OUST is trading at $44.25 (4.5% up) in pre-market after Roth/MKM initiated coverage on the stock.

  • The firm assigned a Buy rating and set a price target of $75.00, citing Ouster's position to outgrow the broader sensor market with its advanced lidar and AI-compute platform.
  • This new rating extends a recent volatile momentum, which saw the stock pullback on May 28 after a multi-day rally.