, R&D, and international expansion, and reduces insolvency risk during cyclical slowdowns — strengthening long-term resilience.
Negative Factors
Ongoing GAAP losses
Persistent GAAP losses and negative returns mean profitability quality is unfinished. Continued losses constrain retained earnings and could limit capital allocation choices for dividends or buybacks, and require management to sustain cash discipline while executing growth plans.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Extremely low leverage and a sharply larger equity base provide durable financial flexibility. This cushion supports multi-year investments in product, R&D, and international expansion, and reduces insolvency risk during cyclical slowdowns — strengthening long-term resilience.
Read all positive factors
Onestream, Inc. Class A (OS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$6.04B
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)1.30
Revenue Growth24.19%
EPS Growth58.84%
CountryUS
Employees1,500
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.12
Shares Outstanding99,803,650
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.86
Price to Book (P/B)6.63
Price to Sales (P/S)5.56
P/FCF Ratio35.00
Enterprise Value/Market Cap0.86
Enterprise Value/Revenue8.67
Enterprise Value/Gross Profit12.63
Enterprise Value/Ebitda-67.53
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.31
Revenue Forecast (FY)$710.76M
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 streamli...
How the Company Makes Money
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Onestream, Inc. Class A Earnings Call Summary
Earnings Call Date:Nov 06, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:May 07, 2026
Earnings Call Sentiment Positive
The earnings call highlighted strong growth in subscription and international revenues, significant demand for AI solutions, and successful customer wins, particularly in Europe and with major enterprises. However, challenges were noted in the U.S. Federal sector and a significant decline in license revenue was reported. The sentiment is largely positive due to the strong growth metrics outweighing the challenges.Positive Updates
Strong Subscription Revenue Growth
Subscription revenue increased 27% year-over-year to $141 million, demonstrating strong performance in recurring revenue streams.
Negative Updates
Decline in License Revenue
License revenue of $4 million declined 64% compared with last year, primarily due to contract rationalization and SaaS conversions.
Read all updates
Q3-2025 Updates
Positive
Negative
Strong Subscription Revenue Growth
Subscription revenue increased 27% year-over-year to $141 million, demonstrating strong performance in recurring revenue streams.
Read all positive updates
Company Guidance
During OneStream's third-quarter earnings call for fiscal year 2025, management provided robust guidance, reflecting strong business performance and strategic momentum. Subscription revenue grew 27% year-over-year to $141 million, with total revenue hitting $154 million, a 19% increase. International revenue surged by 37%, and billings rose 20% to $178 million. The company ended the quarter with 1,739 customers, marking a 13% increase. Notably, SensibleAI Forecast bookings grew 60%, showcasing the strength of their AI offerings. For the fourth quarter, OneStream projected total revenue between $156 million to $158 million, with a non-GAAP operating margin of 4% to 6%. For the full year 2025, revenue was expected between $594 million to $596 million, with non-GAAP net income per share forecasted between $0.15 to $0.19. Looking ahead to 2026, the company expressed confidence in meeting Wall Street consensus for revenue and operating income, driven by a strong pipeline and innovative product portfolio.Onestream, Inc. Class A Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 601.93M | 489.41M | 374.92M | 279.32M |
| Gross Profit | 413.29M | 310.08M | 260.42M | 186.81M |
| EBITDA | -61.63M | -301.13M | -27.63M | -56.60M |
| Net Income | -50.30M | -216.20M | -28.93M | -65.47M |
Balance Sheet | ||||
| Total Assets | 1.03B | 823.22M | 361.56M | 320.01M |
| Cash, Cash Equivalents and Short-Term Investments | 693.58M | 544.17M | 117.09M | 100.84M |
| Total Debt | 14.80M | 18.59M | 20.03M | 18.91M |
| Total Liabilities | 426.10M | 332.26M | 255.03M | 192.88M |
| Stockholders Equity | 504.71M | 386.17M | 106.53M | 127.14M |
Cash Flow | ||||
| Free Cash Flow | 95.63M | 58.53M | 18.68M | -37.92M |
| Operating Cash Flow | 96.67M | 61.15M | 21.27M | -32.94M |
| Investing Cash Flow | -4.99M | -10.21M | 84.75M | 34.88M |
| Financing Cash Flow | 57.58M | 376.45M | -3.85M | 1.48M |
Onestream, Inc. Class A Technical Analysis
Positive
24.00
Price Trends
23.65
Positive
22.06
Positive
21.76
Positive
Market Momentum
0.15
Negative
72.03
Negative
89.58
Negative
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 24 is above the 20-day moving average (MA) of 23.78, above the 50-day MA of 23.65, and above the 200-day MA of 21.76, indicating a bullish trend. The MACD of 0.15 indicates Negative momentum. The RSI at 72.03 is Negative, neither overbought nor oversold. The STOCH value of 89.58 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for OS.
Onestream, Inc. Class A Risk Analysis
Onestream, Inc. Class A disclosed 70 risk factors in its most recent earnings report. Onestream, Inc. Class A reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
The pendency of the Mergers could have an adverse effect on our business, operating results and financial condition, and the failure to complete the Mergers in a timely manner or at all could adversely affect our business, operating results, financial condition and the price of our Class A common stock. Q4, 2025
2.
While the Mergers are pending, we are subject to contractual restrictions that could impair our ability to make decisions, including by impairing our ability to respond to business and competitive pressures. Q4, 2025
3.
Litigation in connection with the Mergers could be costly, prevent consummation of the Mergers, divert management's attention and otherwise harm our business Q4, 2025
Onestream, Inc. Class A Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $6.72B | 27.21 | 77.38% | 2.11% | 17.83% | 118.70% | |
71 Outperform | $7.15B | -168.64 | -2.19% | ― | 50.91% | 54812.50% | |
69 Neutral | $6.04B | -66.55 | -10.89% | ― | 24.19% | 58.84% | |
67 Neutral | $3.01B | 86.24 | 8.62% | ― | 13.93% | ― | |
63 Neutral | $3.77B | -533.32 | -0.63% | ― | 11.63% | 50.72% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
57 Neutral | $3.48B | 77.74 | 31.15% | ― | 22.02% | -55.25% |
* Technology Sector Average
OS
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Onestream, Inc. Class A Corporate Events
Business Operations and StrategyDelistings and Listing ChangesM&A TransactionsPrivate Placements and FinancingRegulatory Filings and Compliance
OneStream Completes Go-Private Acquisition and Nasdaq Delisting
Positive
Apr 1, 2026
On the closing date of its go-private transaction, OneStream, Inc. Class A entered into a new credit agreement providing a $1.4 billion seven-year senior secured term loan, a $250 million seven-year revolving credit facility and a $600 million del...
Delistings and Listing ChangesM&A Transactions
Hg to Take OneStream Private in $6.4B Deal
Positive
Jan 6, 2026
On January 6, 2026, OneStream entered into a definitive agreement and plan of merger under which entities affiliated with private equity firm Hg will acquire OneStream in an all-cash deal valuing the company at about $6.4 billion. Under the terms,...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.