Oatly Group (NASDAQ:OTLY) Releases Quarterly Earnings Results, Misses Estimates By $0.07 EPS

Oatly Group (NASDAQ:OTLY) issued its quarterly earnings results on Wednesday. The company reported ($0.61) EPS for the quarter, missing analysts’ consensus estimates of ($0.54) by ($0.07), Zacks reports. Oatly Group had a negative net margin of 26.67% and a negative return on equity of 201.36%.

Here are the key takeaways from Oatly Group’s conference call:

• First full year of profitable growth: 2025 delivered positive Adjusted EBITDA (FY $6.8M) and constant-currency revenue growth, and management guides 2026 to CC revenue +3–5% with Adjusted EBITDA of $25M–$35M.
• Material operational progress since 2022 — revenue up 19%, adjusted EBITDA improved by $275M, free cash flow improved by $436M, gross margin >32% (up 2,100 bps), COGS/liter down 23% and SG&A reduced by ~$100M — providing reinvestment fuel.
• Management’s refreshed growth playbook (focus on beverages, Gen Z, and digital-first marketing) shows traction: rising household penetration, retail share gains in Europe and the U.S., and new product cadence including flavored Baristas, matcha retail launches and a planned Barista Cold Foam.
• Free Cash Flow remains negative (FY 2025 FCF of -$39M despite a $117M improvement year-over-year); company expects further improvement but still does not project positive FCF for full-year 2026 and plans higher 2026 capex of $20M–$30M.
• Key near-term risks/strategic items: ~200 bps North America headwind from a large food-service customer (management says ex-customer NA growth is positive), and a planned strategic review of the Greater China segment (including potential carve-out) to maximize value.

Oatly Group Price Performance

NASDAQ:OTLY traded up $1.07 during mid-day trading on Wednesday, reaching $12.26. 56,334 shares of the stock were exchanged, compared to its average volume of 65,088. Oatly Group has a 1-year low of $6.00 and a 1-year high of $18.84. The company has a current ratio of 0.42, a quick ratio of 0.32 and a debt-to-equity ratio of 7.21. The firm has a market capitalization of $371.69 million, a PE ratio of -1.63 and a beta of 1.97. The business has a fifty day moving average price of $11.34 and a 200 day moving average price of $14.08.

Analyst Ratings Changes

A number of research analysts recently issued reports on OTLY shares. DA Davidson set a $14.00 price objective on Oatly Group and gave the company a “buy” rating in a research report on Friday, November 21st. Zacks Research upgraded shares of Oatly Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, December 17th. Mizuho set a $18.00 price target on Oatly Group and gave the company an “outperform” rating in a report on Wednesday, November 26th. Barclays set a $15.00 price objective on Oatly Group and gave the stock an “overweight” rating in a report on Friday, January 16th. Finally, Weiss Ratings restated a “sell (e+)” rating on shares of Oatly Group in a research report on Monday, December 29th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.75.

Institutional Trading of Oatly Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its holdings in shares of Oatly Group by 19.0% in the third quarter. Van ECK Associates Corp now owns 11,001 shares of the company’s stock valued at $178,000 after buying an additional 1,756 shares in the last quarter. Geode Capital Management LLC acquired a new stake in shares of Oatly Group during the second quarter worth $151,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Oatly Group during the first quarter valued at $133,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Oatly Group by 9.5% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,130 shares of the company’s stock worth $215,000 after buying an additional 1,568 shares during the period. Finally, Goldman Sachs Group Inc. raised its holdings in shares of Oatly Group by 80.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock valued at $294,000 after acquiring an additional 12,249 shares during the period. 68.15% of the stock is owned by institutional investors and hedge funds.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.