Symbols / TALK $5.19 +0.00% Talkspace, Inc.

Healthcare • Health Information Services • United States • NCM
TALK Chart
O: — H: — L: — C: — V: —
SMA 20: SMA 50: SMA 200:
About

Talkspace, Inc., together with its subsidiaries, 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. The company 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
Market Cap 869.39M Enterprise Value 774.54M Income 7.79M Sales 228.87M Book/sh 0.70 Cash/sh 0.55
Dividend Yield Payout 0.00% Employees 598 IPO P/E 129.75 Forward P/E 23.59
PEG P/S 3.80 P/B 7.39 P/C EV/EBITDA 128.51 EV/Sales 3.38
Quick Ratio 6.25 Current Ratio 6.38 Debt/Eq LT Debt/Eq EPS (ttm) 0.04 EPS next Y 0.22
EPS Growth 181.10% 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 167.51M Shs Float 128.23M Short Float 4.62%
Short Ratio 0.59 Short Interest 52W High 5.20 52W Low 2.22 Beta 1.14 Avg Volume 4.13M
Volume 535.03K Target Price $6.15 Recom None Prev Close $5.19 Price $5.19 Change 0.00%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$6.15
Mean price target
2. Current target
$5.19
Latest analyst target
3. DCF / Fair value
$-0.55
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$5.19
Low
$5.25
High
$9.00
Mean
$6.15

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main Barclays Equal-Weight → Equal-Weight $5
2026-03-10 down Keybanc Overweight → Sector Weight
2026-03-09 down Canaccord Genuity Buy → Hold
2026-03-09 down Needham Buy → Hold
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
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-03-31 COHEN JON R Chief Executive Officer 387,823 $0.00 $0
2026-03-31 REILLY JOHN CHARLES Officer 92,108 $0.00 $0
2026-03-31 MARGOLIN GIL Chief Technology Officer 58,174 $0.00 $0
2026-03-31 HARRIS IAN JIRO Chief Financial Officer 145,434 $0.00 $0
2026-03-31 WATSON KATELYN Officer 38,783 $0.00 $0
2026-02-27 BRAUNSTEIN DOUGLAS L Director and Beneficial Owner of more than 10% of a Class of Security 3,757 $0.00 $0
2026-02-27 SHACHAR EREZ Director 2,684 $0.00 $0
2026-02-27 PAWAR MADHU Director 2,147 $0.00 $0
2026-01-30 COHEN JON R Chief Executive Officer 74,695 $0.00 $0
2026-01-30 REILLY JOHN CHARLES Officer 20,542 $0.00 $0
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
228.87
+22.00%
187.59
+25.02%
150.04
+25.49%
119.57
Operating Revenue
228.87
+22.00%
187.59
+25.02%
150.04
+25.49%
119.57
Cost Of Revenue
130.52
+28.83%
101.31
+34.69%
75.22
+27.00%
59.23
Reconciled Cost Of Revenue
130.52
+28.83%
101.31
+34.53%
75.31
+27.15%
59.23
Gross Profit
98.35
+13.99%
86.28
+15.31%
74.83
+24.01%
60.34
Operating Expense
95.20
+4.87%
90.78
-7.40%
98.03
-28.63%
137.36
Research And Development
9.54
-7.16%
10.28
-39.76%
17.07
-21.21%
21.66
Selling General And Administration
75.57
+3.38%
73.10
-0.58%
73.53
-32.62%
109.11
Selling And Marketing Expense
53.80
+6.49%
50.52
-3.25%
52.22
-28.31%
72.84
General And Administrative Expense
21.77
-3.57%
22.57
+5.97%
21.30
-41.27%
36.27
Other Gand A
21.77
-3.57%
22.57
+5.97%
21.30
-41.27%
36.27
Other Operating Expenses
7.21
+10.18%
6.54
+6.22%
6.16
-6.55%
6.59
Total Expenses
225.72
+17.51%
192.09
+10.87%
173.25
-11.87%
196.59
