Post-earnings recap
Reported
Mon, Aug 10, 2026
EPS actual
$-0.37
EPS est.
$-0.07
EPS surprise
-460.61%
1-day move
+0.57%
Hims & Hers Health, Inc. reported a significant miss on EPS, which typically raises concerns about profitability. However, the stock reacted positively, increasing by 0.57%. This could indicate that investors are looking beyond the earnings miss, possibly focusing on other aspects of the business or future potential.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $-0.37 | N/A | -460.61% |
| Revenue | — | N/A | — |
No transcript is on record, and the analysis is based solely on numerical results.
Hims & Hers Health, Inc. is a health care company that focuses on providing accessible and affordable health solutions, particularly in telehealth and wellness. Operating in the Health Care sector, it taps into the growing demand for online health services, which has surged in recent years due to changing consumer behaviors and increased acceptance of digital health solutions.
Last quarter
In Q1 2026, Hims & Hers reported an earnings per share (EPS) of -$0.40, significantly missing expectations. Despite this, the stock saw a modest increase of 3.08% the following day, indicating some investor optimism.
EPS beat streak
0Q
EPS beat rate
50%
Avg EPS surprise
-89.32%
Avg 1-day reaction
+1.31%
Overall, expectations for Hims & Hers are mixed as the company continues to navigate a challenging market environment. Investors will be closely watching for signs of recovery in both revenue and user growth.
Bull case
If the company can demonstrate strong revenue growth and improved customer acquisition metrics, it could signal a successful turnaround and boost investor confidence.
Bear case
Conversely, if the company fails to show progress in user engagement or continues to report losses, it may lead to further declines in stock price.
The print will turn on these.
Q1
What is the current Monthly Active Users (MAU) count?
This number will be critical in assessing user engagement and the effectiveness of Hims & Hers' marketing strategies.
Q2
How has the Customer Acquisition Cost (CAC) changed this quarter?
A decrease in CAC would indicate improved efficiency in attracting new customers, which is essential for growth.
—
Est. EPS
—
Est. Rev
—
Impl. Move
±18.2%
Why consensus could be wrong
The Street may be underestimating the potential for user growth in the telehealth sector, particularly as more consumers seek convenient health solutions.
Supporting evidence
Options are pricing a 28.74% move, indicating a belief in significant volatility that may not align with historical performance.
The average 1-day move when they beat is only 1.31%, suggesting that the market may not fully appreciate positive outcomes.
Key risk
If the MAU count exceeds 1 million, it could shift the narrative significantly.
Pre-commit to what would confirm each case.
The market is debating whether Hims & Hers can effectively scale its user base while managing costs, which will be pivotal for its growth trajectory.
Bull confirmed if
Demonstrating a significant increase in Monthly Active Users (MAU) beyond 1 million would confirm the bull case.
Bear confirmed if
If the Customer Acquisition Cost (CAC) increases beyond $50, it would confirm the bear case.
What the market is pricing for the move.
Implied Move
±28.74%
Historical Avg
±2.1%
The options market is pricing in a significant potential move, suggesting that investors are anticipating volatility around the earnings report.
Options are pricing ±28.7% while HIMS has averaged ±2.1% over the last 8 prints — setup is pricing rich.
ATM IV
1.0%
30d HV
87.6%
Cross-company pattern from 30 similar setups.
Prior-quarter miss + options pricing rich in Health Care
Fade rate: 13 of 29 (45%)
This setup has occurred 30 times across Health Care in the last 2 years. 13 of 29 faded and 16 held — no strong directional bias after the initial reaction. The average absolute 1-day move is 3.6%, with a raw directional average of -1.3% (modestly negative historical bias).
Open-market trades by officers, directors, and 10%+ holders over the trailing 90 days.
Bought
$0.00
0 sh
0 insiders
Sold
$160,357.37
5,461 sh
2 insiders
Net
$160,357.37
Net selling
Most Active Insiders· 2 open-market trades
$100,957.37
Net selling
Likely market behavior by outcome. Not investment advice.
Beat & raise
If Hims & Hers beats expectations, history suggests a potential stock increase of around 1.31%, confirming a positive outlook.
In line / cautious
A cautious in-line report could lead to muted stock movement as investors weigh the implications of management commentary.
Miss
If the company misses expectations, history suggests a decline of approximately 1.61%, reflecting ongoing concerns about its performance.
The lines on the call that would change the story.
$59,400.00
Net selling
Recent Transactions
Sep 30, 2026 · @ $29.17
3,461 sh
$100,957.37
Oct 1, 2026 · @ $29.70
2,000 sh
$59,400.00
Open-market trades only (Form 4 codes P/S). Awards, exercises, and tax-withholding excluded as routine compensation noise.