Analysts Set Owlet, Inc. (NYSE:OWLT) Target Price at $20.00

Posted by Brian Himes on May 22nd, 2026

Owlet, Inc. (NYSE:OWLT – Get Free Report) has been assigned a consensus rating of “Hold” from the five ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $20.00.

OWLT has been the subject of a number of recent analyst reports. Weiss Ratings downgraded Owlet from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, May 4th. Wall Street Zen raised Owlet from a “strong sell” rating to a “sell” rating in a research report on Sunday, May 10th. TD Cowen reaffirmed a “buy” rating on shares of Owlet in a research report on Friday, March 6th. Finally, Zacks Research downgraded Owlet from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd.

View Our Latest Research Report on OWLT

Insiders Place Their Bets

In other news, CEO Jonathan Harris sold 12,676 shares of Owlet stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $11.50, for a total value of $145,774.00. Following the completion of the sale, the chief executive officer owned 339,336 shares of the company’s stock, valued at $3,902,364. The trade was a 3.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Amanda Crawford sold 6,892 shares of the business’s stock in a transaction dated Friday, February 27th. The shares were sold at an average price of $11.50, for a total value of $79,258.00. Following the sale, the chief financial officer directly owned 212,800 shares of the company’s stock, valued at approximately $2,447,200. This trade represents a 3.14% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 52.20% of the stock is owned by insiders.

Institutional Investors Weigh In On Owlet

A number of institutional investors have recently added to or reduced their stakes in OWLT. Eclipse Operations LLC purchased a new stake in Owlet during the fourth quarter valued at about $124,677,000. AWM Investment Company Inc. purchased a new stake in Owlet during the fourth quarter valued at about $28,304,000. Granahan Investment Management LLC grew its position in Owlet by 72.8% during the first quarter. Granahan Investment Management LLC now owns 1,186,655 shares of the company’s stock valued at $6,099,000 after acquiring an additional 499,906 shares during the period. Russell Investments Group Ltd. purchased a new stake in Owlet during the fourth quarter valued at about $3,662,000. Finally, Vanguard Group Inc. grew its position in Owlet by 86.3% during the third quarter. Vanguard Group Inc. now owns 389,840 shares of the company’s stock valued at $3,302,000 after acquiring an additional 180,619 shares during the period. Hedge funds and other institutional investors own 72.60% of the company’s stock.

Owlet Price Performance

Shares of NYSE:OWLT opened at $5.71 on Friday. The company has a market cap of $165.47 million, a P/E ratio of -1.86 and a beta of 1.84. The company has a quick ratio of 1.33, a current ratio of 1.71 and a debt-to-equity ratio of 0.09. Owlet has a 52 week low of $4.19 and a 52 week high of $16.94. The business has a fifty day simple moving average of $5.34 and a 200-day simple moving average of $10.02.

Owlet (NYSE:OWLT – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.09) EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.09. The business had revenue of $22.46 million during the quarter, compared to analysts’ expectations of $20.84 million. Equities research analysts forecast that Owlet will post -0.63 EPS for the current year.

About Owlet

(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.

Founded in 2013 by engineer and father Kurt Workman, Owlet is headquartered in Lehi, Utah.