{"id":824,"date":"2026-06-16T11:42:13","date_gmt":"2026-06-16T11:42:13","guid":{"rendered":"https:\/\/equitiesorbis.com\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/"},"modified":"2026-06-16T11:43:14","modified_gmt":"2026-06-16T11:43:14","slug":"hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83","status":"publish","type":"post","link":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/","title":{"rendered":"Hims &#038; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743"},"content":{"rendered":"\n<p><em>\u6df1\u5ea6\u5206\u6790\u8fdc\u7a0b\u533b\u7597\u5e73\u53f0\u5982\u4f55\u5e94\u5bf9\u76d1\u7ba1\u52a8\u8361\u3001\u53d8\u9769\u6027\u7684\u8bfa\u548c\u8bfa\u5fb7\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\uff0c\u4ee5\u53ca\u5e02\u573a\u5b9a\u4ef7\u4e3a\u96f6\u7684\u5de8\u5927\u591a\u80bd\u673a\u9047\u3002<\/em><\/p>\n\n<p>Equities Orbis | 2026 \u5e74 6 \u6708 15 \u65e5<\/p>\n\n<p>\u8fdc\u7a0b\u533b\u7597\u9886\u57df\u6b63\u7ecf\u5386\u7740\u6b8b\u9177\u7684\u4f18\u80dc\u52a3\u6c70\uff0c\u5c06\u5355\u7eaf\u5206\u53d1\u836f\u7269\u7684\u5e73\u53f0\u4e0e\u6784\u5efa\u6301\u4e45\u3001\u5782\u76f4\u5316\u533b\u7597\u57fa\u7840\u8bbe\u65bd\u7684\u5e73\u53f0\u533a\u5206\u5f00\u6765\u3002Hims &amp; Hers Health (HIMS) \u6b63\u5904\u4e8e\u8fd9\u573a\u53d8\u9769\u7684\u4e2d\u5fc3\u3002\u5728\u7ecf\u5386\u4e86\u76d1\u7ba1\u5ba1\u67e5\u3001\u4ece\u590d\u5408 GLP-1 \u836f\u7269\u5927\u5e45\u8f6c\u578b\u4ee5\u53ca\u4ee4\u6563\u6237\u6295\u8d44\u8005\u611f\u5230\u4e0d\u5b89\u7684 GAAP \u51c0\u4e8f\u635f\u6240\u6807\u5fd7\u7684\u52a8\u8361\u7b2c\u4e00\u5b63\u5ea6\u540e\uff0c\u8be5\u80a1\u5df2\u4ece 2025 \u5e74 7 \u6708\u7684\u9ad8\u70b9\u66b4\u8dcc\u8fd1 60%\uff0c\u76ee\u524d\u5728\u6bcf\u80a1 28 \u7f8e\u5143\u5de6\u53f3\u5f98\u5f8a\u3002\u7136\u800c\uff0c\u5728 9,200 \u4e07\u7f8e\u5143 GAAP \u4e8f\u635f\u7684\u5934\u6761\u65b0\u95fb\u4e4b\u4e0b\uff0c\u9690\u85cf\u7740\u4e00\u5bb6\u62e5\u6709 7.51 \u4ebf\u7f8e\u5143\u73b0\u91d1\u3001\u7528\u6237\u589e\u957f\u52a0\u901f\u4e14\u5728 2026 \u5e74 7 \u6708\u5373\u5c06\u8fce\u6765\u91cd\u5927\u76d1\u7ba1\u50ac\u5316\u5242\u7684\u516c\u53f8\u3002\u5bf9\u4e8e\u5bfb\u6c42\u5177\u6709\u663e\u8457\u52bf\u80fd\u6f5c\u529b\u7684\u5b9a\u4ef7\u9519\u8bef\u8d44\u4ea7\u7684\u62d0\u70b9\u4ea4\u6613\u8005\u800c\u8a00\uff0cHIMS \u63d0\u4f9b\u4e86\u4e00\u4e2a\u6781\u5177\u5438\u5f15\u529b\u4f46\u6ce2\u52a8\u6027\u8f83\u5927\u7684\u673a\u4f1a\u3002    <\/p>\n\n<h2 class=\"wp-block-heading\">GAAP \u6742\u97f3\u80cc\u540e\u7684\u8d22\u52a1\u73b0\u5b9e<\/h2>\n\n<p>\u5e02\u573a\u5bf9 Hims &amp; Hers 2026 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u8d22\u62a5\u7684\u53cd\u5e94\u8fc5\u901f\u4e14\u4e25\u5389\uff0c\u8fd9\u4e3b\u8981\u662f\u53d7 9,200 \u4e07\u7f8e\u5143 GAAP \u51c0\u4e8f\u635f\u7684\u9a71\u52a8\u2014\u2014\u8fd9\u662f\u81ea 2023 \u5e74\u7b2c\u56db\u5b63\u5ea6\u4ee5\u6765\u7684\u9996\u6b21\u4e8f\u635f\u3002\u7136\u800c\uff0c\u5bf9\u8d44\u4ea7\u8d1f\u503a\u8868\u7684\u6df1\u5165\u68c0\u67e5\u63ed\u793a\u4e86\u4f1a\u8ba1\u5f02\u5e38\u4e4b\u4e0b\u7a33\u56fa\u7684\u8d22\u52a1\u57fa\u7840\u3002\u4e8f\u635f\u4e3b\u8981\u53d7\u7ea6 3,300 \u4e07\u7f8e\u5143\u91cd\u7ec4\u8d39\u7528\u7684\u5f71\u54cd\uff0c\u7279\u522b\u662f\u4e0e\u653e\u5f03\u590d\u5408 GLP-1 \u4f9b\u5e94\u94fe\u76f8\u5173\u7684 2,800 \u4e07\u7f8e\u5143\u51cf\u503c\u3002\u5176\u4ed6\u975e\u73b0\u91d1\u9879\u76ee\u5305\u62ec\uff1a\u56e0\u6536\u8d2d\u8868\u73b0\u8d85\u51fa\u9884\u671f\u800c\u4ea7\u751f\u7684 1,760 \u4e07\u7f8e\u5143\u6216\u6709\u5bf9\u4ef7\u8c03\u6574\u3001\u6765\u81ea <a href=\"https:\/\/investors.hims.com\/overview\/default.aspx\">Eucalyptus<\/a> \u548c ZAVA \u6574\u5408\u7684 1,340 \u4e07\u7f8e\u5143\u5e76\u8d2d\u6210\u672c\uff0c\u4ee5\u53ca 970 \u4e07\u7f8e\u5143\u7684\u672a\u5b9e\u73b0\u6295\u8d44\u635f\u5931\u3002   <\/p>\n\n<p>\u8be5\u5b63\u5ea6\u8425\u6536\u8fbe\u5230 6.08 \u4ebf\u7f8e\u5143\uff0c\u540c\u6bd4\u589e\u957f 