Talkspace Inc (NASDAQ:TALK) has a beta value of 1.13 and has seen 2.64 million shares traded in the last trading session. The company, currently valued at $491.57M, closed the last trade at $2.91 per share which meant it gained $0.05 on the day or 1.75% during that session. The TALK stock price is -49.83% off its 52-week high price of $4.36 and 45.02% above the 52-week low of $1.60.
The consensus among analysts is that Talkspace Inc (TALK) is Hold stock at the moment, with a recommendation rating of 1.33. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 2 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight.
Talkspace Inc (NASDAQ:TALK) trade information
Sporting 1.75% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the TALK stock price touched $2.91 or saw a rise of 3.32%. Year-to-date, Talkspace Inc shares have moved -5.83%, while the 5-day performance has seen it change 1.75%. Over the past 30 days, the shares of Talkspace Inc (NASDAQ:TALK) have changed -18.94%.
Wall Street analysts have a consensus price target for the stock at $2.5, which means that the shares’ value could drop -16.4% from current levels. The projected low price target is $2.0 while the price target rests at a high of $3.0. In that case, then, we find that the current price level is -3.09% off the targeted high while a plunge would see the stock lose 31.27% from current levels.
Talkspace Inc (TALK) estimates and forecasts
The company’s shares have gained 53.97% over the past 6 months.
Earnings growth for 2025 is a modest 483.33% while over the next 5 years, the company’s earnings are expected to increase by 166.84%.
TALK Dividends
Talkspace Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Talkspace Inc (NASDAQ:TALK)’s Major holders
The top two institutional holders are NVP ASSOCIATES, LLC with over 14.7 million shares worth more than $33.82 million. As of 2024-06-30, NVP ASSOCIATES, LLC held 8.6923% of shares outstanding.
The other major institutional holder is HUDSON EXECUTIVE CAPITAL LP, with the holding of over 11.34 million shares as of 2024-06-30. The firm’s total holdings are worth over $22.53 million and represent 6.7045% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are American Century Small Cap Growth Fund and Deutsche DWS Investment Tr-DWS Small Cap Core Fd . As of Dec 31, 2024 , the former fund manager holds about 3.22% shares in the company for having 5.44 shares of worth $15.82 million while later fund manager owns 4.5 shares of worth $13.1 million as of Dec 31, 2024 , which makes it owner of about 2.66% of company’s outstanding stock.
