Q1 Earnings Forecast for Owlet Issued By Northland Capmk

Owlet, Inc. (NYSE:OWLT) – Northland Capmk issued their Q1 2025 earnings per share (EPS) estimates for shares of Owlet in a research note issued to investors on Wednesday, April 23rd. Northland Capmk analyst O. Rickert forecasts that the company will post earnings per share of ($0.39) for the quarter. Northland Capmk currently has a “Strong-Buy” rating on the stock. The consensus estimate for Owlet’s current full-year earnings is ($0.76) per share. Northland Capmk also issued estimates for Owlet’s Q2 2025 earnings at ($0.30) EPS, Q3 2025 earnings at ($0.26) EPS, Q4 2025 earnings at ($0.19) EPS and FY2025 earnings at ($1.15) EPS.

Several other research analysts have also issued reports on OWLT. Northland Securities began coverage on shares of Owlet in a research report on Wednesday, April 23rd. They issued an “outperform” rating and a $7.00 price target for the company. Lake Street Capital assumed coverage on Owlet in a report on Friday, February 21st. They issued a “buy” rating and a $8.50 target price for the company.

Owlet Stock Performance

NYSE:OWLT opened at $3.95 on Monday. The company has a 50-day moving average of $4.00 and a 200-day moving average of $4.49. Owlet has a 52 week low of $2.75 and a 52 week high of $5.65. The company has a market capitalization of $65.44 million, a price-to-earnings ratio of -1.65 and a beta of 1.52.

Hedge Funds Weigh In On Owlet

Hedge funds have recently added to or reduced their stakes in the company. Essex Investment Management Co. LLC acquired a new position in Owlet during the 4th quarter valued at about $113,000. Granahan Investment Management LLC bought a new stake in shares of Owlet during the fourth quarter worth approximately $145,000. Northern Trust Corp lifted its holdings in Owlet by 68.4% in the fourth quarter. Northern Trust Corp now owns 44,750 shares of the company’s stock valued at $199,000 after buying an additional 18,169 shares during the period. Renaissance Technologies LLC boosted its stake in Owlet by 52.7% in the fourth quarter. Renaissance Technologies LLC now owns 48,437 shares of the company’s stock valued at $216,000 after acquiring an additional 16,718 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in Owlet by 31.0% during the 3rd quarter. Geode Capital Management LLC now owns 58,684 shares of the company’s stock worth $264,000 after acquiring an additional 13,879 shares during the period. Institutional investors own 72.60% of the company’s stock.

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.