Talkspace (TALK) Projected to Post Quarterly Earnings on Thursday

Talkspace (NASDAQ:TALK) is expected to post its quarterly earnings results before the market opens on Thursday, February 20th. Analysts expect Talkspace to post earnings of $0.01 per share and revenue of $49.87 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Talkspace Price Performance

Shares of TALK stock opened at $4.14 on Thursday. The business’s 50 day simple moving average is $3.24 and its 200 day simple moving average is $2.72. Talkspace has a one year low of $1.60 and a one year high of $4.24. The stock has a market capitalization of $699.33 million, a PE ratio of -414.00 and a beta of 1.14.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. KeyCorp assumed coverage on Talkspace in a report on Monday, December 9th. They issued an “overweight” rating and a $4.50 target price on the stock. Mizuho began coverage on Talkspace in a report on Wednesday, December 4th. They issued an “outperform” rating and a $5.00 target price on the stock. Barclays boosted their price target on Talkspace from $2.00 to $3.00 and gave the company an “equal weight” rating in a research note on Tuesday, October 29th. Needham & Company LLC reissued a “hold” rating on shares of Talkspace in a research note on Wednesday, October 30th. Finally, Northland Securities began coverage on Talkspace in a research report on Wednesday, November 20th. They set an “outperform” rating and a $5.00 target price on the stock. Two equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $4.38.

Talkspace Company Profile

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.