TALK Chart
About

Talkspace, Inc. operates as a virtual behavioral healthcare company that connects patients with licensed mental health providers in the United States. The company provides psychotherapy and psychiatry services to treat various mental health conditions, such as depression, anxiety, trauma, and other fields of human challenges by operating an online platform for one-on-one therapy delivered through messaging, audio, and video channels. It serves health insurance plans and employee assistance programs, direct-to-enterprise customers, and individual subscribers. Talkspace, Inc. was formerly known as Groop Internet Platform Inc. and changed its name to Talkspace, Inc. in June 2021. The company was founded in 2012 and is headquartered in New York, New York.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Health Information Servi Market Cap 752.76M
Enterprise Value 656.08M Income 7.79M Sales 228.87M
Book/sh 0.70 Cash/sh 0.56 Dividend Yield —
Payout 0.00% Employees — IPO —
P/E 149.83 Forward P/E 20.43 PEG —
P/S 3.29 P/B 6.38 P/C —
EV/EBITDA 108.86 EV/Sales 2.87 Quick Ratio 6.25
Current Ratio 6.38 Debt/Eq — LT Debt/Eq —
EPS (ttm) 0.03 EPS next Y 0.22 EPS Growth 3.00%
Revenue Growth 29.30% Earnings 2026-05-05 ROA 1.44%
ROE 6.65% ROIC — Gross Margin 39.82%
Oper. Margin 6.08% Profit Margin 3.40% Shs Outstand 165.66M
Shs Float 127.31M Short Float 6.09% Short Ratio 4.16
Short Interest — 52W High 5.18 52W Low 2.22
Beta 1.21 Avg Volume 1.46M Volume 901.24K
Target Price $6.50 Recom Strong_buy Prev Close $4.51
Price $4.50 Change -0.33%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.50
Mean price target
2. Current target
$4.50
Latest analyst target
3. DCF / Fair value
$-0.55
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$4.50
Low
$5.50
High
$9.00
Mean
$6.50

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-20 main TD Cowen Buy → Buy $9
2026-02-19 main Needham Buy → Buy $6
2026-01-08 main Keybanc Overweight → Overweight $5
2025-12-09 init Barclays — → Equal-Weight $4
2025-12-02 reit Needham Buy → Buy $5
2025-10-31 main Canaccord Genuity Buy → Buy $6
2025-10-31 up Needham Hold → Buy $5
2025-05-06 reit Needham Hold → Hold —
2025-04-03 init Canaccord Genuity — → Buy $5
2025-02-21 reit Needham Hold → Hold —
2024-12-09 init Keybanc — → Overweight $5
2024-12-04 init Mizuho — → Outperform $5
2024-11-20 init Northland Capital Markets — → Outperform $5
2024-10-30 reit Needham — → Hold —
2024-10-29 main Barclays Equal-Weight → Equal-Weight $3
2024-08-06 reit Needham — → Hold —
2024-07-01 init Needham — → Hold —
2024-02-23 main Barclays Equal-Weight → Equal-Weight $3
2024-01-03 init Barclays — → Equal-Weight $3
2023-05-03 main TD Cowen — → Outperform $5
Insider Transactions
Date Shares Value Url Text Insider Position Transaction Start Date Ownership
0 20542 — — Stock Award(Grant) at price 0.00 per share. REILLY JOHN CHARLES Officer — 2026-01-30 00:00:00 D
1 49797 — — Stock Award(Grant) at price 0.00 per share. MARGOLIN GIL Chief Technology Officer — 2026-01-30 00:00:00 D
2 49797 — — Stock Award(Grant) at price 0.00 per share. HARRIS IAN JIRO Chief Financial Officer — 2026-01-30 00:00:00 D
3 22409 — — Stock Award(Grant) at price 0.00 per share. WATSON KATELYN Officer — 2026-01-30 00:00:00 D
4 74695 — — Stock Award(Grant) at price 0.00 per share. COHEN JON R Chief Executive Officer — 2026-01-30 00:00:00 D
5 14542 47407 — Sale at price 3.26 per share. MARGOLIN GIL Chief Technology Officer — 2025-12-11 00:00:00 D
6 3516 3094 — Conversion of Exercise of derivative security at price 0.88 per share. MARGOLIN GIL Chief Technology Officer — 2025-12-02 00:00:00 D
7 3516 11075 — Sale at price 3.15 per share. MARGOLIN GIL Chief Technology Officer — 2025-12-02 00:00:00 D
8 53947 — — Stock Award(Grant) at price 0.00 per share. BRAUNSTEIN DOUGLAS L Director and Beneficial Owner of more than 10% of a Class of Security — 2025-12-01 00:00:00 D
9 51990 — — Stock Award(Grant) at price 0.00 per share. SHACHAR EREZ Director — 2025-12-01 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems0.000.00-1.29M0.00
TaxRateForCalcs0.080.210.210.27
NormalizedEBITDA-3.64M-22.01M-69.53M-91.95M
TotalUnusualItems0.000.00-6.13M0.00
TotalUnusualItemsExcludingGoodwill0.000.00-6.13M0.00
NetIncomeFromContinuingOperationNetMinorityInterest1.15M-19.18M-79.67M-62.74M
ReconciledDepreciation859.00K1.20M1.36M1.97M
ReconciledCostOfRevenue101.76M75.67M59.23M46.90M
EBITDA-3.64M-22.01M-75.67M-91.95M
EBIT-4.50M-23.21M-77.02M-93.92M
NetInterestIncome5.74M4.25M3.74M31.23M
NormalizedIncome1.15M-19.18M-74.83M-62.74M
NetIncomeFromContinuingAndDiscontinuedOperation1.15M-19.18M-79.67M-62.74M
TotalExpenses192.09M173.25M196.59M207.59M
TotalOperatingIncomeAsReported-4.50M-23.21M-83.16M-93.92M
DilutedAverageShares176.50M165.04M156.89M86.78M
BasicAverageShares168.91M165.04M156.89M86.78M
DilutedEPS0.01-0.12-0.51-0.72
BasicEPS0.01-0.12-0.51-0.72
DilutedNIAvailtoComStockholders1.15M-19.18M-79.67M-62.74M
NetIncomeCommonStockholders1.15M-19.18M-79.67M-62.74M
NetIncome1.15M-19.18M-79.67M-62.74M
NetIncomeIncludingNoncontrollingInterests1.15M-19.18M-79.67M-62.74M
NetIncomeContinuousOperations1.15M-19.18M-79.67M-62.74M
TaxProvision94.00K218.00K254.00K47.00K
PretaxIncome1.24M-18.96M-79.42M-62.70M
OtherIncomeExpense-6.13M
SpecialIncomeCharges0.000.00-6.13M0.00
ImpairmentOfCapitalAssets0.000.006.13M0.00
NetNonOperatingInterestIncomeExpense5.74M4.25M3.74M31.23M
TotalOtherFinanceCost-5.74M-4.25M-3.74M-31.23M
OperatingIncome-4.50M-23.21M-77.02M-93.92M
OperatingExpense90.33M97.59M137.36M160.69M
OtherOperatingExpenses6.54M6.16M6.59M9.37M
ResearchAndDevelopment10.51M17.57M21.66M15.92M
SellingGeneralAndAdministration73.28M73.86M109.11M135.41M
SellingAndMarketingExpense50.65M52.54M72.84M100.64M
GeneralAndAdministrativeExpense22.63M21.32M36.27M34.77M
OtherGandA22.63M21.32M36.27M34.77M
GrossProfit85.84M74.38M60.34M66.77M
CostOfRevenue101.76M75.67M59.23M46.90M
TotalRevenue187.59M150.04M119.57M113.67M
OperatingRevenue187.59M150.04M119.57M113.67M
Line Item2024-12-312023-12-312022-12-312021-12-31
OrdinarySharesNumber168.85M168.43M161.16M152.86M
ShareIssued168.85M168.43M161.16M152.86M
TangibleBookValue116.06M116.86M125.01M182.70M
InvestedCapital117.39M118.65M127.54M192.27M
WorkingCapital111.16M118.15M125.24M186.15M
NetTangibleAssets116.06M116.86M125.01M182.70M
CommonStockEquity117.39M118.65M127.54M192.27M
TotalCapitalization117.39M118.65M127.54M192.27M
TotalEquityGrossMinorityInterest117.39M118.65M127.54M192.27M
StockholdersEquity117.39M118.65M127.54M192.27M
GainsLossesNotAffectingRetainedEarnings2.00K0.00
OtherEquityAdjustments2.00K
RetainedEarnings-269.24M-270.38M-251.20M-171.53M
AdditionalPaidInCapital386.61M389.01M378.72M363.79M
CapitalStock17.00K16.00K16.00K15.00K
CommonStock17.00K16.00K16.00K15.00K
TotalLiabilitiesNetMinorityInterest21.28M23.57M28.72M31.33M
TotalNonCurrentLiabilitiesNetMinorityInterest2.26M1.93M1.40M4.16M
OtherNonCurrentLiabilities569.00K85.00K461.00K86.00K
PreferredSecuritiesOutsideStockEquity0.00
DerivativeProductLiabilities1.69M1.84M939.00K4.07M
CurrentLiabilities19.02M21.65M27.32M27.18M
OtherCurrentLiabilities1.23M3.05M2.91M2.59M
CurrentDeferredLiabilities3.28M3.07M4.36M7.19M
CurrentDeferredRevenue3.28M3.07M4.36M7.19M
PensionandOtherPostRetirementBenefitPlansCurrent5.14M7.27M5.29M5.99M
PayablesAndAccruedExpenses9.36M8.26M14.76M11.41M
