Cantor Fitzgerald downgraded Ouster, Inc. from Overweight to Neutral on May 7, 2026. The firm cited a more balanced risk-reward profile following recent price movements.
The downgrade followed Ouster’s first-quarter 2026 earnings report released on May 5. Ouster reported a 49% year-over-year increase in revenue.
The company posted a loss of -$0.28 per share, missing analyst estimates. Recent insider stock sales also contributed to the cautious analyst stance.
Ouster shares experienced a significant price decline on May 7 following the announcement.