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HIMS
Benzinga
76 days

Hims & Hers ZAVA Acquisition Deal Expands Its Market Opportunity By $52 Billion: Analyst

1. HIMS acquires ZAVA, expanding European market presence. 2. Deal is cash-funded, expected to close in late 2025. 3. ZAVA generates ~$100 million in estimated annual revenues. 4. Analyst raises HIMS price target from $61 to $65. 5. HIMS anticipates significant growth in international markets.

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FAQ

Why Bullish?

The acquisition strengthens HIMS' international reach and market potential, evidenced by ZAVA's significant revenue estimates. Similar previous acquisitions in the sector have positively influenced stock performance.

How important is it?

The acquisition directly influences HIMS' potential revenue and market reach, appealing to investors.

Why Long Term?

The market expansion is anticipated to yield growth by 2026, aligning with long-term strategic goals.

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