Talkspace, Inc. (TALK)

NASDAQ: TALK · Real-Time Price · USD
2.980
-0.030 (-1.00%)
At close: Dec 20, 2024, 4:00 PM
3.020
+0.040 (1.34%)
After-hours: Dec 20, 2024, 7:59 PM EST
-1.00%
Market Cap 503.39M
Revenue (ttm) 181.29M
Net Income (ttm) -1.37M
Shares Out 168.92M
EPS (ttm) -0.01
PE Ratio n/a
Forward PE 66.22
Dividend n/a
Ex-Dividend Date n/a
Volume 1,412,070
Open 2.960
Previous Close 3.010
Day's Range 2.950 - 3.055
52-Week Range 1.600 - 3.920
Beta 1.12
Analysts Buy
Price Target 4.38 (+46.98%)
Earnings Date Oct 29, 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 5 analysts, the average rating for TALK stock is "Buy." The 12-month stock price forecast is $4.38, which is an increase of 46.98% from the latest price.

Price Target
$4.38
(46.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 co...

11 days ago - Business Wire

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 in...

11 days ago - Seeking Alpha

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 Financ...

5 weeks ago - GlobeNewsWire

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 “...

6 weeks ago - Business Wire

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 mi...

7 weeks ago - Seeking Alpha

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 Har...

7 weeks ago - Seeking Alpha

Talkspace Teams Up with Wisdo Health to Tackle Loneliness amongst Older Adults 65+

NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced a strategic partnership with Wisdo Health, a clinically-proven and AI-powered soci...

2 months ago - Business Wire

Talkspace to Report Third Quarter 2024 and Host Conference Call

NEW YORK, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Talkspace (Nasdaq: TALK), a leading behavioral healthcare company, will release its third quarter 2024 results on Tuesday, October 29, 2024, before market o...

2 months ago - GlobeNewsWire

Talkspace: Payor Penetration Driving Key Growth

Talkspace's significant revenue growth and nearing profitability signal a potential valuation rerate, offering meaningful upside with proper execution. Key growth drivers include strategic payor partn...

2 months ago - Seeking Alpha

Talkspace Recognized as one of Crain's 2024 Best Places to Work in NYC

NEW YORK, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Talkspace (NASDAQ: TALK) – a leading online behavioral health company – was named by Crain's New York Business as one of the publication's “2024 Best Place...

3 months ago - GlobeNewsWire

Talkspace Stock: Amazon Partnership Is A Game Changer

Talkspace is partnering with Amazon.com to feature its online mental health service on the Amazon Health Services platform. The company is generating strong growth, with the expanded reach and patient...

3 months ago - Seeking Alpha

Why is Talkspace stock (TALK) surging today?

Talkspace Inc (NASDAQ: TALK) saw its stock jump over 12% in premarket trading today, following the announcement of a significant partnership with Amazon Health Services. The online mental health care ...

3 months ago - Invezz

Talkspace Partners With Amazon Health Services to Help Millions Discover Mental Health Benefits

NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced a partnership with Amazon Health Services to increase awareness and discoverabilit...

3 months ago - Business Wire

Talkspace Expands Its Specialized Support for Teens with Launch of New Peer-to-Peer Community Product

NEW YORK--(BUSINESS WIRE)--Talkspace, a leading online behavioral health care company, announced it will bolster its teen offerings through the launch of Teenspace Community, a product built into its ...

3 months ago - Business Wire

Talkspace: Strong Growth And New Buybacks Make This A Clear Buy (Rating Upgrade)

Upgrading Talkspace to a strong buy, as the stock has fallen to a valuation below

4 months ago - Seeking Alpha

Talkspace: Attractively Valued With A Promising Outlook For Profitable Growth

Shares have underperformed this year, despite solid results from the underlying business. Revenue growth remains strong as the company has significantly expanded the number of consumers who have acces...

4 months ago - Seeking Alpha

Talkspace, Inc. (TALK) Q2 2024 Earnings Call Transcript

Talkspace, Inc. (NASDAQ:TALK) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Jeannine Feyen – Director-Communications Jon Cohen – Chief Executive Officer Ian Harris –...

4 months ago - Seeking Alpha

Talkspace Announces Second Quarter 2024 Results

2Q 2024 Total revenue grew 29% year-over-year, driven by 62% year-over-year growth in Payor revenue Reduced GAAP Net loss to $0.5 million from $4.7 million year-over-year 2Q 2024 Adjusted EBITDA1 of $...

4 months ago - GlobeNewsWire

Talkspace Announces New In-Network Agreement with Humana Military (TRICARE East)

NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health company, is now available to Humana Military (TRICARE East) recipients as an in-network benefit. Eligible member...

4 months ago - Business Wire

In Our Normalization Era: Talkspace's Second Annual Survey Validates Surge in Mental Health Openness and Calls for Greater Mental Health Care Access Across Generations

NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health company, today released the results of its second annual New Normalization survey. This year's report titled, “I...

5 months ago - Business Wire

Talkspace Launches Dedicated AI Innovation Group to Advance Provider Efficiency and Enhance Clinical Quality and Operations

NEW YORK--(BUSINESS WIRE)--Talkspace (NASDAQ: TALK), a leading online behavioral health care company, today announced the formation of the dedicated AI Innovation Group aimed at advancing provider eff...

5 months ago - Business Wire

Mental Wellness Meets Fitness: Talkspace and FlexIt Partner to Bring Expanded Virtual Wellness to Their Members and Free Summer Fitness Classes to All Five Boroughs for #TeenTuesdays

NEW YORK--(BUSINESS WIRE)--Today, Talkspace, a leading online behavioral health care company, announced it will team up with FlexIt, the leader in virtual personal wellness, delivering personal traini...

5 months ago - Business Wire

Talkspace and Wellbeing at Work Announce Strategic Partnership to Transform Utilization and Access to Employee Wellbeing

LONGMONT, Colo.--(BUSINESS WIRE)---- $TALK #humanresources--Talkspace, a leading provider of virtual mental health services, and Wellbeing at Work, a pioneer in employee benefits navigation, today ann...

5 months ago - Business Wire

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.

6 months 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...

6 months ago - GlobeNewsWire