Brokerages Set Owlet, Inc. (NYSE:OWLT) PT at $20.00

Owlet, Inc. (NYSE:OWLT) has earned a consensus rating of “Hold” from the five analysts that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation and three have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $20.00.

Several analysts have commented on the company. TD Cowen reaffirmed a “buy” rating on shares of Owlet in a research note on Friday, March 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Owlet in a research note on Thursday, January 22nd. Northland Securities set a $20.00 target price on Owlet and gave the company an “outperform” rating in a report on Tuesday, December 30th. William Blair started coverage on Owlet in a research note on Tuesday, December 9th. They set an “outperform” rating for the company. Finally, Zacks Research downgraded Owlet from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd.

Owlet News Roundup

Here are the key news stories impacting Owlet this week:

• Positive Sentiment: Northland Securities kept an “Outperform” rating and a $20 price target while nudging FY2026 and Q3 estimates slightly better (FY from -$0.77 to -$0.76; Q3 from -$0.20 to -$0.17), signaling continued analyst confidence in medium-term recovery potential. Read More.
• Positive Sentiment: Owlet announced a donation partnership with Babylist to support Children’s Hospital Los Angeles’ “Make March Matter” campaign — favorable PR that can help brand and consumer sentiment, though unlikely to move near-term fundamentals materially. Read More.
• Neutral Sentiment: Consensus brokerage coverage sits at a “Hold,” reflecting mixed views across analysts and giving limited directional impetus to the stock. Read More.
• Negative Sentiment: A reported price-target reduction of about 16.18% to $14.54 was published, a clear negative signal that likely pressured the share price as it narrows upside expectations from some analysts. Read More.
• Negative Sentiment: Northland also trimmed short-term EPS forecasts for Q2 and Q4 2026 (Q2 to -$0.21 from -$0.20; Q4 to -$0.20 from -$0.18), indicating near-term profitability pressure that can weigh on the stock until revenue/margin improvement is visible. Read More.

Insider Transactions at Owlet

In other Owlet news, CEO Jonathan Harris sold 2,311 shares of the company’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $13.33, for a total transaction of $30,805.63. Following the completion of the transaction, the chief executive officer owned 264,396 shares in the company, valued at approximately $3,524,398.68. This represents a 0.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 52.20% of the company’s stock.

Institutional Trading of Owlet

Several hedge funds have recently made changes to their positions in the company. Eclipse Operations LLC purchased a new position in Owlet during the fourth quarter worth about $124,677,000. AWM Investment Company Inc. purchased a new stake in Owlet in the 4th quarter valued at approximately $28,304,000. Granahan Investment Management LLC increased its position in Owlet by 135.9% during the 3rd quarter. Granahan Investment Management LLC now owns 509,904 shares of the company’s stock worth $4,319,000 after purchasing an additional 293,771 shares during the period. Russell Investments Group Ltd. acquired a new position in Owlet during the 4th quarter worth approximately $3,662,000. Finally, Next Century Growth Investors LLC purchased a new position in shares of Owlet during the 2nd quarter worth approximately $1,653,000. Institutional investors and hedge funds own 72.60% of the company’s stock.

Owlet Trading Down 3.5%

NYSE OWLT opened at $4.74 on Thursday. The firm’s fifty day moving average is $9.91 and its two-hundred day moving average is $10.83. Owlet has a one year low of $2.75 and a one year high of $16.94. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.51 and a current ratio of 1.85. The firm has a market cap of $133.42 million, a PE ratio of -1.75 and a beta of 1.77.

Owlet (NYSE:OWLT) last announced its earnings results on Thursday, March 5th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.10. The business had revenue of $26.55 million for the quarter, compared to analyst estimates of $26.01 million. Analysts expect that Owlet will post -0.76 earnings per share for the current year.

Owlet Company Profile

Owlet Baby Care, Inc is a consumer health technology company specializing in the design and manufacture of smart baby monitoring products. The company’s flagship device, the Owlet Smart Sock, is a wearable monitor that tracks a newborn’s heart rate and oxygen saturation levels and transmits real-time data to a mobile app. Owlet has since expanded its product suite to include the Owlet Cam, an HD video monitor with audio and motion alerts, and the Dream Sock, a non-wearable device that collects sleep metrics to help parents understand and improve their baby’s rest patterns.

Founded in 2013 by engineer and father Kurt Workman, Owlet is headquartered in Lehi, Utah.