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

OneWater Marine (NASDAQ:ONEW) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 0.250-0.750 for the period, compared to the consensus 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.

OneWater Marine Stock Down 2.5%

ONEW stock opened at $12.89 on Friday. The firm has a market capitalization of $213.07 million, a PE ratio of -1.82 and a beta of 1.64. The company has a quick ratio of 0.28, a current ratio of 1.14 and a debt-to-equity ratio of 1.17. OneWater Marine has a twelve month low of $10.14 and a twelve month high of $21.00. The stock’s 50 day moving average is $11.99 and its 200-day moving average is $14.31.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ONEW shares. Zacks Research upgraded shares of OneWater Marine from a “strong sell” rating to a “hold” rating in a research report on Monday, January 12th. KeyCorp reduced their target price on shares of OneWater Marine from $17.00 to $16.00 and set an “overweight” rating for the company in a research report on Friday, November 14th. Truist Financial lifted their price target on shares of OneWater Marine from $16.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. Benchmark reiterated a “hold” rating on shares of OneWater Marine in a research note on Friday, November 14th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of OneWater Marine in a research report on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $17.00.

Trending Headlines about OneWater Marine

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

• Positive Sentiment: Q1 results beat EPS expectations — reported ($0.04) vs. consensus ($0.39), and revenue of $380.6M essentially matched estimates; management called out modestly better gross margins and execution. Business Wire: Q1 Results
• Positive Sentiment: Market reaction: shares initially jumped (reports say nearly +10%) on the earnings beat and better‑than‑expected margins. Investing.com: Shares Soar After Beat
• Neutral Sentiment: Management reiterated portfolio optimization progress and said benefits will be realized over time — positive for medium‑term margin recovery but not an immediate revenue catalyst. Yahoo: Q1 Call Highlights
• Neutral Sentiment: Analyst consensus remains cautious — the brokerage average rating is a “Hold,” reflecting tempered expectations despite the beat. American Banking News: Analyst Ratings
• Negative Sentiment: FY‑2026 guidance came in below Street expectations: EPS guidance $0.25–$0.75 vs. consensus ~$0.64 and revenue guidance ~$1.8B–$1.9B (vs. roughly $1.9B consensus). That conservative outlook likely erased some of the post‑earnings gains and is the main reason the stock moved lower today.
• Negative Sentiment: Financial/structural headwinds remain: recent filings show negative net margins and meaningful leverage (debt/equity ~1.17), leaving the stock sensitive to margin recovery and cash‑flow execution.

Institutional Trading of OneWater Marine

A number of large investors have recently modified their holdings of ONEW. AQR Capital Management LLC purchased a new position in OneWater Marine in the 1st quarter worth approximately $345,000. Goldman Sachs Group Inc. lifted its position in OneWater Marine by 8.2% in the first quarter. Goldman Sachs Group Inc. now owns 101,291 shares of the company’s stock valued at $1,639,000 after purchasing an additional 7,659 shares during the last quarter. Marshall Wace LLP raised its holdings in OneWater Marine by 290.9% during the 2nd quarter. Marshall Wace LLP now owns 92,042 shares of the company’s stock valued at $1,232,000 after buying an additional 68,494 shares during the last quarter. Raymond James Financial Inc. boosted its position in OneWater Marine by 94.7% during the 2nd quarter. Raymond James Financial Inc. now owns 20,948 shares of the company’s stock valued at $280,000 after buying an additional 10,189 shares during the period. Finally, Jane Street Group LLC boosted its position in OneWater Marine by 126.6% during the 2nd quarter. Jane Street Group LLC now owns 25,831 shares of the company’s stock valued at $346,000 after buying an additional 122,976 shares during the period. Institutional investors own 94.32% of the company’s stock.

OneWater Marine Company Profile

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.