Research Analysts Set Expectations for Talkspace Q1 Earnings

Talkspace, Inc. (NASDAQ:TALK) – Research analysts at William Blair issued their Q1 2025 EPS estimates for shares of Talkspace in a report released on Thursday, February 20th. William Blair analyst R. Daniels expects that the company will post earnings per share of $0.01 for the quarter. The consensus estimate for Talkspace’s current full-year earnings is $0.08 per share. William Blair also issued estimates for Talkspace’s Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.03 EPS, FY2025 earnings at $0.07 EPS and FY2026 earnings at $0.13 EPS.

Talkspace (NASDAQ:TALK) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.01 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.01. Talkspace had a net margin of 0.61% and a return on equity of 0.98%. The company had revenue of $48.72 million for the quarter, compared to the consensus estimate of $49.94 million.

Several other analysts have also recently commented on the stock. Northland Securities began coverage on shares of Talkspace in a research note on Wednesday, November 20th. They issued an “outperform” rating and a $5.00 target price for the company. Needham & Company LLC reiterated a “hold” rating on shares of Talkspace in a research note on Friday. Northland Capmk upgraded shares of Talkspace to a “strong-buy” rating in a research note on Wednesday, November 20th. Mizuho assumed coverage on shares of Talkspace in a research report on Wednesday, December 4th. They set an “outperform” rating and a $5.00 target price for the company. Finally, Barclays lifted their target price on shares of Talkspace from $2.00 to $3.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 29th. Two 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 stock. Based on data from MarketBeat, Talkspace currently has an average rating of “Buy” and an average price target of $4.38.

Talkspace Stock Performance

Shares of Talkspace stock opened at $3.01 on Monday. Talkspace has a 1 year low of $1.60 and a 1 year high of $4.36. The company has a market capitalization of $508.45 million, a P/E ratio of 301.30 and a beta of 1.14. The company’s fifty day moving average is $3.30 and its two-hundred day moving average is $2.82.

Institutional Investors Weigh In On Talkspace

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Talkspace by 448.3% during the third quarter. JPMorgan Chase & Co. now owns 526,972 shares of the company’s stock worth $1,101,000 after buying an additional 430,861 shares in the last quarter. Evernest Financial Advisors LLC purchased a new stake in Talkspace in the fourth quarter valued at approximately $337,000. Royce & Associates LP purchased a new stake in Talkspace in the third quarter valued at approximately $1,045,000. Barclays PLC grew its holdings in Talkspace by 322.3% in the third quarter. Barclays PLC now owns 175,990 shares of the company’s stock valued at $368,000 after purchasing an additional 134,313 shares during the period. Finally, State Street Corp grew its holdings in Talkspace by 36.4% in the third quarter. State Street Corp now owns 2,176,589 shares of the company’s stock valued at $4,549,000 after purchasing an additional 580,826 shares during the period. 57.37% of the stock is currently owned by hedge funds and other institutional investors.

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.