USANA Health Sciences, Inc. (USNA) AI Stock Analysis

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

USNA AI stock analysis summary

AI Research

USANA Health Sciences, Inc. (NYSE: USNA) is a developer and distributor of nutritional and personal care products. The company generated $913.4M in trailing twelve months revenue, but net income has compressed significantly from $116.5M in FY2021 to $10.8M in FY2025. It closed at $15.54 on October 16, 2026, trading at a price-to-book ratio of 0.5x with a market capitalization of $287.1M.

Market cap
$287.1M
Revenue (TTM)
$913.4M
P/E
—
fwd 7.9x
1Y return
-26.2%
S&P 500 16.8%
Avg. target
$25.00
60.9% vs last close

Bull case

  • USANA trades at a price-to-book ratio of 0.5x and an enterprise value of $110.7M, well below its $168.6M in cash and short-term investments as of June 30, 2026.
  • The stock's forward P/E of 7.9x and EV/EBITDA of 2.6x sit well below the median of its US-listed Consumer Defensive peers at 14.3x and 11.7x, respectively.
  • Analyst projections for the next fiscal year anticipate EPS surging 132.9% to $1.77, alongside a mean price target of $25.00.

Bear case

  • Net income dropped from $116.5M in FY2021 to $10.8M in FY2025, pushing trailing twelve months profit margin to -2.4%.
  • In the latest quarter ended June 30, 2026, revenue fell 5.3% year-over-year and earnings contracted 16.6%.
  • Long-term shareholder returns have lagged significantly, with a 5-year return of -84.3% compared to an 83.0% gain for the S&P 500.

What USANA Health Sciences does

USANA Health Sciences, Inc. is a developer and distributor of evidence-based nutritional and personal care products. Founded in 1992 and based in Salt Lake City, Utah, the company offers nutritional essentials such as CellSentials, along with optimizers targeting cardiovascular and digestive health, and meal replacement shakes and snack bars. Its skincare line, Celavive, addresses diverse skin types and ethnicities. USANA distributes products through direct sales associates and e-commerce platforms across the Asia Pacific, the Americas, and Europe, providing business-building resources and marketing tools. It also maintains research partnerships with Beijing University of Chinese Medicine and the National Sports Training Bureau.

Growth and profitability

Between FY2021 and FY2025, revenue contracted at a 5-year CAGR of -4.0%. Annual sales fell from $1.19B in FY2021 to $854.5M in FY2024, before rising 8.3% to $925.3M in FY2025. Over the same period, gross margin tightened from 81.6% to 78.3%, operating margin dropped from 14.3% to 5.5%, and net income fell from $116.5M to $10.8M. For the trailing twelve months, revenue was $913.4M with a net profit margin of -2.4% and an operating margin of 4.1%. In the latest quarter ended June 30, 2026, quarterly revenue declined 5.3% year-over-year, while quarterly earnings fell 16.6%.

USNA income statement →

Balance sheet and cash flow

As of June 30, 2026, USANA held $168.6M in cash and short-term investments, with total assets of $703.2M and shareholders' equity of $526.3M. Its current ratio stood at 2.66. In FY2025, the business generated $22.3M in operating cash flow and $8.5M in free cash flow, representing a decline from $108.5M of free cash flow in FY2021. Capital expenditures were $13.8M in FY2025, and the company spent $27.5M on share buybacks, contributing to a 5-year share count change of -6.0%.

USNA balance sheet →

Valuation and performance

USANA's market capitalization is $287.1M, with an enterprise value of $110.7M. The stock trades at a forward P/E of 7.9x, an EV/EBITDA of 2.6x, and a price-to-sales multiple of 0.3x. These levels are below the median of its US-listed Consumer Defensive peers, which reflect a forward P/E of 14.3x, an EV/EBITDA of 11.7x, and a price-to-sales of 0.7x. The company's price-to-book ratio is 0.5x, and its PEG ratio is 0.66. Over the past year, USNA returned -26.2% versus 16.8% for the S&P 500 (SPY), and its 5-year return stands at -84.3% compared to 83.0% for the index.

USNA key metrics →

What analysts expect

Wall Street coverage includes 1 analyst for the next fiscal year with a mean price target of $25.00, which is 60.9% above the last close of $15.54. For the current fiscal year ending December 31, 2026, estimated EPS is $0.76 (a 60.6% decline) on estimated revenue of $909.0M. For the next fiscal year, projected EPS is $1.77 on revenue of $945.0M. Over the last four quarters, USANA beat EPS estimates 2 times. The next earnings date is November 3, 2026.

USNA forecast and price target →

Key risks and what to watch

  • Annual free cash flow deteriorated from $108.5M in FY2021 to $8.5M in FY2025, limiting available capital.
  • Current fiscal year EPS is estimated to fall 60.6% to $0.76, reflecting ongoing earnings volatility.
  • Operating margins have dropped from 14.3% in FY2021 to 4.1% over the trailing twelve months, showing sustained pressure on profitability.

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 USNA AI stock analysis

This page is an AI-written research summary of USANA Health Sciences, Inc. (USNA). 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: USNA income statement, USNA balance sheet, USNA key metrics, USNA analyst forecast, USNA chart. See the USNA stock overview for the latest quote and news.

USNA AI stock analysis FAQ

What is USANA's current valuation compared to its peers?

USANA trades at a forward P/E of 7.9x, an EV/EBITDA of 2.6x, and a price-to-book ratio of 0.5x. This is lower than the median of its US-listed Consumer Defensive peers, which trade at a forward P/E of 14.3x and an EV/EBITDA of 11.7x.

Does USANA carry a lot of debt?

With an enterprise value of $110.7M against a market capitalization of $287.1M, and cash and short-term investments of $168.6M as of June 30, 2026, USANA maintains a net cash position. Its current ratio is 2.66.

When is USANA's next earnings report?

USANA's next earnings report is scheduled for November 3, 2026.

What are analysts forecasting for USANA's revenue and earnings?

For the fiscal year ending December 31, 2026, estimated revenue is $909.0M with an EPS of $0.76. For the next fiscal year, analysts expect revenue to reach $945.0M with an EPS of $1.77.

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