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The latest announcement is out from Owlet ( (OWLT) ).
On June 11, 2025, Owlet, Inc. and its subsidiary Owlet Baby Care, Inc. entered into a First Amendment to their Credit and Security Agreement with financial institutions and ABL OPCO LLC. This amendment modifies financial covenants, increases allowable capital expenditures, and expands borrowing eligibility against certain accounts receivable, potentially enhancing the company’s financial flexibility and operational capacity.
The most recent analyst rating on (OWLT) stock is a Buy with a $15.00 price target. To see the full list of analyst forecasts on Owlet stock, see the OWLT Stock Forecast page.
Spark’s Take on OWLT Stock
According to Spark, TipRanks’ AI Analyst, OWLT is a Neutral.
Owlet’s overall stock score is driven by strong earnings call sentiment and technical analysis indicating upward momentum. However, significant financial performance challenges and valuation concerns weigh heavily on the score, highlighting the need for financial stabilization and improved profitability.
To see Spark’s full report on OWLT stock, click here.
More about Owlet
Owlet, Inc. operates in the baby care industry, primarily focusing on developing products and services aimed at improving infant health and safety.
Average Trading Volume: 47,411
Technical Sentiment Signal: Hold
Current Market Cap: $117M
For an in-depth examination of OWLT stock, go to TipRanks’ Overview page.