OneStream Inc. (NASDAQ:OS) is one of the best IPO stocks to buy according to Wall Street analysts. On August 8, Baird lowered the firm’s price target on OneStream to $26 from $28, while keeping an Outperform rating on the shares. The firm updated its model following Q2 2025 results, which showed steady performance.
OneStream’s total revenue grew by 26% year-over-year in Q2, propelled by a 30% increase in subscription revenue. The international business expanded by 34% and contributed 33% to the total revenue. The total revenue came out to be $147.59 million. OneStream also saw a remarkable 281% increase in its free cash flow compared to the previous year.
A CEO and a software engineer discussing a new project on a laptop at a modern office space.
The company introduced new AI innovations, including Sensible AI Studio and Sensible AI Agents, which have been well-received by customers. However, license revenue declined by $900K year-over-year, which the company attributed to the successful conversion of customers to SaaS.
OneStream Inc. delivers a unified, AI-enabled, and extensible software platform in the US and internationally.
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This article is originally published at Insider Monkey.
