Hinge Health, Inc. (HNGE) - Stock Analysis

Last updated: Sep 20, 2026

Research Idea

Research content for general circulation. Not individualized advice. Methodology & Disclosures

Positive catalyst-plus-momentum setup: Q1 revenue grew 47% YoY to $182.3M, net income turned positive at $35.1M, free cash flow was $41.6M, and management raised full-year guidance. Product expansion, 24 state employee health plan clients, and strong ROI data support near-term sentiment.

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Idea window: 6/17/2026 – 6/24/2026Sector: Healthcare

AI Analyst Overview

Last Price
$95.57
Market Cap
$7.40B
1D Return
+3.90%
YTD Return
+105.75%

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Valuation Metrics

P/E
71.0
P/B
21.9
P/S
10.3
EV/EBITDA
71.9
Div Yield
—

Fundamental Analysis

8.0

Key Financial Insights: • Profitability Rebound • Strong Cash Flow • Balance Sheet Risk HNGE's strong quarterly profitability and cash flow mark a major turnaround, but elevated valuation, dilution, and legacy balance-sheet deficits warrant caution.

Turnaround
ValuationRisk

Price Behavior

7.0

Key Price Behavior Insights: • Strong monthly gain • Resistance test • Pullback support Support Level: $92.30–$92.70 Resistance Level: $94.80–$94.90 HNGE gained 10.8% over the last month and remains bullish above its average, but traders should watch for a sustained break above $94.90 or a pullback toward $92.30–$92.70.

Bullish
Breakout

Sentiment & News

6.0

Key News Insights: • Technical Support • Heavy Insider Selling • Short Interest HNGE shows technical momentum and short-squeeze interest, but significant insider and institutional selling warrants caution.

HNGE
ShortSqueeze
AI

AI Summary

7.0
Positive

HNGE has reached a compelling profitability and cash-flow inflection, but at ~52x EV/EBITDA near all-time highs, investors should require continued upside in core MSK growth and margin durability before adding aggressively; Cylinder is upside optionality, not yet a proven value driver.

Profitability
ValuationRisk
CylinderAcquisition
AI summary updated 6 days ago

Description

Hinge Health develops software for musculoskeletal care, providing digital programs and services that support treatment of acute injuries, chronic pain and post-operative rehabilitation. The company also offers administrative and operational support to health plans and employers. Founded in 2012, it is headquartered in San Francisco, California.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jun 17Jun 24HNGEHinge Health, Inc.
Positive catalyst-plus-momentum setup: Q1 revenue grew 47% YoY to $182.3M, net income turned positive at $35.1M, free cash flow was $41.6M, and management raised full-year guidance. Product expansion, 24 state employee health plan clients, and strong ROI data support near-term sentiment.
Closed+5.3%
May 14May 21HNGEHinge Health, Inc.
Healthcare momentum candidate with strong execution: Q1 revenue was $182M, up 47% YoY and ahead of expectations, margins improved, management raised full-year revenue guidance, and Q1 free cash flow was $41.6M. Stock is up about 25% over the last 21 trading days with only a modest pullback from its recent high.
Closed+2.3%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.