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OS: Citi Cautiously Optimistic on Application Software as US Government Reopening Offsets Uncertain Demand

OneStream Inc. (NASDAQ:OS) is one of the best low priced technology stocks to buy according to analysts. On December 23, Citi analyst Steven Enders lowered the firm’s price target on OneStream to $24 from $25 and kept a Neutral rating on the shares. This decision came as Citi revised its outlook on the application software sector. The firm noted that while demand remains uncertain, the reopening of the US government provides some tailwinds.

Earlier on December 16, BTIG analyst Nick Altmann assumed coverage of OneStream with a Buy rating and $25 price target. While the company’s share price has lagged this year, the firm remains bullish on its 2025 outlook, forecasting growth to exceed 20%. OneStream’s long-term durability is supported by a large market of legacy systems ripe for modernization. BTIG also argued that investor fears regarding AI disintermediation are misplaced in this sector, as the complex functions of the CFO’s office are less vulnerable to AI disruption than other software categories.

On the same day, Mizuho cut the firm’s price target on OneStream Inc. (NASDAQ:OS) to $25 from $30 with an Outperform rating on the shares. In its 2026 outlook, the firm updated its software group targets, identifying AI, data modernization, DevOps, next-gen security, and electronic design automation as the primary growth engines for the sector. The projected low-teens median revenue growth for 2026 appears conservative and beatable, offering an attractive risk-reward profile heading into the new year.

OneStream Inc. (NASDAQ:OS) delivers a unified, AI-enabled, and extensible software platform in the US and internationally.

While we acknowledge the potential of OS to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than OS and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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