Talkspace (TALK) to Release Quarterly Earnings on Thursday

Talkspace (NASDAQ:TALK) is anticipated 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 $49.94 million for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Talkspace Price Performance

Shares of NASDAQ:TALK opened at $4.09 on Wednesday. The company has a market capitalization of $690.88 million, a P/E ratio of -409.00 and a beta of 1.14. Talkspace has a 1 year low of $1.60 and a 1 year high of $4.36. The business’s 50 day simple moving average is $3.28 and its 200 day simple moving average is $2.77.

Analyst Ratings Changes

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

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.