Part 10/12:
Notably, Hims' marketing initiatives have also proven effective; its recent advertisement during Super Bowl 59 ranked among the top in engagement. While aggressive marketing may temporarily pressure margins, the long-term subscriber growth resulting from these initiatives could significantly benefit Hims' revenue trajectory.
Future Growth Potential: Valuation Insights
Investors are particularly keen on understanding how Hims fits into the larger market narrative of telehealth and personalized care. Current market conditions have rendered Hims shares trading at an EV/revenue multiple of about 5, deemed attractive compared to previous peaks. The growth trajectory assures that Hims should continue to expand its market share, aiming for a total of 10 million subscribers by 2030.