4%\uff0c\u7565\u4f4e\u4e8e\u5e02\u573a\u5171\u8bc6\u9884\u671f\u7684 875 \u4e07\u7f8e\u5143\u3002\u4f46\u8fd9\u79cd\u589e\u901f\u653e\u7f13\u662f\u7531\u6536\u5165\u786e\u8ba4\u65f6\u70b9\u9020\u6210\u7684\u89c6\u89c9\u9519\u89c9\u3002\u901a\u8fc7\u4ece\u9884\u4ed8\u590d\u5408\u836f\u7269\u9500\u552e\u8f6c\u5411\u6708\u5ea6\u54c1\u724c\u8ba2\u9605\u6a21\u5f0f\uff0cHIMS \u9012\u5ef6\u4e86\u7ea6 6,500 \u4e07\u7f8e\u5143\u7684\u6536\u5165\u3002\u82e5\u9488\u5bf9\u8fd9\u4e00\u8f6c\u578b\u8fdb\u884c\u8c03\u6574\uff0c\u53ef\u6bd4\u8425\u6536\u589e\u957f\u5c06\u63a5\u8fd1 15%\u3002\u6b64\u5916\uff0c\u56fd\u9645\u4e1a\u52a1\u8425\u6536\u6fc0\u589e 969% \u81f3 7,800 \u4e07\u7f8e\u5143\uff0c\u8fd9\u5f97\u76ca\u4e8e\u8fd1\u671f\u5bf9 Eucalyptus \u7684\u6536\u8d2d\uff0c\u8be5\u6536\u8d2d\u4e3a\u751f\u6001\u7cfb\u7edf\u5e26\u6765\u4e86\u6fb3\u5927\u5229\u4e9a\u3001\u65e5\u672c\u3001\u5fb7\u56fd\u548c\u52a0\u62ff\u5927\u7684 550,000 \u540d\u5ba2\u6237\u3002    <\/p>\n\n<p>\u4f30\u503c\u6307\u6807\u8868\u660e\uff0c\u5e02\u573a\u5728\u5bf9\u5cf0\u503c\u6267\u884c\u98ce\u9669\u8fdb\u884c\u5b9a\u4ef7\uff0c\u5374\u5ffd\u89c6\u4e86\u8be5\u5e73\u53f0\u7684\u73b0\u91d1\u751f\u6210\u80fd\u529b\u3002HIMS \u7684\u8fdc\u671f\u975e GAAP \u5e02\u76c8\u7387\u4e3a 13.87 \u500d\uff0c\u4f01\u4e1a\u4ef7\u503c\/\u9500\u552e\u989d (EV\/Sales) \u500d\u6570\u4e3a 2.78 \u500d\u3002\u7531\u4e8e\u91cd\u7ec4\uff0cEV\/EBITDA \u6bd4\u7387\u76ee\u524d\u88ab\u538b\u7f29\u5728 78 \u500d\u81f3 85 \u500d\u4e4b\u95f4\uff0c\u8fd9\u63a9\u76d6\u4e86\u516c\u53f8\u81ea\u7531\u73b0\u91d1\u6d41\u7684\u751f\u6210\u80fd\u529b\uff0c\u8be5\u5b63\u5ea6\u81ea\u7531\u73b0\u91d1\u6d41\u4fdd\u6301\u5728 5,300 \u4e07\u7f8e\u5143\u7684\u5065\u5eb7\u6c34\u5e73\u3002\u7ba1\u7406\u5c42\u5c06 2026 \u8d22\u5e74\u8425\u6536\u6307\u5f15\u4e0a\u8c03\u81f3 28 \u4ebf\u81f3 30 \u4ebf\u7f8e\u5143\uff0c\u9884\u8ba1\u8c03\u6574\u540e EBITDA \u5728 2.75 \u4ebf\u81f3 3.5 \u4ebf\u7f8e\u5143\u4e4b\u95f4\u3002\u516c\u53f8 2030 \u5e74\u7684\u76ee\u6807\u4ecd\u662f\u5b9e\u73b0 65 \u4ebf\u7f8e\u5143\u8425\u6536\u548c 13 \u4ebf\u7f8e\u5143\u8c03\u6574\u540e EBITDA \u7684\u5b8f\u4f1f\u76ee\u6807\u3002    <\/p>\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>\u6307\u6807<\/strong><\/td><td><strong>2026 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u5b9e\u9645\u503c<\/strong><\/td><td><strong>\u540c\u6bd4\u53d8\u5316 \/ \u5907\u6ce8<\/strong><\/td><\/tr><tr><td><strong>\u8425\u6536<\/strong><\/td><td>6.08 \u4ebf\u7f8e\u5143<\/td><td>+4%\uff08\u56e0\u8f6c\u578b\u5bfc\u81f4\u7684\u89c6\u89c9\u504f\u5dee\uff09<\/td><\/tr><tr><td><strong>\u8ba2\u9605\u7528\u6237\u6570<\/strong><\/td><td>258 \u4e07<\/td><td>\u540c\u6bd4\u589e\u957f 9%<\/td><\/tr><tr><td><strong>\u81ea\u7531\u73b0\u91d1\u6d41<\/strong><\/td><td>5,300 \u4e07\u7f8e\u5143<\/td><td>\u5f3a\u52b2\u7684\u6d41\u52a8\u6027\u751f\u6210<\/td><\/tr><tr><td><strong>\u8c03\u6574\u540e EBITDA<\/strong><\/td><td>4,400 \u4e07\u7f8e\u5143<\/td><td>7% \u5229\u6da6\u7387\uff08\u53d7\u91cd\u7ec4\u5f71\u54cd\uff09<\/td><\/tr><tr><td><strong>\u8fdc\u671f\u5e02\u76c8\u7387 (Non-GAAP)<\/strong><\/td><td>13.87x<\/td><td>\u6210\u957f\u578b\u5e73\u53f0\u7684\u6df1\u5ea6\u4ef7\u503c<\/td><\/tr><\/tbody><\/table><\/figure>\n\n<h2 class=\"wp-block-heading\">GLP-1 \u8f6c\u578b\u4e0e\u8bfa\u548c\u8bfa\u5fb7\u8054\u76df<\/h2>\n\n<p>HIMS \u6700\u5173\u952e\u7684\u53d9\u4e8b\u8f6c\u53d8\u53d1\u751f\u5728 2026 \u5e74 3 \u6708\uff0c\u5728 <a href=\"https:\/\/www.fda.gov\/drugs\/drug-alerts-and-statements\/fdas-concerns-unapproved-glp-1-drugs-used-weight-loss\">FDA<\/a>\u3001\u53f8\u6cd5\u90e8 (DOJ) \u548c\u8bc1\u5238\u4ea4\u6613\u59d4\u5458\u4f1a (SEC) \u5bf9\u5176\u77ed\u671f\u63a8\u51fa\u7684 49 \u7f8e\u5143\u590d\u5408\u836f\u7247\u8fdb\u884c\u4e25\u683c\u5ba1\u67e5\u540e\uff0c\u8be5\u516c\u53f8\u7a81\u7136\u505c\u6b62\u4e86\u590d\u5408 GLP-1 \u836f\u7269\u7684\u5e7f\u544a\u3002\u76f8\u53cd\uff0cHIMS \u8d70\u51fa\u4e86\u4e00\u6b65\u6218\u7565\u5999\u68cb\uff1a\u76f4\u63a5\u4e0e\u8bfa\u548c\u8bfa\u5fb7\u5408\u4f5c\uff0c\u901a\u8fc7\u5176\u5e73\u53f0\u5206\u9500\u54c1\u724c\u836f Wegovy\u3002 <\/p>\n\n<p>\u8fd9\u4e00\u8f6c\u578b\u7acb\u5373\u964d\u4f4e\u4e86\u76d1\u7ba1\u98ce\u9669\uff0c\u540c\u65f6\u52a0\u901f\u4e86\u589e\u957f\u3002\u5728\u5408\u4f5c\u540e\u7684\u516d\u5468\u5185\uff0cHIMS \u5b8c\u6210\u4e86\u8d85\u8fc7 125,000 \u4efd Wegovy \u51fa\u8d27\uff0c\u786e\u7acb\u4e86\u6bcf\u6708\u65b0\u589e\u8d85\u8fc7 100,000 \u540d\u51cf\u91cd\u8ba2\u9605\u7528\u6237\u7684\u8fd0\u884c\u7387\u3002\u867d\u7136\u54c1\u724c\u4ea7\u54c1\u7684\u6bdb\u5229\u7387\u4f4e\u4e8e\u590d\u5408\u66ff\u4ee3\u54c1\uff0c\u4f46\u66f4\u9ad8\u7684\u5b9a\u4ef7\uff08\u5728 39 \u7f8e\u5143\u7684\u521d\u59cb\u8bd5\u7528\u4ef7\u540e\u4e3a 149 \u7f8e\u5143\/\u6708\uff09\u4f7f\u5f97\u5355\u4f4d\u7ecf\u6d4e\u6548\u76ca\u5927\u81f4\u76f8\u5f53\u3002\u8fd9\u91cc\u7684\u4e3b\u8981\u98ce\u9669\u662f\u6d41\u5931\u7387\u2014\u2014\u6d88\u8d39\u8005\u662f\u5426\u80fd\u63a5\u53d7\u4ef7\u683c\u4e0a\u6da8\u2014\u2014\u4f46\u65e9\u671f\u7684\u53c2\u4e0e\u5ea6\u6307\u6807\uff08\u5305\u62ec\u8fd1 90% \u7684\u5e94\u7528\u4e0b\u8f7d\u7387\u548c\u9996\u6708\u5e73\u5747\u4e09\u6b21\u4e34\u5e8a\u533b\u751f\u54a8\u8be2\uff09\u8868\u660e\u4e86\u5f3a\u52b2\u7684\u7559\u5b58\u6f5c\u529b\u3002\u5728\u52a0\u62ff\u5927\uff0c\u968f\u7740\u8bfa\u548c\u8bfa\u5fb7\u4e13\u5229\u5230\u671f\uff0cHIMS \u540c\u6b65\u63a8\u51fa\u4e86\u6bcf\u6708 149 \u52a0\u5143\u7684\u4eff\u5236\u53f8\u7f8e\u683c\u9c81\u80bd\uff0c\u4ef7\u683c\u4f4e\u4e8e\u8be5\u5e02\u573a\u7684\u6240\u6709\u7ade\u4e89\u5bf9\u624b\u3002    <\/p>\n\n<p><strong>\u5bf9\u8bfa\u548c\u8bfa\u5fb7 (NVO) \u7684\u8bc4\u7ea7\uff1a\u6301\u6709\u3002\u76ee\u6807\u4ef7\uff1a$49.50\u3002<\/strong> \u8bfa\u548c\u8bfa\u5fb7\u4ecd\u662f GLP-1 \u9886\u57df\u65e0\u53ef\u4e89\u8bae\u7684\u738b\u8005\uff0c\u4f46\u5176\u4f30\u503c\u4f3c\u4e4e\u8fc7\u9ad8\u3002\u8be5\u80a1\u5728 47 \u7f8e\u5143\u9644\u8fd1\u4ea4\u6613\uff0c\u7565\u4f4e\u4e8e\u5171\u8bc6\u76ee\u6807\u4ef7\uff0c\u53cd\u6620\u51fa\u8fd1\u671f\u4e0a\u6da8\u7a7a\u95f4\u6709\u9650\u3002\u867d\u7136\u4e0e HIMS \u7684\u5408\u4f5c\u6269\u5927\u4e86\u5176\u5206\u9500\u62a4\u57ce\u6cb3\uff0c\u4f46\u4ea7\u80fd\u9650\u5236\u4ee5\u53ca\u6765\u81ea\u793c\u6765\u7684\u65e5\u76ca\u6fc0\u70c8\u7684\u7ade\u4e89\u9650\u5236\u4e86\u5e02\u76c8\u7387\u5927\u5e45\u6269\u5f20\u7684\u6f5c\u529b\u3002  <\/p>\n\n<h2 class=\"wp-block-heading\">\u76d1\u7ba1\u50ac\u5316\u5242\uff1a200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u8d4c\u6ce8<\/h2>\n\n<p>\u5f53\u5e02\u573a\u5173\u6ce8 GLP-1 \u8f6c\u578b\u65f6\uff0c\u5b8c\u5168\u5ffd\u89c6\u4e86\u5b9a\u4e8e 2026 \u5e74 7 \u6708 23 \u65e5\u81f3 24 \u65e5\u4e3e\u884c\u7684 FDA \u836f\u7269\u590d\u5408\u54a8\u8be2\u59d4\u5458\u4f1a\u4f1a\u8bae\u3002\u8be5\u5c0f\u7ec4\u5c06\u5ba1\u67e5 12 \u79cd\u590d\u5408\u591a\u80bd\uff0c\u5305\u62ec BPC-157\u3001TB-500 \u548c Semax\u3002HIMS \u5df2\u6084\u7136\u5efa\u7acb\u4e86\u5de8\u5927\u7684\u57fa\u7840\u8bbe\u65bd\u4f18\u52bf\uff0c\u4e8e 2025 \u5e74\u6536\u8d2d\u4e86\u4e00\u5bb6\u4f4d\u4e8e\u7f8e\u56fd\u7684\u591a\u80bd\u5236\u9020\u5de5\u5382\uff0c\u5e76\u62e5\u6709\u8d85\u8fc7 100 \u4e07\u5e73\u65b9\u82f1\u5c3a\u7684 503A \u590d\u5408\u8bbe\u65bd\u3002<a href=\"https:\/\/www.canaccordgenuity.com\/\">Canaccord Genuity<\/a> \u4f30\u8ba1\uff0c\u590d\u5408\u591a\u80bd\u7684\u603b\u6f5c\u5728\u5e02\u573a\uff08\u4e0d\u5305\u62ec GLP-1\uff09\u5728\u672a\u6765\u4e09\u5230\u4e94\u5e74\u5185\u53ef\u80fd\u8fbe\u5230 200 \u4ebf\u7f8e\u5143\u3002\u6bcf\u83b7\u5f97 1% \u7684\u5e02\u573a\u4efd\u989d\uff0c\u5c31\u610f\u5473\u7740 HIMS \u5c06\u589e\u52a0\u7ea6 2 \u4ebf\u7f8e\u5143\u7684\u8425\u6536\u3002\u5982\u679c FDA \u7684\u88c1\u51b3\u63d0\u4f9b\u4e86\u76d1\u7ba1\u900f\u660e\u5ea6\uff0cHIMS \u5c06\u5b8c\u7f8e\u5730\u5360\u636e\u4e3b\u5bfc\u8fd9\u4e00\u5229\u6da6\u4e30\u539a\u3001\u9ad8\u5229\u6da6\u7c7b\u522b\u7684\u5730\u4f4d\uff0c\u800c\u8be5\u7c7b\u522b\u76ee\u524d\u5728\u80a1\u4ef7\u4e2d\u88ab\u8ba1\u4e3a\u96f6\u4ef7\u503c\u3002    <\/p>\n\n<h2 class=\"wp-block-heading\">\u62e5\u6324\u5e02\u573a\u4e2d\u7684\u7ade\u4e89\u5b9a\u4f4d<\/h2>\n\n<p>\u8fdc\u7a0b\u533b\u7597\u548c\u51cf\u91cd\u9886\u57df\u7684\u7ade\u4e89\u5f02\u5e38\u6b8b\u9177\uff0c\u4f46 HIMS \u5c55\u73b0\u51fa\u4e86\u4f18\u4e8e\u540c\u884c\u7684\u7ed3\u6784\u6027\u4f18\u52bf\u3002<\/p>\n\n<p><strong>WeightWatchers (WW)\uff1a\u5356\u51fa\u3002\u76ee\u6807\u4ef7\uff1a$12.00\u3002<\/strong> WeightWatchers \u906d\u53d7\u91cd\u521b\uff0c\u80a1\u4ef7\u4eca\u5e74\u4ee5\u6765\u4e0b\u8dcc 45.5%\uff0c\u81f3\u7ea6 17 \u7f8e\u5143\u3002\u5c3d\u7ba1\u901a\u8fc7\u4e0e <a href=\"https:\/\/lillydirect.lilly.com\/\">LillyDirect<\/a> \u5408\u4f5c\u6574\u5408\u4e86 GLP-1 \u62a4\u7406\uff0c\u4f46\u8fd9\u4e00\u4f20\u7edf\u54c1\u724c\u4ecd\u4e3e\u6b65\u7ef4\u8270\u30022026 \u5e74\u7b2c\u4e00\u5b63\u5ea6\u663e\u793a\uff0c\u5728\u4ec5 1.68 \u4ebf\u7f8e\u5143\u7684\u8425\u6536\u4e0b\uff0c\u51c0\u4e8f\u635f\u8fbe 5,200 \u4e07\u7f8e\u5143\u3002\u8be5\u516c\u53f8\u8d1f\u503a\u7d2f\u7d2f\uff0c\u5e76\u9762\u4e34\u6668\u661f\u516c\u53f8\u6781\u9ad8\u7684\u4e0d\u786e\u5b9a\u6027\u8bc4\u7ea7\u3002\u5411\u4e34\u5e8a\u51cf\u91cd\u7684\u8f6c\u578b\u611f\u89c9\u662f\u9632\u5fa1\u6027\u7684\u800c\u975e\u8fdb\u653b\u6027\u7684\uff0c\u4e14\u8be5\u54c1\u724c\u7f3a\u4e4f\u4e0e\u4e13\u95e8\u6784\u5efa\u7684\u8fdc\u7a0b\u533b\u7597\u5e73\u53f0\u7ade\u4e89\u7684\u6280\u672f\u57fa\u7840\u8bbe\u65bd\u3002    <\/p>\n\n<p><strong>\u793c\u6765 (LLY)\uff1a\u4e70\u5165\u3002\u76ee\u6807\u4ef7\uff1a$1,250.00\u3002<\/strong> \u793c\u6765\u80a1\u4ef7\u5728 1,021 \u7f8e\u5143\u9644\u8fd1\u4ea4\u6613\uff0c\u51ed\u501f\u7eaf\u7cb9\u7684\u589e\u957f\u8bc1\u660e\u4e86\u5176\u6ea2\u4ef7\u4f30\u503c\uff0829 \u500d\u8fdc\u671f\u5e02\u76c8\u7387\uff09\u7684\u5408\u7406\u6027\uff0c\u6307\u5f15 2026 \u5e74\u8425\u6536\u589e\u957f 28%\uff0c\u6bcf\u80a1\u6536\u76ca\u589e\u957f 50%\u3002LillyDirect \u5e73\u53f0\u7ed5\u8fc7\u4e86\u4f20\u7edf\u7684\u8fdc\u7a0b\u533b\u7597\u4e2d\u95f4\u5546\uff0c\u4f7f\u5236\u9020\u5546\u80fd\u591f\u83b7\u5f97\u6700\u5927\u5229\u6da6\u3002\u9664 Zepbound \u4e4b\u5916\u7684\u7814\u53d1\u7ba1\u7ebf\u6df1\u5ea6\u786e\u4fdd\u4e86 LLY \u4ecd\u662f\u5927\u76d8\u5236\u836f\u80a1\u4e2d\u6700\u7ec8\u7684\u52bf\u80fd\u80a1\u3002\u7f8e\u56fd\u94f6\u884c 1,251 \u7f8e\u5143\u7684\u76ee\u6807\u4ef7\u53cd\u6620\u4e86\u5176\u5728\u80a5\u80d6\u75c7\u836f\u7269\u9886\u57df\u7684\u9886\u5148\u5730\u4f4d\u3002   <\/p>\n\n<p><strong>Ro (Roman Health)\uff1a\u6301\u6709\u3002\u79c1\u52df\u4f30\u503c\u76ee\u6807\uff1a\u6bcf\u80a1 $6.00\u3002<\/strong> \u4f5c\u4e3a HIMS \u7684\u76f4\u63a5\u7ade\u4e89\u5bf9\u624b\uff0cRo \u5efa\u7acb\u4e86\u4ee4\u4eba\u5370\u8c61\u6df1\u523b\u7684\u76f4\u63a5\u9762\u5411\u60a3\u8005\u7684\u57fa\u7840\u8bbe\u65bd\uff0c\u79c1\u52df\u5e02\u573a\u4f30\u503c\u7ea6\u4e3a\u6bcf\u80a1 5.29 \u7f8e\u5143\u81f3 7.07 \u7f8e\u5143\u3002\u7136\u800c\uff0c\u4ed6\u4eec\u7f3a\u4e4f\u516c\u5f00\u5e02\u573a\u7684\u878d\u8d44\u624b\u6bb5\u6765\u8fdb\u884c\u6fc0\u8fdb\u6536\u8d2d\uff0c\u5e76\u4e14\u5728\u6ca1\u6709 HIMS \u5e73\u53f0\u8fd9\u79cd\u5927\u89c4\u6a21\u89c4\u6a21\u7684\u60c5\u51b5\u4e0b\uff0c\u9762\u4e34\u7c7b\u4f3c\u7684\u590d\u5408\u836f\u7269\u76d1\u7ba1\u98ce\u9669\u3002IPO \u524d\u9636\u6bb5\u9650\u5236\u4e86\u5bf9\u5176\u8d22\u52a1\u72b6\u51b5\u7684\u4e86\u89e3\u3002  <\/p>\n\n<p><strong>Noom\uff1a\u5356\u51fa\uff08\u79c1\u52df\uff09\u3002<\/strong> Noom \u7684\u884c\u4e3a\u6559\u7ec3\u6a21\u5f0f\u5728 GLP-1 \u65f6\u4ee3\u6b63\u8fc5\u901f\u5931\u53bb\u76f8\u5173\u6027\u3002\u867d\u7136\u4ed6\u4eec\u63d0\u4f9b\u6bcf\u6708 60 \u81f3 150 \u7f8e\u5143\u4e0d\u7b49\u7684\u836f\u7269\u83b7\u53d6\u670d\u52a1\uff08\u5305\u62ec\u5e94\u7528\u8d39\u548c\u836f\u8d39\uff09\uff0c\u4f46\u6d88\u8d39\u8005\u8d8a\u6765\u8d8a\u9752\u7750\u90a3\u4e9b\u4f18\u5148\u63d0\u4f9b\u65e0\u7f1d\u836f\u7269\u83b7\u53d6\u800c\u975e\u6e38\u620f\u5316\u5fc3\u7406\u5b66\u7684\u5e73\u53f0\u3002\u4ed6\u4eec\u5411\u4e34\u5e8a\u62a4\u7406\u7684\u8f6c\u578b\u4f3c\u4e4e\u592a\u6162\uff0c\u65e0\u6cd5\u5360\u9886\u6709\u610f\u4e49\u7684\u5e02\u573a\u4efd\u989d\u3002  <\/p>\n\n<h2 class=\"wp-block-heading\">HIMS \u7684\u725b\u5e02\u4e0e\u718a\u5e02\u6848\u4f8b<\/h2>\n\n<p><strong>\u725b\u5e02\u6848\u4f8b\uff1a<\/strong>HIMS \u6210\u529f\u5b8c\u6210\u4e86\u5411\u54c1\u724c GLP-1 \u7684\u8f6c\u578b\uff0c\u5728\u4ef7\u683c\u4e0a\u6da8\u7684\u60c5\u51b5\u4e0b\u4fdd\u6301\u4e86\u6bcf\u6708 100,000+ \u7684\u65b0\u589e\u8ba2\u9605\u7528\u6237\u8fd0\u884c\u7387\uff0c\u4e14\u672a\u51fa\u73b0\u5927\u89c4\u6a21\u6d41\u5931\u30027 \u6708\u7684 FDA \u4e13\u5bb6\u7ec4\u4f1a\u8bae\u4f7f\u591a\u80bd\u5e02\u573a\u5408\u6cd5\u5316\uff0c\u5141\u8bb8 HIMS \u5229\u7528\u5176 100 \u4e07\u5e73\u65b9\u82f1\u5c3a\u7684\u590d\u5408\u57fa\u7840\u8bbe\u65bd\u83b7\u53d6\u5de8\u5927\u7684\u65b0\u6536\u5165\u6d41\u3002\u5bf9 Eucalyptus \u7684\u6536\u8d2d\u6269\u5927\u4e86\u56fd\u9645\u8425\u6536\uff0c\u63a8\u52a8 2026 \u8d22\u5e74\u8c03\u6574\u540e EBITDA \u8d85\u8fc7 3 \u4ebf\u7f8e\u5143\u3002\u80a1\u4ef7\u4ece\u4f4e\u8ff7\u7684\u500d\u6570\u91cd\u65b0\u8bc4\u7ea7\uff0c\u56de\u5230\u5386\u53f2\u5e73\u5747\u6c34\u5e73\uff0c\u8f7b\u677e\u7a81\u7834 40 \u7f8e\u5143\u3002   <\/p>\n\n<p><strong>\u718a\u5e02\u6848\u4f8b\uff1a<\/strong>\u54c1\u724c Wegovy \u6bcf\u6708 149 \u7f8e\u5143\u7684\u4ef7\u683c\u88ab\u8bc1\u660e\u8fc7\u9ad8\uff0c\u5bfc\u81f4\u8bd5\u7528\u671f\u540e\u51fa\u73b0\u707e\u96be\u6027\u7684\u7528\u6237\u6d41\u5931\u3002FDA \u5728 7 \u6708\u5bf9\u590d\u5408\u591a\u80bd\u91c7\u53d6\u5f3a\u786c\u7acb\u573a\uff0c\u5bfc\u81f4 2025 \u5e74\u6536\u8d2d\u7684\u5236\u9020\u5de5\u5382\u6210\u4e3a\u95f2\u7f6e\u8d44\u4ea7\u3002\u4e0e\u8bfa\u548c\u8bfa\u5fb7\u7684\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\u56e0\u5b9a\u4ef7\u6216\u5206\u9500\u7ea0\u7eb7\u800c\u7834\u88c2\uff0c\u4f7f HIMS \u5931\u53bb\u53ef\u9760\u7684 GLP-1 \u4f9b\u5e94\u3002\u9ad8\u7a7a\u5934\u5934\u5bf8\uff08\u5360\u6d41\u901a\u80a1\u7684 31.4%\uff09\u548c\u9ad8\u8d1d\u5854\u7cfb\u6570 (2.43) \u52a0\u901f\u4e86\u4e0b\u8dcc\u52bf\u5934\uff0c\u5c06\u80a1\u4ef7\u63a8\u56de 14 \u7f8e\u5143\u9644\u8fd1\u7684 52 \u5468\u4f4e\u70b9\u3002   <\/p>\n\n<h2 class=\"wp-block-heading\">\u7ed3\u8bba<\/h2>\n\n<p>Hims &amp; Hers Health \u6b63\u5728\u6267\u884c\u6559\u79d1\u4e66\u822c\u7684\u62d0\u70b9\u8f6c\u578b\u3002\u7ba1\u7406\u5c42\u901a\u8fc7\u653e\u5f03\u6cd5\u5f8b\u5730\u4f4d\u4e0d\u660e\u7684\u590d\u5408 GLP-1\uff0c\u8f6c\u800c\u4e0e\u8bfa\u548c\u8bfa\u5fb7\u5efa\u7acb\u5408\u6cd5\u5408\u4f5c\u4f19\u4f34\u5173\u7cfb\uff0c\u540c\u65f6\u6269\u5927\u56fd\u9645\u4e1a\u52a1\u5e76\u4e3a\u5de8\u5927\u7684\u591a\u80bd\u673a\u9047\u505a\u51c6\u5907\uff0c\u4ece\u800c\u79ef\u6781\u964d\u4f4e\u4e86\u4e1a\u52a1\u98ce\u9669\u3002GAAP \u4e8f\u635f\u662f\u8868\u8c61\uff0c\u662f\u7531\u91cd\u7ec4\u800c\u975e\u7ecf\u8425\u5931\u8d25\u9a71\u52a8\u7684\u3002\u51ed\u501f\u7a33\u56fa\u7684\u8d44\u4ea7\u8d1f\u503a\u8868\u3001\u52a0\u901f\u589e\u957f\u7684\u8ba2\u9605\u7528\u6237\u4ee5\u53ca\u663e\u8457\u7684\u5185\u90e8\u4eba\u58eb\u589e\u6301\u2014\u2014\u8463\u4e8b\u4f1a\u6210\u5458 David Wells \u6700\u8fd1\u4ee5 24.24 \u7f8e\u5143\u7684\u4ef7\u683c\u8d2d\u4e70\u4e86 48,400 \u80a1\u2014\u2014\u98ce\u9669\/\u56de\u62a5\u7684\u4e0d\u5bf9\u79f0\u6027\u975e\u5e38\u6709\u5229\u3002   <\/p>\n\n<p><strong>\u5bf9 Hims &amp; Hers Health (HIMS) \u7684\u8bc4\u7ea7\uff1a\u4e70\u5165\u3002\u76ee\u6807\u4ef7\uff1a$39.00\u3002<\/strong> \u76ee\u524d 28 \u7f8e\u5143\u7684\u4f30\u503c\u5b9a\u4ef7\u4e86\u6267\u884c\u5931\u8d25\u7684\u98ce\u9669\uff0c\u5374\u5ffd\u89c6\u4e86 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743\u548c\u6838\u5fc3\u5e73\u53f0\u7684\u73b0\u91d1\u751f\u6210\u80fd\u529b\u3002\u8010\u5fc3\u8d44\u672c\u5e94\u5728 7 \u6708 FDA \u50ac\u5316\u5242\u548c\u9884\u671f\u7684\u4e0b\u534a\u5e74 