U.S. Stocks Mostly Higher, Nasdaq Up Over 1%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 7h ago
0mins
Should l Buy HIMS?
Source: Benzinga
- Nasdaq Performance: The Nasdaq Composite rose by 1.15% to 23,295.01 on Monday, indicating strong performance in technology stocks and reflecting increased investor confidence in the tech sector.
- Dow Jones Decline: The Dow Jones Industrial Average fell slightly by 0.07% to 50,078.58, suggesting a relative weakness in traditional sectors, which may affect overall market sentiment.
- Sally Beauty Earnings Beat: Sally Beauty Holdings Inc (NYSE:SBH) reported an adjusted EPS of 48 cents for Q1, surpassing market expectations of 46 cents, with quarterly sales of $943.168 million exceeding the anticipated $940.150 million, demonstrating the company's resilience in a competitive market.
- Commodity Market Movements: On Monday, oil prices increased by 0.8% to $64.05, gold rose by 2.2% to $5,088.80, and silver surged by 7.9% to $82.94, reflecting heightened demand for safe-haven assets, which could influence future investment strategies.
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Analyst Views on HIMS
Wall Street analysts forecast HIMS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HIMS is 42.88 USD with a low forecast of 29.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
12 Analyst Rating
2 Buy
7 Hold
3 Sell
Hold
Current: 23.020
Low
29.00
Averages
42.88
High
85.00
Current: 23.020
Low
29.00
Averages
42.88
High
85.00
About HIMS
Hims & Hers Health, Inc. provides a consumer-first platform, which helps customers to fulfill their health and wellness needs. Its platform includes access to a provider network, a clinically focused electronic medical record system, digital prescriptions, cloud pharmacy fulfillment, and personalization capabilities. Its digital platform enables access to treatments for a range of chronic conditions, including those related to sexual health, hair loss, dermatology, mental health, and weight loss. It connects patients to licensed healthcare professionals who can prescribe medications when appropriate and prescriptions are fulfilled online through licensed pharmacies on a subscription basis. It also offers access to a range of health and wellness products designed to meet individual needs, which can include curated prescription and non-prescription products. Through its mobile applications, consumers can access a range of educational programs, wellness content, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
S&P Lowers China Property Sales Forecast
- Property Sales Forecast Cut: S&P Global Ratings has lowered its forecast for China's property sales in 2026 to a decline of 10% to 14%, worse than the previous estimate of 5% to 8%, indicating persistent market weakness that could increase financial pressure on related companies.
- Fuel Shortage for Airlines: Cuba has announced that international airlines can no longer refuel on the island due to fuel shortages, which may impact tourism and international flight operations, exacerbating the economic challenges faced by the country.
- Novo Nordisk Lawsuit: Novo Nordisk has sued Hims & Hers for mass marketing unapproved copies of its Wegovy obesity drug in the U.S., leading to a 16% drop in Hims & Hers shares on Monday, highlighting the pharmaceutical industry's focus on intellectual property and intense market competition.
- U.S. Market Performance: The S&P 500 rose 0.47% on Monday, marking back-to-back gains, with other major U.S. indexes also climbing, reflecting improved market sentiment despite ongoing concerns regarding capital expenditures and financing among Big Tech companies.
See More
US Stocks Rise on Monday as Tech Stocks Rebound
- Market Recovery: The S&P 500 Index rose by 0.47% on Monday, with the Dow Jones Industrial Average hitting an all-time high, indicating a strong recovery in the market following rebounds in tech stocks and chipmakers, reflecting investor confidence in economic recovery.
- Precious Metals Surge: Mining stocks rallied as gold prices increased by 2% and silver surged over 6%, with Coeur Mining and Hecla Mining gaining more than 7% and 5% respectively, highlighting the positive impact of strong performance in the precious metals market on related stocks.
- Earnings Season Insights: More than half of S&P 500 companies have reported earnings, with 79% exceeding expectations, and Q4 earnings growth projected at 8.4%, which is likely to further boost market sentiment and enhance investor confidence.
- Economic Data Focus: The market will closely watch upcoming economic data releases, including the employment cost index and retail sales figures, which are expected to significantly influence future monetary policy and market trends.
See More
Hims & Hers Drops 16% Amid Novo Nordisk Lawsuit
- Significant Stock Decline: Hims & Hers Health closed at $19.33 on Monday, down 16.03%, reflecting market concerns over legal risks, particularly following the lawsuit filed by Novo Nordisk.
- Surge in Trading Volume: The company experienced a trading volume of 143.5 million shares, which is 688% above its three-month average of 18.2 million shares, indicating heightened investor anxiety regarding its future.
