Oatly Group AB, an oatmilk company, provides a range of plant-based dairy products made from oats in Sweden. It offers Barista edition oatmilk, oatgurts, frozen desserts, ice-creams, and yogurts; ready-to-go drinks, such as cold brew latte, mocha latte, matcha latte, and mini oat drink in original and chocolate flavors; and cooking products, including Cooking Cream, in regular and organic, Crème Fraiche, Whipping Cream, Vanilla Custard and Spreads in a variety of flavors. The company was formerly known as Havre Global AB and changed its name to Oatly Group AB in March 2021. The company was founded in 1994 and is headquartered in Malmö, Sweden.
IPO Year: 2021
Exchange: NASDAQ
Website: https://www.oatly.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/25/2024 | Neutral → Outperform | Exane BNP Paribas | |
| 3/1/2024 | $1.50 | Buy | DA Davidson |
| 2/20/2024 | $1.25 | Equal-Weight | Morgan Stanley |
| 8/2/2023 | Overweight → Neutral | JP Morgan | |
| 7/31/2023 | $7.00 → $1.80 | Outperform → Sector Perform | RBC Capital Mkts |
| 5/5/2023 | Neutral → Underperform | Exane BNP Paribas | |
| 1/18/2023 | $2.50 → $6.00 | Neutral → Buy | Mizuho |
| 9/13/2022 | Outperform → Neutral | Credit Suisse | |
| 3/11/2022 | $7.00 → $6.00 | Neutral | Mizuho |
| 3/11/2022 | $20.00 → $14.00 | Outperform | RBC Capital |
MALMÖ, Sweden, July 10, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the appointment of Marie-Jose David as Chief Financial Officer (CFO), effective October 1, 2023. Ms. David will lead Oatly's global finance function, reporting directly to Oatly's CEO Jean-Christophe Flatin. She succeeds Christian Hanke, who has served as CFO since 2020. Mr. Hanke, who assisted in the search process, has chosen to step down from the company and will continue to serve as CFO through September 30 to support the transition. "I am delighted to welcome Marie-Jose to lead our global financial team as w
Oatly Group (NASDAQ:OTLY) reported quarterly losses of $(0.05) per share which beat the analyst consensus estimate of $(0.07) by 28.57 percent. This is a 66.67 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $202.19 million which beat the analyst consensus estimate of $201.17 million by 0.51 percent. This is a 3.17 percent increase over sales of $195.99 million the same period last year.
U.S. stock futures were mixed this morning, with the Dow futures gaining around 20 points on Tuesday. Shares of NXP Semiconductors N.V. (NASDAQ:NXPI) fell sharply in today's pre-market trading following mixed second-quarter earnings. NXP said second-quarter revenue decreased 5% year-over-year to $3.127 billion, beating analyst estimates of $3.125 billion. The company reported adjusted earnings of $3.20 per share, narrowly missing estimates of $3.21 per share, per Benzinga Pro. NXP said it expects third-quarter revenue to be in the range of $3.15 billion to $3.35 billion versus estimates of $3.35 billion. The company sees third-quarter adjusted earnings in the range of $3.21 to $3.63
Details of the Oatly/EF Pro Cycling sponsorship include:Training Camp Naming Rights: EF Pro Cycling's training camps will now be known as "Oatly Performance Camps" providing ample collaboration opportunities for research and meal-planning to incorporate Oatly's dairy-free products into athletes diets.Prominent Logo Placements: Oatly's logo will now appear on team uniforms worn while racing and training, and across several EF Pro Cycling properties, including team cars, buses, trucks, chef and soigneur vans.Event-Specific Activations and Integrations: Oatly and EF Pro Cycling will partner to deliver dairy-free fan activations in key markets, hospitality programs, post-event parties, and rider
Non-alcoholic beverage maker Mixoloshe has officially rebranded as Smashd — a fitting name considering what one of the startup’s recent employees has been up to as of late. What Happened: When Mixoloshe launched in 2022, it racked up a number of awards for its various mocktail options, including Blueberry G&Ts and Tropical Smoky Margaritas. Despite the tasty product, and the rising “sober curious” trend, interest in Mixoloshe waned. A part of that struggle was simply breaking through the noise. After all, there are approximately 3,810 non–alcoholic beverage companies in the U.S., alone. And cracking the algorithm code on social media to sell a brand is tricky, depending on the pla
https://www.statnews.com/2024/05/24/bird-flu-raw-milk-nejm-study-unpasteurized-h5n1-virus-made-mice-sick/?utm_campaign=rss
