Professional
Added to YB: 2024-10-07
Pitch date: 2024-10-04
TALK [bullish]
Talkspace, Inc.
+3.64%
current return
Author Info
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Company Info
Talkspace, Inc. operates as a virtual behavioral healthcare company in the United States. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs.
Market Cap
$430.6M
Pitch Price
$2.47
Price Target
N/A
Dividend
N/A
Sector
Health Care Providers and Services
Category
turnaround
Talkspace (TALK) Positioned for a Comeback: Strong Balance Sheet and $25M Buyback Signal Confidence in Future Growth
TALK: Online mental health provider, busted de-SPAC w/ inflecting earnings. Potential mid-high teens EBITDA next yr at 15-20x EV/EBITDA, 50-100% YoY growth. 30% mkt cap in net cash, declining burn. $25M buyback approved. Solid balance sheet supports turnaround potential.
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