Once Upon a Farm (OFRM) Surges 16.9% in IPO Debut Amid Robust Kids' Food Offering

Once Upon a Farm (OFRM) surged 16.9% in its IPO debut on February 03, 2026, as the Jennifer Garner-backed premium kids' food company went public during a steady start to the year for IPOs. The company offers refrigerated pouches, oat and protein bars, puffs, and melts for children aged 2–5. H1 2025 sales reached $201.6 million, a 64.6% increase from 2018, with sales at Target, Whole Foods, Kroger, Walmart, and Costco, among others. About 40% of ingredients are sourced overseas, but 98% of packaging is domestic; the company has flexibility to shift sourcing if needed. CEO John Foraker noted tariffs had a minor impact and emphasized the public market provides a broader growth stage. This IPO followed others like Bob’s Discount Furniture (BOBS), with Renaissance Capital reporting nine January listings raised $2.6 billion, indicating the IPO market remains on reasonably steady footing.