Talkspace (NASDAQ:TALK) Price Target Raised to $6.00

Talkspace (NASDAQ:TALK) had its price target hoisted by research analysts at Needham & Company LLC from $5.00 to $6.00 in a research note issued on Thursday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Needham & Company LLC’s target price points to a potential upside of 23.08% from the stock’s current price.

A number of other equities research analysts have also recently issued reports on the stock. KeyCorp boosted their target price on shares of Talkspace from $4.00 to $5.00 and gave the company an “overweight” rating in a research report on Thursday, January 8th. Barclays started coverage on shares of Talkspace in a research report on Monday, December 8th. They set an “equal weight” rating and a $3.50 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Talkspace in a report on Monday, December 29th. Wall Street Zen upgraded Talkspace from a “hold” rating to a “buy” rating in a research note on Saturday, January 10th. Finally, Zacks Research raised Talkspace from a “strong sell” rating to a “hold” rating in a research report on Friday, October 31st. Four analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Talkspace currently has an average rating of “Moderate Buy” and an average price target of $5.13.

Talkspace Stock Up 24.0%

Shares of Talkspace stock traded up $0.95 on Thursday, hitting $4.88. The stock had a trading volume of 7,928,878 shares, compared to its average volume of 1,609,854. The stock has a market cap of $807.59 million, a price-to-earnings ratio of 163.22 and a beta of 1.20. Talkspace has a twelve month low of $2.22 and a twelve month high of $5.13. The business’s 50 day moving average is $3.80 and its two-hundred day moving average is $3.18.

Talkspace (NASDAQ:TALK) last released its quarterly earnings results on Thursday, February 19th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. Talkspace had a return on equity of 3.75% and a net margin of 1.98%.The business had revenue of $63.00 million during the quarter, compared to the consensus estimate of $61.91 million. As a group, equities analysts predict that Talkspace will post 0.08 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Talkspace

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. State of Alaska Department of Revenue acquired a new position in shares of Talkspace during the 3rd quarter worth $25,000. Cerity Partners LLC acquired a new stake in Talkspace in the second quarter valued at about $28,000. Neuberger Berman Group LLC bought a new position in Talkspace in the second quarter valued at about $29,000. Xponance Inc. acquired a new position in Talkspace during the third quarter worth about $31,000. Finally, Nierenberg Investment Management Company Inc. bought a new position in shares of Talkspace in the third quarter worth about $32,000. 57.37% of the stock is currently owned by institutional investors.

Trending Headlines about Talkspace

Here are the key news stories impacting Talkspace this week:

• Positive Sentiment: Q4 results topped estimates — Talkspace reported EPS of $0.03 (vs. $0.02 consensus) and revenue of $63.0M (vs. $61.9M consensus), with a small positive net margin and modest ROE; the beat is the primary catalyst for the stock’s move higher. GlobeNewswire: Q4 and FY2025 Results
• Neutral Sentiment: FY‑2026 revenue guidance set to $275M–$290M — the midpoint is near the Street consensus (~$281.5M), so the range neither clearly undercuts nor materially exceeds expectations; EPS guidance was not clearly provided in the release, leaving some visibility uncertainty. GlobeNewswire: Guidance Details
• Neutral Sentiment: Earnings materials and call available — management provided a press release, slide deck and conference call/transcript, which investors can use to assess margin drivers, membership trends, and expense plans; the details will determine whether the beat is sustainable. MarketBeat: Earnings Report & Transcript
• Neutral Sentiment: Third‑party comparison and previews — recent analyst previews and comparison pieces reiterate that Talkspace is a small‑cap, margin‑sensitive business; these pieces provide context but do not introduce new company‑specific catalysts. DefenseWorld: Comparative Review

About Talkspace

Talkspace, Inc (NASDAQ:TALK) is a digital mental health company that provides online therapy and psychiatry services through a secure, cloud-based platform. Headquartered in New York City, Talkspace enables individuals and couples to connect with licensed therapists and psychiatrists via text messaging, live audio, and video sessions. The company’s platform is accessible through web and mobile applications, allowing clients to seek professional support anytime and from any location with an internet connection.

The company’s core offerings include therapy plans that range from unlimited text-based messaging with a dedicated therapist to scheduled live video sessions.