Ouster invests heavily in R&D to enhance lidar platform and drive innovation

Ouster Inc. (OUST) invested 52.2% of revenues in R&D in 2024 to enhance its digital lidar platform and drive innovation. The company is transitioning to a software-based, recurring revenue model while expanding edge-computing capabilities. OUST’s 2025 and 2026 EPS and revenue estimates have increased, indicating year-over-year growth. Competitors Aeva Technologies (AEVA) and Luminar Technologies (LAZR) also prioritize R&D to advance their proprietary LiDAR technology. OUST’s stock has gained 86% year to date, outperforming the industry. However, OUST is trading at an expensive valuation with a price-to-sales multiple of 6.85 and a Value Score of F. Estimates for OUST’s future EPS and revenue show upward trends, with a Zacks Rank #2 (Buy).

Read more at Zacks Investment Research: Can Ouster’s R&D Spend Lead Lidar Shift, Grow Market Presence? – July 7, 2025