Once Upon A Farm, PBC (OFRM) Stock Price & Analysis
Once Upon A Farm, PBC (OFRM) closed at USD 16.25 on Wednesday, October 28, 2026, up 1.06% on the day. The US market is currently closed (after-hours); this is not a live price.
The prior close was USD 16.08; the Oct 28, 2026 session ranged USD 15.85–16.41 on volume of 355,875 shares. Market capitalization is $682.35M, with a 52-week range of USD 14–27 (NYQ). Source: Nexqual, retrieved October 28, 2026 at 23:31 UTC.
Also available as compact Markdown for AI agents: nexqual.com/OFRM.md
Key facts (OFRM)
- Insider open-market sales, last ~7 months: 6 Form 4 filings, $67K; 6 not under a Rule 10b5-1 plan ($67K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.30 on a 1–5 scale) (10 analysts), mean target USD 24.94 (range 18–38).
- Total return with dividends: 1Y -22.8% vs S&P 500 +13.6%; 5Y -22.8% vs S&P 500 +79.8%.
- Next earnings: 2026-11-05, EPS estimate USD -0.09, revenue estimate $88.2M.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (OFRM)
P/S 2.5x · EV/Sales 2.2x · P/B 4.4x · FCF yield -5.79% · Earnings yield -7.22% · Net cash $93.5M · EV $589M
Insider sales (SEC Form 4, open-market, last ~7 months) (OFRM)
0 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-14 | Folena Chris | Chief Accounting Officer | 662 | $11K | 5.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-14 | Waldman Lawrence Steven | See Remarks | 1,102 | $19K | 1.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-09-14 | Curtis Cassandra Nicole | Chief Innovation Officer | 68 | $1K | 0% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10 | Waldman Lawrence Steven | See Remarks | 1,206 | $22K | 1.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10 | Folena Chris | Chief Accounting Officer | 724 | $13K | 5.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-10 | Curtis Cassandra Nicole | Chief Innovation Officer | 75 | $1K | 0% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (OFRM)
Consensus Buy (mean 2.30 on a 1–5 scale), 10 analysts; mean target USD 24.94 (low 18, high 38).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-13 | TD Cowen | Target lowered | Hold | $20 → $18 |
| 2026-10-08 | Freedom Broker | Initiated | Buy | $24.5 |
| 2026-08-10 | Barclays | Target raised | Equal-Weight | $18 → $19 |
| 2026-08-07 | JP Morgan | Target raised | Overweight | $22 → $26 |
Total return (dividends reinvested) (OFRM)
| 1Y (from 2026-02-06) | 5Y (from 2026-02-02) | |
|---|---|---|
| Total return | -22.8% | -22.8% |
| S&P 500 (SPY) | +13.6% | +79.8% |
| Per year | — | — |
| Volatility (annualized) | 61.6% | 62.9% |
| Max drawdown | -44.1% (Feb 2026→Jun 2026) | -38.3% (Feb 2026→Apr 2026) |
OFRM earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| Aug 6, 2026 | Quarter ended Jun 30, 2026 | −$0.09 | −$0.17 | Beat +47.1% | +4.1% |
| May 7, 2026 | Quarter ended Mar 31, 2026 | — | — | — | +11.7% |
| Mar 12, 2026 | Quarter ended Dec 31, 2025 | $0.11 | $0.08 | Beat +37.5% | -8.8% |
EPS as reported against the analyst consensus before the release; surprise uses the cent-rounded figures shown (in dollars when EPS and consensus have opposite signs). Stock reaction = close before the results to close after (the first close following a release after the bell or before the open).
OFRM recent SEC filings (last 120 days)
| Filed | Form | What it says |
|---|---|---|
| Oct 27, 2026 | Schedule 13G/A | Integrated Core Strategies (US) LLC, Millennium Management LLC: 3.7% of shares, passive 5%+ holder (amended) |
| Oct 19, 2026 | 8-K | Director or executive officer change, or pay arrangement; Regulation FD disclosure “On October 19, 2026, the Board of Directors (the "Board") of Once Upon A Farm, PBC (the "Company"), increased the number of directors serving on the Board from nine (9) to ten (10) and appointed Scott Morris to the Board as a Class I director to fill the resulting vacancy and to serve until the end of Class I's term expiring at the next annual meeting of stockholders of the Company and until his successor shall be elected and qualified. Mr. Morris was not appointed to serve on any committees at this time. Mr.…” |
| Aug 12, 2026 | Schedule 13G/A | WESTWOOD HOLDINGS GROUP INC: 4.8% of shares, passive 5%+ holder (amended) |
| Aug 6, 2026 | 10-Q | Quarterly report · period ended Jun 30, 2026 |
| Aug 6, 2026 | 8-K | Quarterly results |
Source: SEC EDGAR. Quotes are the opening words of each item as filed; each form links to the filing. Insider Form 4 filings are listed in the insider sections.
