Bullish option flow detected in Hims and Hers Health with 7,559 calls trading, 2x expected, and implied vol increasing over 1 point to 50.61%. Jul-24 15 calls and 5/10 weekly 12 calls are the most active options, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 0.26. Earnings are expected on August 5th.
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Read More on HIMS:
- Hims & Hers price target raised to $24 from $23 at Seaport Research
- Hims & Hers price target raised to $16 from $14 at Deutsche Bank
- Hims & Hers price target raised to $13 from $11 at Piper Sandler
- Hims & Hers sees FY24 revenue $1.20B-$1.23B, consensus $1.19B
- Hims & Hers sees Q2 revenue $292M-$297M, consensus $288.1M