Gainers Elevai Labs (NASDAQ:ELAB) shares rose 22.7% to $0.8 during Wednesday's after-market session. The company's market cap stands at $13.8 million. Vintage Wine Estates (NASDAQ:VWE) shares rose 4.99% to $0.24. The market value of their outstanding shares is at $14.5 million. Herbalife (NYSE:HLF) shares moved upwards by 4.52% to $9.07. The market value of their outstanding shares is at $905.3 million. As per the press release, Q1 earnings came out today. Edible Garden AG (NASDAQ:EDBL) shares rose 4.08% to $5.1. The company's market cap stands at $1.5 million. Sprouts Farmers Market (NASDAQ:SFM) stock moved upwards by 3.81% to $66.74. The company's market cap stands at $6.7 billion. As
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MALMÖ, Sweden, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertis
MALMÖ, Sweden, June 27, 2024 (GLOBE NEWSWIRE) -- Oatly, the world's original and largest oatmilk company, today announced it has entered into a multi-year sponsorship of EF Pro Cycling, one of the world's most prestigious professional cycling organizations and the longest running team in the United States. As part of the partnership, Oatly will become an "Official Performance Partner" of the Men's and Women's Teams and the "Official Worldwide Co-Title Sponsor" of the Women's team, now known as "EF-Oatly-Cannondale." "One of our key objectives is to bring the Oatly magic to more people and this partnership with EF Pro Cycling is certainly geared towards that. As one of the most popular a
MALMÖ, Sweden, June 24, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
MALMÖ, Sweden, May 15, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY) ("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the results of its Annual General Meeting of shareholders (the "AGM") held on May 15, 2024. The AGM adopted, inter alia, the following resolutions: Adoption of the income statement and balance sheet, disposition regarding the Company's results and discharge from liability The AGM adopted the Company's profit and loss account and the balance sheet as well as the consolidated profit and loss account and consolidated balance sheet. The AGM resolved, in accordance with the board of directors' proposal, that no d
MALMÖ, Sweden, April 01, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the first quarter ended March 31, 2024, on Tuesday, April 30, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
Following weeks of speculation, website leaks, and lackluster Reddit comments, the world's original and largest oatmilk company finally reveals top secret plans to bring the league's 121st team to a city near you – but definitely not to Malmö, Sweden, which would be cool, but there's no baseball stadium there MALMÖ, Sweden, March 28, 2024 (GLOBE NEWSWIRE) -- Oatly, the world's original and largest oatmilk company, is pleased to announce yet another corporate sponsorship innovation, bringing The Malmö Oat Milkers to Minor League Baseball™ (MiLB™). The announcement of the league's 121st team, made during MLB Tonight's March 27 evening broadcast, is part of the oatmilk company's ongoing mu
MALMÖ, Sweden, March 25, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oatmilk company, today announced a new distribution arrangement with Virgin Voyages, the travel brand known for delivering epic vacations and a boutique hotel-like experience at sea. Now available within all cafes across the Virgin Voyages fleet, Oatly Barista Edition serves as the travel brand's official oatmilk of choice for all guests aboard, also referred to as Sailors. Able to serve more than 2,700 guests per trip to destinations across the Caribbean, Europe, Transatlantic and more, Virgin Voyages is known not only for its one-of-a-kind onboard
MALMÖ, Sweden, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oatmilk company, today announced the launch of Oatly Oatmilk Creamers in the US, a new beverage innovation that joins the brand's growing fluid portfolio aimed at inspiring increased use in coffee occasions. Available in a lineup of four classic flavors: Sweet & Creamy, Vanilla, Caramel, and Mocha, Oatly Creamers are designed to swirl seamlessly into drip and other at-home coffee applications adding a touch of sweetness to each brew. With plant-based creamers up 13% in dollar sales and 9% in unit sales, respectively, in the last 52 weeks1, Oatly b
MALMÖ, Sweden, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oatmilk company, today announced a new national partnership with Carvel®, the cult classic ice cream shoppe best known for its soft serve and character cakes. Oatly's non-dairy frozen desserts are now available at nearly 300 Carvel shoppes across 18 states in the U.S., giving guests a delicious, dairy-free way to experience the time-honored ice cream shoppe's signature menu items. With its innovative approach to creating oat-based products, Oatly is able to deliver a delightful range of premium, non-dairy frozen desserts that don't compromise on great t
