Oatly Group (NASDAQ:OTLY) Releases Earnings Results, Misses Estimates By $0.05 EPS

Oatly Group (NASDAQ:OTLY) released its earnings results on Wednesday. The company reported ($0.86) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.05), Zacks reports. Oatly Group had a negative return on equity of 37,610.93% and a negative net margin of 9.51%. The firm had revenue of $243.05 million for the quarter, compared to analyst estimates of $241.75 million.

Here are the key takeaways from Oatly Group’s conference call:

• Q3 revenue grew 9.1% (8.9% constant currency), while gross margin expanded 436 basis points to 34.1% and adjusted EBITDA rose to $9.4 million from $3.1 million a year earlier.
• Europe & International remained the main growth engine, with constant-currency revenue up 20.4% and volume up nearly 18%; North America also grew 2.9% and gained share despite a mid-single-digit category decline.
• Oatly cut its 2026 adjusted EBITDA outlook to $16 million–$20 million from $25 million–$35 million, citing sharply higher U.S. fuel and freight costs; management expects pricing increases in North America and potentially Europe beginning in 2027.
• The company launched its Oatly Fiber platform in Europe, with a North American launch planned for January 2027, alongside continued innovation in flavored Barista products and cold foam to expand consumption occasions.
• Free cash flow deteriorated to a $18.4 million outflow in Q3 due to CapEx timing, inventory buildup and working-capital effects, while Greater China revenue fell 19.3% and remains under strategic review, including a potential carve-out.

Oatly Group Stock Performance

NASDAQ OTLY opened at $7.65 on Friday. The company has a current ratio of 0.43, a quick ratio of 0.30 and a debt-to-equity ratio of 43.43. The firm’s fifty day moving average price is $12.32 and its two-hundred day moving average price is $11.33. The firm has a market capitalization of $244.11 million, a P/E ratio of -2.69 and a beta of 1.81. Oatly Group has a 1 year low of $7.38 and a 1 year high of $16.20.

Analyst Upgrades and Downgrades

OTLY has been the topic of several recent research reports. Barclays reiterated an “overweight” rating and set a $10.00 target price on shares of Oatly Group in a research report on Thursday. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a research note on Monday, September 21st. Finally, BNP Paribas Exane cut their target price on Oatly Group from $22.00 to $17.00 and set an “outperform” rating on the stock in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oatly Group presently has an average rating of “Moderate Buy” and a consensus target price of $14.31.

Oatly Group Company Profile

Oatly Group AB is a Sweden-based food and beverage company focused on developing, producing and selling oat-based alternatives to dairy products. Its portfolio includes oat drinks, barista beverages, yogurt-style products, cooking creams, spreads, ice cream and other oat-based foods and beverages.

The company was founded in the 1990s in Sweden, based on research into the nutritional and functional properties of oats. Oatly markets its products under the Oatly brand and emphasizes plant-based nutrition, sustainability and the use of oats as an alternative to dairy ingredients.

Oatly sells its products through grocery retailers, foodservice operators, cafés and e-commerce channels across Europe, North America and parts of Asia.