Operating Income
3.15
+170.09%
-4.50
+80.62%
-23.21
+69.87%
-77.02
Total Operating Income As Reported
3.15
+170.09%
-4.50
+80.62%
-23.21
+72.09%
-83.16
EBITDA
6.03
+265.67%
-3.64
+83.41%
-21.92
+71.03%
-75.67
Normalized EBITDA
6.03
+265.67%
-3.64
+83.41%
-21.92
+68.47%
-69.53
Reconciled Depreciation
2.88
+234.69%
0.86
-28.18%
1.20
-11.86%
1.36
EBIT
3.15
+170.09%
-4.50
+80.62%
-23.21
+69.87%
-77.02
Total Unusual Items
0.00
0.00
+100.00%
-6.13
Total Unusual Items Excluding Goodwill
0.00
0.00
+100.00%
-6.13
Special Income Charges
0.00
0.00
+100.00%
-6.13
Impairment Of Capital Assets
0.00
0.00
-100.00%
6.13
Net Income
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Pretax Income
8.37
+573.67%
1.24
+106.55%
-18.96
+76.12%
-79.42
Net Non Operating Interest Income Expense
5.21
-9.13%
5.74
+35.19%
4.25
+13.50%
3.74
Net Interest Income
5.21
-9.13%
5.74
+35.19%
4.25
+13.50%
3.74
Other Income Expense
-6.13
Tax Provision
0.57
+510.64%
0.09
-56.88%
0.22
-14.17%
0.25
Tax Rate For Calcs
0.00
-8.83%
0.00
-63.96%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
+100.00%
-1.29
Net Income Including Noncontrolling Interests
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Net Income From Continuing Operation Net Minority Interest
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Net Income From Continuing And Discontinued Operation
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Net Income Continuous Operations
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Normalized Income
7.79
+578.83%
1.15
+105.98%
-19.18
+74.36%
-74.83
Net Income Common Stockholders
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Diluted EPS
0.01
+108.33%
-0.12
+76.47%
-0.51
Basic EPS
0.01
+108.33%
-0.12
+76.47%
-0.51
Basic Average Shares
168.91
+2.34%
165.04
+5.20%
156.89
Diluted Average Shares
176.50
+6.94%
165.04
+5.20%
156.89
Diluted NI Availto Com Stockholders
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Depreciation Amortization Depletion Income Statement
2.88
+234.69%
0.86
-33.15%
1.28
Depreciation And Amortization In Income Statement
2.88
+234.69%
0.86
-33.15%
1.28
Total Other Finance Cost
-5.21
+9.13%
-5.74
-35.19%
-4.25
-13.50%
-3.74
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
134.86
-2.75%
138.68
-2.49%
142.22
-8.98%
156.25
Current Assets
111.06
-14.69%
130.18
-6.88%
139.80
-8.36%
152.56
Cash Cash Equivalents And Short Term Investments
92.59
-21.41%
117.81
-4.92%
123.91
-10.56%
138.54
Cash And Cash Equivalents
37.35
-51.30%
76.69
-38.11%
123.91
-10.56%
138.54
Cash Equivalents
36.29
-52.11%
75.78
-38.30%
122.83
Cash Financial
1.06
+16.25%
0.91
-15.49%
1.08
Other Short Term Investments
55.23
+34.33%
41.12
0.00
Receivables
16.06
+66.56%
9.64
-5.22%
10.17
+5.54%
9.64
Accounts Receivable
16.06
+66.56%
9.64
-5.22%
10.17
+5.54%
9.64
Gross Accounts Receivable
Allowance For Doubtful Accounts Receivable
Other Current Assets
2.42
-11.51%
2.73
-52.27%
5.72
+30.79%
4.37
Total Non Current Assets
23.80
+180.18%
8.49
+250.89%
2.42
-34.51%
3.70
Net PPE
15.79
+152.34%
6.26
+1893.31%
0.31
-53.62%
0.68
Gross PPE
18.89
+155.91%
7.38
+514.14%
1.20
+77.55%
