Latest news with #Ouster
Business Wire
6 days ago
- Automotive
- Business Wire
Ouster BlueCity Expanding to Over 100 Intersections in Utah to Improve Roadway Safety and Congestion
SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (Nasdaq: OUST) ('Ouster' or the 'Company'), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life, announced today that Econolite, a trusted leader in intelligent traffic management solutions, was awarded a contract from the Utah Department of Transportation (UDOT) that is anticipated to expand the Ouster BlueCity traffic management solution to over one hundred intersections in Utah. The expansion award follows a real-world assessment of available detection systems, the success of an initial deployment at over a dozen intersections earlier this year, and a five-year contract between Econolite and UDOT to equip street corners with a dynamic lidar-based detection system. Ouster BlueCity integrates seamlessly with UDOT's existing traffic signal system, including Econolite Cobalt® traffic signal controllers and EOS firmware, offering dynamic traffic signal interventions that improve safety for vehicles, cyclists, and pedestrians. Econolite plans to expand the solution to intersections and roadways across Cedar City, Ogden, Orem, and Salt Lake City to start. Ouster Blue City combines 3D digital lidar with perception software for real-time, multimodal traffic signal actuation and analytics, improving safety and efficiency while protecting the community's privacy. Ouster's proprietary deep learning AI perception model has been trained on 4 million labeled objects collected from sites encompassing diverse traffic patterns, intersection designs, and environmental conditions, boosting detection accuracy and safety across hundreds of roadways. Leveraging NVIDIA's high-performance accelerated computing technology, Ouster BlueCity processes vast amounts of 3D lidar data, delivering low-latency object detection, classification, and tracking to improve signal timings and reduce congestion, as well as to support V2X communications and other use-cases such as near-miss detection and wrong-way driving. 'The rapid expansion of Ouster BlueCity across Utah, following its initial deployment this spring, highlights the traffic efficiency and safety benefits of the system,' said Ouster CEO Angus Pacala. 'Ouster BlueCity is already bringing Physical AI to smart cities around the world, with well over 400 booked and deployed sites across the globe. With hundreds of thousands of signalized intersections in the United States alone, its success is just beginning.' 'Econolite is proud to be a long-time UDOT partner in helping modernize Utah's transportation infrastructure,' said Jim Madden, Econolite Vice President of U.S. Sales. 'The situational awareness benefits of combining Ouster BlueCity with Econolite's Cobalt controllers are groundbreaking. Facilitating UDOT's ability to gather real-time insights into traffic flow, road user behavior, and potential safety risks while enabling dynamic traffic signal control is truly transformative. We look forward to continuing this important ITS work with Ouster and UDOT.' Ouster BlueCity is the first lidar traffic solution to be NEMA TS2 certified with Buy America(n) compliant lidar as a detection system for traffic actuation. Ouster's digital lidar is also NDAA compliant. For more information, visit: About Econolite – Part of Umovity Econolite is the North American market leader in intelligent traffic management solutions with over 92 years of experience. Econolite has provided more than 160,000 traffic controllers deployed at over 60,000 intersections. Its leading traffic management software has been installed by more than 500 agencies across North America. Econolite prides itself on being the leading One-Stop-Shop provider of traffic management solutions across its four pillars: Cabinets, Controllers, Systems, and Sensors. With nearly 1,000 employees primarily in North America, Econolite drives innovation in traffic management and safety solutions, including connected and automated vehicles research and development. In June 2022, Bridgepoint acquired a majority stake in Econolite, and together with PTV Group, a dynamic partnership was formed. Since 2023, Econolite and PTV Group are united under the brand Umovity. For more information, visit About Ouster Ouster (Nasdaq: OUST) is a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics, and smart infrastructure sectors. Ouster's technology delivers performance, reliability, and affordability to accelerate the adoption of autonomous systems at scale and drive meaningful improvements in safety, efficiency and sustainability. Ouster is headquartered in San Francisco, CA, with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit contact our sales team, or connect with us on X or LinkedIn. