Talkspace (NASDAQ:TALK) Issues Earnings Results, Misses Expectations By $0.04 EPS

Posted by Geri Gentry on Aug 8th, 2026

Talkspace (NASDAQ:TALK – Get Free Report) announced its quarterly earnings results on Thursday. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.04), Zacks reports. Talkspace had a net margin of 0.49% and a return on equity of 1.03%. The firm had revenue of $61.67 million for the quarter, compared to analysts’ expectations of $67.93 million.

Talkspace Price Performance

NASDAQ:TALK traded up $0.01 during trading hours on Friday, hitting $5.22. The company had a trading volume of 7,090,357 shares, compared to its average volume of 1,378,855. The company has a market capitalization of $874.40 million, a PE ratio of 522.52 and a beta of 1.10. The stock has a 50-day moving average price of $5.21 and a 200 day moving average price of $4.95. Talkspace has a 52 week low of $2.45 and a 52 week high of $5.25.

Analyst Ratings Changes

Separately, Weiss Ratings lowered shares of Talkspace from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. One investment 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, Talkspace presently has a consensus rating of “Hold” and a consensus price target of $5.56.

Read Our Latest Report on Talkspace

Insider Transactions at Talkspace

In other Talkspace news, insider John Charles Reilly sold 55,144 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $5.21, for a total value of $287,300.24. Following the completion of the transaction, the insider directly owned 1,057,975 shares in the company, valued at approximately $5,512,049.75. This represents a 4.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 23.50% of the company’s stock.

Hedge Funds Weigh In On Talkspace

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. lifted its holdings in Talkspace by 5.4% in the third quarter. Vanguard Group Inc. now owns 9,453,000 shares of the company’s stock worth $26,090,000 after buying an additional 483,012 shares during the period. Deutsche Bank AG raised its position in shares of Talkspace by 14.6% in the 4th quarter. Deutsche Bank AG now owns 7,094,525 shares of the company’s stock worth $25,753,000 after acquiring an additional 905,304 shares in the last quarter. Geode Capital Management LLC lifted its stake in shares of Talkspace by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 3,413,825 shares of the company’s stock valued at $12,395,000 after purchasing an additional 15,436 shares during the period. Metavasi Capital LP lifted its stake in shares of Talkspace by 77.3% in the 4th quarter. Metavasi Capital LP now owns 2,704,577 shares of the company’s stock valued at $9,818,000 after purchasing an additional 1,179,156 shares during the period. Finally, Dimensional Fund Advisors LP boosted its position in shares of Talkspace by 11.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,415,657 shares of the company’s stock valued at $8,767,000 after purchasing an additional 251,381 shares in the last quarter. 57.37% of the stock is owned by institutional investors.

About Talkspace

(Get Free Report)

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.