HIMSBullunverifiable
Asymmetric Investing by Travis Hoium“This is a multi-trillion dollar industry that Himm and Hers is the disruptor that the aggregator of demand that is potentially a trillion dollar business long-term.”
Thesis at the time
Strongly BullishTravis views Hims & Hers as his biggest portfolio position, citing reaccelerating revenue growth after the GLP-1 compounding loophole closed, a new Novo Nordisk partnership, and an expanding 'healthcare aggregator' business model. He believes the company has significant room for margin expansion and multiple re-rating given its low EV/sales.
Key arguments
- Revenue growth reaccelerated to 38% in Q2 2026 after slowing to 3.8% when the GLP-1 compounding loophole closed
- New agreement to sell Eli Lilly and Novo Nordisk branded GLP-1s repositions the weight-loss business
- Subscriber count jumped to 2.9 million, partly from the Eucalyptus acquisition, with spend per subscriber also rising
- Positioning as a healthcare 'aggregator' that captures user data and cross-sells more solutions
- Trading at just 2.8x EV/sales trailing and under 2x forward, with margins near breakeven and upside to expand
Counter-arguments acknowledged
- Stock is very volatile, down about 25% since early July highs near $40
- Still down almost 20% for the year despite the rally off February lows
Hedges and caveats (from the video)
- Stocks are volatile and subject to market fluctuations
- Portfolio performance is historical and not guaranteed to continue
- Video creator owns these stocks (potential conflict of interest)
- Regulatory changes can impact business models (e.g., FDA closure of GLP-1 loophole)
- Reliance on future revenue growth and margin expansion assumptions
The call
- Date said
- Aug 19, 2026
- Timeframe
- long-term
- Confidence
- low
- Specificity
- vague
How it resolved
- Status
- unverifiable
Why this resolved this way(resolution audit)
Full rules: docs/resolution-spec.md.
Confidence Reasoning
Uses hedge word 'potentially' and no specific timeframe, but is a clear directional long-term bull thesis on company value rather than a per-share price target.
Source
4 Incredible Stocks I Love Today
Said on Aug 19, 2026Open on YouTube ↗