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are based upon current plans, estimates and expectations of management that are subject to various risks and uncertainties that could cause actual results to differ materially from such statements. The inclusion of forward-looking statements should not be regarded as a representation that such plans, estimates and expectations will be achieved. Words such as 'offer,' 'anticipate,' 'bring,' 'expect,' 'facilitate,' 'intend,' 'may,' 'will,' 'should,' 'plan,' 'could,' 'continue,' 'estimate,' 'possible,' 'potential,' 'pursue,' 'likely,' and the negative of these terms and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. All statements, other than statements of historical fact, including statements regarding the capabilities and benefits of Ouster's products, such as Ouster BlueCity, including with respect to traffic efficiency, flow, safety, and improvements, along with integration, and privacy safeguards, as well as anticipated growth and impact of the Econolite award on Ouster's financial results, all constitute forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected, including, but not limited to, risks related to Ouster's ability to respond to evolving regulations and standards; risks related to the adoption of its products; inaccurate forecasts of market growth; and other important risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and updated by the Company's Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2025, and as may be further updated from time to time in the Company's other filings with the SEC. Readers are urged to consider these factors carefully and in the totality of the circumstances when evaluating these forward-looking statements, and not to place undue reliance on any of them. Any such forward-looking statements represent management's reasonable estimates and beliefs as of the date of this press release. While Ouster may elect to update such forward-looking statements at some point in the future, it disclaims any obligation to do so, other than as may be required by law, even if subsequent events cause its views to change.
Yahoo
12-08-2025
- Business
- Yahoo
Ouster, Inc. (OUST) Is Up 17.38% in One Week: What You Should Know
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the "long context," investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Ouster, Inc. (OUST), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Ouster, Inc. currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? Let's discuss some of the components of the Momentum Style Score for OUST that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area. For OUST, shares are up 17.38% over the past week while the Zacks Electronics - Miscellaneous Components industry is up 0.21% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 12.78% compares favorably with the industry's 2.44% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Ouster, Inc. have increased 154.85% over the past quarter, and have gained 155.31% in the last year. In comparison, the S&P 500 has only moved 13.05% and 20.74%, respectively. Investors should also take note of OUST's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now OUST is averaging 3,141,445 shares for the last 20 days.. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with OUST. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. This revision helped boost OUST's consensus estimate, increasing from -$1.74 to -$1.67 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that OUST is a #2 (Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Ouster, Inc. on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ouster, Inc. (OUST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
05-08-2025
- Business
- Yahoo
Ouster, Inc. (OUST): A Bull Case Theory
We came across a bullish thesis on Ouster, Inc. on Citrini Research's Substack by Citrini. In this article, we will summarize the bulls' thesis on OUST. Ouster, Inc.'s share was trading at $23.89 as of August 4th. A group of robotic vehicles navigating a terrain autonomously utilizing the company's 3D vision technology. Citrini Research identifies Ouster (OUST) as a prime example of a company positioned at the intersection of two core principles: investing in megatrends and entering at cyclical inflections. Ouster operates in the fast-growing robotics and automation space, making it a key component of Citrini's recent Humanoid Robots thematic basket. As the largest Western LiDAR provider, Ouster leverages advanced digital technology by integrating LiDAR onto CMOS chips, enabling cost efficiencies and performance advantages. The company has built a diversified strategy across automotive, industrial, robotics, and smart infrastructure, targeting a combined $70 billion market opportunity. Notably, Ouster anticipates that non-automotive applications will eventually outpace automotive adoption, signaling