An analyst on Seeking Alpha issued a "Sell" rating for Ouster. The report cited an extended timeline to profitability and an overoptimistic valuation. It contends the company's stock price relies more on its growth story than its current financial performance.
The analysis projects Ouster will not become meaningfully earnings-positive until 2028. It also suggests the company may not achieve significant EBITDA margins before 2029.
The author points to risks from pricing pressure. Ouster's reliance on niche industrial LiDAR markets is another key factor for the negative outlook.