Herbalife (HLF)
Sells nutrition and wellness products through a global Member network.
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Sells weight-management, targeted-nutrition, energy, fitness, and outer-nutrition products through independent Members. Sales are most exposed to weight management and targeted nutrition, with operations spread across international regions and China reported separately.
Sells weight management, targeted nutrition, energy, sports and fitness, and outer nutrition products. The route to market is a global Member network: preferred members buy for household use, while distributors can resell products or build sales organizations.
Operations span North America, Latin America, EMEA, Asia Pacific, and China. Management reports China separately from the primary reporting segment, so geography and regulatory structure matter as much as product category.
Execution depends on recruiting, training, and supporting independent Members while keeping demand tied to retail product consumption. U.S. rewards must be linked to verifiable retail sales under the FTC settlement, and China operations carry separate disclosure and compliance history.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 17, 2026 | UBS | Target | Target: — | Target: $21 |
| May 4, 2026 | Mizuho Securities | Target | Target: $13 | Target: $17 |
| Jan 8, 2026 | Mizuho Securities | Target | Target: $11 | Target: $13 |
| Jan 6, 2026 | Maxim Group | Target | Target: — | Target: $20 |
| Nov 26, 2025 | Argus Research | Upgrade | Target: — | Target: $15 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $370.5M · Total debt $2.20B · Total assets $2.86B · Shareholders' equity −$474.5M
- Revenue
- $1.33B
- Operating income
- $128.3M
- Net income
- −$26.3M
No dividends on record.
| Institutions | ≈ 100.20% | 105.01M shares | |
|---|---|---|---|
| 257 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 2.99% | 3.14M shares | |
| 20 holders · as of Aug 5, 2026 | |||
| Adds to | 103.19% | ||
104.80M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
These groups come from separate filings that can overlap, so they add to 103.19%; nothing is left for Other.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Baupost Group LLC/MAInstitution | 8.84% | 9.26M | as of Jun 30, 2026 |
BlackRock, Inc.Institution | 7.99% | 8.37M | as of Jun 30, 2026 |
Route One Investment Company, L.P.Institution | 7.97% | 8.35M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.91% | 6.19M | as of Jun 30, 2026 |
Renaissance Technologies LLCInstitution | 4.79% | 5.02M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 4, 2026 | Sophie L'Helias | director | +1,200 | $11.31 |
| May 18, 2026 | Troy Hicks | officer: Chief Operating Officer | −38,377 | $12.93 |
| May 19, 2026 | Troy Hicks | officer: Chief Operating Officer | −10,000 | $12.32 |
| May 12, 2026 | Frank Lamberti | officer: Chief Commercial Officer | −134,982 | $13.50 |
| May 11, 2026 | Frank Lamberti | officer: Chief Commercial Officer | −7,937 | $13.86 |
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Herbalife | $12.01 | −1.84% | $1.27B | 7.9 | 4.5 | 0.2 | +5.4% |
| USANA Health Sciences | $14.17 | −4.13% | $272.9M | — | 13.9 | 0.3 | −5.3% |
| Nu Skin | $4.71 | −3.19% | $236.0M | — | 4.9 | 0.2 | −17.1% |
| Medifast | $12.06 | −0.17% | $134.3M | — | — | 0.4 | −27.6% |
| Nature's Sunshine Products | $12.99 | −1.74% | $232.5M | 13.1 | 12.1 | 0.5 | +2.0% |
| BellRing Brands | $8.62 | −4.12% | $1.05B | 6.3 | 7.2 | 0.4 | +4.2% |
| Simply Good Foods | $9.71 | −3.00% | $885.3M | — | 5.8 | 0.6 | −6.3% |
| LifeVantage | $6.10 | −1.86% | $78.5M | 15.5 | 21.0 | 0.4 | −23.1% |
| Median | 13.1 | 9.6 | 0.4 | −6.3% |