Talkspace, Inc. (NASDAQ:TALK – Free Report) – Equities researchers at Northland Capmk lowered their Q1 2025 EPS estimates for Talkspace in a research note issued to investors on Friday, February 21st. Northland Capmk analyst B. Brooks now expects that the company will earn ($0.01) per share for the quarter, down from their previous estimate of $0.01. Northland Capmk has a “Strong-Buy” rating on the stock. The consensus estimate for Talkspace’s current full-year earnings is $0.08 per share. Northland Capmk also issued estimates for Talkspace’s FY2025 earnings at $0.03 EPS, Q1 2026 earnings at $0.00 EPS, Q2 2026 earnings at $0.02 EPS, Q3 2026 earnings at $0.02 EPS and Q4 2026 earnings at $0.03 EPS.
Other equities research analysts have also issued reports about the stock. KeyCorp began coverage on shares of Talkspace in a research note on Monday, December 9th. They set an “overweight” rating and a $4.50 target price on the stock. Northland Securities began coverage on shares of Talkspace in a research note on Wednesday, November 20th. They set an “outperform” rating and a $5.00 target price on the stock. Needham & Company LLC reissued a “hold” rating on shares of Talkspace in a research note on Friday, February 21st. Mizuho began coverage on shares of Talkspace in a research note on Wednesday, December 4th. They set an “outperform” rating and a $5.00 target price on the stock. Finally, Barclays increased their target price on shares of Talkspace from $2.00 to $3.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 29th. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $4.38.
Talkspace Stock Performance
NASDAQ:TALK opened at $2.94 on Monday. The firm’s fifty day moving average is $3.28 and its two-hundred day moving average is $2.83. Talkspace has a one year low of $1.60 and a one year high of $4.36. The firm has a market cap of $496.63 million, a price-to-earnings ratio of 294.29 and a beta of 1.14.
Talkspace (NASDAQ:TALK – Get Free Report) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.01 EPS for the quarter, meeting the consensus estimate of $0.01. Talkspace had a net margin of 0.61% and a return on equity of 0.98%. The company had revenue of $48.72 million for the quarter, compared to analyst estimates of $49.94 million.
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Sugar Maple Asset Management LLC acquired a new position in shares of Talkspace during the 3rd quarter worth about $33,000. Cibc World Markets Corp acquired a new position in shares of Talkspace during the 4th quarter worth about $36,000. Belvedere Trading LLC acquired a new stake in Talkspace in the 4th quarter valued at about $37,000. Ameriprise Financial Inc. acquired a new stake in Talkspace in the 4th quarter valued at about $53,000. Finally, Creative Planning raised its holdings in Talkspace by 30.6% in the 3rd quarter. Creative Planning now owns 26,386 shares of the company’s stock valued at $55,000 after acquiring an additional 6,179 shares during the last quarter. Institutional investors and hedge funds own 57.37% of the company’s stock.
Talkspace Company Profile
Talkspace, Inc operates as a virtual behavioral healthcare company in the United States. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs. It provides text, audio, and video-based psychotherapy from licensed therapists.
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