Ouster, Inc. (NASDAQ:OUST) ranks among the best technology growth stocks to buy under $100. On May 29, Roth/MKM began coverage of Ouster, Inc. (NASDAQ:OUST), with a Buy rating and a $75 price target. According to the firm, Ouster, Inc. is well-positioned to outperform the overall sensor industry with superior LiDAR and stereoscopic camera capabilities that allow for an AI-driven computing and software-based perception platform.
Roth/MKM anticipates solid price and revenue growth led by growing physical AI autonomous adoption, propelling the company’s cash flow to breakeven by the close of 2027. The firm believes that the company will expand into a physical AI product vendor capable of adapting its product line to customer requirements.
Meanwhile, on May 27, Rosenblatt boosted its price objective for Ouster, Inc. to $53 from $40 while retaining a Buy rating for the stock. The rise follows Ouster’s statement of a strategic partnership with ARGUS Interception.
In light of the announcement, Rosenblatt expects Ouster’s total market share to expand with the introduction of StereoLabs cameras and the newly introduced Rev8 LiDAR.
Ouster, Inc. is a leader in sensing and perception for Physical AI across industrial, robotics, automotive, and smart infrastructure.
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