MALMÖ, Sweden, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the fourth quarter ended December 31, 2023, on Thursday, February 15, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing exp
Exane BNP Paribas upgraded Oatly Group AB from Neutral to Outperform
DA Davidson initiated coverage of Oatly Group AB with a rating of Buy and set a new price target of $1.50
Morgan Stanley resumed coverage of Oatly Group AB with a rating of Equal-Weight and set a new price target of $1.25
JP Morgan downgraded Oatly Group AB from Overweight to Neutral
RBC Capital Mkts downgraded Oatly Group AB from Outperform to Sector Perform and set a new price target of $1.80 from $7.00 previously
Exane BNP Paribas downgraded Oatly Group AB from Neutral to Underperform
Mizuho upgraded Oatly Group AB from Neutral to Buy and set a new price target of $6.00 from $2.50 previously
Credit Suisse downgraded Oatly Group AB from Outperform to Neutral
Mizuho reiterated coverage of Oatly Group with a rating of Neutral and set a new price target of $6.00 from $7.00 previously
RBC Capital reiterated coverage of Oatly Group with a rating of Outperform and set a new price target of $14.00 from $20.00 previously
MALMÖ, Sweden, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the third quarter ended September 30, 2024, on Thursday, November 7, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertis
MALMÖ, Sweden, June 24, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2024, on Wednesday, July 24, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
MALMÖ, Sweden, May 15, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY) ("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the results of its Annual General Meeting of shareholders (the "AGM") held on May 15, 2024. The AGM adopted, inter alia, the following resolutions: Adoption of the income statement and balance sheet, disposition regarding the Company's results and discharge from liability The AGM adopted the Company's profit and loss account and the balance sheet as well as the consolidated profit and loss account and consolidated balance sheet. The AGM resolved, in accordance with the board of directors' proposal, that no d
MALMÖ, Sweden, April 01, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the first quarter ended March 31, 2024, on Tuesday, April 30, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise arou
MALMÖ, Sweden, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the fourth quarter ended December 31, 2023, on Thursday, February 15, 2024, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing exp
MALMÖ, Sweden, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the third quarter ended September 30, 2023, on Thursday, November 9, 2023, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertis
MALMÖ, Sweden, June 27, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the second quarter ended June 30, 2023, on Thursday, July 27, 2023, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise a
MALMÖ, Sweden, May 25, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY)("Oatly" or the "Company"), the world's original and largest oat drink company, today announced the results of its Annual General Meeting of shareholders (the "AGM") held on May 25, 2023. The AGM adopted, inter alia, the following resolutions: Adoption of the income statement and balance sheet, disposition regarding the Company's results and discharge from liability The AGM adopted the Company's profit and loss account and the balance sheet as well as the consolidated profit and loss account and consolidated balance sheet. The AGM resolved, in accordance with the board of directors' proposal, that no dividend w
MALMÖ, Sweden, April 13, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the first quarter ended March 31, 2023, on Tuesday, May 9, 2023, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing expertise around
MALMÖ, Sweden, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Oatly Group AB (NASDAQ:OTLY), the world's original and largest oat drink company, will report financial results for the fourth quarter and full year ended Dec. 31, 2022, on Wednesday, March 15, 2023, before the U.S. market opens. Oatly will host a conference call and webcast at 8:30 a.m. ET on the same day to discuss the results. The conference call and simultaneous live webcast can be accessed on Oatly's Investors website at https://investors.oatly.com under "Events." The webcast will be archived for 30 days. About Oatly We are the world's original and largest oat drink company. For over 25 years, we have exclusively focused on developing