The Oura Ring 5 has been announced, featuring a new design and reportedly being the smallest ring yet from the company. Some outlets have compared the Oura Ring 5 to its predecessor, the Oura Ring 4, highlighting new features and upgrades, while others have discussed the device's cost and whether it is worth purchasing. The price of the Oura Ring 5 is mentioned as $399, but there is uncertainty over whether it is the best option, with some suggesting the Oura Ring 4 may be a better choice, especially if it is discounted.