By Nicholas G. Miller
Shares of Owlet fell after the company guided for first-quarter revenue below Wall Street's expectations.
The stock slid 24% to $8.95 in premarket trading. Through Thursday's close, it was down 27% this year.
The company forecast first-quarter revenue of $20 million to $21 million. Analysts are predicting $26.2 million, according to FactSet.
Owlet guided for full-year revenue of $126 million to $130 million. Wall Street sees $128.1 million.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
March 06, 2026 06:16 ET (11:16 GMT)
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