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Update - May 21  Hims has slumped some after the initial 30% rally on Monday. The telehealth company should benefit from offering a compound GLP-1 version at a discounted price. The big question is the financial impact. The stock only trades at 3x '24 sales targets making Hims intriguing on any further dip.  -Hims & Hers Health (NYSE:HIMS) is offering customers access to compounded versions of Novo Nordisk's (NVO) semaglutide -- the active drug in its weight loss medication Wegovy -- at a fraction of the cost of the brand-name version. -The company said plans for injections of its compounded semaglutide -- which is also sold as the type 2 diabetes med Ozempic -- start at $199 a month. It is also offering a $79 a month plan for an oral version of semaglutide. That is also known as Novo's diabetes pill Rybelsus. Original article posted on May 7 Hims & Hers Health, Inc. is leading in personalized health and building a strong health and wellness platform, leading to str...

Updated Aug. 23, 2023 Hims continues trending down. The stock remains appealing on these dips with software like margins and growth rates.  Update Aug. 17, 2023 Hims & Hers continues to dip following another great earnings report. The online health and wellness platform continues to shift towards profitable precisions treatments, but the market has missed the shift. Definitely a stock to watch for when Hims hits the lows.  Original article published on Aug. 16  Hims & Hers Health, Inc. falls despite a strong Q2 '23 earnings report. The company remains on the path to a 2025 revenue target of $1.2+ billion. The stock is cheap at 1.3x forward EV/S targets for a high gross margin business. Out Fox The Street members get exclusive access to our real-world portfolios. See all of our investments  here »   Despite another strong quarter,  Hims & Hers Health, Inc.  ( NYSE: HIMS ) stock fell after  Q2 '23 results  beat consensus estimates. ...

Out Fox The Street members get exclusive access to our real-world portfolios. See all of our investments  here »   Update - July 28, 2023  Cowen with a bull call on Hims with a price target of $11 after the stock recently traded at $12. Nice the greatest bull call, but it sure beats the short report.  TD Cowen initiated its coverage of the digital healthcare platform Hims & Hers Health ( NYSE: HIMS ) with an Outperform rating and a $11 per share target on Friday, citing a disconnect between the company’s prospects and the valuation. Noting that Hims & Hers ( HIMS ) is set to expand at over 78% CAGR in 2019–2023E, analyst Jonna Kim argues that the company’s $1.2B revenue target for 2025, indicating over 22% CAGR, "implies a significant slowdown." Update - July 13, 2023 Kinda of a joke short report on Hims & Hers today, any stock could face a 25% hit. Heck, we view Apple  as having the potential for 50% downside. The stock has bounced off strong suppor...

  Teladoc Health trades back to pre-covid levels despite forecasted strong growth. The telehealth provider continues to expand health products pushing strong into mental health with a higher recurring visit stream. The stock trades at only 33x '22 EBITDA targets, nearly equal to revenue growth targets. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » After several warnings to investors,  Teladoc Health  ( TDOC ) collapsed back to pre-covid levels. Even with dramatic telehealth demand pulled forward, the stock isn't actually trading higher than back at the 2018 highs. My  investment thesis  is finally Bullish on the telehealth provider now that the market is undervaluing the business opportunity. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details. 

  Teladoc Health has fallen ~50% from the highs as major competition enters the telemedicine space. Analysts have cut out year revenue estimates by substantial amounts. Despite the dip below $160, the stock still trades at a forward EV/S multiple of 10x. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » Just this year,  Teladoc Health  ( TDOC ) traded as high as $308 and as low as $130. As analysts cut revenue targets for out years, investors have reduced their appetite for the telehealth provider. My  investment thesis  was very negative on the stock at the higher prices going back into 2020, but my view still isn't bullish on Teladoc Health below $160 due to the tough comps this year. Read the full article on Seeking Alpha.  Disclosure: No position mentioned. Please review the disclaimer page for more details.  Update - July 28 The large amount of analyst...

  Teladoc Health reports strong Q1 financials. The telehealth platform provider provided company metrics showing the business peaked for this cycle. The stock trades at an expensive 11x forward revenues, considering the tough comps for the year. Looking for a portfolio of ideas like this one? Members of Out Fox The Street get exclusive access to our model portfolio.  Learn More » Despite  Teladoc Health  ( TDOC ) forecasting that business will still top the COVID-19 boost in most metrics, the stock is falling by nearly 10%. The telehealth provider is forecasting a major slowdown in new members and total visit growth for the year as the company faces tough comps. My  investment thesis  remains bearish on the stock for now. Read the full article on Seeking Alpha.  Update - May 6 The stock for Teladoc Health continues to be line with more and more competition. First, Amwell (AMWL) apparently took Pepsi as a customer and now Walmart (WMT) is buying a co...