- Increased Legal Pressure: The lawsuit from Novo Nordisk seeks to prevent Hims & Hers from selling compounded versions of its patented drugs, intensifying the legal and regulatory challenges the company faces, which could impact its market strategy.
- Negative Market Reaction: Hims & Hers has seen a cumulative decline of 26.89% over the past five days, suggesting a waning investor confidence in its business transformation, especially after the announcement to withdraw its copycat obesity drug Wegovy.
See More
Hims & Hers Health Shares Plunge 16.07% Amid Legal and Regulatory Challenges
- Significant Stock Drop: Hims & Hers Health shares closed at $19.33 on Monday, down 16.03% from the previous day, reflecting market concerns over the company's legal lawsuit and regulatory pressures.
- Surge in Trading Volume: The trading volume reached 143.5 million shares, approximately 688% above the three-month average of 18.2 million shares, indicating heightened investor uncertainty regarding the company's future.
- Impact of Legal Action: Novo Nordisk's lawsuit seeks to prevent Hims & Hers from selling compounded versions of its patented drugs, exacerbating market worries about the company's business model, especially following the FDA's crackdown on GLP-1 active pharmaceutical ingredients.
- Urgency of Strategic Shift: Hims & Hers announced last year a pivot towards other health conditions and AI health capabilities, and this incident underscores the urgency of this strategic shift in response to an increasingly challenging market environment and regulatory landscape.
See More
Hims & Hers Health Shares Plunge 16.03%
- Stock Price Drop: Hims & Hers Health closed at $19.33 on Monday, down 16.03%, reflecting investor concerns over the company's legal and regulatory challenges impacting its market perception.
- Surge in Trading Volume: The trading volume reached 143.5 million shares, approximately 688% above the three-month average of 18.2 million shares, indicating heightened market activity and investor interest in the stock's volatility.
- Legal Challenges: Novo Nordisk has filed a lawsuit against Hims & Hers, seeking to prevent the sale of compounded copies of its patented drugs, which intensifies market fears regarding Hims & Hers' operational viability.
- Strategic Shift Importance: Hims & Hers announced it would withdraw its copycat version of the obesity drug Wegovy, pivoting towards other health conditions and AI capabilities, making this strategic shift crucial in light of the current legal and regulatory pressures.
See More
Hims & Hers Stock Plummets 16% After FDA Restrictions on GLP-1 Drugs
- Stock Price Drop: Hims & Hers experienced a nearly 16% drop in stock price on February 9 after deciding to halt plans for a copycat GLP-1 pill, which significantly impacted investor confidence and led to a substantial decrease in market capitalization.
- Tightening FDA Regulations: The FDA's announcement to restrict GLP-1 active pharmaceutical ingredients for non-FDA-approved compounded drugs directly targets companies like Hims & Hers, indicating a more challenging market environment ahead.
- Legal Litigation Risks: Following Hims & Hers' announcement of a $49 copycat Wegovy pill, Novo Nordisk filed a patent infringement lawsuit, causing the stock to plummet, highlighting the market's heightened concern over legal risks.
- Uncertain Market Outlook: Although Hims & Hers reported a 74% year-over-year revenue growth in the first nine months of 2025, the sustainability of revenue from GLP-1 drugs is questioned due to regulatory risks and increasing competition, leading investors to adopt a cautious stance on the company's future.
See More
S&P Lowers China Property Sales Forecast
- Property Sales Forecast Cut: S&P Global Ratings has lowered its forecast for China's property sales in 2026 to a decline of 10% to 14%, worse than the previous estimate of 5% to 8%, indicating persistent market weakness that could increase financial pressure on related companies.
- Fuel Shortage for Airlines: Cuba has announced that international airlines can no longer refuel on the island due to fuel shortages, which may impact tourism and international flight operations, exacerbating the economic challenges faced by the country.
- Novo Nordisk Lawsuit: Novo Nordisk has sued Hims & Hers for mass marketing unapproved copies of its Wegovy obesity drug in the U.S., leading to a 16% drop in Hims & Hers shares on Monday, highlighting the pharmaceutical industry's focus on intellectual property and intense market competition.
- U.S. Market Performance: The S&P 500 rose 0.47% on Monday, marking back-to-back gains, with other major U.S. indexes also climbing, reflecting improved market sentiment despite ongoing concerns regarding capital expenditures and financing among Big Tech companies.
See More
US Stocks Rise on Monday as Tech Stocks Rebound
- Market Recovery: The S&P 500 Index rose by 0.47% on Monday, with the Dow Jones Industrial Average hitting an all-time high, indicating a strong recovery in the market following rebounds in tech stocks and chipmakers, reflecting investor confidence in economic recovery.
