Last Updated: 16 Sep 2024
Executive Summary
Talkspace Inc. (TALK) is a virtual behavioral healthcare company with a market capitalization of $329.69 million. The company has been facing financial challenges, with negative EBITDA, EPS, and profit margins. However, it has shown some growth in revenue, with a 0.292% increase year-over-year. Analysts have mixed opinions on the stock, with one recommending a Strong Buy, one Buy, and two Hold. The current stock price of $1.96 is below the 52-week high of $3.92 and above the 52-week low of $1.41.
Company Overview
Talkspace Inc. provides virtual behavioral healthcare services through its online platform. The company offers a range of services, including therapy, psychiatry, and medication management. Talkspace has a network of over 5,000 licensed therapists and psychiatrists who provide services to patients in all 50 states.
Fundamental Analysis
Talkspace Inc.'s financial performance has been weak in recent quarters. The company has reported negative EBITDA, EPS, and profit margins. However, the company has shown some growth in revenue, with a 0.292% increase year-over-year.
Talkspace Inc.'s financial ratios are also weak. The company has a negative return on assets and return on equity. The company's price-to-sales ratio is also high, at 1.911.
Technical Analysis
Talkspace Inc.'s stock price has been trending down in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, indicating that the stock is oversold.
Short Term Outlook
Talkspace Inc.'s short-term outlook is uncertain. The company is facing financial challenges and its stock price has been trending down. However, the company has shown some growth in revenue and analysts have mixed opinions on the stock.
Long Term Outlook
Talkspace Inc.'s long-term outlook is also uncertain. The company is operating in a competitive market and it is unclear if it will be able to achieve profitability. However, the company has a strong brand and a large network of therapists and psychiatrists.
Analyst Recommendations
Analysts have mixed opinions on Talkspace Inc.'s stock. One analyst recommends a Strong Buy, one Buy, and two Hold. The average analyst target price is $3.50.
