Progyny has delivered four consecutive earnings beats averaging 15.5% above estimates with excellent free cash flow conversion of 296%, but the stock has reached analyst targets and the current price offers no meaningful upside cushion.
Thesis pillars
- Quality Cashflow Strength→Stable
- Earnings Beat Consistency↓Deteriorating
- Valuation Target Exhaustion↓Deteriorating
- +1 more pillar — see the Why tab for full reasoning
Progyny, Inc. (PGNY) Stock Analysis
Range Bound setup · Catalyst-Driven edge
Healthcare · Healthcare Plans
Wait for pullback to $27.36. Weak momentum — blocks BUY_NOW at $31.19. Engine's entry $27.36 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Negative momentum.
Progyny, Inc., a benefits management company, provides fertility, family building, and women's health benefits solutions in the United States. It offers fertility benefits solutions, such as differentiated benefits plan design that includes smart cycle treatment bundle;... Read more
Wait for pullback to $27.36. Weak momentum — blocks BUY_NOW at $31.19. Engine's entry $27.36 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: RSI 52 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Score 5.7/10, moderate confidence.
Passes 5/8 gates (clean insider activity, no SEC red flags, news boost analyst 0.70, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and favorable risk/reward ratio. Suitability: aggressive.
Recent developments
updated 2026-07-26Recent Developments — Progyny, Inc.
Latest news
- NEWS Should Value Investors Buy Progyny (PGNY) Stock? - Yahoo Finance — Yahoo Finance positive
- NEWS Progyny Buyback Raises Questions On Capital Returns And Growth Plans - simplywall.st — simplywall.st positive
- NEWS Progyny (PGNY) Stock May Be 50% Undervalued Following Analyst Upgrades - simplywall.st — simplywall.st positive
- NEWS Progyny (PGNY) Is Up 7.2% After Russell 2000 Dynamic Exit Triggers Index Rebalancing - Has The Bull Case Changed? - Sahm — Sahm positive
- NEWS Progyny (PGNY): Buy, Sell, or Hold Post Q1 Earnings? - Yahoo Finance — Yahoo Finance positive
Generated 2026-07-26T09:23:01Z.
Upcoming dated catalysts
Thesis
Key Metrics
Quality Signals
Options Flow
Concentration Risks(10-K Item 1A)
- MEDIUMCustomertechnology industry clients10-K Item 1A: 'In addition, we generate a significant portion of our revenue from clients in the technology industry.'
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Rating Breakdown
1 floor-breaker
Momentum below the gate floor. Component breakdown shows what dragged the score down.static
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Wait for pullback to $27.36. Weak momentum — blocks BUY_NOW at $31.19. Engine's entry $27.36 (support + ATR (held)) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Analyst target reached - limited upside remaining; Negative momentum. Chart setup: RSI 52 mid-range, Bollinger mid-band. Maintain position. Not compelling to add more. | News modifier +2 (HOLD_IF_HOLDING → STRONG_BUY_WAIT) Target $32.40 (+3.9%), stop $25.35 (−23.0%), A.R:R -0.8:1. Score 5.7/10, moderate confidence.
Take-profit target: $32.40 (-9.5% upside). Target $32.40 (+3.9%), stop $25.35 (−23.0%), A.R:R -0.8:1. Stop-loss: $25.35.
Analyst target reached - limited upside remaining; Negative momentum.
Progyny, Inc. trades at a P/E of 40.0 (forward 13.9). TrendMatrix value score: 6.1/10. Verdict: Buy (Wait for Entry).
17 analysts cover PGNY with a consensus score of 4.2/5. Average price target: $32.
What does Progyny, Inc. do?Progyny, Inc., a benefits management company, provides fertility, family building, and women's health benefits...
Progyny, Inc., a benefits management company, provides fertility, family building, and women's health benefits solutions in the United States. It offers fertility benefits solutions, such as differentiated benefits plan design that includes smart cycle treatment bundle; personalized concierge-style member support services; and a selective network of fertility specialists. The company also offers Progyny Rx, an integrated pharmacy benefits solution that provides access to the medications needed during their treatment and offers care management services, as well as pregnancy and postpartum, menopause and midlife, benefit and leave navigation, and parent and child wellbeing solutions. In addition, it provides assistance service program where various services can be offered through a reimbursement program, including adoption, surrogacy, doula, and travel reimbursement when travel is required to receive medical services. The company was formerly known as Auxogyn, Inc. and changed its name to Progyny, Inc. in 2015. Progyny, Inc. was incorporated in 2008 and is headquartered in New York, New York.