Ouster Inc. Common Stock (OUST)

FairStock Score: 51/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-and-Graham-style investor, I want durable profits, honest accounting, and a price that offers a margin of safety. Ouster is not there yet. It sells lidar sensors into automotive, industrial, robotics, and smart infrastructure markets. The growth is real: in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $54.6M, up from $35.0M in fiscal Q2 2025, roughly 56% growth. For FY2025, revenue was $169.4M, up from $111.1M in FY2024. But the company still loses money. Fiscal Q2 2026 net loss was $18.1M, or diluted EPS of $-0.27. FY2025 net loss was $60.4M, or $-1.07 per diluted share. Trailing free cash flow is $-82.5M, and the FairStock FCF yield is -3.2%. The balance sheet is not stretched: D/E is 0.04, and the FairStock Altman Z-Score is 12.43, suggesting low near-term solvency risk. But returns are negative: FairStock ROE is -18.01% and ROCE is -10.72%. At the 2026-10-13 close of $35.33, the FairStock P/E is -42.57 and P/B is 6.52. Paying 6.5 times book for a loss-making lidar company gives no Graham margin of safety. The provided Lynch category is 'none' because it has lost money in each of the last four years. Revenue growth is impressive, but until it converts growth into durable earnings and positive free cash flow, this looks like a speculative growth story rather than a proven value investment.

In plain English: Ouster makes lidar sensors that help cars, robots, industrial equipment and infrastructure see the world in 3D. Sales are growing quickly, but the company still loses money and uses more cash than it brings in. At $35.33 a share, the price looks expensive compared with its sales and accounting value because there are no profits yet to support it.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer