OneStream Inc. (NASDAQ:OS) is one of the best IPO stocks to buy according to Wall Street analysts, with Baird lowering the price target to $26 from $28 post Q2 results. Total revenue grew by 26% YoY, reaching $147.59 million, with a 30% increase in subscription revenue and a 281% jump in free cash flow.

The company introduced new AI innovations, Sensible AI Studio, and Sensible AI Agents, well-received by customers. Despite a $900K decline in license revenue YoY, OneStream attributes it to successful customer conversion to SaaS. The firm delivers a unified, AI-enabled software platform in the US and internationally.

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Read more at Yahoo Finance: Baird Lowers OneStream (OS) PT to $26 Despite Steady Q2 Growth, AI Innovations