Technical Analysis
HIMS is trading in a clear ascending channel since 2023.
On the daily chart, a “cup and handle” formation has completed, with a confirmed breakout above the neckline ($55–$57 area).
The price is consolidating near the breakout point – classic behavior before a continuation move.
Target projection from the cup pattern is $170+, implying a 200%+ upside potential.
The stock also respects the upper trendline of the long-term channel, reinforcing bullish structure.
Fundamental Strength:
Telemedicine megatrend: Digital health is booming. HIMS is one of the few well-established D2C players in the U.S. market.
Revenue growth: Annual revenue growth exceeds 40% YoY, a sign of operational efficiency and demand.
Sticky subscription model: Over 1.5 million active subscribers — solid base for recurring revenue and LTV.
Valuation upside: Still undervalued relative to sector peers despite recent rally.
Scalable tech stack: Strong backend, customer acquisition systems, and vertically integrated infrastructure support further expansion.
Conclusion: HIMS offers an attractive risk–reward setup for swing traders and long-term investors alike
HIMS is trading in a clear ascending channel since 2023.
On the daily chart, a “cup and handle” formation has completed, with a confirmed breakout above the neckline ($55–$57 area).
The price is consolidating near the breakout point – classic behavior before a continuation move.
Target projection from the cup pattern is $170+, implying a 200%+ upside potential.
The stock also respects the upper trendline of the long-term channel, reinforcing bullish structure.
Fundamental Strength:
Telemedicine megatrend: Digital health is booming. HIMS is one of the few well-established D2C players in the U.S. market.
Revenue growth: Annual revenue growth exceeds 40% YoY, a sign of operational efficiency and demand.
Sticky subscription model: Over 1.5 million active subscribers — solid base for recurring revenue and LTV.
Valuation upside: Still undervalued relative to sector peers despite recent rally.
Scalable tech stack: Strong backend, customer acquisition systems, and vertically integrated infrastructure support further expansion.
Conclusion: HIMS offers an attractive risk–reward setup for swing traders and long-term investors alike
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.