A screenshot of Hims & Hers’ Super Bowl commercial (Sherwood News)

All eyes are on Hims’ weight-loss biz ahead of Monday earnings

The company’s stock, which is up more than 150% this year, has been on a wild ride.

8/1/25 10:58AM

Hims & Hers is set to report earnings after the bell on Monday, giving investors a peek at how its weight-loss business has held up amid a storm of controversy.

The company’s stock has been on a roller coaster this year, having now recovered its losses from a very public falling-out with pharmaceutical giant Novo Nordisk. On Monday, Hims investors will get clarity on how the company performed leading up to and in the weeks after that breakup.

Analysts are penciling in $551.7 million in revenue, which would be a 74% year-over-year increase, and earnings per share of $0.15.

Investors are eager for signs of how its weight-loss business is doing. Hims does not report revenue from weight-loss meds or other treatments as line items on its financial reports, though it did set an annual revenue goal of $725 million for its weight-loss business and tends to give some figures scattered in other materials or hints on its earnings call.

The earnings report will cover the months of April, May, and June. The company had to stop selling exact copies of Novo’s Ozempic and Wegovy on May 22, and its partnership with the drugmaker imploded on June 23.

Hims is still selling “personalized” versions of Novo’s blockbuster drugs, which is why the drugmaker abruptly cut off its deal to offer cash-pay versions of its name-brand drug on the telehealth platform. Novo also recently cut its guidance, citing competition from compounders like Hims, though its sales are also slumping among insured patients.

The Novo-Hims partnership was never seen as a significant revenue driver; it was relief from looming litigation risk from Novo and a nod toward the company’s long-term vision.

On Monday, analysts will likely ask how Hims plans to navigate its relationship with drugmakers moving forward.

Matt Phillips3h

Intel soars amid retail engagement, analyst chatter

Intel ripped toward a new 52-week high Wednesday, amid a flurry of activity in the options market and a couple of positive analyst assessments ahead of its earnings report due tomorrow.

Shortly after 11 a.m. ET, call options activity was roughly equivalent to the full-day average over the past 10 sessions. Bets on stock swings using call options have become a highly popular retail trade, suggesting that retail investors are getting interested in the shares ahead of the report from the partially nationalized American chip icon.

(That interpretation is buttressed by what we’re seeing on social sentiment-monitoring sites like SwaggyStocks, which at about 11:30 a.m. listed Intel as the fifth-most-mentioned stock on Reddit’s r/WallStreetBets forum over the past 24 hours.)

Wall Street analysts are also chattering about the stock, with RBC and Bernstein Research both writing about it in the last 24 hours.

RBC — which has a “sector perform” (or neutral) rating on Intel — said it expects a “slight beat and largely inline outlook” when the company reports after the close Thursday.

Bernstein’s Intel watchers — who have a “market perform” (also neutral) rating on the stock — seemed a bit more cautious, writing, “Overall numbers going forward still looking high to us. Fundamentals and valuation keep us sidelined.”

“If there is no memory, there’s no AI.”

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ByMattPhillips

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Matt Phillips6h

BNP upgrades Seagate on more durable cycle

Seagate Technology Holdings was up in early trading after analysts at BNP Paribas upgraded the shares to “outperform” from “neutral” and lifted their price target to $380 a share, implying a gain of almost 15% from where the stock is currently trading.

The maker of the somewhat stodgy technology known as hard disk drives — or HDDs in tech lingo — was one of the top stocks in the S&P 500 for much of last year as it was swept up in the AI data center trade.

Data centers need tons of storage capacity, and demand from hyperscalers has driven up prices and created shortages for disk drives, an industry that is dominated by a duopoly of Seagate and Western Digital. (BNP also maintained its “outperform” rating on WDC in a note Wednesday.)

The analysts at BNP say they pushed by the buy button on the stock after becoming more convinced that the upswing in sales was durable, writing:

“We have witnessed a structural shift happening in HDD industry, toward 1) an effective duopoly, 2) higher mix toward data centers, and 3) disciplined capex investments. These have supported our expectations of long-term, through-cycle profitability for the HDD industry. We are now upgrading Seagate from Neutral to Outperform as we are gaining greater conviction that robust data center storage demand could drive an upcycle longer than we initially expected. We think a secular re-rating of Seagate (as well as Western Digital) to over 20x is justified.”

Nate Becker6h

Stocks jump as Trump backs off European tariff threats, says “I won’t use force” to acquire Greenland

US President Donald Trump said he wouldn’t slap tariffs on several European countries after reaching what he called “the framework of a future deal” on Greenland with NATO’s secretary general.

Stocks extended their gains for the day on the news, having already been up earlier in the day when Trump said in a Davos, Switzerland, speech that he wouldn’t use force to acquire Greenland.

“Based upon this understanding, I will not be imposing the Tariffs that were scheduled to go into effect on February 1st,” Trump wrote on Truth social Wednesday afternoon. “Additional discussions are being held concerning The Golden Dome as it pertains to Greenland. Further information will be made available as discussions progress.”

Trump’s threats to acquire Greenland had put markets on edge in recent days, including a sharp drop on Tuesday.

Trump told a Davos crowd earlier Wednesday: “We probably won't get anything unless I decide to use excessive strength and force, where we would be frankly unstoppable, but I won’t do that... People thought I would use force. I don’t have to use force. I don’t want to use force. I won’t use force.”

He seemed to indicate that Denmark, which owns Greenland, could rebuff the US’s overtures to acquire the country without military retaliation.

“They have a choice. You can say yes and we will be very appreciative. Or you can say no and we will remember,” he said. Throughout his speech, Trump constantly reiterated his desire for the US to own Greenland.

The S&P 500 was up 1.5% while the Nasdaq 100 was up 1.7% as of 2:50 p.m. ET.

J. Edward Moreno6h

J&J slips despite cheery 2026 guidance

Johnson & Johnson reported fourth-quarter sales that beat expectations and gave rosy guidance for 2026.

The company said it expects to bring in between $100 billion and $101 billion in revenue this year, compared to the $98.9 billion analysts polled by FactSet were expecting. The drugmaker also expects to report between $11.43 and $11.63 in annual adjusted earnings per share, compared to the $11.48 that Wall Street was expecting.

Despite beating expectations, J&J, the first major drugmaker to report earnings results this year, fell by more than 2% in premarket trading.