# Oura seeks up to $2.2 billion in U.S. IPO

_Published Monday, September 21, 2026 at 7:20 PM EDT · Capital, Products · Latest · Tier 2 — Notable_

![Oura seeks up to $2.2 billion in U.S. IPO — Primary](https://moneycheck.com/wp-content/uploads/2026/09/Oura.webp)

Smart-ring maker Oura began its U.S. initial public offering roadshow, seeking to sell 50 million shares at $40 to $44 each and raise as much as $2.2 billion. Pricing at the top of the range would give the company a fully diluted value of approximately $15.62 billion, with Nasdaq trading expected under the symbol OURA after pricing next week.

Oura reported $1.21 billion in revenue for the nine months ended June 30, up 74% year over year, alongside a $924 million net loss. Indications of interest from Eli Lilly and Dragoneer are not binding commitments.

## Sources

- [MoneyCheck](https://moneycheck.com/oura-smart-ring-company-seeks-15-6-billion-valuation-in-upcoming-ipo/)

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Canonical: https://techandbusiness.org/newswire/kDDUzIWXK56PgF7GX3k9fa
Published: 2026-09-21T23:20:50.290Z
Story chronology: 2026-09-21T17:47:14.000Z
Retrieved: 2026-09-22T01:17:00.516Z
Publisher: Tech & Business (techandbusiness.org)