$HIMS has experienced a substantial increase in stock value, rising approximately 99% year-to-date as of early February 2025. The stock has garnered attention for its impressive performance, with some investors reporting gains of up to 7x on their investments. Analysts have noted that $HIMS is currently trading at around 40 times next twelve months (NTM) earnings, with a price-to-earnings growth (PEG) ratio of less than 1. The stock's short interest is reported at approximately 33%. Investors are advised to consider protective strategies, such as selling covered calls, while also exploring potential pullbacks to re-enter at lower price points. The broader market still holds opportunities for value plays, with some stocks projected to have a potential increase of 30-50% in the coming months.