
Digital health companies are still a growing pocket within the broader U.S. healthcare industry, years after the initial COVID-19 outbreak first drove patients and their doctors online. According to a report by Fortune Business Insights, the global digital healthcare market is estimated to grow at a CAGR of 23.3% through 2030, ultimately reaching a market size of nearly $2 trillion by the end of this decade.
One company that has tapped into this burgeoning market in a big way is Hims & Hers Health (HIMS), which has more than tripled in value over the past two years. After the stock's big breakout rally, here's how much higher Wall Street analysts think HIMS can climb.