0.68
Accumulated Depreciation
-3.10
-175.78%
-1.12
-26.46%
-0.89
-38.32%
-0.64
Machinery Furniture Equipment
18.75
+158.83%
7.24
+520.65%
1.17
+72.38%
0.68
Other Properties
0.14
+3.60%
0.14
+297.14%
0.04
Goodwill And Other Intangible Assets
3.32
0.00
-100.00%
1.79
-29.38%
2.53
Goodwill
3.32
0.00
0.00
Other Intangible Assets
1.34
-25.03%
1.79
-29.38%
2.53
Non Current Deferred Assets
Other Non Current Assets
4.69
+109.70%
2.24
+596.57%
0.32
-34.62%
0.49
Total Liabilities Net Minority Interest
17.85
-16.14%
21.28
-9.73%
23.57
-17.91%
28.72
Current Liabilities
17.40
-8.55%
19.02
-12.13%
21.65
-20.76%
27.32
Payables And Accrued Expenses
8.92
+3.43%
8.62
+4.36%
8.26
-44.02%
14.76
Payables
8.50
+10.26%
7.71
+26.17%
6.11
-5.42%
6.46
Accounts Payable
8.50
+10.26%
7.71
+26.17%
6.11
-5.42%
6.46
Current Accrued Expenses
0.42
-54.28%
0.91
-57.60%
2.15
-74.08%
8.30
Pensionand Other Post Retirement Benefit Plans Current
4.66
-9.51%
5.14
-29.23%
7.27
+37.41%
5.29
Current Deferred Liabilities
2.22
-32.27%
3.28
+6.94%
3.07
-29.53%
4.36
Current Deferred Revenue
2.22
-32.27%
3.28
+6.94%
3.07
-29.53%
4.36
Other Current Liabilities
1.60
-18.99%
1.98
-35.20%
3.05
+4.63%
2.91
Total Non Current Liabilities Net Minority Interest
0.45
-79.99%
2.26
+17.23%
1.93
+37.64%
1.40
Other Non Current Liabilities
0.45
-79.99%
2.26
+2557.65%
0.09
-81.56%
0.46
Preferred Securities Outside Stock Equity
Stockholders Equity
117.02
-0.32%
117.39
-1.05%
118.65
-6.97%
127.54
Common Stock Equity
117.02
-0.32%
117.39
-1.05%
118.65
-6.97%
127.54
Capital Stock
0.02
+0.00%
0.02
+6.25%
0.02
+0.00%
0.02
Common Stock
0.02
+0.00%
0.02
+6.25%
0.02
+0.00%
0.02
Share Issued
166.72
-1.26%
168.85
+0.25%
168.43
+4.51%
161.16
Ordinary Shares Number
166.72
-1.26%
168.85
+0.25%
168.43
+4.51%
161.16
Additional Paid In Capital
378.38
-2.13%
386.61
-0.62%
389.01
+2.72%
378.72
Retained Earnings
-261.44
+2.89%
-269.24
+0.42%
-270.38
-7.64%
-251.20
Gains Losses Not Affecting Retained Earnings
0.06
+2750.00%
0.00
0.00
Other Equity Adjustments
0.06
+2750.00%
0.00
Total Equity Gross Minority Interest
117.02
-0.32%
117.39
-1.05%
118.65
-6.97%
127.54
Total Capitalization
117.02
-0.32%
117.39
-1.05%
118.65
-6.97%
127.54
Working Capital
93.67
-15.74%
111.16
-5.92%
118.15
-5.66%
125.24
Invested Capital
117.02
-0.32%
117.39
-1.05%
118.65
-6.97%
127.54
Net Tangible Assets
113.70
-3.15%
117.39
+0.46%
116.86
-6.52%
125.01
Tangible Book Value
113.70
-3.15%
117.39
+0.46%
116.86
-6.52%
125.01
Derivative Product Liabilities
1.69
-8.25%
1.84
+96.17%
0.94
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
8.53
-24.39%
11.29
+168.85%
-16.39
+73.16%
-61.08
Cash Flow From Continuing Operating Activities
8.53
-24.39%
11.29
+168.85%
-16.39
+73.16%
-61.08
Net Income From Continuing Operations
7.79
+578.83%
1.15
+105.98%
-19.18
+75.92%
-79.67
Depreciation Amortization Depletion
2.88
+234.69%
0.86
-28.18%
1.20
-11.86%
1.36
Depreciation And Amortization
2.88
+234.69%
0.86
-28.18%
1.20
-11.86%
1.36
Other Non Cash Items
-0.18
+15.98%
-0.22
-41.29%
-0.15
-251.96%
0.10
Stock Based Compensation
8.45
-7.94%
9.17
+9.27%
8.39
-30.71%
12.12
