TalkspaceTALK
TALK
About: Talkspace Inc is a behavioral healthcare company offering access to licensed therapists, psychologists, and psychiatrists through its technology platform. It serves clients including health plans, enterprises, and individual subscribers. Therapists address various mental health conditions, while psychiatrists cater to a higher acuity demographic. Revenue primarily stems from payor and direct-to-enterprise clients, with contracts lasting one to three years. The majority of the Company's operations and revenues are based in the United States.
Employees: 472
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
93% more call options, than puts
Call options by funds: $143K | Put options by funds: $74K
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
4% less funds holding
Funds holding: 107 [Q2] → 103 (-4) [Q3]
4.02% less ownership
Funds ownership: 58.52% [Q2] → 54.5% (-4.02%) [Q3]
14% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 29
16% less capital invested
Capital invested by funds: $225M [Q2] → $188M (-$36.4M) [Q3]
50% less funds holding in top 10
Funds holding in top 10: 4 [Q2] → 2 (-2) [Q3]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$3
1%
upside
Avg. target
$4.38
47%
upside
High target
$5
68%
upside
4 analyst ratings
3 positive
75%
1 neutral
25%
0 negative
0%
Keybanc Scott Schoenhaus 19% 1-year accuracy 5 / 26 met price target | 51%upside $4.50 | Overweight Initiated | 9 Dec 2024 |
Mizuho Steven Valiquette 20% 1-year accuracy 1 / 5 met price target | 68%upside $5 | Outperform Initiated | 4 Dec 2024 |
Northland Capital Markets Bobby Brooks 81% 1-year accuracy 17 / 21 met price target | 68%upside $5 | Outperform Initiated | 20 Nov 2024 |
Barclays Stephanie Davis 56% 1-year accuracy 9 / 16 met price target | 1%upside $3 | Equal-Weight Maintained | 29 Oct 2024 |
Financial journalist opinion
Based on 4 articles about TALK published over the past 30 days
Neutral
Business Wire
1 week ago
Seattle Expands Youth Mental Health Supports with Launch of Talkspace Virtual Therapy
SEATTLE--(BUSINESS WIRE)--Today, the City of Seattle announced a new partnership between the Department of Education and Early Learning (DEEL) and Talkspace, a leading online behavioral health care company, to expand virtual therapy and mental health services for local teens and young adults. This program will give more than 55,000 teens and young adults access to confidential, high-quality mental health support through Talkspace's secure digital platform, addressing the urgent need for accessi.
Positive
Seeking Alpha
1 week ago
Talkspace: A Growth Story
Talkspace has made the uneconomical business model of therapy economical by making insurers the primary customers as opposed to individuals. This is game-changing. As a result, the company is at an inflection point, having achieved profitability by restructuring costs and increasing revenue, with significant partnerships including Medicare and Amazon. TALK has three large competitive advantages that could lead it to being the dominant name in the teletherapy industry for years to come.
Positive
Zacks Investment Research
2 weeks ago
5 Medical Info System Stocks to Buy for a Stable Portfolio in 2025
Five medical info systems stocks have strong potential for 2025. These are: INSP, OMCL, TALK, BFLY, CLOV.
Positive
Zacks Investment Research
3 weeks ago
Small Caps Are Winners of 2024: 5 Picks With Solid Short-Term Upside
These five small cap stocks have strong growth potential for 2025. These are: TALK, RYAM, CSTL, PBAM, RSSS.
Neutral
GlobeNewsWire
1 month ago
Talkspace to Participate in 3rd Annual Needham Virtual Health Tech Conference
NEW YORK, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that Dr. Jon Cohen, Chief Executive Officer, and Ian Harris, Chief Financial Officer, will participate in the 3rd Annual Needham Virtual Health Tech 1x1 Conference, being held on Wednesday, November 20, 2024.
Positive
Zacks Investment Research
1 month ago
Trump Wins: 3 Stocks Poised to Benefit (PLTR, TSLA, TALK)
Half the country is happy, and half the country is sad, that's the way democracy goes sometimes. This is a financial publication, so we are going to focus on the economic and market implications of a Trump presidency.
Neutral
Business Wire
1 month ago
Talkspace Launches Campaign for Men's Health Awareness Month Featuring Talkspace Members Opening up About the Importance of Mental Health
NEW YORK--(BUSINESS WIRE)--Today, Talkspace (NASDAQ: TALK), a leading online behavioral health care company, launched a new campaign for Men's Health Awareness Month, commonly known as Movember. The “Look Who's Talking” campaign features testimonials from Talkspace members, including brand ambassador and longtime mental health advocate Michael Phelps, and highlights an emerging trend of men candidly discussing mental health challenges. The campaign shows how men are rewriting the playbook for h.
Positive
Seeking Alpha
1 month ago
Talkspace: Jumpstarting Momentum As Payor Programs Expand
Shares of Talkspace surged nearly 20% after reporting very strong Q3 results. The company continues to progress in its rollout of Medicare across the U.S., while a new partnership with TRICARE (the military health services program) is another growth catalyst for 2025. Amid double-digit revenue growth, the company also managed to reduce opex by -10% y/y, vaulting the company to positive adjusted EBITDA.
Neutral
Seeking Alpha
1 month ago
Talkspace, Inc. (TALK) Q4 2024 Earnings Call Transcript
Talkspace, Inc. (NASDAQ:TALK ) Q4 2024 Earnings Call Transcript October 29, 2024 8:30 PM ET Company Participants Jeannine Feyen - Director of Communications Jon Cohen - Chief Executive Officer Ian Harris - Chief Financial Officer Conference Call Participants Stephanie Davis - Barclays Ryan MacDonald - Needham & Company Operator Ladies and gentlemen, thank you for standing by. My name is Christa, and I will be your conference Operator today.
Neutral
Zacks Investment Research
1 month ago
Talkspace Shares Decline Despite Partnership With Wisdo Health
TALK collaborates with Wisdo Health to enhance mental health support for seniors, addressing loneliness and improving access to care for the 65+ community.
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