Ouster is expected to report Q1 2026 revenue of approximately $46.15 million and a consensus EPS loss of $0.11, with its current stock price of $26.45 trading significantly below the average analyst price target of $40.20. Investors are primarily focused on the operational integration of the StereoLabs acquisition and its contribution to Ouster's "Physical AI" product suite.
Following a surprise GAAP profit in Q4 2025 that was heavily assisted by one-time royalties, the market is looking for evidence that core lidar and software demand can sustain long-term profitability. This quarter marks the first period featuring StereoLabs' financial contributions, which management expects will help maintain a long-term revenue growth framework of 30% to 50% per year.