Research Analysts Issue Forecasts for Talkspace, Inc.'s Q1 2025 Earnings (NASDAQ:TALK)

Talkspace, Inc. (NASDAQ:TALK - Free Report) - Stock analysts at William Blair issued their Q1 2025 EPS estimates for Talkspace in a research note issued to investors on Tuesday, May 7th. William Blair analyst R. Daniels forecasts that the company will earn ($0.01) per share for the quarter. The consensus estimate for Talkspace's current full-year earnings is ($0.03) per share. William Blair also issued estimates for Talkspace's Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.01 EPS and FY2026 earnings at $0.04 EPS.

Several other research firms have also issued reports on TALK. TheStreet raised Talkspace from a "d" rating to a "c-" rating in a research report on Thursday, February 22nd. Barclays raised their price target on shares of Talkspace from $2.50 to $3.00 and gave the stock an "equal weight" rating in a research report on Friday, February 23rd.

Talkspace Stock Up 7.1 %

NASDAQ:TALK traded up $0.19 during trading hours on Thursday, reaching $2.85. 1,588,918 shares of the stock were exchanged, compared to its average volume of 1,257,445. The stock has a market capitalization of $483.47 million, a P/E ratio of -23.75 and a beta of 1.29. The firm has a 50 day simple moving average of $3.26 and a 200-day simple moving average of $2.59. Talkspace has a 52 week low of $0.80 and a 52 week high of $3.92.

Talkspace (NASDAQ:TALK - Get Free Report) last issued its earnings results on Thursday, February 22nd. The company reported ($0.01) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.03. The business had revenue of $42.42 million for the quarter, compared to analyst estimates of $38.30 million. Talkspace had a negative net margin of 12.78% and a negative return on equity of 16.06%. During the same quarter in the prior year, the business posted ($0.08) EPS.

Institutional Trading of Talkspace

Hedge funds have recently made changes to their positions in the stock. Fifth Lane Capital LP acquired a new stake in Talkspace in the first quarter worth $55,000. Citigroup Inc. increased its holdings in shares of Talkspace by 53,648.1% in the 3rd quarter. Citigroup Inc. now owns 43,536 shares of the company's stock worth $85,000 after acquiring an additional 43,455 shares during the period. Potomac Capital Management Inc. bought a new stake in Talkspace in the 3rd quarter valued at about $108,000. Bank of New York Mellon Corp boosted its stake in Talkspace by 65.4% during the 3rd quarter. Bank of New York Mellon Corp now owns 61,167 shares of the company's stock valued at $119,000 after purchasing an additional 24,185 shares during the period. Finally, Counterpoint Mutual Funds LLC bought a new position in Talkspace in the 1st quarter worth about $132,000. Institutional investors own 57.37% 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.