OneStream (OS) Sees Price Target Cut by Citi Amid Earnings Concerns | OS Stock News

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4 days ago

Citi has adjusted its price target for OneStream (OS, Financial), lowering it from $31 to $24 while maintaining a Neutral stance on the company's stock. This adjustment comes as the firm approaches the first-quarter earnings season for the application software sector with a cautious outlook.

Citi’s latest insights reflect concerns regarding tariff exposure, potential delays in deals, and currency fluctuations, all of which could influence full-year projections for companies in this sector. A recent survey of chief investment officers conducted by Citi indicates a slight decline in the expected budget growth over the next year and notes a negative sentiment towards back-office projects, largely influenced by tariff issues.

The firm specifically identifies OneStream (OS, Financial) and BlackLine (BL) as facing the most immediate risks, suggesting that delays in deals for these companies might extend into the second quarter. In contrast, Citi views Intapp (INTA) and Vertex (VERX) as relatively shielded from current macroeconomic challenges.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.