OUST is trading 4.5% higher at $44.25 after Roth/MKM initiated coverage on the stock with a Buy rating and a $75.00 price target.

  • Analysts noted that Ouster is positioned to outgrow the broader sensor market due to its advanced lidar technology and integrated AI-compute platform.
  • The rally is company-specific, building on a pre-market jump from the previous close of $42.33, while broader U.S. markets remain only modestly higher.
  • The $75.00 price target represents significant upside from current levels, reflecting confidence in the company's competitive positioning.