Upgrade

Hinge Health, Inc.

HNGE

Last
$102.90
Day
+5.0%
1y
+94.6%
5y
+160.9%
52w
-2.4%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-11-0223d
EMA 21
95.34
EMA 50
90.54
EMA 200
70.07
20d high
-2.4%
5y high
-2.4%
5y range
97th
Website · 1,437 employees · United States

Positions held

Your positions

HNGE isn't in your positions.

Add it to see shares, cost, and P&L here.

Score
56
Hold
swing
Signal
Strong Buy
Target
$108.77
Stop
$92.62
Stop distance
10.0%
Target vs last
+5.7%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Hinge Health operates in the rapidly growing health information services industry, focusing on digital health solutions that address musculoskeletal conditions, which are a leading cause of disability and healthcare cost
  • Revenue increased by 17% compared to the prior quarter, reaching $213 million.
  • The gross margin improved to 86.4%, up from 84.6% in the previous quarter.
Bear case
  • Despite growth, Hinge Health has faced significant operating losses, with an operating margin of -44.6% in 2023.
  • The company reported a net income loss of $108.141 million in 2023, indicating ongoing financial challenges.
  • The debt-to-equity ratio stands at 1.709, suggesting a reliance on debt financing which could pose risks in a rising interest rate environment.

Fundamentals

Market cap$7.91BEnterprise value$7.52BTrailing P/E32.34Forward P/E32.05
PEG—Price / book22.83Beta—Dividend yield0.00%
Revenue growth53.0%Earnings growth—Gross margin84.5%Operating margin19.0%
Profit margin15.1%ROE30.4%ROA7.7%Debt / equity0.02
Current ratio1.34Free cash flow$299.65MAnalyst recommendationbuyMean target$110.56
52w high$100.3652w low$30.08

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$213M$182M$171M$154M$139M
Op margin19.0%17.6%16.0%-4.0%-417.5%
Net income$43.7M$35.1M$32.1M-$1.8M-$576M
Gross margin86.4%84.6%84.4%81.8%70.3%
Gross profit$184M$154M$144M$126M$97.8M
Operating income$40.4M$32.1M$27.3M-$6.1M-$581M
  • Revenue +17% vs prior quarter ($213M vs $182M).
  • Gross margin 86.4% (was 84.6% prior quarter).
  • Operating margin expanded to 19%.

Yearly (6y)

202520242023
Revenue$588M$390M$293M
Op margin-92.9%-8.2%-44.6%
Net income-$528M-$11.9M-$108M
Gross margin79.6%76.8%66.3%
Gross profit$468M$300M$194M
Operating income-$546M-$31.9M-$131M
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

HNGE · daily+4.1% over 13 sessions
Close EMA21 EMA50 EMA200
89.2292.1495.0597.97100.892026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$576M-$379M-$181M$16M$213M-417%-166%86%2025-Q22025-Q32025-Q42026-Q12026-Q2