Oust stock forecast indicates a cautious upside for the

Oust stock forecast indicates a cautious upside for the next quarter, with analysts projecting a potential 8% rebound driven by improved revenue guidance and expanding market penetration in IoT technology sectors. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Ouster, Inc. possesses a Zacks Rank of #3 (Hold). Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. For traders watching the Oust stock forecast, technical charts show resistance around $4.85, while support holds near $4.20, with RSI hovering at 54, hinting at moderate bullish sentiment.