Once Upon A Farm (NYSE:OFRM) Announces Quarterly Earnings Results

Once Upon A Farm (NYSE:OFRM) announced its earnings results on Thursday. The organic kids food company reported ($0.12) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.06, FiscalAI reports. The business had revenue of $85.39 million for the quarter.

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

• Guidance raised: Once Upon a Farm increased fiscal 2026 net sales guidance to $327 million–$335 million, representing 36%–39% growth, and adjusted EBITDA guidance to $3 million–$4.5 million.
• Strong consumer and retail momentum: Second-quarter net sales rose 42.3% year over year to $85.4 million, while household penetration increased to 6.2% from 5.0% and repeat rates among households with children rose to 52.1%.
• Innovation and distribution are expanding the platform: Baby sales grew 73% and kid sales grew 22%, supported by protein products, snack innovation, cooler placements, and a successful national club program; the company expects approximately 5,000 coolers by year-end 2026 and 8,000 in 2027.
• Near-term margin pressure remains: Second-quarter gross margin fell to 35.9%, and full-year gross margin guidance was reduced to approximately 40% due to product mix, trade spending, fuel and tariff costs, and an additional national club program.
• Profitability and supply-chain initiatives are back-end loaded: Management expects third-quarter adjusted EBITDA to be slightly below the second quarter, with stronger profitability concentrated in the fourth quarter; automation and productivity investments of roughly $25 million–$35 million are expected to provide initial benefits in 2027 and more substantial benefits in 2028.

Once Upon A Farm Trading Up 2.3%

NYSE:OFRM traded up $0.40 during trading hours on Friday, hitting $17.83. The company had a trading volume of 1,000,895 shares, compared to its average volume of 443,027. Once Upon A Farm has a 1 year low of $14.00 and a 1 year high of $27.00. The firm has a market capitalization of $746.95 million and a P/E ratio of -74.28. The business’s 50-day moving average price is $17.85.

Once Upon A Farm News Roundup

Here are the key news stories impacting Once Upon A Farm this week:

• Positive Sentiment: Q2 results exceeded expectations: Once Upon A Farm reported adjusted EPS of a $0.12 loss, beating the $0.18 loss expected by analysts, while revenue reached $85.4 million. Net sales increased 42.3% year over year, and the net loss narrowed to $5.0 million from $9.0 million. Once Upon A Farm quarterly earnings results
• Positive Sentiment: Management raised its outlook: The company issued fiscal 2026 revenue guidance of $327 million to $335 million, above the $319.5 million Wall Street consensus. The improved forecast reinforces expectations for continued sales growth. Once Upon A Farm Reports Second Quarter 2026 Financial Results
• Positive Sentiment: JPMorgan became more bullish: JPMorgan Chase raised its price target from $22 to $26 and assigned an “overweight” rating. The new target implies substantial upside from the stock’s recent trading level, potentially adding momentum to the post-earnings advance. Benzinga analyst update
• Negative Sentiment: Profitability remains a concern: Gross margin declined to 35.9% from 40.7% a year earlier, while the company still posted a net loss and an adjusted EBITDA loss of approximately $1.7 million. Investors may remain focused on whether rapid revenue growth can translate into sustainable profits. Once Upon A Farm second-quarter financial results

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of OFRM. BlackRock Inc. increased its position in Once Upon A Farm by 225.9% during the second quarter. BlackRock Inc. now owns 859,180 shares of the organic kids food company’s stock worth $17,596,000 after purchasing an additional 595,571 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in Once Upon A Farm in the 2nd quarter valued at about $781,000. Finally, Deutsche Bank AG grew its stake in shares of Once Upon A Farm by 3.0% in the 2nd quarter. Deutsche Bank AG now owns 102,990 shares of the organic kids food company’s stock valued at $2,109,000 after buying an additional 2,990 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on OFRM shares. Barclays decreased their price objective on shares of Once Upon A Farm from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Friday, May 8th. JPMorgan Chase & Co. upped their price target on shares of Once Upon A Farm from $22.00 to $26.00 and gave the stock an “overweight” rating in a research report on Friday. TD Cowen decreased their price target 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. Evercore set a $23.00 target price on Once Upon A Farm in a report on Friday, May 8th. Finally, Wall Street Zen downgraded Once Upon A Farm from a “hold” rating to a “sell” rating in a research report on Saturday, May 9th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Once Upon A Farm has an average rating of “Hold” and a consensus price target of $25.75.

Once Upon A Farm Company Profile

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.