From Yahoo Finance: 2025-05-22 11:10:00

Hinge Health, Inc. priced its IPO at $32 per share, raising $273 million by selling 8.52 million shares. The digital physical therapy startup will debut on the NYSE under the symbol “HNGE,” valuing the company at $2.6 billion.

Founded in 2014, Hinge Health offers software-driven solutions for musculoskeletal injuries, chronic pain, and post-surgery rehab. Despite a drop from its private valuation, the IPO values the company at $2.6 billion.

With strong financials, Hinge Health reported first-quarter revenue of $123.8 million, a 50% increase from last year, and a net income of $17.1 million. Co-founders have personal experience driving the mission.

Hinge Health’s IPO is a significant event in the digital health sector post-COVID challenges. Backed by top investors like Tiger Global and Coatue Management, the debut is a bellwether for the sector’s recovery.

CEO Perez invites investors to join the journey, emphasizing decades of work ahead. While HNGE shows growth potential, there are AI stocks with higher returns and limited downside risk.



Read more at Yahoo Finance: Hinge Health, Inc. (HNGE) Sets IPO Price at $32, Debuts on NYSE with $2.6 Billion Valuation