OFRM revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Kids Product | $43.9M | 51.4% | +21.7% |
| — Kid Pouches (part of Kids Product) | $36.3M | 42.5% | +21.2% |
| — Kid Snacks (part of Kids Product) | $7.6M | 8.9% | +24.3% |
| Baby Product | $41.5M | 48.6% | +73.2% |
| — Baby Snacks (part of Baby Product) | $29.6M | 34.7% | +76.4% |
| — Baby Pouches (part of Baby Product) | $11.3M | 13.2% | +74.6% |
| — Baby Other (part of Baby Product) | $552,000 | 0.6% | -18.3% |
| Total revenue | $85.4M | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
OFRM suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Kroger (KR) | “Our products are available at leading retail customers, including Target, Whole Foods, Kroger, Walmart, Publix, and Wegmans.” |
| Customer | Walmart (WMT) | “Our products are available at leading retail customers, including Target, Whole Foods, Kroger, Walmart, Publix, and Wegmans.” |
| Customer | Costco (COST) | “Club: Our customers in this channel include national retailers such as Costco, Sam’s Club, and BJ’s.” |
| Customer | Amazon (AMZN) | “E-commerce: Our customers in this channel purchase our products online through our own DTC platform or through third-party e-commerce and delivery platforms such as Instacart, Amazon, and Thrive Market.” |
| Customer | Shopify (SHOP) | “The Company generates revenue primarily through the sales of Pouches, snacks and other products for babies and kids to end customers through retail channels, which include traditional brick-and-mortar stores, e-commerce platforms and delivery platforms, as well as directly to consumers through a direct-to-consumer (“DTC”) platform hosted on Shopify that the Company operates.” |
Quoted from the company's 10-K filed Mar 16, 2026.
OFRM customer concentration
In the period ended Jun 30, 2026, 4 direct customers each accounted for at least 10% (21%, 21%, 14%, 12%) of revenue, per the company's 10-Q filed Aug 6, 2026. The company does not name them.
OFRM company outlook (results filed Aug 6, 2026)
- “For full year 2026, the Company expects: • Net sales of $327 million to $335 million, representing growth of 36% to 39% versus 2025 • Adjusted EBITDA of $3 million to $4.5 million Outlook is based on information as of today, August 6, 2026, and may be impacted by factors outside the Company's control.”
Quoted word-for-word from the SEC 8-K results press release.
OFRM analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.09 | $0.05 | −$0.14 | $88.2M | 6 |
| Next quarter (ends Dec 2026) | $0.20 | $0.18 | +14.0% | $85.6M | 6 |
| Current fiscal year (ends Dec 2026) | $-0.38 | $-0.33 | −$0.05 | $331.9M | 5 |
| Next fiscal year (ends Dec 2027) | $0.44 | $0.42 | +3.8% | $440.7M | 5 |
OFRM options: expected move
Options price a move of about ±16.2% (±$2.60) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 3 reports the stock moved ±8.2% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 23 | 77.2% | ±16.2% |
| Dec 18, 2026 | 51 | 77.7% | ±23.2% |
| Jan 15, 2027 | 79 | 69.8% | ±25.3% |
| Apr 16, 2027 | 170 | 74.9% | ±38.9% |
30-day implied volatility 64.4% vs 35.4% realized over the last 30 trading days. Put/call ratio (volume) 0. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 28, 2026 at 23:31 UTC)
| Price | USD 16.25 |
|---|---|
| Change | ▲ 1.06% (up) |
| Previous Close | USD 16.08 |
| Open | USD 15.99 |
| Day Range | USD 15.85 – 16.41 |
| 52-Week Range | USD 14 – 27 |
| Volume | 355,875 shares |
| Market Cap | $682.35M |
| Exchange | NYQ |
Technical Analysis (OFRM)
Nexqual's technical model rates OFRM "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 28, 2026 at 23:31 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 47.87 (neutral) |
| vs SMA50 | Below (USD 16.69) |
| MACD | -0.12 (negative) |
Analyst Ratings (OFRM)
Wall Street analysts rate OFRM "Buy" based on 10 analysts, with a mean price target of USD 24.94 (range USD 18–38), per Nexqual as of October 28, 2026 at 23:31 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 10 |
| Mean Target | USD 24.94 |
| High Target | USD 38 |
| Low Target | USD 18 |
| Buy / Hold / Sell | 6 / 4 / 0 |
Earnings (OFRM)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD -0.09 |
| Revenue Estimate | $88.23M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.09 vs est -0.17 ▲ beat |
| 2025-12-31 | USD 0.11 vs est 0.08 ▲ beat |
Source: Nexqual, October 28, 2026 at 23:31 UTC.
