Needham Reiterates Buy Rating on OneStream Inc. (OS)

Needham analyst Scott Berg reiterated a Buy rating and $38.00 price target on OneStream Inc. (NASDAQ: OS).

The analyst commented: "We reiterate our Buy rating on OS shares after the company reported much better than expected 3Q financial results and easily outperformed the headwinds we were expecting from multiple Federal government issues limiting new sales in what is typically the seasonally strongest Fed quarter for OS. Subscription revenues grew 27.3% Y/Y while bookings increased 19.5% even against the difficult compare. The company highlighted sales strength in EMEA as a key driver of 3Q performance while also announcing its largest Fed customer is converting to its SaaS platform. Sensible AI Agents are moving from private preview to limited availability which we believe can be an upside driver to 2H26 bookings. On the FY26 front, management gave an initial view that they are more than comfortable with current FY26 consensus estimates."

For an analyst ratings summary and ratings history on OneStream Inc. click here. For more ratings news on OneStream Inc. click here.

Shares of OneStream Inc. closed at $19.08 yesterday.

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