Teladoc Health Stock Price, News & Analysis (NYSE:TDOC)

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teladoc Health in the last year. There are currently 8 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TDOC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TDOC, but not buy additional shares or sell existing shares.
View TDOC analyst ratings or view top-rated stocks.

13 equities research analysts have issued twelve-month target prices for Teladoc Health's shares. Their TDOC share price targets range from $19.00 to $36.00. On average, they anticipate the company's share price to reach $27.14 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price.
View analysts price targets for TDOC or view top-rated stocks among Wall Street analysts.

Teladoc Health's stock was trading at $23.65 on January 1st, 2023. Since then, TDOC shares have decreased by 19.7% and is now trading at $18.99.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our TDOC earnings forecast.

Teladoc Health, Inc. (NYSE:TDOC) announced its quarterly earnings results on Tuesday, October, 24th. The health services provider reported ($0.35) EPS for the quarter, beating analysts' consensus estimates of ($0.37) by $0.02. The health services provider earned $660.24 million during the quarter, compared to the consensus estimate of $662.71 million. Teladoc Health had a negative trailing twelve-month return on equity of 9.60% and a negative net margin of 155.12%.

ETFs with the largest weight of Teladoc Health (NYSE:TDOC) stock in their portfolio include ARK Genomic Revolution ETF (ARKG), Global X Telemedicine & Digital Health ETF (EDOC), ARK Innovation ETF (ARKK), ARK Next Generation Internation ETF (ARKW), ARK Fintech Innovation ETF (ARKF), Fidelity Digital Health ETF (FDHT), iShares Virtual Work and Life Multisector ETF (IWFH) and First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).

Teladoc Health issued an update on its FY23 earnings guidance on Tuesday, October, 24th. The company provided EPS guidance of $(1.50)-$(1.40) for the period, compared to the consensus estimate of ($1.37). The company issued revenue guidance of $2.600-2.625 billion, compared to the consensus revenue estimate of $2.63 billion.

106 employees have rated Teladoc Health Chief Executive Officer Jason Gorevic on Glassdoor.com. Jason Gorevic has an approval rating of 95% among the company's employees. This puts Jason Gorevic in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Teladoc Health investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Block (SQ), Shopify (SHOP), DocuSign (DOCU), Salesforce (CRM), PayPal (PYPL) and Zoom Video Communications (ZM).

(TDOC) raised $112 million in an IPO on Wednesday, July 1st 2015. The company issued 7,000,000 shares at a price of $15.00-$17.00 per share. J.P. Morgan and Deutsche Bank Securities served as the underwriters for the IPO and William Blair, Wells Fargo Securities and SunTrust Robinson Humphrey were co-managers.

Teladoc Health's stock is owned by a variety of retail and institutional investors. Top institutional investors include ARK Investment Management LLC (12.31%), Sumitomo Mitsui Trust Holdings Inc. (4.66%), State of Michigan Retirement System (1.92%), Baillie Gifford & Co. (1.06%), Charles Schwab Investment Management Inc. (0.94%) and Federated Hermes Inc. (0.91%). Insiders that own company stock include Adam C Vandervoort, Andrew Turitz, Arnnon Geshuri, Claus Torp Jensen, Daniel Trencher, David Travers, David William Sides, Glen Tullman, Hemant Taneja, Jason N Gorevic, Karen L Daniel, Mala Murthy, Michael Willem Waters, Richard J Napolitano, Sandra L Fenwick, Stephany Verstraete, Vidya Raman-Tangella and Yulun Wang.
View institutional ownership trends.

Shares of TDOC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.