Oatly Group (NASDAQ:OTLY) Posts Quarterly Earnings Results, Hits Expectations

Oatly Group (NASDAQ:OTLY) issued its quarterly earnings data on Wednesday. The company reported ($0.99) earnings per share for the quarter, hitting the consensus estimate of ($0.99), Zacks reports. Oatly Group had a negative net margin of 17.06% and a negative return on equity of 432.75%. The firm had revenue of $240.09 million for the quarter, compared to analysts’ expectations of $219.09 million.

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

• Oatly reported a strong second quarter with 15.2% revenue growth and positive adjusted EBITDA of $0.4 million, while gross margin improved 140 basis points to 33.9%.
• Management raised full-year 2026 constant-currency revenue growth guidance to 8%-10% from 3%-5%, citing stronger-than-expected execution of its growth playbook and brand investments.
• The company said it is still absorbing cost pressure from the Middle East conflict, mainly through logistics and packaging, and expects those headwinds to remain broadly in line with Q2 levels in the second half.
• Growth was broad-based across regions, with Europe and International revenue up 18% and North America up 5.9%, supported by volume growth, mix, and gains in new and existing customers.
• Oatly said its China strategic review is ongoing and expected to be completed before year-end, with options including a potential carve-out to maximize business value.

Oatly Group Price Performance

NASDAQ OTLY opened at $10.78 on Thursday. The company has a current ratio of 0.45, a quick ratio of 0.32 and a debt-to-equity ratio of 43.43. The firm has a market capitalization of $336.66 million, a P/E ratio of -2.16 and a beta of 1.85. Oatly Group has a 12-month low of $8.01 and a 12-month high of $18.84. The firm’s fifty day simple moving average is $9.32 and its two-hundred day simple moving average is $10.58.

Oatly Group News Summary

Here are the key news stories impacting Oatly Group this week:

• Positive Sentiment: Oatly reported Q2 revenue of about $240.1 million, well above Wall Street’s estimate of $219.1 million, while EPS matched expectations. The company also said demand was strong and highlighted progress toward profitability. Oatly Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Management lifted 2026 revenue guidance to roughly $908.8 million-$925.6 million, signaling stronger sales momentum and better visibility into the rest of the year. Why Oatly Stock Jumped Today
• Positive Sentiment: The company said new flavors and drink formats are expanding its appeal, which could help sustain growth beyond the current quarter. Why Oatly Stock Jumped Today
• Neutral Sentiment: Barclays reiterated its Buy rating on Oatly, reinforcing a constructive view from one analyst but not changing the fundamentals by itself. Barclays Remains a Buy on Oatly Group (OTLY)
• Negative Sentiment: Despite the upbeat quarter, Oatly still reported a large loss and negative margins, so investors may remain cautious about how quickly the business can reach sustained profitability.

Analysts Set New Price Targets

OTLY has been the topic of several analyst reports. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Oatly Group in a report on Wednesday, June 24th. Barclays reaffirmed an “overweight” rating and issued a $12.00 price objective (down from $14.00) on shares of Oatly Group in a research note on Tuesday. Finally, Morgan Stanley set a $12.55 price target on Oatly Group in a research note on Thursday, April 30th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Oatly Group currently has a consensus rating of “Hold” and a consensus price target of $14.14.

Insider Activity

In related news, insider Martin Fredrik Lind sold 2,968 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $8.96, for a total value of $26,593.28. Following the completion of the transaction, the insider directly owned 18,088 shares of the company’s stock, valued at $162,068.48. This trade represents a 14.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Simon Kenneth James Broadbent sold 7,820 shares of the business’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $8.95, for a total transaction of $69,989.00. Following the sale, the senior vice president directly owned 62,845 shares in the company, valued at approximately $562,462.75. This represents a 11.07% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 12,722 shares of company stock worth $113,872 over the last ninety days. 1.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oatly Group

Several hedge funds have recently made changes to their positions in the company. UBS Group AG increased its holdings in shares of Oatly Group by 1.5% in the third quarter. UBS Group AG now owns 646,591 shares of the company’s stock valued at $10,475,000 after purchasing an additional 9,620 shares during the period. Credit Agricole S A purchased a new stake in Oatly Group in the third quarter valued at approximately $2,098,000. Renaissance Technologies LLC acquired a new position in Oatly Group in the 4th quarter worth approximately $315,000. Goldman Sachs Group Inc. raised its position in Oatly Group by 80.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 27,481 shares of the company’s stock worth $294,000 after buying an additional 12,249 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Oatly Group during the 4th quarter worth approximately $252,000. 68.15% of the stock is owned by institutional investors and hedge funds.

Oatly Group Company Profile

Oatly Group is a Sweden-based food and beverage company specializing in the development, production and sale of oat-derived dairy alternatives. The company’s product lineup includes oat-based drinks, ice cream, yogurts, spreads and cooking creams, all marketed under the Oatly brand name. By leveraging proprietary processing technology, Oatly extracts the nutritional benefits of oats—such as soluble fiber and plant protein—while delivering taste and texture profiles that closely mimic traditional dairy products.

Founded in 1994 as a spin-off from research at Lund University, Oatly initially focused on exploiting the health and functional benefits of oat beta-glucans.