TALKSPACE INC (TALK)
Health Care · Virtual behavioral health / telehealth · NASDAQ
A leading virtual behavioral healthcare platform connecting members with 5,700+ licensed therapists and psychiatrists for affordable, convenient mental health treatment via message-based and live sessions.
What TALKSPACE INC does
Talkspace is a virtual behavioral healthcare platform that delivers mental health services including psychotherapy, psychiatry, medication management, and self-guided tools through a HIPAA-compliant, fully-encrypted web and mobile platform. The company connects members with a network of 5,700+ licensed providers across all 50 U.S. states and operates through three customer segments: health insurance payors, direct-to-enterprise corporate clients, and individual consumers. Talkspace pioneered message-based therapy and has grown to serve customers across commercial insurance, government programs, employee assistance programs, and employer-sponsored benefits.
Themes: ["Telehealth / virtual mental health","Behavioral health / psychiatry","Digital health platforms","Employer mental health benefits","Insurance-covered healthcare access"]
Fundamentals
- Price$5.22 as of 2026-07-09 close
- Market cap$874M as of 2026-07-10
- 1-year return+91.2% as of 2026-07-09 close
- P/E748.00 as of 2026-07-10
- Net margin+0.5% as of 2026-07-10
- Gross margin+42.2% as of 2026-07-10
- ROE+1.0% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+22.6% as of 2026-07-10
- Revenue CAGR (3y)+24.2% SEC XBRL
- Beta1.14 as of 2026-07-10
Key risks (from latest filing)
["Dependence on payor reimbursement rates and insurance plan partnerships for revenue, which could be adversely affected by changes in healthcare policy or insurance economics","Pending merger with Universal Health Services (agreement at $5.25/share signed March 9, 2026) creates execution risk and uncertainty around timing and regulatory approvals","Regulatory and compliance risks related to telehealth, controlled substance prescribing restrictions under the DEA Ryan Haight Act, and state-by-state licensing requirements for mental health providers"]
Competitors & peers
- BetterHelp (Teladoc Health subsidiary)
- MDLive (Acquired by CVS)
- Ginger (Headspace Health subsidiary)
- Mindstrong
- Spring Health
- Lyra Health
- Woebot Health
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.