Added to YB: 2024-10-02
Pitch date: 2024-10-02
TALK [bullish]
Talkspace, Inc.
+125.97%
current return
Author Info
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Company Info
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.
Market Cap
$874.4M
Pitch Price
$2.31
Price Target
4.22 (-19%)
Dividend
N/A
EV/EBITDA
97.12
P/E
-16.3K
EV/Sales
3.32
Sector
Health Care Providers and Services
Category
growth
Talkspace (TALK) Eyes 100% Upside Amid Strong Medicare Rollout and Projected 2025 Growth
TALK: Medicare rollout to boost insurance coverage to 200M. Q2 insurance rev +62%, employer +20%, DTC -28%. 2025 rev $273M (+40% vs 20% consensus), EBITDA $36M (2x consensus). 90% FCF conversion, $115M net cash. CFO buying, buyback upsized. EV/FCF 7.5x 2025, 5x 2026, 3x 2027. Asymmetric at $2.
Read full article (1 min)