Q2 2025 Performance Highlights - Ouster reported revenue of $35 million, a 30% increase compared to Q2 2024[9, 25] - The company shipped over 5,500 sensors, a 33% increase compared to Q2 2024[9, 27] - GAAP gross margin was 45%[9, 26] - Non-GAAP gross margin reached 52%, up from 40% in Q2 2024[25, 33] - Ouster finished the quarter with $229 million in cash and equivalents and no debt[9] Strategic Priorities - Ouster aims to scale the software-attached business, targeting a potential $19 billion smart infrastructure opportunity[14, 15] - The company is focused on transforming its product portfolio with new hardware and software capabilities[14, 20] - Ouster plans to execute towards profitability by achieving 30-50% annual revenue growth and maintaining gross margin at 35-40%[14, 22] Q3 2025 Guidance - Ouster anticipates revenue between $35 million and $38 million for Q3 2025[28]

Financial Performance - Ouster reported quarterly revenue of $35 million, representing a 30% year-over-year increase and a 7% sequential increase[4]. - Revenue for Q2 2025 reached $35,049 million, a 30% increase from $26,990 million in Q2 2024[21]. - Gross profit for Q2 2025 was $15,842 million, compared to $9,098 million in Q2 2024, resulting in a gross margin of 45%[21][27]. - Ouster's net loss for the quarter was $21 million, an improvement of $3 million year-over-year and $1 million sequentially[6]. - Net loss for Q2 2025 was $20,612 million, an improvement from a net loss of $23,869 million in Q2 2024[21]. - Adjusted EBITDA for Q2 2025 was $(5,503) million, an improvement from $(10,533) million in Q2 2024[26]. - Interest income for Q2 2025 was $2,620 million, an increase from $2,251 million in Q2 2024[21]. Operational Highlights - The company shipped a record 5,500 sensors during the quarter, contributing to its revenue growth primarily from industrial and automotive sectors[3]. - Ouster continues to focus on advancing its product portfolio and scaling its software-attached business to achieve profitability[3]. - The company is actively working to mitigate disruptions from geopolitical and macroeconomic factors affecting its operations[4]. Margins and Expenses - GAAP gross margin improved to 45%, up 1100 basis points year-over-year and 400 basis points sequentially, while non-GAAP gross margin reached 52%, an increase of 1200 basis points year-over-year[5]. - Operating expenses totaled $42,664 million in Q2 2025, up from $34,348 million in Q2 2024, with significant increases in research and development expenses[21]. - Stock-based compensation expense for the first half of 2025 was $21,724 million, compared to $20,099 million in the same period of 2024[26]. Cash and Assets - Cash, cash equivalents, restricted cash, and short-term investments totaled $229 million as of June 30, 2025[6]. - Cash used in operating activities for the first half of 2025 was $6,188 million, a significant reduction from $27,366 million in the same period of 2024[23]. - Cash and cash equivalents at the end of Q2 2025 were $78,687 million, up from $54,205 million at the end of Q2 2024[23]. - Ouster's total assets increased to $321.84 million as of June 30, 2025, up from $276.15 million at the end of 2024[18]. - Total stockholders' equity rose to $221.03 million, reflecting an increase from $180.91 million at the end of 2024[18]. Future Outlook - The company expects third quarter 2025 revenue to be between $35 million and $38 million[7].

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Ouster, Inc. (OUST) due to higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show a quarterly loss of $0.45 per share, reflecting a year-over-year change of +15.1%, with revenues projected at $34 million, up 26% from the previous year [3]. - The consensus EPS estimate has been revised 4.35% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate being the same as the consensus for Ouster, resulting in an Earnings ESP of 0% [8][12]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3, which increases the likelihood of a positive surprise [10]. Historical Performance - Ouster has beaten consensus EPS estimates only once in the last four quarters, with a notable surprise of +25.00% in the last reported quarter where the loss was expected to be $0.56 per share but was actually -$0.42 [13][14]. Conclusion - Ouster does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [17].

