Owlet (OWLT) to Release Quarterly Earnings on Thursday

Owlet (NYSE:OWLT) is projected to issue its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of ($0.18) per share and revenue of $20.8420 million for the quarter. Parties can check the company’s upcoming Q1 2026 earning summary page for the latest details on the call scheduled for Thursday, May 7, 2026 at 4:30 PM ET.

Owlet (NYSE:OWLT) last posted its quarterly earnings data on Thursday, March 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.10. The business had revenue of $26.55 million for the quarter, compared to analysts’ expectations of $26.01 million. On average, analysts expect Owlet to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Owlet Trading Up 3.6%

OWLT traded up $0.18 during trading hours on Tuesday, reaching $4.98. 143,018 shares of the company’s stock traded hands, compared to its average volume of 304,155. The firm has a 50-day moving average price of $6.63 and a 200 day moving average price of $10.34. Owlet has a 52-week low of $3.92 and a 52-week high of $16.94. The company has a quick ratio of 1.51, a current ratio of 1.85 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $140.10 million, a PE ratio of -1.84 and a beta of 1.84.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Zacks Research cut Owlet from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. TD Cowen reiterated a “buy” rating on shares of Owlet in a report on Friday, March 6th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Owlet in a report on Tuesday, April 21st. Finally, Wall Street Zen cut Owlet from a “sell” rating to a “strong sell” rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $20.00.

Insiders Place Their Bets

In related news, CFO Amanda Crawford sold 6,892 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $11.50, for a total transaction of $79,258.00. Following the transaction, the chief financial officer directly owned 212,800 shares of the company’s stock, valued at $2,447,200. This represents a 3.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Jonathan Harris sold 12,676 shares of the company’s stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $11.50, for a total value of $145,774.00. Following the transaction, the chief executive officer directly owned 339,336 shares in the company, valued at $3,902,364. This represents a 3.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 23,108 shares of company stock valued at $262,733 over the last 90 days. 52.20% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. AWM Investment Company Inc. acquired a new position in Owlet during the 4th quarter valued at about $28,304,000. Bleichroeder LP increased its holdings in shares of Owlet by 14.8% in the fourth quarter. Bleichroeder LP now owns 310,000 shares of the company’s stock valued at $5,019,000 after purchasing an additional 40,000 shares during the period. Informed Momentum Co LLC increased its holdings in shares of Owlet by 1.6% in the fourth quarter. Informed Momentum Co LLC now owns 112,893 shares of the company’s stock valued at $1,828,000 after purchasing an additional 1,737 shares during the period. Goldman Sachs Group Inc. increased its holdings in shares of Owlet by 138.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 110,614 shares of the company’s stock valued at $1,791,000 after purchasing an additional 64,244 shares during the period. Finally, Formula Growth Ltd. acquired a new position in shares of Owlet in the fourth quarter valued at about $1,700,000. 72.60% of the stock is owned by institutional investors and hedge funds.

About Owlet

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.