# Once Upon A Farm, PBC (OFRM)

> Source: Nexqual · https://nexqual.com/OFRM · data as of 2026-10-29 20:00 UTC · cite as "Nexqual, Once Upon A Farm, PBC (OFRM), nexqual.com/OFRM" · informational, not investment advice.

**Price:** USD 15.97 (-1.72% on the day) · last close of Oct 29, 2026; US market closed, not a live price. Prev close 16.25 · day 15.87–16.51 · 52w 14–27 · market cap $671M · NYQ

## Key facts
- 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 +14.8%; 5Y -24.1% vs S&P 500 +79.1%.
- Next earnings: 2026-11-12, EPS estimate USD -0.09, revenue estimate $88.2M. All companies reporting that day: https://nexqual.com/earnings/2026-11-12
- Dividend: OFRM paid no cash dividend in the last five years.
- Short interest: 27.59% of float (as of 2026-10-15), 14.3 days to cover.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
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

## Analysts
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)
|  | 1Y (from 2026-02-06) | 5Y (from 2026-02-02) |
|---|---|---|
| Total return | -22.8% | -24.1% |
| S&P 500 (SPY) | +14.8% | +79.1% |
| Per year | — | — |
| Volatility (annualized) | 61.6% | 63.0% |
| Max drawdown | -44.1% (Feb 2026→Jun 2026) | -38.3% (Feb 2026→Apr 2026) |

## Dividends
OFRM paid no cash dividend in the last five years.

## Short interest
5,616,331 shares sold short, 27.59% of the float, as of Oct 15, 2026 (exchange short-interest report, published about twice a month). Prior report (Sep 15, 2026): 5,242,373 shares (+7.1%). Days to cover: 14.3 (short shares ÷ average daily volume).

## Peers (Packaged Foods)
INGR (Ingredion Incorporated) USD 95.59 +1.42% · CPB (The Campbell's Company) USD 21 +1.99% · PPC (Pilgrim's Pride Corporation) USD 27.61 +4.66% · CAG (ConAgra Brands, Inc.) USD 14.09 +1.22% · SFD (Smithfield Foods, Inc.) USD 18.55 +0.49% · LW (Lamb Weston Holdings, Inc.) USD 53.29 -0.37%

## More
Full page: https://nexqual.com/OFRM · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.09 | $0.05 | −$0.14 | $88.2M | 6 |
| Next quarter (ends 2026-12-31) | $0.20 | $0.18 | +14.0% | $85.6M | 6 |
| Current fiscal year (ends 2026-12-31) | $-0.38 | $-0.33 | −$0.05 | $331.9M | 5 |
| Next fiscal year (ends 2027-12-31) | $0.44 | $0.42 | +3.8% | $440.7M | 5 |

## Earnings history and stock reaction
| Results filed | Quarter | EPS | Consensus | Surprise | Stock reaction |
|---|---|---|---|---|---|
| — | Quarter ended Jun 30, 2026 | −$0.09 | −$0.17 | Beat +47.1% | — |
| — | Quarter ended Dec 31, 2025 | $0.11 | $0.08 | Beat +37.5% | — |
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).
