Talkspace Inc [NASDAQ: TALK] price surged by 3.62 percent to reach at $0.1.
The one-year TALK stock forecast points to a potential upside of 42.8. The average equity rating for TALK stock is currently 1.33, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Talkspace Inc [TALK]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TALK shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TALK stock is a recommendation set at 1.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
KeyBanc Capital Markets have made an estimate for Talkspace Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on December 09, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Outperform. The new note on the price target was released on December 04, 2024, representing the official price target for Talkspace Inc stock. Previously, the target price had yet another raise to $5, while Northland Capital analysts kept a Outperform rating on TALK stock.
The Average True Range (ATR) for Talkspace Inc is set at 0.25, with the Price to Sales ratio for TALK stock in the period of the last 12 months amounting to 2.58. The Price to Book ratio for the last quarter was 4.11, with the Price to Cash per share for the same quarter was set at 0.70. Price to Free Cash Flow for TALK in the course of the last twelve months was 77.18 with Quick ratio for the last quarter at 6.90.
TALK Stock Performance Analysis:
Talkspace Inc [TALK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.00. With this latest performance, TALK shares dropped by -15.63% in over the last four-week period, additionally plugging by 50.53% over the last 6 months – not to mention a drop of -2.05% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TALK stock in for the last two-week period is set at 39.76, with the RSI for the last a single of trading hit 38.06, and the three-weeks RSI is set at 41.96 for Talkspace Inc [TALK]. The present Moving Average for the last 50 days of trading for this stock 3.23, while it was recorded at 2.83 for the last single week of trading, and 2.66 for the last 200 days.
Insight into Talkspace Inc Fundamentals:
Talkspace Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.90 and a Current Ratio set at 6.84.
TALK Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TALK. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Talkspace Inc go to 166.84%.
Talkspace Inc [TALK] Institutonal Ownership Details
The top three institutional holders of TALK stocks are: NVP ASSOCIATES, LLC with ownership of 14.7 million shares, which is approximately 8.6923%. HUDSON EXECUTIVE CAPITAL LP, holding 11.34 million shares of the stock with an approximate value of $$22.53 million in TALK stocks shares; and HUDSON EXECUTIVE CAPITAL LP, currently with $$17.71 million in TALK stock with ownership which is approximately 4.5607%.
