Q2 EPS Estimates for Owlet Cut by Northland Securities

Owlet, Inc. (NYSE:OWLT) – Investment analysts at Northland Securities decreased their Q2 2026 EPS estimates for Owlet in a research note issued to investors on Tuesday, April 7th. Northland Securities analyst O. Rickert now forecasts that the company will earn ($0.22) per share for the quarter, down from their prior estimate of ($0.21). Northland Securities has a “Outperform” rating and a $20.00 price target on the stock. The consensus estimate for Owlet’s current full-year earnings is ($0.76) per share. Northland Securities also issued estimates for Owlet’s Q3 2026 earnings at ($0.15) EPS, Q4 2026 earnings at ($0.22) EPS, Q2 2027 earnings at ($0.10) EPS, Q3 2027 earnings at ($0.12) EPS and FY2027 earnings at ($0.45) EPS.

A number of other equities research analysts have also recently issued reports on OWLT. Wall Street Zen cut shares of Owlet from a “hold” rating to a “sell” rating in a report on Saturday, March 14th. Weiss Ratings restated a “sell (d-)” rating on shares of Owlet in a report on Thursday, January 22nd. TD Cowen restated a “buy” rating on shares of Owlet in a report on Friday, March 6th. Finally, Zacks Research cut shares of Owlet from a “strong-buy” rating to a “hold” rating in a report on Monday, March 2nd. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Owlet currently has an average rating of “Hold” and an average target price of $20.00.

Owlet Trading Down 0.0%

Shares of NYSE:OWLT opened at $5.15 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.51 and a debt-to-equity ratio of 0.13. Owlet has a 1 year low of $3.09 and a 1 year high of $16.94. The firm has a fifty day moving average price of $8.41 and a 200 day moving average price of $10.66. The stock has a market capitalization of $145.00 million, a PE ratio of -1.90 and a beta of 2.00.

Owlet (NYSE:OWLT) last issued its quarterly earnings data on Thursday, March 5th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.10. The business had revenue of $26.55 million during the quarter, compared to the consensus estimate of $26.01 million.

Insider Buying and Selling at Owlet

In related news, CEO Jonathan Harris sold 2,311 shares of the stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $13.33, for a total value of $30,805.63. Following the completion of the sale, the chief executive officer owned 264,396 shares in the company, valued at approximately $3,524,398.68. This trade 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 this hyperlink. Insiders own 52.20% of the company’s stock.

Institutional Investors Weigh In On Owlet

Several hedge funds have recently made changes to their positions in OWLT. Eclipse Operations LLC acquired a new stake in shares of Owlet during the 4th quarter valued at about $124,677,000. AWM Investment Company Inc. acquired a new stake in shares of Owlet during the 4th quarter valued at about $28,304,000. Granahan Investment Management LLC lifted its stake in Owlet by 135.9% during the third 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. bought a new position in Owlet during the fourth quarter worth about $3,662,000. Finally, Next Century Growth Investors LLC bought a new position in Owlet during the second quarter worth about $1,653,000. Institutional investors own 72.60% of the company’s stock.

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.