vast untapped growth potential. Ouster expects meaningful volume growth as customers shift from prototyping to commercialization, underlining management's conviction that LiDAR adoption will accelerate over decades rather than years. To capture this opportunity, the company is aiming for 30-50% annual revenue growth with gross margins of 35-40%, supported by a lean cost structure. It has demonstrated strong execution by meeting or exceeding guidance for nine consecutive quarters. Revenue remains well-diversified across all four verticals and is supported by high-profile customers such as John Deere, Komatsu, Motional, and Serve Robotics. With $171 million in cash as of Q1 2025 and a burn of approximately $37 million this year, Ouster appears well-capitalized as it advances toward profitability. The combination of consistent revenue growth, healthy margins, and a multi-decade growth runway positions Ouster as a compelling play on the robotics and automation megatrend. Previously, we covered a bullish thesis on Amphenol Corporation (APH) by TMTMoats in March 2025, which highlighted its diversified exposure, strategic acquisitions, and strong positioning in AI and EV markets. The company's stock price has appreciated by approximately 72.89% since our coverage. This is because the thesis played out with sustained demand and execution. The thesis still stands as long-term trends remain intact. Citrini shares a similar view but emphasizes Ouster's role in the robotics and automation megatrend. Ouster, Inc. is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 16 hedge fund portfolios held OUST at the end of the first quarter which was 15 in the previous quarter. While we acknowledge the potential of OUST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. 登入存取你的投資組合
Business Wire
01-08-2025
- Business
- Business Wire
Ouster Announces Upcoming Investor Events
SAN FRANCISCO--(BUSINESS WIRE)-- Ouster, Inc. (Nasdaq: OUST) ('Ouster' or the 'Company'), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics and smart infrastructure sectors, today announced that Ouster management will participate in the upcoming investor events: Institutional investors interested in a meeting should contact their representative at the host firms, or email Ouster investor relations at investors@ A live webcast of the presentation sessions, where available, will be accessible in the investor relations section of the Company's website at About Ouster Ouster (Nasdaq: OUST) is a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics, and smart infrastructure sectors. Ouster's technology delivers performance, reliability, and affordability to accelerate the adoption of autonomous systems at scale and drive meaningful improvements in safety, efficiency and sustainability. Ouster is headquartered in San Francisco, CA, with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit contact our sales team, or connect with us on X or LinkedIn.
Globe and Mail
01-08-2025
- Automotive
- Globe and Mail
Ouster Announces Upcoming Investor Events
Ouster, Inc. (Nasdaq: OUST) ('Ouster' or the 'Company'), a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics and smart infrastructure sectors, today announced that Ouster management will participate in the upcoming investor events: Event: Oppenheimer 28th Annual Technology, Internet & Communications Conference (Virtual) Date: August 12, 2025 Presentation time: 6:55 a.m. PT / 9:55 a.m. ET Participants: Ken Gianella, CFO, and Chen Geng, SVP, Strategic Finance & Treasurer Event: J.P. Morgan 2025 Auto Conference Date: August 13, 2025 Location: J.P. Morgan Chase New York, 383 Madison Avenue, New York City Participants: Ken Gianella, CFO, and Chen Geng, SVP, Strategic Finance & Treasurer Event: Rosenblatt Age of AI Conference (Virtual) Date: August 18, 2025 Presentation time: 8:00 a.m. PT / 11:00 a.m. ET Participants: Ken Gianella, CFO, and Chen Geng, SVP, Strategic Finance & Treasurer Institutional investors interested in a meeting should contact their representative at the host firms, or email Ouster investor relations at investors@ A live webcast of the presentation sessions, where available, will be accessible in the investor relations section of the Company's website at About Ouster Ouster (Nasdaq: OUST) is a global leader in high-performance lidar sensors and intelligent software solutions that bring Physical AI to life across the automotive, industrial, robotics, and smart infrastructure sectors. Ouster's technology delivers performance, reliability, and affordability to accelerate the adoption of autonomous systems at scale and drive meaningful improvements in safety, efficiency and sustainability. Ouster is headquartered in San Francisco, CA, with offices in the Americas, Europe, and Asia-Pacific. For more information about our products, visit contact our sales team, or connect with us on X or LinkedIn.
