What Do You See If You Look Beyond Ouster Inc (OUST)’s Q1 Loss?

Ouster Inc (NASDAQ:OUST) is one of the best small cap robotics stocks to buy according to analysts. Ouster stock has climbed around 25% in the past month and surged more than 130% over the past year. Northland sees the stock soaring higher from its current level.

On May 7, Northland reiterated its Outperform rating on Ouster stock with a price target of $38. The firm renewed its bullish view on Ouster following the company’s robust Q1 2026 results and product announcements.

Ouster reported its Q1 results on May 5. Revenue jumped 49% YoY to $49 million and exceeded the Street’s expectation of $46.15 million. The topline growth was supported by strong lidar sales. The company posted a loss per share of $0.28, which narrowed from a loss per share of $0.42 a year ago but missed the Street’s forecast of a loss per share of $0.12.

For Q2 2026, Ouster targets revenue in the band of $49.5 million to $52.5 million. This quarter will include a full period of Stereolabs operations. Ouster closed its acquisition of Stereolabs in February, adding a leader in AI vision and perception solutions.

Ouster also continues to strengthen its product portfolio with new launches. On May 4, it unveiled the Rev8 LIDAR platform that features native color capability. According to Northland, the Rev8 is an industry first. Ouster said dozens of companies in industries like robotics intend to adopt its Rev8 sensors in their products.

California-based Ouster Inc (NASDAQ:OUST) provides lidar sensors and perception software used in autonomous cars, robots, and drones. Its technology enables robots to see their surroundings and navigate safely. Ouster supplies customers in industries like last-mile delivery, warehouse automation, and mining.

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