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Hims & Hers Is Trying To Make Healthcare Feel Like Shopping Online

Hims & Hers Is Trying To Make Healthcare Feel Like Shopping Online

KAHROS Team

TL;DR

Quick Summary

  • Hims & Hers has grown into a roughly $6.5B telehealth-and-e‑commerce hybrid by turning awkward health issues into subscription services.
  • Revenue grew close to 50% year over year in Q3 2025 to about $600M, with rising cash flow but some pressure on margins.
  • After a run toward $73 and a sharp pullback to the high‑$20s by January 2026, the stock is in "prove it" mode on new growth areas and regulatory risk.
  • The next leg of the story hinges on execution in weight loss, hormone health, diagnostics, and international expansion – not just good branding.
  • Many investors already own HIMS indirectly via broad and thematic ETFs like VTI, VTSAX, and EDOC.

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