ŌURA Announces Launch of Initial Public Offering
The smart ring maker plans to sell 50 million shares at $40 to $44 each, with Goldman Sachs, Morgan Stanley and J.P. Morgan as lead underwriters.
- On Monday, September 21, 2026, health intelligence platform Oura announced its initial public offering of 50 million shares, planning to list on the Nasdaq under ticker symbol "OURA."
- Founded in Finland in 2013, the company reached about $11 billion valuation last October following a late-stage funding round led by Fidelity Management that raised over $900 million.
- Revenue surged roughly 74% year-over-year to $1.21 billion for the nine months ended June 30, while Oura expects approximately 5.7 million Paid Members by fiscal 2026 end, representing 96 percent year-over-year growth.
- Oura seeks to raise as much as $2.2 billion at an indicated price range of $40 to $44 per share, with Eli Lilly and investment firm Dragoneer indicating interest in purchasing up to $100 million and $300 million, respectively.
- Goldman Sachs, Morgan Stanley, and J.P. Morgan lead underwriters for the offering, which is expected next week and may test whether investors classify wearables as healthcare devices or consumer electronics.
13 Articles
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'Oura will not receive any proceeds': inside a $2.2bn IPO
Oura spent the first nine months of its financial year buying its own shares back from its investors. On Monday it started selling them to everybody else. The Finnish smart ring maker launched its initial public offering before the New York open. It is marketing 50 million shares at $40 to $44 each. At the […] This story continues at The Next Web
Oura targets $15.62 billion valuation in US IPO, setting stage for fall listings - Regional Media News
Sept 21 (Reuters) - Smart ring maker Oura is targeting a fully diluted valuation of $15.62 billion in its US initial public offering, as the fall listing window looks to kick back into action after a subdued start marked by market volatility. The deal will [...]
The price of one Oura share is expected to be $40–44 when the smart ring manufacturer lists on the US stock exchange in the near future.
Smart ring maker Oura, shareholders look to raise up to $2.2 billion in US IPO
Sept 21 (Reuters) – Smart ring maker Oura said on Monday it is seeking to raise as much as $2.2 billion in its US initial public offering, as the fall listing window looks to kick back into action after a subdued start marked by market volatility. Weight-loss drugmaker Eli Lilly has indicated interest in purchasing up to $100 million of shares in the offering, while investment firm Dragoneer has indicated interest in buying up to $300 mi…
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