Ouster: Positioned To Be A Leader In A LiDAR Revolution

Feb. 01, 2023 6:24 AM ETOuster, Inc. (OUST) Stock, , , , 21 Comments

Summary

  • Ouster's eminent combination with Velodyne should unlock new value and greater chance of long-term success for the company.
  • The stock could deliver strong returns if all goes well in the next 3-5 years with the growing adoption of LIDAR & their providing focus on cost driven solutions.
  • Competition risks from peers as well as radar technology make the stock a risky investment but Ouster is our favorite name in this speculative sector.

Machine vision system of aautonomous truck.

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Ouster Being Overlooked As The LIDAR Leader They Are Likely To Become Following Upcoming Merger

Ouster Inc. (NASDAQ:OUST) is an NYSE publicly-traded company that designs and manufactures high-definition LiDAR products. Since our last bullish analysis on the stock, the

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of OUST, VLDR either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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