Herbalife Ltd. (HLF)

Herbalife Ltd. (HLF) stock has experienced a notable increase, with its price rising by 73.25% in the past six months. As of January 12, 2026, the share price was $15.31, a significant increase from $6.46 on January 13, 2025. Several events have contributed to this performance, including strong financial results with Q3 2025 net sales increasing by 2.7% year-over-year to $1.3 billion, surpassing guidance. Analyst sentiment and price targets have also risen, with several analysts raising their price targets for HLF. The company has fully repaid its 2025 notes in September 2025, reducing its total leverage ratio to 2.8x. A director, Lynda Cloud, purchased 17,000 shares of Herbalife stock in November 2025, increasing her position by 77.78%. The company is advancing its personalized nutrition offerings with the Pro2col app and launched a new skin care line, HL/Skin, in EMEA. In Q1 2024, Herbalife announced a new restructuring plan aimed at streamlining its organizational structure, with expected annual cost savings of at least $80 million beginning in 2025.

Based on the available information for the past year, no explicit, consistent seasonal pattern of demand across all Herbalife Ltd. products and services has been identified. While a 2016 report mentioned higher demand for weight management and targeted nutrition products in North America and EMEA contributing to a quarterly sales rise, and a 2020 interview noted "dramatic growth" in weight management and sports performance categories, recent earnings reports primarily discuss year-over-year growth and quarter-over-quarter comparisons without highlighting specific seasonal peaks or troughs in demand. The company has reported a return to net sales growth in North America and worldwide in recent quarters, along with an increase in new distributors.

Herbalife Ltd. (HLF) is a global nutrition company that develops and sells health and wellness products through a multi-level marketing (MLM) model. The company operates within the consumer packaged goods sector, focusing on the nutrition industry, including dietary supplements, weight management, personal care, and sports nutrition. Its major products encompass meal replacements, protein shakes, protein bars, teas, aloes, vitamins, and sports hydration, energy, and personal care products. The original and best-selling product is the Formula 1 protein shake, a soy-based meal-replacement shake. The company also offers high-protein snacks, weight loss supplements, and targeted nutritional products under various brand names such as Herbalife Skin, Prolessa, Herbalifeline, and Total Control.

Herbalife Ltd. maintains a significant global presence, operating in approximately 95 markets across the world. The company's operations are segmented into several key geographical regions: North America, Latin America, EMEA (Europe, Middle East, and Africa), Asia Pacific, and China. This extensive network relies on a vast base of independent distributors who facilitate product sales and provide personalized service to customers.

Herbalife's brand reputation has faced historical challenges, including allegations of operating a pyramid scheme and associations of some products with cases of acute hepatitis. Despite these past issues, Herbalife emphasizes its commitment to quality, science-backed products, and a supportive community. In the past year, the company has undertaken initiatives to reinforce its reputation and product quality, including opening a new Center of Excellence – Quality Control and Research and Development Labs in Torrance, California, introducing new products and platforms, such as the HL/Skin skincare line in EMEA and the Pro2col personalized health platform, and reporting growth in new distributors and strong engagement in global distributor events.

Herbalife Ltd.'s ownership is predominantly institutional, with institutional investors holding over 90% of the shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Baupost Group Llc/ma, Route One Investment Company, L.P., Nantahala Capital Management, LLC, and Renaissance Technologies Llc. Other significant institutional holders include Long Focus Capital Management, Llc, Charles Schwab Investment Management Inc, and Lsv Asset Management. Retail/individual investors hold approximately 6.89% of the company, while corporate insiders hold about 1.91%.