OFRM · NYSE · Packaged Foods

Once Upon a Farm (OFRM)

Sells organic pouches, bars, frozen meals, and snacks for babies and kids.

$17.27
Pre-market−0.54 (−3.03%)
At close$17.81(+2.53%)
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Once Upon A Farm PbcOFRMConsumer Staples

Sells organic baby and kids' foods through refrigerated pouches, bars, frozen meals, and pantry snacks, with sales primarily in the United States. Pouches and snacks carry the business inside one reportable segment, with growth tied to distribution, cooler placement, and new product introductions.

Makes organic foods for babies and kids under the Once Upon a Farm brand, with refrigerated pouches, refrigerated bars, frozen meals, and pantry snacks. Sales are primarily in the United States, across retail distribution and direct subscription flows.

Execution centers on cold-chain products, expanded cooler placement, incremental distribution, and new product introductions. The business reports as one operating segment, so product categories matter more than segment accounting.

Public benefit corporation status frames a childhood-nutrition mission built around organic, farm-fresh food with no added sugar, preservatives, or artificial ingredients. The model depends on refrigerated retail availability, consumer acceptance of organic kids' food, and competition from larger packaged-food companies and private-label retailers.

Company facts

CEOJohn Foraker
ListedFeb 6, 2026
ExchangeNYSE
HeadquartersBerkeley, CA
CountryUnited States
Employees153
CIK0001696556
ISINUS68237F1084

Market cap$746.6M
EPS (ttm)−$0.2200
P/E (ttm)−80.82
ROE-91.6%
P/B4.81
P/S2.59
Dividend yieldDiv yield
Beta1.01vs XLP 1.46

Price target$21.00+18.1%Avg of 4 analysts
ConsensusHold3 of 4 analysts
Ratings

Target rangeAs of Sep 2, 2026

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 10, 2026BarclaysReiterateEqual Weight$18$19
May 8, 2026Evercore ISITarget$23
May 8, 2026BarclaysTarget$20$18
Apr 14, 2026BarclaysReiterateEqual Weight$20

EPSReportedEstimate

Jan '26Mar '26May '26Aug '26
Reported−$0.24$0.11−$0.35−$0.12
Estimate$0.10−$0.32−$0.19
Surprise+5.8%−8.2%+36.7%

RevenueReportedEstimate

Jan '26Mar '26May '26Aug '26
Reported$66.0M$64.0M$72.7M$85.4M
Estimate$63.0M$64.3M$77.4M
Surprise+1.6%+13.0%+10.4%
Estimate−$0.19
Reported−$0.12+36.7%
Estimate$77.4M
Reported$85.4M+10.4%
View details

Debt to equity0.10%
Current ratio400.80%

ProfitabilityRevenueNet incomeNet margin

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$50.6M$60.0M$66.0M$64.0M$72.7M$85.4M
Net income−$19.5M−$9.0M−$11.3M$22.5M−$15.8M−$5.0M
Net margin0.0%0.0%0.0%35.2%0.0%0.0%

GrowthOperating income

Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income−$9.2M$20.0K−$1.1M$4.5M−$16.1M−$5.6M
YoY growth−28,295.0%

Balance sheet, Jun 30, 2026Cash & short-term investments $93.5M · Total debt $166.0K · Total assets $202.6M · Shareholders' equity $155.3M

Revenue
$85.4M
Operating income
−$5.6M
Net income
−$5.0M
View details

No dividends on record.

Institutions99 holders · as of Mar 31, 202640.50%17.01M shares
Otherremainder59.50%24.98M shares

41.99M company shares as of Aug 21, 2026 · institutions as of Mar 31, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Westwood Holdings Group IncInstitution
4.81%2.02M13Fas of Mar 31, 2026
Bamco Inc /NY/Institution
4.17%1.75M13Fas of Mar 31, 2026
Millennium Management LLCInstitution
3.10%1.30M13Fas of Mar 31, 2026
FMR LLCInstitution
3.06%1.29M13Fas of Mar 31, 2026
AllianceBernstein L.P.Institution
3.04%1.28M13Fas of Mar 31, 2026
See all 25

13F — a manager's quarterly holdings

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • The Hain Celestial Group

    Earth's Best and Ella's Kitchen compete in organic baby/kids food

  • General Mills

    Annie's overlaps in organic kids snacks and family meals

  • Target

    Good & Gather organic baby pouches compete inside retail channels

  • Walmart

    Parent's Choice organic pouches add low-price mass retail pressure

ComparePre-market

CompanyPriceChange
Once Upon a Farm$17.27−3.03%$746.6M235.52.6
The Hain Celestial Group$0.6750−2.40%$61.9M6.80.0−13.3%
General Mills$40.14−1.14%$21.66B13.41.2+1.2%
Target$163.45+0.07%$74.23B16.917.70.7+5.3%
Walmart$106.18+0.11%$844.27B38.335.41.1+5.9%
Median27.615.50.9+3.2%