Hims Hers Health Inc logo

Hims Hers Health Inc(HIMS)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
2-STAR RATING
PASS
LAST CLOSE
$27.85
09/15/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for HIMS

09/15/2026: HIMS (2-star) is currently NOT-A-BUY. Pass it for now.

Hims & Hers is a digital health company that leverages a direct-to-consumer subscription model to provide access to telehealth and personalized wellness products. Its main strengths include a recognizable brand and an efficient user experience that drives high subscriber retention. The company's primary growth story centers on its expansion into high-demand areas like GLP-1 weight loss and chronic condition management. However, it faces significant risks from stiff competition, regulatory scrutiny over telehealth practices, and potential margin compression in commoditized markets. The stock may suit growth-oriented investors who can tolerate high volatility while monitoring the company's ability to maintain sustainable profit margins and regulatory compliance.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe company shows high top-line growth potential in the expanding digital health and wellness market.
Momentum investorStrong fit while signal remains positiveStrong revenue growth and market interest often lead to significant price momentum in this stock.
Value investorWeak fitThe company is not currently valued based on traditional value metrics like P/E, given its growth-at-all-costs phase.
Dividend investorWeak fitThe company does not pay a dividend and prioritizes capital reinvestment.
Low-risk investorWeak fitThe high volatility and regulatory risks make this unsuitable for risk-averse investors.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighThe stock is prone to sharp swings based on growth narratives and market conditions.
Valuation riskMedium / highHigh growth expectations are priced into the stock, leaving little margin for error.
Competition risk (Telehealth incumbents)HighHeavy competition from well-capitalized retailers and specialized telehealth peers threatens market share.
Business qualityMediumThe reliance on online marketing and generic commoditized products creates a challenging moat.
Dividend incomeLow / noneInvestors should not expect income from this equity.
Execution riskMedium / highSuccess depends on rapidly launching and scaling new health categories while maintaining quality.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type Stock
Historic Profit 112.37%
Avg. Invested days 29
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 4.0
Stock Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/15/2026

Upturn Scorecard

Upturn Star Rating

HIMS receives a 3-star rating, supported by solid company fundamentals, and solid analyst coverage. The rating is constrained by soft unit economics, soft quantitative characteristics, and weak price momentum.

Company Fundamentals

HIMS has solid overall fundamentals (4 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, moderate earnings growth (+1.8%) and strong revenue growth (+59.0%) are partially offset by soft cash generation (FCF margin 3.2%), soft profitability (net margin 5.5%), modest insider ownership of 4.97%.

Financial Health Rating

HIMS's financial health is supported by solid cash strength, including free-cash-flow generation (3.2% of revenue). Profitability is moderate (3 stars), which helps explain the 3-star overall score.

Growth Momentum Score

Revenue growth is HIMS's strongest growth driver at +59.0% FY2025 versus FY2024 (strong, 5 stars). By comparison, while earnings growth (+1.8%, moderate) and free-cash-flow growth (-62.7%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

Institutional ownership is 71.5% and approximately 95.0% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 4.97% provides only moderate management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 11.29%
Vanguard Portfolio Management, LLC 4.36%
Vanguard Capital Management, LLC 4.00%
Morgan Stanley - Brokerage Accounts 3.81%
State Street Corp 3.20%

Unit Economics (Per $1K Revenue)

HIMS generates approximately $738 of gross profit, $45 of operating income, and $32 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

Effective Tax Rate: -3.58% (Tax Credit)

Quantitative Style Profile

HIMS has a liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

High VolatilitySmall / Mid Cap RiskShort Squeeze RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 6.72B USD
Price to earnings Ratio -
1Y Target Price 31.29
Price to earnings Ratio -
1Y Target Price 31.29
Volume (30-day avg) 11.4M shares
Beta 2.41
52 Weeks Range 13.74 - 65.30
Updated Date 09/15/2026
52 Weeks Range 13.74 - 65.30
Updated Date 09/15/2026
Dividends yield (FY) -
Basic EPS (TTM) -0.64

How Company Makes Money

Business areaWhat it includesRetail investor read
DTC SubscriptionsMonthly recurring fees for consultations and medications.Most revenue comes from recurring subscription plans, providing predictable cash flow.
Telehealth ConsultationsPlatform fees and clinical services access.The company earns revenue by connecting users to medical experts via its platform.

Analyzing Revenue: Products, Geography and Growth

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE -
Forward PE 71.43
Enterprise Value 7.43B
Price to Sales(TTM) 2.61
Enterprise Value 7.43B
Price to Sales(TTM) 2.61
Enterprise Value to Revenue 2.76
Enterprise Value to EBITDA 205.86
Shares Outstanding 224.94M
Shares Floating 213.69M
Shares Outstanding 224.94M
Shares Floating 213.69M
Percent Insiders 4.97
Percent Institutions 71.47

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About Hims Hers Health Inc

Exchange NYSE
Headquarters San Francisco, CA, United States
IPO Launch date 2019-09-13
Co-Founder, Chairman & CEO Mr. Andrew Dudum
Sector Healthcare
Industry Drug Manufacturers - Specialty & Generic
Full time employees 2442
Full time employees 2442

Hims & Hers Health, Inc. operates as a consumer-first health and wellness platform that connects consumers to licensed healthcare professionals in the United States, the United Kingdom, Canada, Germany, the Republic of Ireland, France, Spain, Australia, and internationally. The company offers a range of curated prescription and non-prescription health and wellness products and services available to purchase on its websites and mobile application directly by customers. It also provides personalized health and wellness products; over-the-counter drug and device products, cosmetics, and supplement products primarily focusing on general wellness, skincare, sexual health and wellness, and hair care under the Hims & Hers brand name; and laboratory testing services to measure a set of biomarkers. Additionally, it offers medical consultation, post-consultation support services, and delivery of laboratory testing results services. Further, the company provides treatments and products for various chronic conditions related to hormone health, weight loss, dermatology, and mental health. The company offers its products through retail partnerships, in stores, and online. The company was formerly known as Hims, Inc. and changed its name to Hims & Hers Health, Inc. in January 2021. The company was founded in 2017 and is based in San Francisco, California.