Progyny, Inc. (PGNY) - Stock Analysis

Last updated: Aug 9, 2026

Research Idea

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

Healthcare momentum candidate with shareholder support: stock rose about 23% over 21 trading days and is near recent highs. Q1 2026 revenue was $328.5M with improved margins and solid cash flow, while management authorized a new $200M repurchase program.

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Idea window: 7/20/2026 – 7/27/2026Sector: Healthcare

AI Analyst Overview

Last Price
$26.57
Market Cap
$2.08B
1D Return
-4.60%
YTD Return
+3.47%

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Valuation Metrics

P/E
27.4
P/B
4.6
P/S
1.6
EV/EBITDA
16.4
Div Yield
—

Fundamental Analysis

7.0

Key Financial Insights: • Strong Cash Flow • Higher Leverage • Rich Valuation PGNY shows solid profitability and strong free cash flow with manageable liquidity, but rising leverage, a richer valuation, and heavy stock compensation temper the outlook.

CashFlow
Dilution

Price Behavior

4.0

Key Price Behavior Insights: • Trend Breakdown • Support Failure • Rebound Risk Support Level: $28.80-$29.00 Resistance Level: $30.70-$31.50 PGNY's trend has weakened over the last month as the July uptrend reversed into a lower-high/lower-low breakdown below $30, leaving $28.80-$29.00 as near-term support and $30.70-$31.50 as resistance.

bearish
supporttest

Sentiment & News

7.0

Key News Insights: • Strong Q2 beat • Record profitability • 2027 setup Progyny delivered a strong Q2 earnings beat with record revenue and profitability, but the stock remained volatile as investors weighed insider selling, conference news, and a favorable outlook for 2027.

earningsbeat
volatility
AI

AI Summary

6.0
Neutral

PGNY now looks less like a simple defensive healthcare grower and more like a durability test: strong cash flow and solid margins support the stock, but the key investment question is whether management can sustain growth through the summer slowdown and into the tougher 2027 selling season, because if visibility fades the current valuation and buyback won't prevent multiple compression.

CashFlow
Valuation
Visibility
AI summary updated 2 days ago

Description

Progyny is a U.S. benefits management company that provides employer-sponsored fertility and family-building programs through tailored plan design, concierge-style member support, and a curated network of reproductive specialists. The company also offers an integrated pharmacy service for treatment medications and administers employer-funded surrogacy and adoption reimbursement programs. Incorporated in 2008 as Auxogyn and renamed Progyny in 2015, it is headquartered in New York City.

Idea History

DateCloseTickerCompanySummaryStatusP/L
Jul 20Jul 27PGNYProgyny, Inc.
Healthcare momentum candidate with shareholder support: stock rose about 23% over 21 trading days and is near recent highs. Q1 2026 revenue was $328.5M with improved margins and solid cash flow, while management authorized a new $200M repurchase program.
Closed-0.6%
Jul 13Jul 20PGNYProgyny, Inc.
Healthcare services momentum candidate: stock gained about 23.7% over 21 trading days and closed at a short-term high, supported by record Q1 2026 revenue of $328.5M, a new $200M buyback, healthy free cash flow, and favorable estimate-revision headlines on 2026-07-09.
Closed-0.7%
Jul 2Jul 9PGNYProgyny, Inc.
Favorable momentum plus capital return: stock is up about 19% over 21 trading days at a fresh short-term high, Q1 revenue reached a record $328.5M, free cash flow was $39.6M, leverage is low, and the board approved a new $200M buyback.
Closed+2.8%
May 11May 18PGNYProgyny, Inc.
Healthcare services momentum with supportive fundamentals: record Q1 revenue of $328.5M, EPS beat, robust demand commentary, Progyny Select launch, and 8.8M shares repurchased since November. The stock surged about 45% over 21 trading days and 28% over the last five sessions, showing strong near-term follow-through.
Closed+6.7%
Research content for educational purposes only. Not investment advice. All decisions are your responsibility.