<div id="readability-page-1"><div><p>Ouster (OUST) recently launched its Rev8 OS digital lidar family and secured qualification for NVIDIA’s DRIVE Hyperion and Jetson platforms, putting the company’s native color sensors and software stack directly in front of level 4 autonomy developers.</p> <p>See our latest analysis for Ouster.</p> <p>Alongside the Rev8 launch and multiple NVIDIA integrations, Ouster’s at-the-market follow on equity offering and recent quarterly update have all arrived during a period of strong share price momentum, with a 30-day share price return of 30.98% and a 1-year total shareholder return of 137.51% pointing to growing investor interest despite earlier years of weaker performance.</p> <p>If you are watching how lidar and Physical AI are reshaping markets, it can be useful to compare Ouster with other opportunities in related areas using 38 AI infrastructure stocks</p> <p>After a rapid share price move, double digit recent revenue growth, and a market cap of about US$1.71b, the key question is whether Ouster’s current valuation still leaves room for upside or if markets are already pricing in future growth.</p> <h2>Most Popular Narrative: 31.7% Undervalued</h2> <p>Ouster's most followed valuation narrative pegs fair value at about $39.67 per share, compared with the last close of $27.10. This puts a spotlight on its growth story and future earnings profile at this price level.</p> <blockquote> <p><em>Ouster is tapping into the massive Intelligent Transportation Systems (ITS) market with their Blue City traffic management solution, which could drive significant revenue growth as they expand deployments across the US, Europe, and Asia. This is expected to positively impact revenue.</em></p> </blockquote> <p>Read the complete narrative.</p> <p>Want to see what kind of revenue trajectory and margin shift would justify this valuation gap? The narrative leans on rapid top line expansion, a turn toward profitability, and a premium future earnings multiple that is far from typical. Curious which assumptions matter most and how they feed into that fair value path?</p> <p><strong>Result: Fair Value of $39.67 (UNDERVALUED)</strong></p> <p>Have a read of the narrative in full and understand what's behind the forecasts.</p> <p>However, this hinges on Ouster holding its ground against strong lidar competitors while keeping legal, R&amp;D, and other operating costs from squeezing already thin margins.</p> <p>Find out about the key risks to this Ouster narrative.</p> <h2>Another View: Valuation Looks Rich On Sales</h2> <p>Analysts and the SWS model see Ouster as trading about 41.9% below a fair value of $46.66, but the P/S ratio tells a tougher story. At 9.3x sales, the stock is priced well above the US Electronic industry at 2.7x, the peer average at 4.9x, and even the fair ratio of 7x, which points to elevated valuation risk if growth or sentiment cool.</p> <p>See what the numbers say about this price — find out in our valuation breakdown.</p> <figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2f0c19da-82fc-4334-9f6e-dcffcd944543/chart/ps-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA1LTEz?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/2f0c19da-82fc-4334-9f6e-dcffcd944543/chart/ps-multiple-vs-industry/query-ZGF0ZT0yMDI2LTA1LTEz"/><figcaption>NasdaqGS:OUST P/S Ratio as at May 2026</figcaption></figure><h2>Next Steps</h2> <p>Given the mix of enthusiasm and concern in this story, it makes sense to review the underlying data yourself and decide quickly where you stand based on the 4 key rewards and 2 important warning signs.</p> <h2>Looking for more investment ideas?</h2> <p>If Ouster has caught your attention, do not stop here. Broaden your watchlist with a few targeted stock ideas that could sharpen your overall strategy.</p> <ul> <li>Target potential mispricings by scanning 44 high quality undervalued stocks, and see which stocks currently trade below their estimated worth.</li> <li>Strengthen your income toolkit by reviewing 13 dividend fortresses, focusing on companies that combine yield with staying power.</li> <li>Cut down portfolio stress by checking 69 resilient stocks with low risk scores, highlighting stocks with lower risk scores that may help smooth returns.</li> </ul> <p><em> This article by Simply Wall St is general in nature. <strong>We provide commentary based on historical data         and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.</strong> It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your         financial situation. We aim to bring you long-term focused analysis driven by fundamental data.         Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.         Simply Wall St has no position in any stocks mentioned.</em></p><div><h3><strong>New: </strong>AI Stock Screener &amp; Alerts</h3><p>Our new AI Stock Screener scans the market every day to uncover opportunities.</p><div><p>• Dividend Powerhouses (3%+ Yield)<br/>• Undervalued Small Caps with Insider Buying<br/>• High growth Tech and AI Companies</p><p>Or build your own from over 50 metrics.</p></div><p>Explore Now for Free</p></div></div></div>

OUST

ARKQ

IBOT

<p>Ouster (OUST) launched its Rev8 OS lidar family and qualified for NVIDIA’s platforms, enhancing its appeal to level 4 autonomy developers. The company has seen a 30.98% share price increase over 30 days and a 137.51% return over the past year. Analysts suggest Ouster is undervalued, with a fair value of $39.67 per share compared to its last close of $27.10. However, concerns about high valuation risks persist, as the stock trades at a P/S ratio of 9.3x, significantly above industry averages. Investors are advised to consider both growth potential and risks.</p>

Simplywall

Ouster

ARK Autonomous Tech & Robotics ETF

VanEck Robotics ETF

NVIDIA

Ouster - CW25

Ouster A - CW25

OUSTER INC C/WTS 11/03/2026 (TO PUR COM)

OUSTER INC C/WTS 29/09/2025(TO PUR COM)

NVIDIA Corporation

Assessing Ouster (OUST) Valuation After Rev8 OS Lidar Launch And NVIDIA Platform Qualification