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How to Buy Ouster Stock

Ouster Inc

Ouster is a electronic component company located in Florida, United States, which is part of the Technology sector, and is traded under the ticker OUST on the NYSE exchange.

Ouster stock last closed at $9.66, up 0.52% from the previous day, and has increased 157.6% in one year. It has overperformed other stocks in the Electronic Components industry by 1.41 percentage points. Ouster stock is currently +163.43% from its 52-week low of $3.67, and -15.26% from its 52-week high of $11.40.

At the moment, there are 40.67M shares of OUST outstanding. The market capitalization of OUST is $392.89M. In the past 24 hours, 764,432 OUST shares were traded.

How to Buy Ouster Stock

Wondering how to invest in Ouster stock? Here's how.
  1. Decide where to buy Ouster stock: You need to pick an online brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you determine where to buy Ouster stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your investment account: Pick your payment method and add your information.
  4. Analyze Ouster stock: The Ouster ticker symbol is OUST. Is Ouster stock a good investment? Should you buy shares of OUST? How do OUST's underlying business fundamentals look? Do top analysts think Ouster is a good buy? Why has OUST's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if OUST is a good stock to buy).
  5. Make your OUST trade: Decide if you will purchase OUST shares at the current market price or use a limit order to buy OUST stock at a specific price.
  6. Keep an eye on your investment in OUST: Create a watchlist to watch your new investment in Ouster shares.

Step 1: Decide where to buy Ouster stock

You will need a brokerage account to access the NYSE market and buy OUST stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've selected the right brokerage, you'll need to fill out some personal information so you are able to invest in OUST today.

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Step 3: Deposit money your investment account

Now that you've created your account on the best stock trading app, you need to deposit funds:

Watch the walkthrough below for more details depositing money into your investment account.

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Step 4: Analyze Ouster stock

Once you have decided on the best place to buy Ouster stock, it's very important to research their stock before you buy, so you actually comprehend the risk and upside.

Ouster stock at a glance

OUST Price
$9.66
1w %
11.42%
1y %
157.6%
5y %
N/A
P/E
-0.96x
P/B
2.19x
P/S
4.3x
PEG
N/A
Revenue
$83.28M
Earnings
-$374.11M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$392.89M
Next Earnings
Jun 21, 2024
Next Dividend
N/A

OUST Due Diligence Checks

WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on OUST's stock page.

Is OUST stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge OUST's true value.

Using relative valuations methods:

  • OUST may be undervalued based on its P/B ratio of 2.19x, relative to Electronic Components industry P/B ratio of 3.63x

You can access additional valuation analysis on OUST's stock here.

A look at OUST Cashflows and Balance Sheet

Pros:

  • OUST has cash burn of 140336000. It has enough cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than long-term liabilities on the OUST balance sheet.
  • There are more short-term assets than short-term liabilities on the OUST balance sheet.

Cons:

  • OUST profit margin has gone down from -337.7% to -449.2% in the past year.
  • OUST has $190.70M in cash and short term investments. This is not enough to cover its annual cash burn of $140.34M.
  • OUST has a relatively high debt to equity ratio of 0.84.

Is OUST stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 4 sell side analysts who monitor OUST, the consensus analyst rating on OUST is a Strong Buy

It's important to note that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Ouster stock forecast page.

OUST Technicals

SMA10
8.51
SMA20
8.2
SMA50
6.95
SMA100
6.59
SMA200
5.85
MACD
0.6
MACD Signal
0.46
MACD Histogram
0.15
RSI
68.44
Stochastic %K
86.35
Stochastic %D
88.43
StochRSI %K
97.87
StochRSI %D
94.75

OUST Performance Numbers

Last year, OUST revenue was $83.28M. In the last four year, OUST's revenue has grown by 64.36% per year. This was faster than the Electronic Components industry average of 6.09%.

Dig into OUST's earnings and revenue performance here.

Are OUST insiders buying or selling the stock?

In the past year, insiders at OUST have bought more shares than they have sold.

Mark Weinswig, Chief Financial Officer of OUST, was the latest OUST insider to sell. They sold $45,380.00 worth of OUST shares on Apr 2, 2024.

Research more about who owns OUST shares here.

Can I rely on OUST as an income stream?

No, Ouster doesn't provide an income stream by paying out dividends.

OUST Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Make your OUST trade

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally sufficient.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, use a limit order.

Click the Open Trade button and your broker will execute your order.

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Step 6: Keep an eye on your investment in OUST

Now that you own some OUST shares, you'll want to keep up with your shares.

Put OUST on a watchlist to track your OUST stock.

OUST Feed

How to Buy Stock in Ouster

To summarize, here are the 6 steps to buy Ouster stock:

  1. Decide where to buy Ouster stock
  2. Create your brokerage account
  3. Deposit money your investment account
  4. Analyze Ouster stock
  5. Make your OUST trade
  6. Keep an eye on your investment in OUST

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your new investment in Ouster, get started below.

NYSE: OUST
$9.66+0.05 (+0.52%)
Updated May 3, 2024
Open eToro Account
NYSE: OUST
$9.66+0.05 (+0.52%)
Updated May 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Ouster share?

As of May 3, 2024, it costs $9.66 to buy one share of Ouster stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $4, you can buy 0.414 shares of OUST.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Ouster stock?

According to 4 Wall Street analysts who monitor Ouster, their consensus recommendation is to buy Ouster stock.

What is the best way to buy Ouster stock?

One way to place an order for Ouster stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.