Ouster, Inc (OUST) Stock Forecast & Price Target

Ouster Inc. reported a robust non-GAAP gross margin of 47%, reflecting a 300 basis points improvement year-over-year, driven by enhanced scale and product mix optimization. In the third quarter of fiscal 2025, the company achieved a revenue of $39.5 million, marking a 41% year-over-year growth, while shipments of lidar sensors surged 82% year-over-year to approximately 7,200 units. Additionally, with a solid balance sheet showing $247 million in liquidity, Ouster is well-positioned for continued growth and operational efficiency, particularly in rapidly growing sectors such as smart cities and industrial automation.

Ouster Inc. faces a challenging outlook primarily due to potential delays in the series production of its LiDAR sensors, which could hinder the company's expected revenue ramp. Despite achieving gross margins above the anticipated 35-40% range in the first half of FY25, the EBITDA loss of $10 million remains a concern, especially given increased R&D expenditures. Furthermore, the adverse macroeconomic environment has negatively affected companies like Ouster that went public via SPAC, further complicating the company's growth trajectory.