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Progyny, Inc.

PGNY

Last
$27.93
Day
+0.4%
1y
+35.3%
5y
-51.7%
52w
-15.8%
SPY YTD
+13.3%
XLV
+8.1%
Earnings
2026-11-0525d
EMA 21
26.46
EMA 50
26.76
EMA 200
25.14
20d high
-1.7%
5y high
-59.3%
5y range
26th
Website · 835 employees · United States

Positions held

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Score
34
Hold
swing
Signal
Strong Buy
Target
$29.56
Stop
$26.39
Stop distance
5.5%
Target vs last
+5.8%

Bull / bear case

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

Bull case
  • Progyny operates in the growing healthcare plans industry, which is increasingly focusing on personalized and comprehensive fertility benefits, positioning itself as a leader in this niche market.
  • In Q2 2026, Progyny reported a revenue of $350.511 million, reflecting a 7% increase compared to the previous quarter.
  • The company's gross margin improved to 25.5% in Q2 2026, up from 25.3% in the prior quarter.
Bear case
  • Despite its growth, Progyny's high debt-to-equity ratio of 5.95 raises concerns about financial stability and risk management.
  • The operating margin for Q4 2025 was only 4.78%, indicating potential inefficiencies in cost management.
  • Progyny's trailing P/E ratio stands at 28.16, suggesting that the stock may be overvalued compared to its earnings growth potential.

Fundamentals

Market cap$2.14BEnterprise value$1.93BTrailing P/E30.25Forward P/E12.00
PEG—Price / book4.71Beta1.02Dividend yield0.00%
Revenue growth5.3%Earnings growth78.9%Gross margin24.6%Operating margin11.4%
Profit margin6.0%ROE16.2%ROA10.1%Debt / equity0.06
Current ratio2.14Free cash flow$196.47MAnalyst recommendationstrong_buyMean target$34.42
52w high$33.0752w low$16.10

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q2
Revenue$351M$329M$318M$313M$333M
Op margin11.4%10.8%4.8%6.9%7.3%
Net income$28.1M$24.2M$12.5M$13.9M$17.1M
Gross margin25.5%25.3%24.1%23.2%23.7%
Gross profit$89.3M$83.1M$76.9M$72.8M$79.0M
Operating income$40.0M$35.4M$15.2M$21.5M$24.4M
  • Revenue +7% vs prior quarter ($351M vs $329M).
  • Gross margin 25.5% (was 25.3% prior quarter).

Yearly (6y)

20252024202320222021
Revenue$1.3B$1.2B$1.1B$787M—
Op margin6.6%5.8%5.7%3.0%—
Net income$58.5M$54.3M$62.0M$30.4M—
Gross margin23.6%21.7%21.9%21.3%—
Gross profit$304M$253M$239M$167M—
Operating income$85.3M$67.5M$62.2M$23.3M—
Headline scan

No flags

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

News

PGNY · daily+6.1% over 13 sessions
Close EMA21 EMA50 EMA200
24.1325.2326.3227.4228.522026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
$0M$88M$175M$263M$351M0%13%25%2025-Q22025-Q32025-Q42026-Q12026-Q2