HIMS falls 10% after first quarter results miss estimates, Gary Black notes

HIMS falls 10% after first quarter results miss estimates, Gary Black notes
HIMS drops on weak first quarter results

Gary Black, managing partner and investor at The Future Fund, reported that HIMS shares declined 10% after hours following first quarter results that missed consensus and lowered EBITDA guidance for the second quarter and FY‘26.

Black said GLP-1 competition is intensifying, which could increase selling pressures, though he pointed to favorable FY‘26 revenue guidance and a 30% short interest that may limit further downside from shorting.

Earlier, Black reported pre-market gains across stocks as Brent crude prices rose and 2026 S&P 500 EPS estimates improved following Project Freedom. He also observed higher stock prices alongside declines in oil and bond yields, attributing the moves in part to progress in U.S.-Iran talks and AMD’s outlook. These prior updates reflect Black’s ongoing coverage of earnings and commodity shifts.

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