Talkspace, Inc. (NASDAQ:TALK – Get Free Report)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $5.20 and last traded at $5.19, with a volume of 68905 shares. The stock had previously closed at $5.20.
Analyst Ratings Changes
TALK has been the topic of several research analyst reports. Canaccord Genuity Group downgraded Talkspace from a “buy” rating to a “hold” rating in a research note on Monday, March 9th. Wall Street Zen downgraded shares of Talkspace from a “strong-buy” rating to a “buy” rating in a report on Sunday, March 8th. Weiss Ratings downgraded Talkspace from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, May 12th. William Blair downgraded Talkspace from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, KeyCorp downgraded shares of Talkspace from an “overweight” rating to a “hold” rating in a report on Tuesday, March 10th. One analyst has rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $5.56.
View Our Latest Report on Talkspace
Talkspace Price Performance
Talkspace (NASDAQ:TALK – Get Free Report) last announced its earnings results on Monday, May 11th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). Talkspace had a net margin of 0.49% and a return on equity of 1.03%. The company had revenue of $61.68 million during the quarter, compared to analysts’ expectations of $63.32 million. Analysts expect that Talkspace, Inc. will post 0.13 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the business. AQR Capital Management LLC increased its holdings in shares of Talkspace by 963.3% in the first quarter. AQR Capital Management LLC now owns 464,599 shares of the company’s stock worth $1,189,000 after buying an additional 420,906 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Talkspace by 2.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 142,143 shares of the company’s stock worth $364,000 after buying an additional 3,924 shares during the period. Strs Ohio purchased a new position in shares of Talkspace in the first quarter worth $58,000. Creative Planning increased its stake in shares of Talkspace by 24.4% in the second quarter. Creative Planning now owns 80,904 shares of the company’s stock worth $225,000 after buying an additional 15,881 shares during the period. Finally, Rhumbline Advisers increased its stake in shares of Talkspace by 15.9% in the second quarter. Rhumbline Advisers now owns 171,477 shares of the company’s stock worth $477,000 after buying an additional 23,497 shares during the period. 57.37% of the stock is owned by hedge funds and other institutional investors.
Talkspace Company Profile
Talkspace, Inc (NASDAQ:TALK) is a digital mental health company that provides online therapy and psychiatry services through a secure, cloud-based platform. Headquartered in New York City, Talkspace enables individuals and couples to connect with licensed therapists and psychiatrists via text messaging, live audio, and video sessions. The company’s platform is accessible through web and mobile applications, allowing clients to seek professional support anytime and from any location with an internet connection.
The company’s core offerings include therapy plans that range from unlimited text-based messaging with a dedicated therapist to scheduled live video sessions.
Read More
- Five stocks we like better than Talkspace
- AST SpaceMobile’s June Launch Plan Puts Its 2026 Satellite Goal Back in Focus
- 3 Defense Giants Boosting Dividends as Shares Take a Ride
- Powerhouse Williams-Sonoma Heading to Fresh Highs in 2026
- Quantum Stocks Just Got a Lifeline—Who Benefits Most?
Receive News & Ratings for Talkspace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talkspace and related companies with MarketBeat.com's FREE daily email newsletter.
