OUST is trading at $27.57 (+9.4%) as the stock builds on post-earnings momentum following a Q1 revenue beat.
- The company reported $49 million in revenue, exceeding forecasts by $2 million, while analysts maintain a Moderate Buy consensus with an average price target of ~$40.
- Momentum is further supported by a $100 million at-the-market equity offering and broader semiconductor sector strength following Intel's landmark manufacturing deal with Apple.