Owlet: The Business Is Growing, But The Stock Isn't
Seeking Alpha reports that Owlet remains a buy despite flat stock performance, supported by strong Q2 results including record revenue of $33.9M (up 29.9% YoY) and gross margin rebounding to 54% on subscription growth. Management maintained its 2026 guidance of $120M revenue and $8M EBITDA, with international and subscription segments cited as key growth drivers.
Why it matters — OWLT watchers would care because the strong record revenue, margin expansion, and maintained guidance signal continued business growth even as the stock price has remained flat.