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Added to YB: 2026-01-30

Pitch date: 2026-01-28

OMDA [neutral]

Omada Health, Inc.

-22.79%

current return

Author Info

Karst Research is partial to asset heavy industries, healthcare, and insurers. Trying to keep it simple, I think. Occasional ramblings. Sign up for the newsletter.

Company Info

Omada Health, Inc. provides a range of virtual care programs in the United States. The company offers cardiometabolic programs for prediabetes, diabetes, and hypertension; a physical therapy program to address musculoskeletal conditions; other support programs for members taking glucagon-like peptide-1 agonists in its cardiometabolic program; and weight management programs, as well as various behavioral health support programs.

Market Cap

$654.7M

Pitch Price

$15.40

Price Target

N/A

Dividend

N/A

EV/EBITDA

-27.89

P/E

-10.39

EV/Sales

1.96

Sector

Health Care Providers and Services

Category

growth

Show full summary:
Omada Health, Inc. - $OMDA

OMDA (watchlist): Virtual-first point solution for diabetes, MSK, hypertension & obesity w/ 48% to 61% gross margins, 50% Q4 revenue growth, turning profitable in 2026. Strong Cigna partnership but concerning 63% customer concentration & high A/R. Negative FCF despite growth. Waiting for diversification.

Read full article (6 min)