Ouster Stock Plunges: What's Going On?
Ouster Inc. (NASDAQ: OUST) shares are falling Thursday, appearing to give back gains from its earnings beat and a round of analyst upgrades.
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Ouster (NASDAQ:OUST) reported second-quarter financial results on Thursday. The transcript from the company's second-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs.
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Ouster Inc. (NASDAQ: OUST) shares are falling Thursday, appearing to give back gains from its earnings beat and a round of analyst upgrades.
Cantor Fitzgerald upgraded Ouster, Inc. from Neutral to Overweight and established a price target of $45 per share.
Ouster, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting $59 million in revenue and over 27,000 sensor shipments.
Filed: 2026-11-03 AccNo: 0001628280-26-069487 Size: 495 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
Stereolabs, a subsidiary of Ouster, Inc., has introduced the ZED Box 2 Series, a new generation of industrial edge AI computers designed for autonomous mobile robots and spatial AI applications.