Ouster Stock Soars 18.09% on Defense Department Approval

Ouster's stock surged 18.09% in pre-market trading on June 11, 2025, reaching a new 12-month high.

Ouster, a leading provider of high-performance lidar sensors and intelligent software solutions, has seen significant momentum in its stock price. The company's recent approval by the Defense Department for its digital lidar technology has bolstered investor confidence. This approval underscores Ouster's technological prowess and its potential to capture a larger share of the defense and automotive markets.

In the first quarter of 2025, Ouster reported revenue of $32.6 million, with a notable improvement in gross margin to 41%. This financial performance was driven by a favorable product mix and a patent royalty of $1.5 million. The company's strong financials and strategic partnerships have positioned it well for future growth.

Analysts have been bullish on Ouster, with several issuing positive ratings and price targets. UBS Group, Oppenheimer, and Rosenblatt Securities have all set price targets ranging from $13.68 to $17.00, reflecting their optimism about the company's prospects. The consensus rating among analysts is a "Buy," with an average price target of $14.10.

Ouster's stock has also seen significant options trading activity, with traders buying 3,079 call options on the company. This represents a 47% increase compared to the average daily volume, indicating strong investor interest and potential for further price appreciation.