EBITDA \u9636\u68af\u5f0f\u589e\u957f\u4e4b\u524d\u79ef\u7d2f\u80a1\u4efd\u3002 <\/p>\n\n<h2 class=\"wp-block-heading\">\u8bc4\u7ea7\u6458\u8981<\/h2>\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>\u80a1\u7968<\/strong><\/td><td><strong>\u8bc4\u7ea7<\/strong><\/td><td><strong>\u76ee\u6807\u4ef7<\/strong><\/td><\/tr><tr><td><strong>Hims &amp; Hers Health (HIMS)<\/strong><\/td><td>\u4e70\u5165<\/td><td>$39.00<\/td><\/tr><tr><td><strong>\u8bfa\u548c\u8bfa\u5fb7 (NVO)<\/strong><\/td><td>\u6301\u6709<\/td><td>$49.50<\/td><\/tr><tr><td><strong>\u793c\u6765 (LLY)<\/strong><\/td><td>\u4e70\u5165<\/td><td>$1,250.00<\/td><\/tr><tr><td><strong>WeightWatchers (WW)<\/strong><\/td><td>\u5356\u51fa<\/td><td>$12.00<\/td><\/tr><tr><td><strong>Ro (\u79c1\u52df) \/ Noom (\u79c1\u52df)<\/strong><\/td><td>\u6301\u6709 \/ \u5356\u51fa<\/td><td>$6.00 \/ \u4e0d\u9002\u7528<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>\u6df1\u5ea6\u5206\u6790\u8fdc\u7a0b\u533b\u7597\u5e73\u53f0\u5982\u4f55\u5e94\u5bf9\u76d1\u7ba1\u52a8\u8361\u3001\u53d8&hellip;<\/p>\n","protected":false},"author":2,"featured_media":443,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-824","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-48"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hims &amp; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis<\/title>\n<meta name=\"description\" content=\"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/\" \/>\n<meta property=\"og:locale\" content=\"zh_CN\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hims &amp; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis\" \/>\n<meta property=\"og:description\" content=\"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/\" \/>\n<meta property=\"og:site_name\" content=\"Equities Orbis\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T11:42:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-16T11:43:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Julia Rostova\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"\u4f5c\u8005\" \/>\n\t<meta name=\"twitter:data1\" content=\"Julia Rostova\" \/>\n\t<meta name=\"twitter:label2\" content=\"\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 \u5206\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/\"},\"author\":{\"name\":\"Julia Rostova\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#\\\/schema\\\/person\\\/c8eb74d8ef2b9f13116e74e155a6a726\"},\"headline\":\"Hims &#038; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743\",\"datePublished\":\"2026-06-16T11:42:13+00:00\",\"dateModified\":\"2026-06-16T11:43:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/photo_2026-05-06_10-44-44.jpg\",\"articleSection\":[\"\u751f\u7269\u6280\u672f\"],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/\",\"name\":\"Hims & Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/photo_2026-05-06_10-44-44.jpg\",\"datePublished\":\"2026-06-16T11:42:13+00:00\",\"dateModified\":\"2026-06-16T11:43:14+00:00\",\"description\":\"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#breadcrumb\"},\"inLanguage\":\"zh-Hans\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#primaryimage\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/photo_2026-05-06_10-44-44.jpg\",\"contentUrl\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/05\\\/photo_2026-05-06_10-44-44.jpg\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"\u9996\u9875\",\"item\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hims &#038; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#website\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/\",\"name\":\"Equities Orbis\",\"description\":\"Stocks of the World, Revealed.\",\"publisher\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"zh-Hans\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#organization\",\"name\":\"OT Media Inc.