Oura smart ring IPO roadshow launches, targets $2.2 billion

September 21, 2026

Oura has launched its IPO roadshow, targeting up to $2.2 billion by selling 50 million shares at $40–$44 each, with Nasdaq trading under “OURA” expected next week. The company posted $1.21 billion in revenue for the first nine months of 2026, up about 74% year over year, and expects roughly 5.7 million paid members by year-end. The offering implies a fully diluted valuation near $15.62 billion, even as Oura confronts a proposed class-action lawsuit over the accuracy of its sleep-stage tracking. yahoo!