- Precious Metals Surge: Mining stocks rallied as gold prices increased by 2% and silver surged over 6%, with Coeur Mining and Hecla Mining gaining more than 7% and 5% respectively, highlighting the positive impact of strong performance in the precious metals market on related stocks.
- Earnings Season Insights: More than half of S&P 500 companies have reported earnings, with 79% exceeding expectations, and Q4 earnings growth projected at 8.4%, which is likely to further boost market sentiment and enhance investor confidence.
- Economic Data Focus: The market will closely watch upcoming economic data releases, including the employment cost index and retail sales figures, which are expected to significantly influence future monetary policy and market trends.
See More
Hims & Hers Drops 16% Amid Novo Nordisk Lawsuit
- Significant Stock Decline: Hims & Hers Health closed at $19.33 on Monday, down 16.03%, reflecting market concerns over legal risks, particularly following the lawsuit filed by Novo Nordisk.
- Surge in Trading Volume: The company experienced a trading volume of 143.5 million shares, which is 688% above its three-month average of 18.2 million shares, indicating heightened investor anxiety regarding its future.
- Increased Legal Pressure: The lawsuit from Novo Nordisk seeks to prevent Hims & Hers from selling compounded versions of its patented drugs, intensifying the legal and regulatory challenges the company faces, which could impact its market strategy.
- Negative Market Reaction: Hims & Hers has seen a cumulative decline of 26.89% over the past five days, suggesting a waning investor confidence in its business transformation, especially after the announcement to withdraw its copycat obesity drug Wegovy.
See More
Hims & Hers Health Shares Plunge 16.07% Amid Legal and Regulatory Challenges
- Significant Stock Drop: Hims & Hers Health shares closed at $19.33 on Monday, down 16.03% from the previous day, reflecting market concerns over the company's legal lawsuit and regulatory pressures.
- Surge in Trading Volume: The trading volume reached 143.5 million shares, approximately 688% above the three-month average of 18.2 million shares, indicating heightened investor uncertainty regarding the company's future.
- Impact of Legal Action: Novo Nordisk's lawsuit seeks to prevent Hims & Hers from selling compounded versions of its patented drugs, exacerbating market worries about the company's business model, especially following the FDA's crackdown on GLP-1 active pharmaceutical ingredients.
- Urgency of Strategic Shift: Hims & Hers announced last year a pivot towards other health conditions and AI health capabilities, and this incident underscores the urgency of this strategic shift in response to an increasingly challenging market environment and regulatory landscape.
See More
Hims & Hers Health Shares Plunge 16.03%
- Stock Price Drop: Hims & Hers Health closed at $19.33 on Monday, down 16.03%, reflecting investor concerns over the company's legal and regulatory challenges impacting its market perception.
- Surge in Trading Volume: The trading volume reached 143.5 million shares, approximately 688% above the three-month average of 18.2 million shares, indicating heightened market activity and investor interest in the stock's volatility.
- Legal Challenges: Novo Nordisk has filed a lawsuit against Hims & Hers, seeking to prevent the sale of compounded copies of its patented drugs, which intensifies market fears regarding Hims & Hers' operational viability.
- Strategic Shift Importance: Hims & Hers announced it would withdraw its copycat version of the obesity drug Wegovy, pivoting towards other health conditions and AI capabilities, making this strategic shift crucial in light of the current legal and regulatory pressures.
See More
Hims & Hers Stock Plummets 16% After FDA Restrictions on GLP-1 Drugs
- Stock Price Drop: Hims & Hers experienced a nearly 16% drop in stock price on February 9 after deciding to halt plans for a copycat GLP-1 pill, which significantly impacted investor confidence and led to a substantial decrease in market capitalization.
- Tightening FDA Regulations: The FDA's announcement to restrict GLP-1 active pharmaceutical ingredients for non-FDA-approved compounded drugs directly targets companies like Hims & Hers, indicating a more challenging market environment ahead.
- Legal Litigation Risks: Following Hims & Hers' announcement of a $49 copycat Wegovy pill, Novo Nordisk filed a patent infringement lawsuit, causing the stock to plummet, highlighting the market's heightened concern over legal risks.
- Uncertain Market Outlook: Although Hims & Hers reported a 74% year-over-year revenue growth in the first nine months of 2025, the sustainability of revenue from GLP-1 drugs is questioned due to regulatory risks and increasing competition, leading investors to adopt a cautious stance on the company's future.
See More
