OneWater Marine cuts board to eight. OneWater Marine stock sits 44.73 percent below its high
Published on 10/01/2026 at 15:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
OneWater Marine reduced its board from nine directors to eight after Jeffrey B. Lamkin's resignation became effective on September 3, 2026, a change announced by Business Wire on September 8, 2026. OneWater Marine stock stood 44.73 percent below its Nasdaq 52-week high on October 1, 2026, based on a USD 9.59 quote and a USD 17.35 high.
Quarterly revenue misses expectations
OneWater Marine's third-quarter fiscal 2026 revenue reached USD 530.71 million, below the USD 553.73 million consensus cited by MarketBeat on September 10, 2026. Adjusted earnings per share came to USD 0.73 against USD 0.75 expected, making the sales shortfall the clearer pressure point in the quarter.
The company's investor-relations page lists USD 1.9 billion of fiscal 2025 revenue, a 13 percent five-year revenue compound annual growth rate, and 95 retail locations across 19 states, according to OneWater Marine. The scale of the dealership network gives the quarterly revenue figure more context, but it does not remove the gap to expectations reported for the third quarter.
Stock remains below yearly high
On Nasdaq, ONEW was trading at USD 9.59 on October 1, 2026 at 9:30 a.m. ET, up USD 0.06, or 0.63 percent, from the USD 9.53 prior close. The finance snapshot put market capitalization at USD 159.4 million and the 52-week range at USD 8.12 to USD 17.35.
MarketBeat reported a consensus average price target of USD 13.33 on September 10, 2026, alongside two Buy, two Hold, and one Sell rating. The same report said Truist cut its target from USD 15.00 to USD 13.00 on July 6, 2026 while maintaining a Buy rating, showing that the target picture includes a recent downward revision.
November 12 is the next earnings date
Investing.com lists November 12, 2026 as OneWater Marine's next earnings date. Until then, the main investor test is whether revenue can close the USD 23.02 million gap to the third-quarter expectation while the stock remains below its yearly high.
OneWater Marine stock facts
- Company: OneWater Marine Inc.
- Ticker: ONEW
- Primary exchange: Nasdaq Global Market
- Market capitalization: USD 159.4 million (as of October 1, 2026)
- 52-week range: USD 8.12-17.35 (as of October 1, 2026)
- Sector / Industry: Consumer Cyclical / Leisure Products
- Next earnings date: November 12, 2026
