William Blair Brokers Lower Earnings Estimates for Talkspace

Key Points

• William Blair has lowered their Q1 2026 earnings per share estimate for Talkspace from $0.03 to $0.02, reflecting ongoing concerns about the company's profitability.
• Talkspace reported $0.00 EPS for its last quarter, missing the consensus estimate of $0.01, while revenue slightly exceeded expectations at $54.31 million.
• The stock has a consensus rating of "Buy" with a target price of $4.50, indicating positive sentiment among analysts despite recent earnings challenges.

Talkspace, Inc. (NASDAQ:TALK - Free Report) - Research analysts at William Blair lowered their Q1 2026 EPS estimates for shares of Talkspace in a report released on Tuesday, August 5th. William Blair analyst R. Daniels now forecasts that the company will post earnings per share of $0.02 for the quarter, down from their previous estimate of $0.03. The consensus estimate for Talkspace's current full-year earnings is $0.08 per share. William Blair also issued estimates for Talkspace's Q2 2026 earnings at $0.02 EPS and Q3 2026 earnings at $0.04 EPS.

Talkspace (NASDAQ:TALK - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.01). The business had revenue of $54.31 million during the quarter, compared to the consensus estimate of $54.08 million. Talkspace had a net margin of 1.51% and a return on equity of 2.54%.

Separately, Needham & Company LLC reissued a "hold" rating on shares of Talkspace in a research note on Tuesday, May 6th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $4.50.

Talkspace Price Performance

Talkspace stock opened at $2.27 on Wednesday. The company's 50 day simple moving average is $2.77 and its 200 day simple moving average is $2.94. Talkspace has a fifty-two week low of $1.60 and a fifty-two week high of $4.36. The firm has a market capitalization of $379.82 million, a price-to-earnings ratio of 113.56 and a beta of 1.06.

Insiders Place Their Bets

In other Talkspace news, CMO Katelyn Watson sold 39,000 shares of Talkspace stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $3.30, for a total value of $128,700.00. Following the transaction, the chief marketing officer owned 433,997 shares of the company's stock, valued at approximately $1,432,190.10. The trade was a 8.25% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 23.50% of the stock is owned by insiders.

Institutional Trading of Talkspace

A number of institutional investors have recently made changes to their positions in TALK. Vanguard Group Inc. boosted its holdings in Talkspace by 6.5% during the first quarter. Vanguard Group Inc. now owns 7,650,330 shares of the company's stock worth $19,585,000 after purchasing an additional 469,543 shares during the last quarter. Deutsche Bank AG boosted its holdings in Talkspace by 10.6% during the first quarter. Deutsche Bank AG now owns 5,104,995 shares of the company's stock worth $13,069,000 after purchasing an additional 489,510 shares during the last quarter. AWM Investment Company Inc. boosted its holdings in Talkspace by 3.9% during the first quarter. AWM Investment Company Inc. now owns 3,968,500 shares of the company's stock worth $10,159,000 after purchasing an additional 150,000 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Talkspace by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 3,077,361 shares of the company's stock worth $9,512,000 after purchasing an additional 63,072 shares during the last quarter. Finally, Voss Capital LP bought a new stake in Talkspace during the fourth quarter worth $3,981,000. Institutional investors own 57.37% of the company's stock.

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.

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