\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/photo_2026-04-24_10-17-06.jpg\",\"contentUrl\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/photo_2026-04-24_10-17-06.jpg\",\"width\":64,\"height\":64,\"caption\":\"OT Media Inc.\"},\"image\":{\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/#\\\/schema\\\/person\\\/c8eb74d8ef2b9f13116e74e155a6a726\",\"name\":\"Julia Rostova\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"zh-Hans\",\"@id\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/avatar_user_2_1777114036-96x96.jpg\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/avatar_user_2_1777114036-96x96.jpg\",\"contentUrl\":\"https:\\\/\\\/equitiesorbis.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/avatar_user_2_1777114036-96x96.jpg\",\"caption\":\"Julia Rostova\"},\"description\":\"Julia Rostova is a pragmatic, fundamentally driven analyst who covers the physical building blocks of the global economy: energy, commodities, and infrastructure. Her career began on the ground as a petroleum engineer in the North Sea, providing her with an invaluable understanding of the operational realities behind energy production. She later transitioned to a prominent commodities trading house in Geneva, where she managed a portfolio focused on industrial metals and traditional energy markets. Aurelia holds a Master\u2019s degree in Engineering from Imperial College London\",\"url\":\"https:\\\/\\\/equitiesorbis.com\\\/zh-hans\\\/author\\\/julia-rostova\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hims & Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis","description":"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/","og_locale":"zh_CN","og_type":"article","og_title":"Hims & Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis","og_description":"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.","og_url":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/","og_site_name":"Equities Orbis","article_published_time":"2026-06-16T11:42:13+00:00","article_modified_time":"2026-06-16T11:43:14+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg","type":"image\/jpeg"}],"author":"Julia Rostova","twitter_card":"summary_large_image","twitter_misc":{"\u4f5c\u8005":"Julia Rostova","\u9884\u8ba1\u9605\u8bfb\u65f6\u95f4":"1 \u5206"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#article","isPartOf":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/"},"author":{"name":"Julia Rostova","@id":"https:\/\/equitiesorbis.com\/zh-hans\/#\/schema\/person\/c8eb74d8ef2b9f13116e74e155a6a726"},"headline":"Hims &#038; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743","datePublished":"2026-06-16T11:42:13+00:00","dateModified":"2026-06-16T11:43:14+00:00","mainEntityOfPage":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/"},"wordCount":121,"publisher":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/#organization"},"image":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#primaryimage"},"thumbnailUrl":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg","articleSection":["\u751f\u7269\u6280\u672f"],"inLanguage":"zh-Hans"},{"@type":"WebPage","@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/","url":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/","name":"Hims & Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743 - Equities Orbis","isPartOf":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/#website"},"primaryImageOfPage":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#primaryimage"},"image":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#primaryimage"},"thumbnailUrl":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg","datePublished":"2026-06-16T11:42:13+00:00","dateModified":"2026-06-16T11:43:14+00:00","description":"Global equity research and stock analysis. Valuations, catalysts, and investment theses \u2014 stocks of the