Overview
Smart infant monitoring firm's Q4 revenue rose 29.6%, beating analyst expectations
Adjusted loss per share for Q4 beat analyst expectations
Outlook
Company expects Q1 2026 revenue between $20 mln and $21 mln
Owlet forecasts full-year 2026 revenue between $126 mln and $130 mln
Company anticipates 2026 gross margins of 49% to 52%
Result Drivers
PRODUCT SALES - Higher sales of Dream product suite and Owlet360 subscription service drove Q4 revenue increase
SUBSCRIPTION GROWTH - Owlet360 subscription service surpassed 110,000 paying subscribers, diversifying revenue streams
Company press release: ID:nBwc7B4b3a
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Beat | $26.60 mln | $26.008 mln (5 Analysts) |
Q4 Adjusted EPS | Beat | -$0.03 | -$0.11 (3 Analysts) |
Q4 EPS | -$0.39 | ||
Q4 Gross Margin | 47.60% | ||
Q4 Gross Profit | $12.60 mln | ||
Q4 Operating Expenses | $17.50 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
Wall Street's median 12-month price target for Owlet Inc is $17.00, about 43.1% above its March 4 closing price of $11.88
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)