Oura postpones Nasdaq IPO, citing market uncertainty

Oura, the maker of the Oura Ring smart ring, has postponed its planned initial public offering on the Nasdaq stock exchange, citing uncertainty in the IPO market, according to a press release from the company.

The company said the decision came despite what it described as strong demand for the offering. Oura had filed a Registration Statement on Form S-1 with the U.S. Securities and Exchange Commission, which has not yet been declared effective.

Oura said its paid membership base has reached 5.7 million following the launch of the Oura Ring 5. The company also said it is profitable and projects revenue growth of 90% year over year for fiscal year 2026.

"Our mission is to empower people to live healthier, longer, and an IPO is just one step in our journey," said Tom Hale, CEO of Oura. "We aim to deliver an extraordinary IPO for our employees and investors and we have the luxury of choosing our moment. In the meantime, we will execute against the opportunities ahead."

The company did not provide a revised timeline for its IPO.

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