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 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
156% more call options, than puts
Call options by funds: $1.83M | Put options by funds: $713K
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
42% more capital invested
Capital invested by funds: $189M [Q3] → $268M (+$79M) [Q4]
27% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 30
10% more funds holding
Funds holding: 103 [Q3] → 113 (+10) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
2.46% less ownership
Funds ownership: 54.81% [Q3] → 52.35% (-2.46%) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4.50
50%
upside
Avg. target
$4.75
58%
upside
High target
$5
67%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
Keybanc Scott Schoenhaus 67% 1-year accuracy 24 / 36 met price target | 50%upside $4.50 | Overweight Initiated | 9 Dec 2024 |
Mizuho Steven Valiquette 40% 1-year accuracy 2 / 5 met price target | 67%upside $5 | Outperform Initiated | 4 Dec 2024 |
Financial journalist opinion
Based on 4 articles about TALK published over the past 30 days
Negative
Seeking Alpha
1 day ago
Talkspace: Missed Earnings Hurt Shares, 'Ifs, Buts, And Maybes' Hurt Business Model
Telehealth stocks have disappointed, but mental healthcare, particularly Talkspace, Inc., has shown promise, with a shift to a payor model and AI integration. Talkspace's 2024 revenues grew 25% to $188M, but gross profit margins declined due to a revenue mix shift toward payor. Ultimately, a revenue miss disappointed the market. Despite challenges, Talkspace achieved its first net profitable quarter and aims for 2025 revenues of $220M-$235M with a focus on retention and implementing AI.
Neutral
Seeking Alpha
1 day ago
Talkspace, Inc. (TALK) Q4 2024 Earnings Call Transcript
Talkspace, Inc. (NASDAQ:TALK ) Q4 2024 Earnings Conference Call February 20, 2024 8:30 AM ET Company Participants Jeannine Feyen - Director of Communications Jon Cohen - Chief Executive Officer Ian Harris - Chief Financial Officer Conference Call Participants Steven Dechert - KeyBanc Capital Markets Ryan MacDonald - Needham & Company Jack Senft - William Blair Steven Valiquette - Mizuho Bobby Brooks - Northland Capital Markets Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference Operator today.
Positive
Zacks Investment Research
1 day ago
Talkspace, Inc. (TALK) Q4 Earnings Meet Estimates
Talkspace, Inc. (TALK) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate. This compares to loss of $0.01 per share a year ago.
Neutral
GlobeNewsWire
2 days ago
Talkspace Announces Fourth Quarter and Full Year 2024 Results
Full year 2024 total revenue grew 25% year-over-year to $187.6 million Full year 2024 net income of $1.1 million and adjusted EBITDA1 of $7.0 million
Positive
Zacks Investment Research
1 month ago
Talkspace (TALK) Upgraded to Buy: Here's What You Should Know
Talkspace (TALK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Neutral
GlobeNewsWire
1 month ago
Talkspace Now In-Network Nationally for 9.5 Million Military Personnel and their Families, Making Mental Health Care More Accessible than Ever
NEW YORK, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Talkspace (NASDAQ: TALK), a leading online behavioral health company, is now available to approximately 9.5 million active duty and retired military personnel and their dependents as an in-network benefit through partnerships with TRICARE East and West region contractors. Eligible beneficiaries, including partners and teen dependents (13+), can now receive therapy from a licensed clinician or psychiatric services (for those 18+) from a Board-certified psychiatrist or psychiatric nurse practitioner–all virtually and privately.
Neutral
Zacks Investment Research
1 month ago
Take the Zacks Approach to Beat the Markets: Talkspace, Agilysys, Axon Enterprise in Focus
Last week, our time-tested methodologies served investors well in navigating the market. Check out some of our achievements from the past three months.
Neutral
GlobeNewsWire
1 month ago
Talkspace to Participate in the 43rd Annual J.P. Morgan Healthcare Conference
NEW YORK, Dec. 30, 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 43rd Annual J.P. Morgan Healthcare Conference, being held in San Francisco, including a presentation at 2:15pm PST on Wednesday, January 15, 2025.
Neutral
Business Wire
2 months 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
2 months 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.
Charts implemented using Lightweight Charts™