Sources: some potential Oura IPO investors decided to hold off, citing its ~$15B target valuation and poor post-listing performance of peers like Fitbit (Bloomberg)

Potential investors in Oura’s planned IPO have postponed their commitments, citing the company’s ~$15 billion valuation target and the weak post-listing performance of comparable wearable firms such as Fitbit. The decision reflects concerns that Oura’s valuation may be too high relative to peer outcomes, prompting a cautious stance among interested parties.