5 Best Lidar Stocks To Buy Now

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In this article, we discuss 5 of the best LiDAR stocks to buy now. If you want to go through our industry analysis, you can go ahead and see the 10 Best Lidar Stocks To Buy.

5. Ouster, Inc. (NYSE:OUST)

Number of Hedge Fund Holders: 14

Ouster, Inc. (NYSE:OUST) is a San Francisco-based American company specializing in LiDAR technology. The company is known for manufacturing high-resolution, digital 3D LiDAR sensors designed for a wide range of applications, including autonomous vehicles, industrial equipment, robotics, drones, mapping, defense, and security systems.

Ouster, Inc. (NYSE:OUST), in collaboration with May Mobility, a pioneer in autonomous vehicle technology, recently revealed an expansion of their supply agreements. This includes a firm commitment to purchase more than one thousand Ouster OS1 and Alpha PrimeTM VLS-128 LiDAR sensors collectively by 2024. The goal is to meet the growing demand for new AV deployments commencing this year.

As of Q2 2022, 14 of the 910 hedge funds tracked by Insider Monkey held Ouster, Inc. (NYSE:OUST) shares valued at a combined total of $8.51 million.

Follow Ouster Inc.

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