CurrentAccruedExpenses1.65M2.15M8.30M3.98M
Payables7.71M6.11M6.46M7.43M
AccountsPayable7.71M6.11M6.46M7.43M
TotalAssets138.68M142.22M156.25M223.61M
TotalNonCurrentAssets8.49M2.42M3.70M10.28M
OtherNonCurrentAssets897.00K321.00K491.00K82.00K
NonCurrentDeferredAssets0.00
GoodwillAndOtherIntangibleAssets1.34M1.79M2.53M9.57M
OtherIntangibleAssets1.34M1.79M2.53M3.44M
Goodwill0.006.13M
NetPPE6.26M314.00K677.00K624.00K
AccumulatedDepreciation-1.12M-888.00K-642.00K-302.00K
GrossPPE7.38M1.20M677.00K926.00K
OtherProperties139.00K35.00K
MachineryFurnitureEquipment7.24M1.17M677.00K926.00K
CurrentAssets130.18M139.80M152.56M213.33M
OtherCurrentAssets2.73M5.72M4.37M9.56M
Receivables9.64M10.17M9.64M5.51M
AccountsReceivable9.64M10.17M9.64M5.51M
AllowanceForDoubtfulAccountsReceivable-4.92M
GrossAccountsReceivable10.43M
CashCashEquivalentsAndShortTermInvestments117.81M123.91M138.54M198.26M
OtherShortTermInvestments41.12M0.00
CashAndCashEquivalents76.69M123.91M138.54M198.26M
CashEquivalents75.78M122.83M
CashFinancial911.00K1.08M
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow6.26M-16.39M-61.08M-66.37M
RepurchaseOfCapitalStock-11.00M0.000.00
RepaymentOfDebt0.000.00-6.00M
IssuanceOfDebt0.000.006.00M
IssuanceOfCapitalStock0.00
CapitalExpenditure-5.44M-151.00K-350.00K-663.00K
InterestPaidSupplementalData0.000.0068.00K538.00K
IncomeTaxPaidSupplementalData96.00K219.00K122.00K0.00
EndCashPosition76.69M123.91M138.54M198.26M
BeginningCashPosition123.91M138.54M198.26M13.25M
ChangesInCash-47.22M-14.64M-59.71M185.01M
FinancingCashFlow-12.19M1.90M1.68M251.38M
CashFlowFromContinuingFinancingActivities-12.19M1.90M1.68M251.38M
NetOtherFinancingCharges-3.19M-810.00K-1.50M249.28M
ProceedsFromStockOptionExercised2.01M2.71M3.18M2.10M
NetPreferredStockIssuance0.00
PreferredStockIssuance0.00
NetCommonStockIssuance-11.00M0.000.00
CommonStockPayments-11.00M0.000.00
NetIssuancePaymentsOfDebt0.000.000.00
NetLongTermDebtIssuance0.000.000.00
LongTermDebtPayments0.000.00-6.00M
LongTermDebtIssuance0.000.006.00M
InvestingCashFlow-46.73M-141.00K-317.00K-663.00K
CashFlowFromContinuingInvestingActivities-46.73M-141.00K-317.00K-663.00K
NetOtherInvestingChanges-171.00K-141.00K-317.00K
NetInvestmentPurchaseAndSale-41.12M0.000.00
PurchaseOfInvestment-41.12M0.000.00
NetBusinessPurchaseAndSale0.000.00
PurchaseOfBusiness0.000.00
NetIntangiblesPurchaseAndSale0.000.00
PurchaseOfIntangibles0.000.00
NetPPEPurchaseAndSale-141.00K-317.00K-663.00K
SaleOfPPE10.00K33.00K0.00
PurchaseOfPPE-151.00K-350.00K-663.00K
CapitalExpenditureReported-5.44M0.000.00
OperatingCashFlow11.70M-16.39M-61.08M-65.71M
CashFlowFromContinuingOperatingActivities11.70M-16.39M-61.08M-65.71M
ChangeInWorkingCapital895.00K-7.55M2.02M-738.00K
ChangeInOtherWorkingCapital213.00K-1.29M-2.83M2.01M
ChangeInOtherCurrentLiabilities102.00K0.00
ChangeInOtherCurrentAssets2.99M-1.35M5.08M-8.05M
ChangeInPayablesAndAccruedExpense-2.84M-4.38M3.89M4.90M
ChangeInAccruedExpense-4.44M-4.03M4.86M4.40M
ChangeInPayable1.60M-350.00K-968.00K503.00K
ChangeInAccountPayable1.60M-350.00K-968.00K503.00K
ChangeInReceivables531.00K-534.00K-4.13M402.00K
ChangesInAccountReceivables531.00K-534.00K-4.13M402.00K
OtherNonCashItems-219.00K-155.00K102.00K175.00K
StockBasedCompensation9.17M8.39M12.12M27.41M
AssetImpairmentCharge0.000.006.13M0.00
DepreciationAmortizationDepletion859.00K1.20M1.36M1.97M
DepreciationAndAmortization859.00K1.20M1.36M1.97M
OperatingGainsLosses-152.00K903.00K-3.13M-31.78M
GainLossOnInvestmentSecurities-152.00K903.00K-3.13M-31.78M
NetIncomeFromContinuingOperations1.15M-19.18M-79.67M-62.74M
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

Public Trades for TALK
Date User Asset Broker Type Position Size Entry Price Patterns