Company Performance - Ouster, Inc. (OUST) closed at $23.22, reflecting a -10.47% change from the previous day, underperforming the S&P 500's daily loss of 0.3% [1] - The company's stock has increased by 6.93% over the past month, outperforming the Computer and Technology sector's gain of 4.85% and the S&P 500's gain of 3.64% [1] Upcoming Earnings - Ouster, Inc. is expected to release its earnings report on August 7, 2025, with projected earnings of -$0.45 per share, indicating a year-over-year growth of 15.09% [2] - The consensus estimate anticipates revenue of $34 million, representing a 25.97% increase from the same quarter last year [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of -$1.71 per share and revenue of $143.4 million, reflecting year-over-year changes of +17.79% and +29.07%, respectively [3] Analyst Estimates - Recent changes in analyst estimates for Ouster, Inc. are important as they reflect short-term business trends, with upward revisions indicating analysts' positive outlook on the company's operations and profit generation [4] Zacks Rank - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a history of outperforming, with 1 stocks returning an average annual gain of +25% since 1988 [6] - Over the past month, the Zacks Consensus EPS estimate for Ouster, Inc. has increased by 1.73%, and the company currently holds a Zacks Rank of 2 (Buy) [6] Industry Overview - Ouster, Inc. operates within the Electronics - Miscellaneous Components industry, which is part of the Computer and Technology sector [7] - This industry currently holds a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries, indicating strong performance potential [7]

Group 1 - Lidar demand has reached an inflection point, indicating a significant shift in market dynamics [1] - Ouster, Inc. (NASDAQ: OUST) experienced a surge in stock price, reaching multi-year highs above $30, although it has since retraced some gains [1] Group 2 - The article emphasizes the importance of conducting personal research before making investment decisions [2] - It highlights that past performance does not guarantee future results, underscoring the inherent risks in investing [3]

Company Performance - Ouster, Inc. (OUST) closed at $26.65, down 2.67% from the previous trading session, underperforming the S&P 500 which gained 0.78% [1] - Over the last month, Ouster's shares increased by 14.18%, outperforming the Computer and Technology sector's gain of 8.76% and the S&P 500's gain of 5.88% [1] Upcoming Financial Results - Ouster is set to announce its earnings on August 7, 2025, with an expected EPS of -$0.45, reflecting a growth of 15.09% compared to the same quarter last year [2] - The consensus estimate for revenue is $34 million, which represents a 25.97% increase from the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$1.71 and revenue of $143.4 million, indicating increases of 17.79% and 29.07% respectively from the previous year [3] - Recent changes to analyst estimates suggest a positive outlook for Ouster, indicating optimism about the company's business and profitability [3] Zacks Rank and Industry Performance - Ouster currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate shifting 1.73% upward over the past month [5] - The Electronics - Miscellaneous Components industry, which includes Ouster, has a Zacks Industry Rank of 68, placing it in the top 28% of over 250 industries [6]

Core Insights - Ouster Inc. (OUST) is targeting a $70 billion global LiDAR market, with robotics representing a $14 billion addressable segment, and has seen its robotics and industrial vertical become its top revenue contributor in Q1 2025 [1][8] Group 1: Market Position and Strategy - Ouster is well-positioned for adoption across various sectors including logistics, delivery, inspection, agriculture, and environmental mapping, transitioning from a sensor supplier to a solutions provider with its Gemini perception platform [2] - The company is focusing on improving sensor performance in terms of resolution, range, cost-efficiency, and edge-computing capabilities, reinforcing its leadership in digital LiDAR innovation [3] - Ouster's shift towards a SaaS-style business model is expected to enhance recurring revenues and gross margins, positioning the company to capture increasing sensor volumes and high-margin software revenues [4] Group 2: Competitive Landscape - Aeva Technologies (AEVA) is leveraging its unique FMCW lidar technology to unlock robotics market potential, offering high-precision data for autonomous robots [5] - Luminar Technologies (LAZR) is targeting the robotics market with long-range, high-resolution lidar sensors, providing unmatched object detection for various applications [6] Group 3: Financial Performance - OUST shares have gained 139.9% year to date, outperforming the industry, although the company's valuation is considered high with a price-to-sales multiple of 8.7 compared to the industry average of 1.66 [7][10] - The Zacks Consensus Estimate for OUST's earnings per share has improved for the second and third quarters of 2025, as well as for the full years of 2025 and 2026, indicating positive growth expectations [11][12]

Company Overview - Ouster, Inc. (OUST) currently has a Momentum Style Score of B, indicating a positive outlook based on its recent stock performance and earnings estimate revisions [2][11] - The company holds a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market in the near term [3][11] Price Performance - OUST shares have increased by 2.68% over the past week, while the Zacks Electronics - Miscellaneous Components industry has seen a slight decline of 0.04% during the same period [5] - Over the past month, OUST's stock price has surged by 40.81%, significantly outperforming the industry's 3.2% increase [5] - In the last quarter, OUST shares have risen by 270.98%, and over the past year, they are up 100.14%, compared to the S&P 500's gains of 19.7% and 14.09%, respectively [6] Trading Volume - The average 20-day trading volume for OUST is 3,723,372 shares, which is a useful indicator of market interest and can signal bullish or bearish trends [7] Earnings Outlook - In the past two months, one earnings estimate for OUST has been revised upward, while none have been revised downward, leading to an increase in the consensus estimate from -$1.74 to -$1.71 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions, indicating a positive earnings outlook [9]

Core Viewpoint - Ouster, Inc. (OUST) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook driven by rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, particularly influenced by institutional investors [4][6]. - Ouster's rising earnings estimates, with a 13.9% increase in the Zacks Consensus Estimate over the past three months, suggest an improvement in the company's underlying business [8][5]. Zacks Rating System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7][9]. - Ouster's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].

Industry Overview - LiDAR technology is gaining traction in the automotive sector, particularly in premium vehicles and robotaxis, due to its capabilities in 3D mapping and object detection, enhancing advanced driver-assistance systems (ADAS) and autonomous driving applications [1][2] - The market for LiDAR is projected to reach a $19 billion addressable market by 2030, indicating significant growth potential [5] Company Analysis: Ouster, Inc. (OUST) - Ouster is positioned to benefit from the increasing adoption of LiDAR across various sectors, including automotive, industrial, robotics, and smart infrastructure [4] - The 2023 merger with Velodyne has expanded Ouster's product lineup and customer base, with a target of over $75 million in annual cost synergies [4] - Management projects Q2 2025 revenues between $32 million and $35 million, focusing on software-attached solutions and product upgrades [4] - Ouster is transitioning from hardware sales to software-driven offerings, aiming for 30-50% annual revenue growth and gross margins of 35-40% [5] - Despite revenue growth, Ouster remains unprofitable and anticipates continued cash burn through at least 2026, although it has a solid balance sheet with $171 million in cash and no debt [6] Company Analysis: Luminar Technologies (LAZR) - Luminar has established itself as a key player in the automotive and industrial LiDAR markets, with partnerships with major OEMs like Volvo and Caterpillar [7] - The company is focusing on core technologies to streamline operations, achieving $80 million in cost savings through its industrialization partnership [8] - Luminar expects over $100 million in annualized cost savings and aims to triple production volume to enhance economies of scale [8] - The company has reduced its debt from $625 million to $185 million, indicating a disciplined financial approach [9] Financial Estimates - The Zacks Consensus Estimate for OUST's 2025 revenues and EPS implies a year-over-year increase of 29.1% and 16.4%, respectively [11] - In contrast, LAZR's 2025 revenues and EPS are expected to increase by 14.9% and 53.4%, with EPS estimates rising by 12.1% over the past 60 days [12] - OUST is trading at a forward price-to-sales multiple of 8.45, while LAZR is at 1.34, indicating differing valuations [13] Market Performance - OUST shares have gained 131.6% year to date, while LAZR shares have decreased by 47% in the same period [17]