Stifel Raises Hinge Health (HNGE) PT to $66 on Strong Business Momentum, Product Innovation

Hinge Health Inc. (NYSE:HNGE) is one of the best new stocks to buy right now. On September 11, Stifel analyst David Grossman raised the firm’s price target on Hinge Health to $66 from $63, while keeping a Buy rating on the shares. The firm believes that there is significant momentum behind Hinge’s business. In Q2 2025, Hinge Health reported a 55% year-over-year increase in revenue, which reached $139 million.

The company has significantly expanded its network and now has over 50 partners, which include the 5 largest national health plans and the top 3 PBMs. Hinge Health has launched several innovative products to maintain its leadership position. This includes AI-powered motion tracking technology and Hinge Select, which is a high-performance provider network.

Stifel Raises Hinge Health (HNGE) PT to $66 on Strong Business Momentum, Product Innovation

The company reported strong client retention rates and a record high member Net Promoter Score/NPS in H1 of the year, driven by a delightful product experience. The CFO noted that by the end of Q2, ~40% of clients had transitioned to a new pay-as-you-go pricing model that includes an upfront platform fee, which holds the company accountable for delivering engaging products and is expected to allow for future increases in Average Selling Price/ASP as record engagement continues.

Hinge Health Inc. (NYSE:HNGE) develops health care software for joint and muscle health. The company designs its platform to address musculoskeletal care, acute injury, chronic pain, and post-surgical rehabilitation.

While we acknowledge the potential of HNGE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HNGE and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.