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MarketBeat
MarketBeat
Jessica Mitacek

Hims & Hers Stock Plunges After Q1 Miss: Is the GLP-1 Pivot Enough to Fuel a Recovery?

HIMS Hims Hers Health Andrew Dudum Grand View Research Hims & Hers’ Novo Nordisk MarketBeat telehealth

Shares of telehealth provider Hims & Hers Health (NYSE: HIMS) sold off sharply following disappointing Q1 FY2026 financial results, with shares falling more than 12% in after-hours trading after the company reported on May 11.

Expectations for the quarter were high, particularly after partnering with Danish multinational pharmaceutical company Novo Nordisk (NYSE: NVO).

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