Teladoc Health - TDOC Stock Forecast, Price & News

28 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teladoc Health in the last twelve months. There are currently 1 sell rating, 22 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.
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28 analysts have issued 1 year price objectives for Teladoc Health's shares. Their TDOC share price forecasts range from $25.00 to $210.00. On average, they anticipate the company's share price to reach $64.83 in the next twelve months. This suggests a possible upside of 80.3% from the stock's current price.
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Teladoc Health's stock was trading at $91.82 at the beginning of 2022. Since then, TDOC stock has decreased by 60.8% and is now trading at $35.95.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
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Teladoc Health, Inc. (NYSE:TDOC) issued its quarterly earnings results on Wednesday, October, 27th. The health services provider reported ($0.53) earnings per share for the quarter, beating the consensus estimate of ($0.70) by $0.17. The health services provider earned $521.70 million during the quarter, compared to analyst estimates of $516.79 million. Teladoc Health had a negative net margin of 441.94% and a negative trailing twelve-month return on equity of 2.04%. The business's revenue for the quarter was up 80.6% compared to the same quarter last year. During the same period last year, the business posted ($0.13) earnings per share.

Teladoc Health issued an update on its third quarter 2022 earnings guidance on Thursday, August, 4th. The company provided EPS guidance of -$0.85--$0.60 for the period, compared to the consensus estimate of -$0.55. The company issued revenue guidance of $600.00 million-$620.00 million, compared to the consensus revenue estimate of $613.73 million.

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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDOC."

Teladoc Health's stock is owned by many different institutional and retail investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (5.41%), Nikko Asset Management Americas Inc. (5.14%), Baillie Gifford & Co. (4.80%), Renaissance Technologies LLC (2.78%), State of Michigan Retirement System (2.30%) and Himension Capital Singapore PTE. LTD. (1.34%). Insiders that own company stock include Adam C Vandervoort, Andrew Turitz, Arnnon Geshuri, Daniel Trencher, David L Shedlarz, David Travers, David William Sides, Gabriel R Cappucci, Glen Tullman, Hemant Taneja, Jason N Gorevic, Karen L Daniel, Kenneth H Paulus, Lewis Levy, Mala Murthy, Michael Goldstein, Michelle Bucaria, Sandra L Fenwick, Stephany Verstraete, William H Frist and Yulun Wang.
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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.
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One share of TDOC stock can currently be purchased for approximately $35.95.

Teladoc Health (NYSE:TDOC) has a market capitalization of $5.79 billion and generates $2.03 billion in revenue each year. The health services provider earns $-428,790,000.00 in net income (profit) each year or ($61.40) on an earnings per share basis.

The company employs 5,100 workers across the globe.

Teladoc Health was founded in 2002.

Teladoc Health's mailing address is 2 MANHATTANVILLE ROAD SUITE 203, PURCHASE NY, 10577. The official website for the company is www.teladochealth.com. The health services provider can be reached via phone at (203) 635-2002 or via email at teladoc@westwicke.com.