world, revealed.","breadcrumb":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#breadcrumb"},"inLanguage":"zh-Hans","potentialAction":[{"@type":"ReadAction","target":["https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/"]}]},{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#primaryimage","url":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg","contentUrl":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44.jpg","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/equitiesorbis.com\/zh-hans\/hims-hers-health-hims%ef%bc%9a%e9%87%8d%e5%a4%a7%e7%9a%84-glp-1-%e8%bd%ac%e5%9e%8b%e4%b8%8e%e4%bb%b7%e5%80%bc-200-%e4%ba%bf%e7%be%8e%e5%85%83%e7%9a%84%e5%a4%9a%e8%82%bd%e6%9c%9f%e6%9d%83\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"\u9996\u9875","item":"https:\/\/equitiesorbis.com\/zh-hans\/"},{"@type":"ListItem","position":2,"name":"Hims &#038; Hers Health (HIMS)\uff1a\u91cd\u5927\u7684 GLP-1 \u8f6c\u578b\u4e0e\u4ef7\u503c 200 \u4ebf\u7f8e\u5143\u7684\u591a\u80bd\u671f\u6743"}]},{"@type":"WebSite","@id":"https:\/\/equitiesorbis.com\/zh-hans\/#website","url":"https:\/\/equitiesorbis.com\/zh-hans\/","name":"Equities Orbis","description":"Stocks of the World, Revealed.","publisher":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/equitiesorbis.com\/zh-hans\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"zh-Hans"},{"@type":"Organization","@id":"https:\/\/equitiesorbis.com\/zh-hans\/#organization","name":"OT Media Inc.","url":"https:\/\/equitiesorbis.com\/zh-hans\/","logo":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/equitiesorbis.com\/zh-hans\/#\/schema\/logo\/image\/","url":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/04\/photo_2026-04-24_10-17-06.jpg","contentUrl":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/04\/photo_2026-04-24_10-17-06.jpg","width":64,"height":64,"caption":"OT Media Inc."},"image":{"@id":"https:\/\/equitiesorbis.com\/zh-hans\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/equitiesorbis.com\/zh-hans\/#\/schema\/person\/c8eb74d8ef2b9f13116e74e155a6a726","name":"Julia Rostova","image":{"@type":"ImageObject","inLanguage":"zh-Hans","@id":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/04\/avatar_user_2_1777114036-96x96.jpg","url":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/04\/avatar_user_2_1777114036-96x96.jpg","contentUrl":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/04\/avatar_user_2_1777114036-96x96.jpg","caption":"Julia Rostova"},"description":"Julia Rostova is a pragmatic, fundamentally driven analyst who covers the physical building blocks of the global economy: energy, commodities, and infrastructure. Her career began on the ground as a petroleum engineer in the North Sea, providing her with an invaluable understanding of the operational realities behind energy production. She later transitioned to a prominent commodities trading house in Geneva, where she managed a portfolio focused on industrial metals and traditional energy markets. Aurelia holds a Master\u2019s degree in Engineering from Imperial College London","url":"https:\/\/equitiesorbis.com\/zh-hans\/author\/julia-rostova\/"}]}},"featured_image_src":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44-600x400.jpg","featured_image_src_square":"https:\/\/equitiesorbis.com\/wp-content\/uploads\/2026\/05\/photo_2026-05-06_10-44-44-600x600.jpg","author_info":{"display_name":"Julia Rostova","author_link":"https:\/\/equitiesorbis.com\/zh-hans\/author\/julia-rostova\/"},"_links":{"self":[{"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/posts\/824","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=824"}],"version-history":[{"count":0,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/posts\/824\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/media\/443"}],"wp:attachment":[{"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=824"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=824"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equitiesorbis.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=824"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}