Oura launches roadshow, targeting up to a $15.6 billion valuation
Oura has launched its IPO roadshow with subscription growth as the core pitch; pricing and allocations remain to be settled.
Original event 2026-09-21
Oura launched its IPO roadshow on September 21, targeting a Nasdaq debut under the ticker OURA during the week of September 28.
The company is offering 50 million shares priced between $40 and $44, implying a market capitalization of roughly $12.8 to $14.1 billion, about $15.6 billion fully diluted. This is an offering range; the financing is not yet completed.
Per regulatory filings as relayed in the report, subscription revenue grew 121% year over year to $240.5 million in the nine months ended June 30, 2026, with net income of $60.8 million; Eli Lilly indicated interest in buying up to $100 million of shares.