OFRM
Once Upon A Farm PbcConsumer Defensive·Packaged Foods
$15.45
$106M market cap
Revenue
$136.8M
Free Cash Flow
$-22.7M
Rev Growth
+0.0%
FCF Margin
-16.6%
P/FCF
--
EV/FCF
--
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Once Upon A Farm, PBC produces and sells organic baby food pouches, meals, and snacks for children. The company provides products that include blends and meals made with organic ingredients, which are cold-pressed or freshly frozen. It also produces soft-baked bars for toddlers and children, suitable for lunchboxes and on-the-go consumption. Its offerings are available for delivery and can be purchased through its website. The company was founded in 2017 and is based in Berkeley, California.
2-Year Price History
$15.84-24.8%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 72.7 | -15.7 | -16.2 | -15.8 | -12.8 | -14.3 | -1.5 | 99.9 | 0.2 | 41.9 | -22.9% | -37.3x | -- |
| Act | 2025-Q4 | 64.0 | 23.6 | 4.5 | 22.5 | -6.7 | -8.4 | -1.7 | 10.9 | 60.3 | 40.2 | 30.0% | 31.3x | -- |
Valuation & Metrics
Market Stats
Price$15.45
Market Cap$106M
Enterprise Value$6M
P/S Ratio0.8x
P/FCF--
EV/FCF--
FCF Margin (TTM)-16.6%
FCF Yield-21.3%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$136.8M
Net Income$6.7M
Free Cash Flow$-22.7M
Revenue Growth (YoY)+0.0%
EBITDA Margin5.8%
Net Margin4.9%
FCF Margin-16.6%
CapEx % of Revenue2.3%
SBC % of Revenue0.8%
ROIC3.5%
WC Change % Rev-9.0%
Interest Coverage6.8x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares3.7M
Days to Cover9.1
Change (vs Prior)+5.5%
Need at least 2 settlement dates for chart
Employees
Headcount144
Revenue / Employee$949,618
Gross Profit / Employee$418,292
Cash Runway
52.9months
WATCH
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
242.3%
84 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
15.1%
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%
1 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
Not enough quarterly ownership history to chart yet.
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| WESTWOOD HOLDINGS GROUP INC | $33.0M | $16.35 | +$33.0M | +$33.0M | — | $13.73B |
| BAMCO INC /NY/ | $28.6M | $16.35 | +$28.6M | +$28.6M | — | $33.05B |
| MILLENNIUM MANAGEMENT LLC | $21.3M | $16.35 | +$21.3M | +$21.3M | — | $127.40B |
| FMR LLC | $21.0M | $16.35 | +$21.0M | +$21.0M | — | $1.89T |
| ALLIANCEBERNSTEIN L.P. | $20.9M | $16.35 | +$20.9M | +$20.9M | — | $307.70B |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $11.8M | $16.35 | +$11.8M | +$11.8M | — | $297.48B |
| FEDERATED HERMES, INC. | $9.8M | $16.35 | +$9.8M | +$9.8M | — | $61.33B |
| Alyeska Investment Group, L.P. | $8.2M | $16.35 | +$8.2M | +$8.2M | — | $35.33B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $8.0M | $16.35 | +$8.0M | +$8.0M | — | $113.45B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $7.5M | $16.35 | +$7.5M | +$7.5M | — | $4.04T |
| JANUS HENDERSON GROUP PLC | $7.3M | $16.35 | +$7.3M | +$7.3M | — | $209.29B |
| CITADEL ADVISORS LLC | $7.1M | $16.35 | +$7.1M | +$7.1M | — | $138.22B |
| Hood River Capital Management LLC | $6.8M | $16.35 | +$6.8M | +$6.8M | — | $9.97B |
| 12 West Capital Management LP | $6.0M | $16.35 | +$6.0M | +$6.0M | — | $592M |
| BALYASNY ASSET MANAGEMENT LLC | $5.9M | $16.35 | +$5.9M | +$5.9M | — | $48.01B |
| EMERALD ADVISERS, LLC | $5.7M | $16.35 | +$5.7M | +$5.7M | — | $3.16B |
| UBS Group AG | $4.7M | $16.35 | +$4.7M | +$4.7M | — | $562.11B |
| BlackRock, Inc.Passive | $4.3M | $16.35 | +$4.3M | +$4.3M | — | $5.69T |
| ExodusPoint Capital Management, LP | $4.0M | $16.35 | +$4.0M | +$4.0M | — | $10.04B |
| LAZARD ASSET MANAGEMENT LLC | $4.0M | $16.35 | +$4.0M | +$4.0M | — | $60.69B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-0.51%
avg per quarter
Holders (ex-self)
—
excl. this stock
Buyers (this Q)
-0.51%
93 buyers · $0.28B in
Sellers (this Q)
+0.00%
0 sellers · $0.00B out
alpha coverage: 97% of $ has a lifetime-alpha record
Holder behavior (holder profile)source: holder
On big dips (−10%+)
-9.2%
how holders react when this stock falls
On quiet Qs
-5.2%
−10% to +10% baseline
On rallies (+10%+)
-7.2%
how they react when this stock rises
Holders' portfolio flow this Q
+1.8%
inflows — adds are organic
Sellers' portfolio flow this Q
+0.0%
Sellers' overall flow ~ flat.
New buyers this quarter
WESTWOOD HOLDINGS GROUP INC+$0.03BBAMCO INC /NY/+$0.03BMILLENNIUM MANAGEMENT LLC+$0.02BFMR LLC+$0.02BALLIANCEBERNSTEIN L.P.+$0.02BMASSACHUSETTS FINANCIAL SERVICES CO /MA/+$0.01BFEDERATED HERMES, INC.+$0.01BAlyeska Investment Group, L.P.+$0.01BMANUFACTURERS LIFE INSURANCE COMPANY, THE+$0.01BVANGUARD CAPITAL MANAGEMENT LLC+$0.01B
Top-5 holders · 45.0%
WESTWOOD HOLDINGS GROUP INC--
BAMCO INC /NY/--
MILLENNIUM MANAGEMENT LLC--
FMR LLC--
ALLIANCEBERNSTEIN L.P.--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
Not enough holder history to plot.
Analyst Coverage
Analyst Coverage
Price Targets
Last Quarter (3 analysts)$20.333160.0%
Last Year (3 analysts)$20.333160.0%
Current Price$15.45
Analyst Ratings
3
Hold: 3Consensus: Hold
Corporate
Order Flow (FINRA, ~3w lag)
28.1%retail-3.3pp
22.2%dark-4.3pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.