Talkspace, Inc. (TALK)

NASDAQ: TALK · IEX Real-Time Price · USD
2.180
+0.080 (3.81%)
Jul 2, 2024, 4:00 PM EDT - Market closed
3.81%
Market Cap 369.91M
Revenue (ttm) 162.13M
Net Income (ttm) -11.89M
Shares Out 169.69M
EPS (ttm) -0.08
PE Ratio n/a
Forward PE 160.33
Dividend n/a
Ex-Dividend Date n/a
Volume 778,352
Open 2.080
Previous Close 2.100
Day's Range 2.040 - 2.200
52-Week Range 1.160 - 3.920
Beta 1.23
Analysts Hold
Price Target 3.00 (+37.62%)
Earnings Date Jul 25, 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]

Sector Healthcare
Founded 2012
Employees 472
Stock Exchange NASDAQ
Ticker Symbol TALK
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for TALK stock is "Hold." The 12-month stock price forecast is $3.0, which is an increase of 37.62% from the latest price.

Price Target
$3.0
(37.62% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Talkspace and FitOn Team Up to Promote Mental Fitness and Launch First-Ever Mental Health Education Sessions In-App

NEW YORK--(BUSINESS WIRE)--Talkspace and FitOn Team Up to Promote Mental Fitness and Launch First-Ever Mental Health Education Sessions In-App.

14 days ago - Business Wire

Talkspace to Participate in the Truist Securities Healthcare Disruptors & Digital Health Summit

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, today announced that management will participate in the Truist Securities Healthcare Disr...

15 days ago - GlobeNewsWire

Talkspace and Labcorp's Ovia Health Form Women's Health Coalition to Deliver Accessible, Affordable Solutions to Address Women's Diverse Health Needs

NEW YORK--(BUSINESS WIRE)--Talkspace and Labcorp's Ovia Health Form Women's Health Coalition to Deliver Accessible, Affordable Solutions to Address Women's Diverse Health Needs.

5 weeks ago - Business Wire

Talkspace Announces CFO Transition, Appointing Ian Harris as New CFO

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Today Talkspace (NASDAQ: TALK), a leading online behavioral health care company, announced the appointment of Ian Harris, a seasoned investment leader who cu...

6 weeks ago - GlobeNewsWire

Talkspace Expands Access to Tele-Mental Healthcare With Medicare Launch

NEW YORK--(BUSINESS WIRE)--Talkspace Expands Access to Tele-Mental Healthcare With Medicare Launch.

7 weeks ago - Business Wire

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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/ -- ...

2 months ago - 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 ...

2 months ago - GlobeNewsWire

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.

2 months ago - Business Wire

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.

3 months ago - Business Wire

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...

4 months ago - PRNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

4 months ago - Business Wire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - Business Wire

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...

6 months ago - GlobeNewsWire

‘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.

6 months ago - Business Wire

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.

7 months ago - Business Wire

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.

7 months ago - Business Wire

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.

8 months ago - Business Wire

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...

8 months ago - GlobeNewsWire