Tiger Brokers

BUZZ-Hims & Hers falls after 'conservative' forecasts

Reuters
May 06, 2025
BUZZ-Hims & Hers falls after 'conservative' forecasts

** Shares of telehealth firm Hims & Hers Health HIMS.N fall 6.61% to $39.11 premarket

** Co sees Q2 revenue to be between $530 million and $550 million, below estimates of $564.6 million - data compiled by LSEG

** HIMS expects onetime quarter-over-quarter revenue drop in Q2, as it transitions subscribers previously on commercially available dosages of Novo Nordisk's NOVOb.CO semaglutide to options on its or other platforms by end of quarter

** Reaffirms full-year revenue forecast of $2.3 billion to $2.4 billion

** We suspect that the re-affirmed 2025 and new Q2 forecast is likely "conservative," brokerage BTIG says

** Q1 revenue of $586.0 million beats estimates of $538.2 million

** Up to last close, stock up ~73% YTD

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

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