Hims & Hers Health, Inc. (HIMS) AI Stock Analysis
HIMS AI stock analysis summary
AI ResearchHims & Hers Health, Inc. (HIMS) operates a digital telehealth platform delivering health and wellness consultations and treatments. The company expanded its revenue to $2.35B in FY2025 with a 5-year CAGR of 73.6%, though trailing twelve month net margin contracted to -5.5%. Analysts maintain an average price target of $31.15, representing an 11.0% premium over its last close of $28.07.
- Market cap
- $6.55B
- Revenue (TTM)
- $2.58B
- P/E
- — fwd 73.5x
- 1Y return
- -52.5% S&P 500 16.8%
- Avg. target
- $31.15 11.0% vs last close
Bull case
- Revenue expanded at a 5-year CAGR of 73.6% from FY2020 through FY2025, reaching $2.35B.
- Quarterly revenue grew 38.2% year-over-year for the period ended June 30, 2026.
- The business generated $300.0M in operating cash flow and $74.0M in free cash flow in FY2025.
Bear case
- Trailing twelve month performance swung to an operating margin of -12.8% and an EPS of -$0.64.
- Short interest is elevated, with short percent of float recorded at 28.2%.
- Valuation multiples remain high, with an EV to EBITDA multiple of 205.9x compared to the peer median of 12.0x.
What Hims & Hers Health does
Hims & Hers Health, Inc. operates a telehealth platform that connects consumers directly with licensed healthcare professionals through its websites and mobile application. The company provides consultations and personalized treatments focused on sexual health and wellness, skincare, hair care, and overall wellness. Its offerings include prescription medications alongside non-prescription products, such as over-the-counter drugs, devices, cosmetics, and dietary supplements including vitamin C, melatonin, biotin, and collagen protein. Its skincare line includes moisturizers, serums, and cleansers, while sexual health products include condoms, lubricants, vibrators, and climax delay sprays. Hims & Hers distributes products through direct-to-consumer sales and wholesale channels.
Growth and profitability
Annual revenue grew from $271.9M in FY2021 to $2.35B in FY2025, representing a 5-year revenue CAGR of 73.6%. Gross margin reached 73.8% in FY2025, compared to 79.5% in FY2024 and 82.0% in FY2023. Operating margin was 4.5% in FY2025, producing net income of $128.4M and EPS of $1.07. Over the trailing twelve months, revenue reached $2.58B, while net margin fell to -5.5% and EPS dropped to -$0.64. For the latest quarter ended June 30, 2026, quarterly revenue increased 38.2% year-over-year, while quarterly earnings declined 17.4%.
Balance sheet and cash flow
As of June 30, 2026, Hims & Hers held $841.0M in cash and short-term investments against total debt of $1.55B, resulting in net debt of $705.2M. The company recorded a current ratio of 0.93 and a debt-to-equity ratio of 4.77, supported by $324.1M in shareholders' equity. Operating cash flow reached $300.0M in FY2025. During that year, the company spent $226.0M on capital expenditures, resulting in free cash flow of $74.0M, while dedicating $90.0M to share buybacks.
Valuation and performance
Hims & Hers trades at a forward P/E of 73.5x, compared to the 17.3x median of its US-listed Healthcare peers. Its EV to EBITDA ratio is 205.9x versus the peer median of 12.0x, while its price-to-sales ratio stands at 2.5x, below the peer median of 4.1x. Over the past year, the stock declined 52.5%, lagging the S&P 500 return of 16.8%. Over a 5-year period, the stock returned 235.8% compared to 83.0% for the S&P 500.
What analysts expect
Wall Street analysts hold 1 Strong Buy, 2 Buy, and 12 Hold ratings on HIMS. The mean price target of $31.15 is 11.0% above the last close of $28.07. For the fiscal year ending December 31, 2026, consensus estimates project an EPS of -$0.56 on revenue of $3.21B. For the following fiscal year, 11 analysts project EPS of $0.42 on revenue of $4.00B. The company beat EPS expectations in 2 of the past 4 quarters, with next earnings scheduled for November 9, 2026.
Key risks and what to watch
- The current ratio of 0.93 indicates that liquid assets are lower than short-term liabilities.
- Total debt of $1.55B significantly exceeds shareholders' equity of $324.1M, yielding a debt-to-equity ratio of 4.77.
- The stock carries elevated market volatility, evidenced by a beta of 2.43 and a 1-year price decline of 52.5%.
- Analysts estimate an EPS loss of -$0.56 for the fiscal year ending December 31, 2026.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this HIMS AI stock analysis
This page is an AI-written research summary of Hims & Hers Health, Inc. (HIMS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: HIMS income statement, HIMS balance sheet, HIMS key metrics, HIMS analyst forecast, HIMS chart. See the HIMS stock overview for the latest quote and news.
HIMS AI stock analysis FAQ
What is the consensus analyst target price for HIMS?
The consensus mean price target is $31.15, which is 11.0% above the last closing price of $28.07. The stock has 1 Strong Buy, 2 Buy, and 12 Hold ratings.
Does Hims & Hers Health pay a dividend?
No, Hims & Hers does not pay a dividend. In FY2025, the company deployed capital into $226.0M of capital expenditures and repurchased $90.0M of shares.
What was Hims & Hers' revenue growth rate in the most recent fiscal year?
In FY2025, revenue grew 59.0% to $2.35B. Over the 5-year period ending in FY2025, revenue grew at a CAGR of 73.6%.
What are analysts forecasting for HIMS in FY2026 and FY2027?
For FY2026, analysts estimate revenue of $3.21B and an EPS of -$0.56. For FY2027, 11 analysts expect revenue of $4.00B and positive EPS of $0.42.