Hims & Hers Health, Inc. Class A Common Stock (HIMS)

Competitors to Hims & Hers Health, Inc. Class A Common Stock (HIMS)

GoodRx 

GoodRx primarily serves as a prescription drug price comparison service but has increasingly ventured into telehealth services, creating competition with Hims & Hers. While Hims & Hers focuses on providing a medical product lineup with a subscription model, GoodRx's competitive advantage lies in its extensive database of pharmacy pricing and discounts, making it a go-to resource for consumers looking to save on medications. This strong pricing platform allows GoodRx to attract customers who may also seek telehealth solutions, thus merging the two areas of service.

Lemonaid Health

Lemonaid Health provides convenient online healthcare services, offering treatments for various medical conditions while positioning itself as a value-driven alternative in the telehealth space. Both companies capitalize on online consultations and medication delivery, but Lemonaid often emphasizes a transparent pricing model which appeals to cost-conscious consumers. However, Hims & Hers boasts a well-rounded brand with a wider service offering that includes beauty and wellness products, giving it a competitive edge in terms of product diversity.

Mindbloom

Mindbloom focuses on mental health, providing guided psychedelic therapy and wellness products aimed at improving psychological well-being. While Hims & Hers provides a broader array of healthcare offerings, including mental health solutions, Mindbloom's expertise in psychedelic therapy positions it uniquely in that market. The shift towards mental health and wellness presents Mindbloom with a competitive advantage in the rapidly evolving landscape of telehealth, where innovative approaches to psychological treatment are gaining popularity.

PlushCare

PlushCare specializes in offering virtual primary care services, posing a different type of competition to Hims & Hers. While Hims & Hers focuses on specific conditions related to men's and women's health, PlushCare provides a broader range of healthcare services for general wellness. PlushCare often connects patients with licensed healthcare providers for varied conditions, setting it apart from the niche-focused Hims & Hers. However, Hims & Hers maintains competitive branding and specific product offerings that appeal to targeted demographics, providing a strong alternative for specialization.

Roman (Ro)

Roman, operating under the Ro brand, offers a similar suite of telehealth services that include prescription medications for conditions such as erectile dysfunction, hair loss, and anxiety. Both Hims & Hers and Roman emphasize direct-to-consumer digital health services, leveraging online consultations and subscriptions. They compete on user experience, brand loyalty, and product effectiveness. Roman focuses heavily on men's health and has established a strong brand presence and user trust among its customers, making it a significant competitor for Hims & Hers.