Owlet (NYSE:OWLT) Announces Quarterly Earnings Results

05 Mar 2026, 21:30 by Kim Johansen · The Markets Daily

Owlet (NYSE:OWLT – Get Free Report) posted its quarterly earnings results on Thursday. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.10, FiscalAI reports.

Owlet Stock Performance

Shares of Owlet stock traded down $0.09 during trading hours on Thursday, reaching $11.79. 381,397 shares of the company were exchanged, compared to its average volume of 233,866. The firm has a market cap of $201.37 million, a PE ratio of -4.00 and a beta of 1.77. Owlet has a 1 year low of $2.75 and a 1 year high of $16.94. The stock’s fifty day moving average is $13.10 and its 200 day moving average is $11.00.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Northland Securities set a $20.00 target price on Owlet and gave the stock an “outperform” rating in a research note on Tuesday, December 30th. William Blair assumed coverage on Owlet in a research report on Tuesday, December 9th. They set an “outperform” rating for the company. Zacks Research lowered shares of Owlet from a “strong-buy” rating to a “hold” rating in a report on Monday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Owlet in a research report on Thursday, January 22nd. Finally, TD Cowen restated a “buy” rating on shares of Owlet in a report on Thursday, January 8th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $20.00.

Check Out Our Latest Stock Report on OWLT

Insider Buying and Selling at Owlet

In related news, CEO Jonathan Harris sold 2,311 shares of the company’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 264,396 shares in the company, valued at approximately $3,524,398.68. This represents a 0.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 52.20% of the company’s stock.

Hedge Funds Weigh In On Owlet

A number of institutional investors and hedge funds have recently modified their holdings of the company. Occudo Quantitative Strategies LP acquired a new position in shares of Owlet in the fourth quarter valued at approximately $276,000. Millennium Management LLC acquired a new stake in shares of Owlet in the fourth quarter valued at about $591,000. Engineers Gate Manager LP purchased a new stake in shares of Owlet during the 4th quarter worth approximately $246,000. Bridgeway Capital Management LLC grew its holdings in Owlet by 182.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 63,678 shares of the company’s stock valued at $1,031,000 after purchasing an additional 41,115 shares during the last quarter. Finally, Schonfeld Strategic Advisors LLC purchased a new position in Owlet during the 4th quarter valued at about $283,000. Institutional investors and hedge funds own 72.60% of the company’s stock.

Owlet Company Profile

(Get Free Report)

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.