Herbalife Nutrition Ltd. (HLF) AI Stock Analysis

NYSE: HLFAI research summary: business, growth, valuation, analysts, bull and bear case.

HLF AI stock analysis summary

AI Research

Herbalife Nutrition Ltd. (HLF) provides weight management and nutritional products globally through an independent distributor network. In the trailing twelve months, the company generated $5.20B in revenue with an operating margin of 9.8%. While annual revenue grew 0.9% to $5.04B in FY2025, the company carries total debt of $2.20B and negative shareholders' equity of -$474.5M.

Market cap
$1.51B
Revenue (TTM)
$5.20B
P/E
9.3x
fwd 3.9x
1Y return
69.6%
S&P 500 16.8%
Avg. target
$17.00
16.4% vs last close

Bull case

  • Trailing twelve months quarterly revenue growth reached 5.4%, outpacing the US-listed Consumer Defensive peer median of 2.1%.
  • The stock is valued at an EV/EBITDA of 5.9x and forward P/E of 3.9x, below peer medians of 11.7x and 14.3x.
  • Free cash flow generation reached $252.9M in FY2025, showing strong annual cash conversion.

Bear case

  • The balance sheet remains leveraged with net debt of $1.83B and negative shareholders' equity of -$474.5M as of June 30, 2026.
  • Longer-term share price performance has trailed the broader market, returning -66.4% over 5 years compared to 83.0% for the S&P 500.
  • Top-line growth has contracted over the medium term, posting a 5-year revenue CAGR of -1.9% between FY2020 and FY2025.

What Herbalife Nutrition does

Herbalife Nutrition Ltd. is a global provider of nutritional products and solutions founded in 1980 and headquartered in Los Angeles, California. The company's portfolio encompasses weight management, targeted nutrition, energy, sports, fitness, and outer nutrition. Offerings include meal replacement shakes, protein mixes, healthy snacks, dietary supplements, functional beverages, and personal wellness products such as skincare and haircare items. Herbalife distributes its products through independent distributors and sales representatives across North America, Europe, Asia Pacific, and Latin America, supported by company-operated retail platforms.

Growth and profitability

Herbalife saw revenue drop from $5.80B in FY2021 to $5.20B in FY2022, $5.06B in FY2023, and $4.99B in FY2024, contributing to a 5-year revenue CAGR of -1.9% from FY2020 to FY2025. Sales rebounded in FY2025, increasing 0.9% to $5.04B, while net income reached $228.3M and operating margin was 8.8%. In the latest quarter ended June 30, 2026, quarterly revenue grew 5.4% year-over-year and quarterly earnings rose 16.3% year-over-year. Across the trailing twelve months, Herbalife generated $5.20B in revenue, an operating margin of 9.8%, and EPS of $1.57.

HLF income statement →

Balance sheet and cash flow

As of June 30, 2026, Herbalife had $370.5M in cash and short-term investments alongside total debt of $2.20B, resulting in net debt of $1.83B. Total assets stood at $2.86B against shareholders' equity of -$474.5M, while the current ratio was 1.20. In FY2025, the business produced $333.3M in operating cash flow and $252.9M in free cash flow. Capital allocation in FY2025 included $80.4M for capital expenditures and $8.2M for share buybacks, with its share count increasing 0.9% over 5 years.

HLF balance sheet →

Valuation and performance

Herbalife trades at a trailing P/E of 9.3x and a forward P/E of 3.9x, both below the US-listed Consumer Defensive peer medians of 18.6x and 14.3x. Its EV-to-EBITDA multiple is 5.9x, compared to the peer median of 11.7x, while its price-to-sales ratio is 0.3x versus the peer median of 0.7x. Over the past year, the stock gained 69.6%, outperforming the S&P 500 return of 16.8%. Over a 5-year period, the stock fell 66.4%, while the S&P 500 rose 83.0%.

HLF key metrics →

What analysts expect

Wall Street analysts hold 2 StrongBuy, 1 Buy, 0 Hold, and 1 Sell ratings on Herbalife. The mean price target is $17.00, which is 16.4% above the last close price of $14.60. For the fiscal year ending December 31, 2026, analysts estimate EPS of $2.37, representing 11.6% growth, on revenue of $5.26B. Herbalife has beaten consensus EPS estimates in 2 of the last 4 quarters, with its next earnings announcement scheduled for November 2, 2026.

HLF forecast and price target →

Key risks and what to watch

  • A total debt load of $2.20B poses refinancing and liquidity risks given the negative shareholders' equity of -$474.5M.
  • Gross margin contracted from 78.6% in FY2021 down to 75.6% in FY2025, reflecting potential pressure on profitability.
  • Earnings consistency has varied, with Herbalife beating analyst EPS estimates in only 2 of the last 4 quarters.

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 HLF AI stock analysis

This page is an AI-written research summary of Herbalife Nutrition Ltd. (HLF). 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: HLF income statement, HLF balance sheet, HLF key metrics, HLF analyst forecast, HLF chart. See the HLF stock overview for the latest quote and news.

HLF AI stock analysis FAQ

What is Herbalife Nutrition's current valuation?

Herbalife has a market capitalization of $1.51B and an enterprise value of $3.12B. The stock trades at a trailing P/E of 9.3x, a forward P/E of 3.9x, and an EV/EBITDA of 5.9x.

Does Herbalife pay a dividend?

Herbalife does not report an active dividend. For FY2025, capital allocation included $80.4M in capital expenditures and $8.2M directed toward share buybacks.

What are analysts' price targets for HLF?

Analysts maintain a mean price target of $17.00 for HLF, representing a 16.4% premium over its last close of $14.60. Current ratings include 2 StrongBuy, 1 Buy, and 1 Sell.

When does Herbalife report earnings?

Herbalife's next earnings date is November 2, 2026. For the full fiscal year ending December 31, 2026, analysts estimate EPS of $2.37 on revenue of $5.26B.

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