Oatly Group AB (OTLY) AI Stock Analysis

Oatly Group AB specializes in plant-based dairy alternatives crafted from oats. Headquartered in Sweden, the company is known for its Barista edition oatmilk, which is widely utilized by coffee professionals. Its product portfolio spans oatgurts, frozen desserts, ice creams, and yogurts, along with ready-to-drink options like cold brew lattes, mocha lattes, matcha lattes, and mini oat drinks in original and chocolate varieties. Oatly also manufactures cooking products including Cooking Cream, Crème Fraiche, Whipping Cream, Vanilla Custard, and various spreads tailored for both commercial food service operators and retail consumers.

Oatly grew revenue from $643.2M in FY2021 to $862.5M in FY2025, reflecting a 5-year compound annual growth rate of 15.4%. Gross margin improved from a low of 11.1% in FY2022 to 32.1% in FY2025. Operating margin also improved over that span, rising from -54.8% in FY2022 to -7.9% in FY2025. Annual net losses peaked at -$416.9M in FY2023 before narrowing to -$152.8M in FY2025, with EPS finishing at -$3.82. For the trailing twelve months ended June 30, 2026, revenue stood at $925.0M with quarterly revenue growing 15.2% year-over-year, while TTM operating margin was -7.5% and EPS was -$4.20.

As of June 30, 2026, Oatly held $44.6M in cash and short-term investments against total debt of $549.1M, creating net debt of $504.4M. Total assets stood at $744.0M, while shareholders' equity was -$24.5M, reflecting negative equity, and the current ratio was 0.43. Operating cash flow improved from -$114.4M in FY2024 to -$23.7M in FY2025. Free cash flow was -$36.1M in FY2025 compared to -$495.4M in FY2021, and FY2025 capital expenditures were $12.4M.

At a last close of $11.25 on October 16, 2026, Oatly carried a market capitalization of $359.0M and an enterprise value of $891.5M. The stock trades at a price-to-sales multiple of 0.4x and an EV-to-revenue multiple of 1.0x, compared to a price-to-sales median of 0.7x for the median of its US-listed Consumer Defensive peers. Its price-to-book multiple stands at 79.9x. Over the past year, OTLY shares dropped 18.8% while the S&P 500 (SPY) gained 16.8%, and over five years the stock has declined 96.1% against an 83.0% gain for the benchmark.

Consensus ratings include 1 Strong Buy, 2 Buys, and 2 Holds, with no Sell ratings. The mean price target is $18.50, which sits 64.4% above the last close of $11.25. For the fiscal year ending December 31, 2026, analysts estimate revenue of $960.5M and an EPS of -$2.56. For FY2027, revenue is projected at $1.02B with an EPS of -$2.08. Oatly has beaten EPS estimates in 2 of the trailing 4 quarters, and its next earnings release is scheduled for October 28, 2026.

This page is an AI-written research summary of Oatly Group AB (OTLY). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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