Once Upon A Farm (NYSE:OFRM) Issues Earnings Results

Once Upon A Farm (NYSE:OFRM) posted its quarterly earnings results on Thursday. The organic kids food company reported ($0.59) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.38), FiscalAI reports. The business had revenue of $72.72 million during the quarter. The business’s revenue was up 43.7% compared to the same quarter last year.

Here are the key takeaways from Once Upon A Farm’s conference call:

• Q1 results and updated guidance: Net sales grew ~43.7% to $72.7M with gross margin up ~308 bps to 40.8% and adjusted EBITDA loss narrowed to $3.1M; management raised 2026 net sales guidance to $313–$323M while maintaining adjusted EBITDA guidance of $2–$4M.
• Baby segment and cooler momentum: Baby net sales surged 112% to $38.6M, the company added ~18,000 baby distribution points, coolers were 11% more productive versus Q4 and management targets ~5,000 coolers by year-end and 8,000+ in 2027.
• Early innovation traction: New refrigerated protein-forward and other SKUs have begun rolling out and, in stores where placed, have shown >20% increases in cooler productivity during initial trial periods.
• Cost and reinvestment pressures: SG&A rose to $45.8M (driven by ~$10.9M IPO-related stock-based compensation and public-company costs), inventory is up 67.5% to $50.3M, and management expects Q2 margin headwinds from a national club program, fuel surcharges, tariffs, and a snack-heavy mix while reinvesting upside into growth initiatives.

Once Upon A Farm Trading Up 4.8%

Shares of OFRM stock traded up $0.73 during mid-day trading on Friday, reaching $16.03. The company’s stock had a trading volume of 1,294,733 shares, compared to its average volume of 635,536. The firm’s 50 day moving average is $17.44. Once Upon A Farm has a 12-month low of $14.00 and a 12-month high of $27.00.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Bank of America assumed coverage on Once Upon A Farm in a research report on Tuesday, March 3rd. They set a “buy” rating and a $26.00 price target for the company. Weiss Ratings assumed coverage on shares of Once Upon A Farm in a research report on Friday, May 1st. They issued a “sell (e-)” rating for the company. JPMorgan Chase & Co. assumed coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “overweight” rating and a $29.00 target price on the stock. TD Cowen cut their target price on shares of Once Upon A Farm from $26.00 to $18.00 and set a “hold” rating on the stock in a research note on Monday, April 20th. Finally, William Blair assumed coverage on shares of Once Upon A Farm in a research note on Tuesday, March 3rd. They issued an “outperform” rating on the stock. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $26.13.

Insider Activity at Once Upon A Farm

In other news, Director Walter E. Iv Robb purchased 5,555 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was acquired at an average cost of $18.00 per share, with a total value of $99,990.00. Following the acquisition, the director owned 145,970 shares in the company, valued at approximately $2,627,460. This trade represents a 3.96% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

About Once Upon A Farm

Once Upon A Farm (NYSE: OFRM) is a U.S.-based producer of refrigerated organic foods for infants, toddlers and young children. The company’s product lineup emphasizes cold-pressed, organic purees, blends and smoothies formulated for early childhood nutrition. Its offerings are positioned around whole-food ingredients, limited processing and claims of no artificial preservatives or added sugars, with packaging designed for convenience and on-the-go feeding.

Once Upon A Farm distributes its products through a combination of retail and direct-to-consumer channels, serving customers primarily across the United States.