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How to Buy Talkspace Stock

Talkspace Inc

Talkspace, Inc. operates as a virtual behavior healthcare company. It delivers healthcare through encrypted web and mobile platform.

Talkspace stock last closed at $3.08, up 0.33% from the previous day, and has increased 284.04% in one year. It has overperformed other stocks in the Health Information Services industry by 3.1 percentage points. Talkspace stock is currently +316.22% from its 52-week low of $0.74, and -21.43% from its 52-week high of $3.92.

As of Apr 25, 2024, there are 168.9M shares of TALK outstanding. The market cap of TALK is $520.22M. In the past 24 hours, 911,653 TALK shares were traded.

How to Buy Talkspace Stock

Wondering how to invest in Talkspace stock? Here's how.
  1. Figure out where to buy Talkspace stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Talkspace stock.
  2. Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your payment method and add your details.
  4. Research Talkspace stock: The Talkspace ticker symbol is TALK. Is Talkspace stock a good investment? Should you buy shares of TALK? How do TALK's underlying business fundamentals look? Do top analysts think Talkspace is a good buy? Why has TALK's stock price moved recently? (Hint: Our stock market research tools can help you figure out if TALK is a good stock to buy).
  5. Make your TALK trade: Decide if you will purchase TALK shares at the current market price or use a limit order to buy TALK stock at a particular price.
  6. Get the latest news on your investment in TALK: Create a watchlist to track your position in Talkspace shares.

Step 1: Figure out where to buy Talkspace stock

You will need a brokerage account in order to access the NASDAQ market and buy TALK stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal information so you are able to buy TALK stock today.

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Step 3: Put funds into your brokerage account

Now that you have finished signing up on the best app for stock investing, you need to deposit funds:

Check out this video walkthrough to see the process of depositing money into your new brokerage account.

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Step 4: Research Talkspace stock

Once you have identified the best place to buy Talkspace stock, it's crucial to analyze their stock prior to buying, so you actually wrap your head around the risk and opportunity.

Talkspace stock at a glance

TALK Price
$3.08
1w %
3.7%
1y %
284.04%
5y %
N/A
P/E
-25.67x
P/B
4.38x
P/S
3.39x
PEG
N/A
Revenue
$150.05M
Earnings
-$19.18M
Fore. Rev. Growth
28.43%
Fore. Earn. Growth
N/A
Market Cap
$520.22M
Next Earnings
May 7, 2024
Next Dividend
N/A

Talkspace Fundamentals

WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.

You can see all of the due diligence checks on TALK's stock page.

Is TALK stock undervalued or overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TALK's fair value.

Using relative valuations metrics:

  • TALK may be overvalued based on its P/B ratio of 4.38x, relative to Health Information Services industry P/B ratio of 3.36x

You can access more valuation research on TALK's stock here.

A look at TALK Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than long-term liabilities on the TALK balance sheet.
  • TALK has a low debt to equity ratio of 0.2.
  • TALK has $123.91M in cash and short term investments. This is enough to cover its annual cash burn of $16.53M.
  • There are more short-term assets than short-term liabilities on the TALK balance sheet.
  • TALK has cash burn of 16534000. It has sufficient cash and short-term investments to cover this for at least one year.
  • TALK profit margin has gone up from -66.6% to -12.8% in the past year.

Is it a good time to buy Talkspace stock, according to analysts?

Out of 1 Equities analysts who track TALK, the consensus analyst rating on TALK is a Hold

It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Talkspace stock forecast page.

TALK Technicals

SMA10
3.11
SMA20
3.37
SMA50
3.16
SMA100
2.77
SMA200
2.25
MACD
-0.06
MACD Signal
0
MACD Histogram
-0.06
RSI
42.33
Stochastic %K
17.67
Stochastic %D
18.22
StochRSI %K
22.78
StochRSI %D
22.53

TALK Performance Metrics

Last year, TALK revenue was $150.05M. During the past 4 year, TALK's revenue has gone up by 40.8% per year. This was faster than the Health Information Services industry average of 19.68%.

Dig into TALK's earnings and revenue performance here.

Are TALK executives and large shareholders buying or selling the stock?

In the past 12 months, insiders at TALK have bought more shares than they have sold.

John Charles Reilly, CLO EVP Gov Relat Secretary of TALK, was the latest TALK insider to buy. They bought $37,473.52 worth of TALK shares on Mar 19, 2024.

Learn more about who owns TALK shares here.

Can I get consistent income from TALK stock?

No, Talkspace doesn't provide an income stream by paying out dividends.

What do other investors have to say about TALK?

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your TALK trade

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally the easiest way to buy.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a specific price, use a limit order.

Hit the Open button and your broker will place your order.

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Step 6: Get the latest news on your investment in TALK

Now that you own some TALK shares, you'll want to keep up with your new investment.

Start a watchlist to keep tabs on your TALK stock.

TALK Feed

How to Buy Stock in Talkspace

To reiterate, here are the 6 steps to buy stock in Talkspace:

  1. Figure out where to buy Talkspace stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Research Talkspace stock
  5. Make your TALK trade
  6. Get the latest news on your investment in TALK

If you require a brokerage account, eToro is our favorite option.

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If you want to get the latest scoop on your investment in Talkspace, add TALK to your watchlist by clicking the button below.

NASDAQ: TALK
$3.08+0.01 (+0.33%)
Updated Apr 25, 2024
Open eToro Account
NASDAQ: TALK
$3.08+0.01 (+0.33%)
Updated Apr 25, 2024
Open eToro Account

FAQ

How much does it cost to buy one Talkspace share?

As of Apr 25, 2024, it costs $3.08 to buy one share of Talkspace stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.325 shares of TALK.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Talkspace stock?

According to 1 Wall Street analysts who monitor Talkspace, their consensus recommendation is to hold Talkspace stock.

What is the best way to buy Talkspace stock?

One way to place an order for Talkspace stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.