OUST
Ouster, Inc.

Ouster, Inc.OUST

Technology · Electronic Components
40.25USD
+5.59%
Sep 23, 2026
OUST overview ready
Ouster is a direct supplier of digital lidar sensors and perception software used to provide machine-awareness data for industrial automation, robotics, autonomous vehicles, security, and smart-infrastructure deployments.
Narrative not measured
Physical AI and Autonomous Systems Deployment3D Perception Sensors for Physical AIComponent supplier
No clear price read
Longer-term context reads extended trend, with a near-term setup of daily advance.
Demanding valuation
The price embeds expectations that run ahead of what comparable businesses command.
Fundamentals under pressure
Ev / sales is weak.
Primary risk
High operating losses and negative operating margin.
Market Sep 22Filing Jun 30Price action Sep 22Research Sep 21

Conviction Level

NarrativeHeat—ThemeHeat7.2PriceAction6.9Valuation0.3CompanyPosition9.3
Price
Loading price history…

Price Action

No clear price read
Longer-term context reads extended trend, with a near-term setup of daily advance.
EntryReset + recovery

The stock remains extended from its long-term weekly base, but the recent reset toward the daily SMA100 aligned with support at the weekly EMA21. Daily structure is recovering above the fast averages, improving the current entry location.

Key Financials

Market Cap
$2.9B
Avg Volume (60D)
2.6M
60 sessions
Revenue Growth YoY
+52.5%
FY2025 vs FY2024
Gross Margin
+49.6%
Trailing twelve months
Operating Margin
-30.6%
Trailing twelve months
Free Cash Flow Yield
-2.8%
Distance from 200DMA
+30.8%
Next Earnings
2026-11-03
P/E
N/M
EV / Sales
12.9x
Market metrics as of Sep 22, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Dec 31, 2024

Fundamentals & Valuation

All three valuation perspectives agree this company is expensive.
Ouster, Inc. has an Expensive valuation stance because the price embeds expectations that run ahead of what comparable businesses command.

Company Research

Thesis
Ouster is a direct supplier of digital lidar sensors and perception software used to provide machine-awareness data for industrial automation, robotics, autonomous vehicles, security, and smart-infrastructure deployments. The story is still emerging, so the exposure is real but early.
Opportunity
High opportunity
Adoption of autonomous robots, industrial vehicles, intelligent transportation systems, and other real-world AI systems that require robust three-dimensional sensing and perception hardware to operate safely in variable physical environments.
Key risk
High operating losses and negative operating margin.

Narrative & Theme

Physical AI and Autonomous Systems Deployment
Part of 3D Perception Sensors for Physical AI, with strong fit.
OUST has a specific, revenue-linked role in the emerging physical-AI deployment stack rather than merely generic AI adjacency.
Narrative HeatHeating up7.3 / 10
This reading is no longer current (last measured 2026-08-14). It is kept until the next scheduled measurement replaces it.
Theme HeatHeating up7.2 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Technology · Electronic Components
What they do

Ouster, Inc. designs, manufactures, and sells lidar sensor kits used for 3D perception across automotive, industrial, robotics, and smart infrastructure applications globally.

How it earns

The company generates revenue primarily through transactional sales of its lidar sensor products.

Products & services
Outer Sensor (OS) product line including OSDome, OS0, OS1, OS2
DF series solid-state digital lidar sensors
Customers & end markets
Automotive industry
Industrial automation
Robotics
Smart infrastructure
Market position

Ouster is a small-cap lidar supplier positioned as a challenger in the 3D perception sensor market.

Demand drivers
Medium cyclicality

Demand is influenced by automotive and industrial capital spending cycles and technology adoption rates.