Asset Impairment Charge
0.00
0.00
-100.00%
6.13
Operating Gains Losses
-1.49
-880.92%
-0.15
-116.83%
0.90
+128.84%
-3.13
Gain Loss On Investment Securities
-1.49
-880.92%
-0.15
-116.83%
0.90
+128.84%
-3.13
Change In Working Capital
-8.05
-999.22%
0.90
+111.85%
-7.55
-474.32%
2.02
Change In Receivables
-6.42
-1308.66%
0.53
+199.44%
-0.53
+87.06%
-4.13
Changes In Account Receivables
-6.42
-1308.66%
0.53
+199.44%
-0.53
+87.06%
-4.13
Change In Payables And Accrued Expense
-0.85
+69.94%
-2.84
+35.26%
-4.38
-212.58%
3.89
Change In Accrued Expense
-1.64
+62.95%
-4.44
-9.99%
-4.03
-182.97%
4.86
Change In Payable
0.79
-50.53%
1.60
+556.86%
-0.35
+63.84%
-0.97
Change In Account Payable
0.79
-50.53%
1.60
+556.86%
-0.35
+63.84%
-0.97
Change In Other Working Capital
-1.18
-654.93%
0.21
+116.56%
-1.29
+54.57%
-2.83
Change In Other Current Assets
0.41
-86.45%
2.99
+322.07%
-1.35
-126.50%
5.08
Change In Other Current Liabilities
0.10
Investing Cash Flow
-28.88
+37.65%
-46.31
-32747.52%
-0.14
+55.52%
-0.32
Cash Flow From Continuing Investing Activities
-28.88
+37.65%
-46.31
-32747.52%
-0.14
+55.52%
-0.32
Net PPE Purchase And Sale
-0.14
+55.52%
-0.32
Purchase Of PPE
-0.15
+56.86%
-0.35
Sale Of PPE
0.01
-69.70%
0.03
Capital Expenditure
-10.64
-95.50%
-5.44
-3504.64%
-0.15
+56.86%
-0.35
Capital Expenditure Reported
-10.64
-95.50%
-5.44
0.00
0.00
Net Investment Purchase And Sale
-13.26
+67.42%
-40.70
0.00
0.00
Purchase Of Investment
-49.34
-21.24%
-40.70
0.00
0.00
Sale Of Investment
36.08
0.00
0.00
Net Business Purchase And Sale
-4.90
0.00
0.00
0.00
Purchase Of Business
-4.90
0.00
0.00
0.00
Net Intangibles Purchase And Sale
0.00
Purchase Of Intangibles
0.00
Net Other Investing Changes
-0.07
+57.89%
-0.17
-21.28%
-0.14
+55.52%
-0.32
Financing Cash Flow
-19.00
-55.87%
-12.19
-742.49%
1.90
+12.72%
1.68
Cash Flow From Continuing Financing Activities
-19.00
-55.87%
-12.19
-742.49%
1.90
+12.72%
1.68
Net Issuance Payments Of Debt
0.00
0.00
Issuance Of Debt
0.00
0.00
Repayment Of Debt
0.00
0.00
Long Term Debt Issuance
0.00
0.00
Long Term Debt Payments
0.00
0.00
Net Long Term Debt Issuance
0.00
0.00
Net Common Stock Issuance
-17.20
-56.35%
-11.00
0.00
0.00
Common Stock Payments
-17.20
-56.35%
-11.00
0.00
0.00
Repurchase Of Capital Stock
-17.20
-56.35%
-11.00
0.00
0.00
Proceeds From Stock Option Exercised
0.91
-54.58%
2.01
-25.75%
2.71
-14.90%
3.18
Net Other Financing Charges
-2.71
+15.27%
-3.19
-294.44%
-0.81
+45.93%
-1.50
Changes In Cash
-39.34
+16.68%
-47.22
-222.58%
-14.64
+75.49%
-59.71
Beginning Cash Position
76.69
-38.11%
123.91
-10.56%
138.54
-30.12%
198.26
End Cash Position
37.35
-51.30%
76.69
-38.11%
123.91
-10.56%
138.54
Free Cash Flow
-2.11
-136.05%
5.84
+135.65%
-16.39
+73.16%
-61.08
Interest Paid Supplemental Data
0.00
0.00
-100.00%
0.07
Income Tax Paid Supplemental Data
0.42
+334.38%
0.10
-56.16%
0.22
+79.51%
0.12
Amortization Of Securities
-0.86
-105.28%
-0.42
0.00
Issuance Of Capital Stock
Net Preferred Stock Issuance
Preferred Stock Issuance
SEC Filings

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

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