Financials & Fundamentals (OFRM)
| Total Revenue | $288.17M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +42.30% |
| Gross Margin | +41.18% |
| Operating Margin | -6.60% |
| Profit Margin | -3.30% |
| ROE | -16.01% |
| Debt / Equity | 0 |
| Current Ratio | 4.01 |
| Total Cash | $93.54M |
| Total Debt | $166,000 |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$39.49M (-14.7% of revenue) |
Source: Nexqual, October 28, 2026 at 23:31 UTC.
Financial Health Score (OFRM)
Nexqual rates Once Upon A Farm, PBC's overall financial health "Mixed" across five dimensions, as of October 28, 2026 at 23:31 UTC.
| Growth | Strong — Revenue +42% YoY (latest Q) |
|---|---|
| Profitability | Weak — Gross margin 39%, operating -12% (last 4 quarters to Jun 2026, SEC) |
| Balance Sheet | Strong — $94M cash and investments, no debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$39M (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -32%, ROA -24.3% (last 4 quarters, SEC) |
Ownership (OFRM)
| Insider Ownership | +20.82% |
|---|---|
| Institutional Ownership | +86.26% |
| Shares Outstanding | 41.99M |
| Float | 15.66M |
| Short % of Float | +27.59% |
Source: Nexqual, October 28, 2026 at 23:31 UTC.
Leadership (OFRM)
Once Upon A Farm, PBC is led by John M. Foraker, Co-Founder, CEO & Chairman, per Nexqual as of October 28, 2026 at 23:31 UTC.
| Co-Founder, CEO & Chairman | John M. Foraker |
|---|---|
| President & CFO | Lawrence Waldman |
| Co-Founder, Chief Innovation Officer & Director | Cassandra Nicole Curtis |
| Co-Founder, Farmer Jen & Director | Jennifer Anne Garner |
| Chief Marketing Officer | Katie Marston |
Major Backers & Investors (OFRM)
Notable institutional backers of Once Upon A Farm, PBC include Millennium Management, Westwood Holdings Group Inc., BAMCO Inc., according to Nexqual as of October 28, 2026 at 23:31 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Millennium Management | 4.9% |
| Westwood Holdings Group Inc. | 4.69% |
| BAMCO Inc. | 4.17% |
| Alliancebernstein L.P. | 3.71% |
| BARON INVESTMENT Fd.S TRT -Baron Small Cap Fd. | 3.57% |
| FMR, LLC | 3.02% |
| Nicholas Investment Partners, LP | 1.87% |
| AB CAP FUND, INC.-AB Small Cap Growth Portfolio | 1.82% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 2.05% |
Source: Nexqual, October 28, 2026 at 23:31 UTC.
From Once Upon A Farm, PBC's Latest SEC 10-K Filing (filed 2026-03-16)
Key Strengths & Strategy (as disclosed to the SEC)
- Our products are available at leading retail customers, including Target, Whole Foods, Kroger, Walmart, Publix, and Wegmans.
- We believe approximately 38% of the U.S. market is comprised of tracked channels with the remaining 62% in untracked channels such as Costco, e-commerce, and Food Service.
- Although we rely on our contract manufacturers for their high-pressure processing capabilities, we remain actively involved in directing and advising them throughout the formulation, blending, and packaging stages to ensure our proprietary specifications and quality standards are met.
- We are continually enhancing our proprietary formulas and refining processes across our products and manufacturing operations.
Partnerships
- With our extensive experience and expertise in manufacturing and procurement, developed in collaboration with our trusted partners, we believe we are well-positioned to consistently deliver the highest quality, premium products to our consumers while also ensuring profitability and sustainability for Once Upon a Farm. 17 Numerator, Six months post-March 2024 launch.
- As just one example of this devotion, we proudly formed our A Million Meals program in partnership with the non-profit organization, Save the Children.
Legal & Regulatory Risks (Item 1A, quoted)
- We are subject to significant governmental regulation and failure to comply with such regulations may have a material adverse effect on our business, financial condition, and results of operations.
- Failure by our network of farms, suppliers of raw materials, co-packers, or co-manufacturers to comply with food safety, environmental or other laws and regulations, or with the specifications and requirements of our products, may disrupt our supply of products and adversely affect our business.
- Changes in existing laws or regulations, or the adoption of new laws or regulations, may increase our costs and otherwise adversely affect our business, financial condition, and results of operations.
- The regulatory environment in which we operate could change significantly and adversely in the future, particularly in light of the rapidly evolving focus on public health and food regulation by the U.S. presidential administration.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| INGR | Ingredion Incorporated | USD 94.25 | ▼ 0.49% |
| CPB | The Campbell's Company | USD 20.59 | ▼ 0.44% |
| PPC | Pilgrim's Pride Corporation | USD 26.38 | ▼ 2.62% |
| CAG | ConAgra Brands, Inc. | USD 13.92 | ▼ 2.25% |
| SFD | Smithfield Foods, Inc. | USD 18.46 | ▲ 0.71% |
| LW | Lamb Weston Holdings, Inc. | USD 53.49 | ▼ 0.54% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 28, 2026 at 23:31 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt