Talkspace (NASDAQ:TALK) Sets New 1-Year High – Here’s What Happened

06 Jul 2026, 20:40 by Mitch Edgeman · The Markets Daily

Shares of Talkspace, Inc. (NASDAQ:TALK – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $5.24 and last traded at $5.2250, with a volume of 3048495 shares. The stock had previously closed at $5.20.

Wall Street Analyst Weigh In

TALK has been the topic of several research analyst reports. Northland Securities cut shares of Talkspace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 10th. William Blair cut Talkspace from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Weiss Ratings lowered Talkspace from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, May 12th. Barclays lowered their price objective on Talkspace from $5.50 to $5.25 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Finally, Needham & Company LLC cut shares of Talkspace from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $5.56.

View Our Latest Stock Report on TALK

Talkspace Stock Up 0.8%

The firm has a market capitalization of $877.77 million, a P/E ratio of 524.52 and a beta of 1.07. The firm has a 50 day moving average of $5.20 and a 200-day moving average of $4.70.

Talkspace (NASDAQ:TALK – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.06). The company had revenue of $61.68 million for the quarter, compared to the consensus estimate of $63.32 million. Talkspace had a return on equity of 1.03% and a net margin of 0.49%. As a group, research analysts expect that Talkspace, Inc. will post 0.13 EPS for the current year.

Insiders Place Their Bets

In other news, insider John Charles Reilly sold 40,289 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $5.20, for a total value of $209,502.80. Following the sale, the insider directly owned 1,017,686 shares in the company, valued at approximately $5,291,967.20. This trade represents a 3.81% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 23.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Talkspace

Several large investors have recently bought and sold shares of TALK. Cerity Partners LLC acquired a new stake in shares of Talkspace during the second quarter valued at about $28,000. Xponance Inc. acquired a new position in shares of Talkspace in the third quarter valued at approximately $31,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Talkspace in the third quarter valued at approximately $35,000. Neuberger Berman Group LLC bought a new position in Talkspace in the 4th quarter valued at approximately $38,000. Finally, Engineers Gate Manager LP bought a new position in Talkspace in the 2nd quarter valued at approximately $39,000. 57.37% of the stock is currently owned by institutional investors.

About Talkspace

(Get Free Report)

Talkspace, Inc (NASDAQ:TALK) is a digital mental health company that provides online therapy and psychiatry services through a secure, cloud-based platform. Headquartered in New York City, Talkspace enables individuals and couples to connect with licensed therapists and psychiatrists via text messaging, live audio, and video sessions. The company’s platform is accessible through web and mobile applications, allowing clients to seek professional support anytime and from any location with an internet connection.