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Talkspace Inc (TALKW)
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Upturn Advisory Summary
01/14/2025: TALKW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit -61.17% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance 1.0 | Stock Returns Performance 1.0 |
Profits based on simulation | Last Close 01/14/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 105071 | Beta 1.03 | 52 Weeks Range 0.03 - 0.28 | Updated Date 01/15/2025 |
52 Weeks Range 0.03 - 0.28 | Updated Date 01/15/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -55.45% | Operating Margin (TTM) -52.83% |
Management Effectiveness
Return on Assets (TTM) -23.15% | Return on Equity (TTM) -45.7% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 121158791 |
Shares Outstanding - | Shares Floating 121158791 | ||
Percent Insiders - | Percent Institutions - |
AI Summary
Talkspace Inc. Stock Analysis:
Company Profile:
History and Background:
Talkspace, Inc. was founded in 2012 by Oren Frank, Rony Zehavi, and Mark Hirschhorn, with the mission of making therapy more accessible and affordable. The company operates through a telehealth platform, connecting clients with licensed therapists via text, video, and audio chat. Talkspace went public on the Nasdaq in June 2021.
Core Business Areas:
Talkspace's core business is providing online therapy services to individuals, couples, and families. The company offers various subscription plans with different levels of therapist interaction and features. Additionally, Talkspace provides resources and support tools, such as articles, podcasts, and community forums.
Leadership and Corporate Structure:
Talkspace's leadership team includes Oren Frank (CEO), Rony Zehavi (President & COO), Mark Hirschhorn (CTO), and Dr. Lynn Bufka (Chief Clinical Officer). The company's corporate structure is relatively lean, with most employees located in their New York City headquarters.
Top Products and Market Share:
Talkspace's top product is its online therapy subscription service. The company also offers individual therapy sessions and group therapy sessions on specific topics. Talkspace holds a significant market share in the online therapy space, estimated at around 25% in the United States.
Market Comparison:
Talkspace faces competition from other online therapy providers like BetterHelp and Cerebral, as well as traditional therapy practices. While Talkspace has established itself as a leader in the telehealth therapy market, it remains to be seen if the company can maintain its market share as competition intensifies.
Total Addressable Market:
The global market for online therapy is expected to reach USD 22.4 billion by 2030, growing at a CAGR of 22.4% from 2022 to 2030. This growth is driven by the increasing demand for mental health services and the increasing adoption of telehealth technologies.
Financial Performance:
Revenue: Talkspace's revenue has grown significantly in recent years. In 2021, the company generated USD 122.4 million in revenue, compared to USD 70.5 million in 2020.
Profitability: Talkspace is not yet profitable. The company reported a net loss of USD 60.7 million in 2021. However, the company believes it can achieve profitability in the future through increased user adoption and improved operational efficiency.
Cash Flow: Talkspace's cash flow from operations has been negative in recent years, due to its ongoing investments in growth. The company had USD 128.4 million in cash and equivalents as of June 30, 2022.
Dividends and Shareholder Returns:
Talkspace does not currently pay dividends to shareholders.
Shareholder Returns: Talkspace's stock price has been volatile since its IPO. However, over the past year, the stock price has increased by approximately 20%.
Growth Trajectory:
Talkspace is focused on growing its user base and expanding its product offerings. The company is also investing in technology to improve the user experience and its overall platform.
Market Dynamics:
The online therapy market is growing rapidly, driven by the increasing demand for mental health services and the increasing adoption of telehealth technologies. Talkspace is well-positioned to benefit from this market growth.
Competitors:
Talkspace's main competitors include:
- BetterHelp
- Cerebral
- Amwell
- MDLive
Challenges and Opportunities:
Challenges:
- Increasing competition
- Regulatory changes in the telehealth industry
- Maintaining user engagement
Opportunities:
- Expanding into new markets
- Developing new product features
- Partnering with other healthcare providers
Recent Acquisitions:
Talkspace has not made any acquisitions in the past 3 years.
AI-Based Fundamental Rating:
Based on an analysis of Talkspace's financials, market position, and future prospects, the company receives an AI-based fundamental rating of 7 out of 10.
Justification:
Talkspace has a strong market position in the growing online therapy market. However, the company is not yet profitable and faces significant competition. If the company can achieve profitability and maintain its market share, it could be a good long-term investment.
Sources:
- Company website
- SEC filings
- Statista
Disclaimer:
This information is not intended as financial advice. Please do your own research before investing in any stock.
About NVIDIA Corporation
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2020-07-30 | CEO - | ||
Sector Healthcare | Industry Health Information Services | Full time employees 339 | Website |
Full time employees 339 | Website |
Talkspace, Inc. operates as a virtual behavioral healthcare company. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans through both business-to-business and business-to-consumer channels. It provides text, audio, and video-based psychotherapy from licensed therapists. The company offers Talkspace for Business for employees to access its platform services on a benefit plan paid by the employer; and Talkspace Employee Assistance Program (EAP) and Talkspace Behavioral Health plan, that provides online therapy to employees through EAP and behavioral health benefits. Talkspace, Inc. was founded in 2012 and is based in New York, New York.
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