OneWater Marine (NASDAQ:ONEW) Updates FY 2026 Earnings Guidance

OneWater Marine (NASDAQ:ONEW) issued an update on its FY 2026 earnings guidance on Friday morning. The company provided EPS guidance of 0.250-0.750 for the period, compared to the consensus EPS estimate of 0.640. The company issued revenue guidance of $1.8 billion-$1.9 billion, compared to the consensus revenue estimate of $1.9 billion.

Analyst Upgrades and Downgrades

ONEW has been the subject of several analyst reports. Weiss Ratings restated a “sell (d-)” rating on shares of OneWater Marine in a research report on Thursday, January 22nd. KeyCorp decreased their price objective on shares of OneWater Marine from $17.00 to $16.00 and set an “overweight” rating on the stock in a research note on Friday, November 14th. Truist Financial upped their target price on OneWater Marine from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Zacks Research upgraded OneWater Marine from a “strong sell” rating to a “hold” rating in a research note on Monday, January 12th. Finally, Benchmark reissued a “hold” rating on shares of OneWater Marine in a report on Friday, November 14th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $17.00.

OneWater Marine Stock Performance

NASDAQ ONEW opened at $13.28 on Friday. The firm’s fifty day moving average price is $12.03 and its two-hundred day moving average price is $14.30. The stock has a market cap of $219.52 million, a PE ratio of -1.97 and a beta of 1.64. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.28 and a current ratio of 1.14. OneWater Marine has a fifty-two week low of $10.14 and a fifty-two week high of $21.00.

OneWater Marine (NASDAQ:ONEW) last announced its quarterly earnings results on Thursday, January 29th. The company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.39) by $0.35. The company had revenue of $380.56 million during the quarter, compared to analysts’ expectations of $380.32 million. OneWater Marine had a positive return on equity of 4.09% and a negative net margin of 5.88%. On average, equities analysts expect that OneWater Marine will post 1.57 EPS for the current fiscal year.

Key Headlines Impacting OneWater Marine

Here are the key news stories impacting OneWater Marine this week:

• Positive Sentiment: Q1 beat on EPS and matched revenue: OneWater reported EPS of ($0.04) vs. consensus ($0.39) and revenue roughly in line at $380.6M — the unexpected EPS outperformance sparked an immediate stock rally. Investing.com: OneWater shares soar
• Positive Sentiment: Margin expansion and inventory strategy cited by management: Executives attribute better-than-expected gross margins to favorable model mix and portfolio optimization, and say a stronger inventory position helped execution — items that support near-term profitability improvements. Yahoo Finance: Q4 deep dive
• Neutral Sentiment: Company describes Q1 as “solid” with a narrowing loss and continued portfolio optimization; operational execution seen as steady but market conditions remain described as flat. Marine Industry News: Q1 results
• Neutral Sentiment: Analyst coverage remains cautious: brokerages’ average rating is a “Hold,” reflecting uncertainty about durable margin and revenue acceleration despite the quarter’s positives. American Banking News: Analyst ratings
• Negative Sentiment: FY26 guidance is mixed and somewhat conservative: management set EPS guidance of $0.25–$0.75 (consensus ~ $0.64) and revenue guidance of $1.8B–$1.9B (vs. consensus ~ $1.9B). The EPS midpoint and lower bound on revenue are below expectations, which caps upside absent stronger execution.

Hedge Funds Weigh In On OneWater Marine

Several large investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its stake in shares of OneWater Marine by 94.4% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,872 shares of the company’s stock valued at $45,000 after purchasing an additional 1,395 shares during the period. JPMorgan Chase & Co. grew its stake in OneWater Marine by 50.0% during the third quarter. JPMorgan Chase & Co. now owns 8,129 shares of the company’s stock worth $129,000 after purchasing an additional 2,710 shares during the period. Occudo Quantitative Strategies LP bought a new stake in OneWater Marine in the third quarter worth approximately $192,000. Two Sigma Investments LP acquired a new position in OneWater Marine in the third quarter valued at approximately $219,000. Finally, Brevan Howard Capital Management LP bought a new position in shares of OneWater Marine during the 2nd quarter worth approximately $222,000. Institutional investors own 94.32% of the company’s stock.

About OneWater Marine

OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services. Since its public debut in 2018, the company has built a broad network of locations that serve both coastal and inland markets. OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.

Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.