Talkspace, Inc. (TALK)
| Market Cap | 465.79M |
| Revenue (ttm) | 162.13M |
| Net Income (ttm) | -11.89M |
| Shares Out | 169.69M |
| EPS (ttm) | -0.08 |
| PE Ratio | n/a |
| Forward PE | 202.26 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 642,198 |
| Open | 2.790 |
| Previous Close | 2.800 |
| Day's Range | 2.680 - 2.810 |
| 52-Week Range | 0.970 - 3.920 |
| Beta | 1.29 |
| Analysts | Hold |
| Price Target | 3.00 (+9.09%) |
| Earnings Date | May 7, 2024 |
About TALK
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. The company offers Talkspace Employee Assistance Program (EAP) and Talkspace Behavioral Health plan (BH) that provides online therapy to members through BH and EAP offerings; and Talkspace for Business for members to acce... [Read more]
Financial Performance
In 2023, Talkspace's revenue was $150.05 million, an increase of 25.49% compared to the previous year's $119.57 million. Losses were -$19.18 million, -75.92% less than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TALK stock is "Hold" and the 12-month stock price forecast is $3.0.
News
Talkspace Expands Access to Tele-Mental Healthcare With Medicare Launch
NEW YORK--(BUSINESS WIRE)--Talkspace Expands Access to Tele-Mental Healthcare With Medicare Launch.
Talkspace Announces First Quarter 2024 Results
1Q 2024 Total revenue grew 36% year-over-year 1Q 2024 Payor revenue grew 92% year-over-year Reduced GAAP Net loss to $1.5 million from $8.8 million year-over-year Delivers first profitable quarter wit...
Talkspace Unveils New Brand Identity Alongside Mental Health Awareness Month
NEW YORK--(BUSINESS WIRE)--Talkspace Unveils New Brand Identity Alongside Mental Health Awareness Month And Launches New "Talk It Out" Campaign.
Talkspace Launches Behavioral Health Consortium of Specialized Care and Treatment Programs, Expanding In-Network Offerings for Members
NEW YORK--(BUSINESS WIRE)--Talkspace Launches Behavioral Health Consortium of Specialized Care and Treatment Programs, Expanding In-Network Offerings for Members.
Thirty Madison's Nurx and Cove partner with Talkspace to expand mental health support for more than half a million women
The leading specialty telemedicine company teams up with leading behavioral health company to broaden access to mental health treatment and therapy for women NEW YORK , April 25, 2024 /PRNewswire/ -- ...
Talkspace to Report First Quarter 2024 and Host Conference Call
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, will release its first quarter 2024 results on Tuesday, May 7, 2024, before market open ...
Validation Institute Certifies Talkspace's ROI Calculator, Enabling Employers to Better Measure the Impact of Offering Virtual Mental Health Services
NEW YORK--(BUSINESS WIRE)--Validation Institute Certifies Talkspace's ROI Calculator, Enabling Employers to Better Measure the Impact of Offering Virtual Mental Health Services.
Talkspace Launches Health Collective to Further Expand Accessibility to Healthcare Services
NEW YORK--(BUSINESS WIRE)--Talkspace Launches Health Collective to Further Expand Accessibility to Healthcare Services.
Wheel Adds Three High-Impact Companies to Its Integrated Virtual Care Ecosystem, Delivering More Choice, Improved Access, and Affordability to Patients
Mark Cuban Cost Plus Drug Company, PBC; Talkspace; and Health Gorilla join Wheel's ecosystem to provide everything customers need to stand up virtual care at scale. AUSTIN, Texas , March 7, 2024 /PRNe...
Talkspace to Present at the Barclays 26th Annual Global Healthcare Conference
NEW YORK, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that management will participate in a fireside chat and host one-on-one i...
Talkspace Announces Fourth Quarter and Full Year 2023 Results
4Q 2023 Payor revenue grew 138% year-over-year 4Q 2023 Operating expenses of $23.6 million, down 37% year-over-year 4Q 2023 Net loss of $1.3 million; Adjusted EBITDA 1 loss of $0.3 million, an improve...
Talkspace and Wheel Enter Strategic Partnership to Bring Together Complete Virtual Care Offering – Connecting Physical and Mental Health
NEW YORK--(BUSINESS WIRE)--Talkspace and Wheel Enter Strategic Partnership to Bring Together Complete Virtual Care Offering – Connecting Physical and Mental Health.
Talkspace to Present at the TD Cowen 44th Annual Health Care Conference
NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that management will participate in a fireside chat and host one-on-one i...
Talkspace to Report Fourth Quarter and Full Year 2023 Results and Host Conference Call
NEW YORK, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, will release its fourth quarter and full year 2023 results on Thursday, February 22, 2024...
Talkspace and the American Federation of Teachers Join Forces to Enhance Mental Health Support for Educators, Healthcare and Public Workers
NEW YORK--(BUSINESS WIRE)--Talkspace and the American Federation of Teachers Join Forces to Enhance Mental Health Support for Educators, Healthcare and Public Workers.
Talkspace to Present at the 26th Annual Needham Growth Conference
NEW YORK, Jan. 12, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that management will present and host one-on-one investor meetings at the...
‘Go Head First Into 2024': Talkspace Therapists Provide Simple, Actionable Steps For Prioritizing Mental Health This Year
NEW YORK--(BUSINESS WIRE)--‘Go Head First Into 2024': Talkspace Therapists Provide Simple, Actionable Steps For Prioritizing Mental Health This Year.
Baltimore County Public Schools Partners with Talkspace to Provide Free Telehealth Therapy to High School Students Year-Round
BALTIMORE--(BUSINESS WIRE)--Baltimore County Public Schools Partners with Talkspace to Provide Free Telehealth Therapy to High School Students Year-Round.
Talkspace and Evernow Launch Strategic Partnership to Enhance Access to High Quality Mental Health and Menopause Care for Growing Member Base
NEW YORK--(BUSINESS WIRE)--Talkspace and Evernow Launch Strategic Partnership to Enhance Access to High Quality Mental Health and Menopause Care for Growing Member Base.
Mayor Adams, DOHMH Commissioner Dr. Vasan Launch ‘TeenSpace' With Talkspace, Tele-mental Health Service For NYC Teens
NEW YORK--(BUSINESS WIRE)--New York City Mayor Eric Adams announced—NYC TeenSpace—in partnership with Talkspace, to provide free therapy to all New York City teens aged 13-17.
Talkspace Announces Third Quarter 2023 Results
B2B payor revenue grew 132% year-over-year 3Q 2023 Operating expenses of $24.0 million, down 30% year-over-year Reduced Net Loss to $4.4 million and Adjusted EBITDA 1 loss to $2.8 million, an improvem...
Talkspace to Present at the 6th Annual Evercore ISI HealthCONx Conference
NEW YORK, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that Jon R. Cohen, M.D., CEO, and Jennifer Fulk, CFO, will participate in...
Talkspace to Present at the Canaccord Genuity Medical Technology & Diagnostics Forum
NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that Jennifer Fulk, CFO, will participate in a fireside chat and host one...
Talkspace Appoints Nikole Benders-Hadi, MD, as Chief Medical Officer
NEW YORK--(BUSINESS WIRE)--Talkspace Appoints Nikole Benders-Hadi, MD, as Chief Medical Officer.
Talkspace to Report Third Quarter 2023 Results and Host Conference Call
NEW YORK, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, will release its third quarter 2023 results on Thursday, November 2, 2023, before market ...