FY2026 EPS Estimates for Talkspace Decreased by Analyst

Talkspace, Inc. (NASDAQ:TALK) – Stock analysts at Northland Capmk reduced their FY2026 earnings estimates for Talkspace in a research note issued on Wednesday, May 7th. Northland Capmk analyst B. Brooks now forecasts that the company will earn $0.06 per share for the year, down from their previous estimate of $0.07. The consensus estimate for Talkspace’s current full-year earnings is $0.08 per share.

Several other brokerages have also recently weighed in on TALK. Canaccord Genuity Group started coverage on Talkspace in a report on Thursday, April 3rd. They issued a “buy” rating and a $5.00 price objective for the company. Needham & Company LLC reiterated a “hold” rating on shares of Talkspace in a research note on Tuesday. Two research analysts have rated the stock with a hold rating, three have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $4.50.

Talkspace Trading Down 0.2 %

Shares of TALK stock opened at $3.04 on Thursday. The stock has a market cap of $511.21 million, a P/E ratio of 303.80 and a beta of 1.13. Talkspace has a 1 year low of $1.60 and a 1 year high of $4.36. The stock has a 50 day simple moving average of $2.84 and a 200 day simple moving average of $3.10.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Financial Management Professionals Inc. bought a new stake in Talkspace during the 1st quarter worth $29,000. Cibc World Markets Corp acquired a new stake in shares of Talkspace during the fourth quarter valued at about $36,000. Belvedere Trading LLC bought a new stake in shares of Talkspace during the fourth quarter worth about $37,000. Ameriprise Financial Inc. bought a new position in Talkspace in the 4th quarter valued at approximately $53,000. Finally, CWM LLC raised its stake in shares of Talkspace by 1,230.7% during the first quarter. CWM LLC now owns 21,265 shares of the company’s stock valued at $54,000 after acquiring an additional 19,667 shares during the last quarter. 57.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Jon R. Cohen acquired 75,000 shares of the company’s stock in a transaction that occurred on Friday, February 28th. The stock was acquired at an average price of $2.86 per share, with a total value of $214,500.00. Following the purchase, the chief executive officer now directly owns 2,267,980 shares in the company, valued at approximately $6,486,422.80. This trade represents a 3.42 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have acquired 82,270 shares of company stock worth $235,312. Insiders own 21.70% of the company’s stock.

About Talkspace

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.