OneStream (NASDAQ: OS) Surges 4.40% as Earnings Boost and Analyst Upgrade Drive Optimism

The share price rose to its highest level this month today, with an intraday gain of 5.23%.

OneStream (NASDAQ: OS) surged 4.40% on Tuesday, extending its two-day rally to 24.42% as improved financial results and a bullish analyst rating fueled optimism. The company’s Q3 performance showed a 95% reduction in attributable net loss to $8.85 million and 19% year-on-year revenue growth to $154 million, driven by international demand, particularly in Europe. OneStream also raised its full-year revenue guidance to $594 million–$596 million, reflecting confidence in sustained momentum.

A “buy” recommendation from Needham & Company, citing strong market positioning and a $38 price target (67% upside potential), further bolstered investor sentiment. The firm highlighted OneStream’s leadership in financial consolidation software and its ability to capitalize on global digital transformation trends. Strategic focus on replacing legacy systems in Europe, coupled with regulatory tailwinds, positions the company to expand its international footprint. While risks such as competitive pressures persist, OneStream’s cost discipline and revenue growth trajectory suggest resilience in a competitive sector.