OUST - Ouster's Renaissance: A Journey Of Innovation And Growth (Rating Upgrade)

2024-04-02 10:12:17 ET

Summary

• Ouster, Inc.'s recent achievements, including impressive revenue growth and successful execution of strategic priorities, support my bullish upgrade of this stock.
• Despite challenges like uncertain timelines for automotive adoption and intense market competition, Ouster's robust financial performance and promising revenue projections bolster my confidence.
• While acknowledging the potential need for shareholder dilution, the company's current valuation and progress towards profitability make Ouster an attractive investment opportunity.

Investment Thesis

Ouster, Inc. ( OUST ) is growing at breakneck speed. That consideration nobody questions. The main question for me is this: can Ouster become profitable without having to deliver investors with a meaningful stock dilution?...

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