I Had Doubts About Ouster, But The Defense Stamp Changes Everything (Upgrade)

  • Ouster's inclusion in the Pentagon's Blue UAS list is a game-changer, opening high-margin, reliable defense markets and boosting revenue quality. Financials show improving margins and steady revenue growth, but profitability remains elusive, and software revenue is not yet significant. Valuation is stretched, with OUST stock trading at a premium to sector multiples despite ongoing losses and decelerating growth.