Owlet (OWLT) Projected to Post Earnings on Thursday

Owlet (NYSE:OWLT - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Owlet to post earnings of ($0.21) per share and revenue of $22.17 million for the quarter. Owlet has set its FY 2025 guidance at EPS.

Owlet (NYSE:OWLT - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.02). Owlet had a negative return on equity of 0.36% and a negative net margin of 15.28%. The business had revenue of $21.10 million for the quarter, compared to the consensus estimate of $18.14 million. On average, analysts expect Owlet to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Owlet Price Performance

NYSE OWLT traded up $0.09 on Friday, hitting $7.39. The stock had a trading volume of 36,560 shares, compared to its average volume of 87,686. The business's fifty day moving average price is $7.33 and its 200 day moving average price is $5.34. Owlet has a 52-week low of $2.75 and a 52-week high of $9.74.

Hedge Funds Weigh In On Owlet

An institutional investor recently bought a new position in Owlet stock. Goldman Sachs Group Inc. bought a new stake in Owlet, Inc. (NYSE:OWLT - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 11,737 shares of the company's stock, valued at approximately $43,000. Goldman Sachs Group Inc. owned approximately 0.07% of Owlet as of its most recent SEC filing. Institutional investors own 72.60% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have weighed in on OWLT. Northland Capmk upgraded Owlet to a "strong-buy" rating in a report on Wednesday, April 23rd. Northland Securities set a $12.00 price target on Owlet in a report on Wednesday, July 9th.

About Owlet

Owlet, Inc provides digital parenting solutions in the United States and internationally. The company's platform focuses on giving real-time data and insights to parents. It offers Dream Sock, a wearable infant health monitor equipped with pulse oximetry technology to track vitals signs, such as pulse rate, oxygen, activity, and sleep patterns; BabySat which is intended for infants with heightened health risk; Owlet Cam, a monitoring device in smartphones that offers video and audio, predictive sleep insights, and cry detections; and accessories, including Owlet Sleeper, as well as Duo and Dream Duo that combines Smart Sock with the Owlet Cam.