Onestream Inc (OS) saw its stock price plummet by a staggering 24.88% in pre-market trading on Wednesday. The sharp sell-off came after the company reported better-than-expected fourth-quarter results but provided disappointing guidance for the first quarter and full year 2025, prompting a downgrade from JPMorgan analysts.
According to reports, Onestream topped analysts' expectations for earnings per share and revenue in Q4 2024. However, the software maker's forecasts for Q1 2025 and the full year fell short of Wall Street estimates, indicating potential challenges ahead.
In response to the weak guidance, JPMorgan analysts downgraded Onestream from "Overweight" to "Neutral" and slashed their price target on the stock from $30 to $26. The analysts cited concerns over deal slippage and potential headwinds, suggesting that the stock could remain range-bound in the near term until these overhangs clear up.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。