Teladoc Stock Rises 12% as Jefferies Boosts Price Target on BetterHelp [Yahoo! Finance]
Teladoc Health, Inc. (TDOC)
Last teladoc health, inc. earnings: 4/29 04:05 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.teladoc.com/investors/default.aspx
Company Research
Source: Yahoo! Finance
Improving web traffic for BetterHelp, its mental health platform, was cited as the reason for the price target increase. Jefferies analyst team highlighted a 12% increase in BetterHelp's web traffic in July and August 2024, marking a huge reversal after a year of declines. Jefferies maintained a bullish stance on Teladoc, focusing on the BetterHelp brand's short-term potential while cautioning against aggressive EBITDA estimates. However, despite the optimistic price target, concerns linger around the company's long-term growth trajectory. BetterHelp paying users declined 14.5% year over year in the second quarter of 2024. Higher traffic is expected to benefit TDOC with more sign-ups and conversions, leading to improved performance of the BetterHelp segment. BetterHelp's top line and adjusted EBITDA declined 9% and 26%, respectively, in the second quarter of 2024. TDOC withdrew its full-year 2024 guidance, BetterHelp guidance, and the three-year outlook. These are concerning facto
Show less
Read more
Impact Snapshot
Event Time:
TDOC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TDOC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TDOC alerts
High impacting Teladoc Health, Inc. news events
Weekly update
A roundup of the hottest topics
TDOC
News
- Q2 Earnings Highs And Lows: Teladoc (NYSE:TDOC) Vs The Rest Of The Online Marketplace Stocks [Yahoo! Finance]Yahoo! Finance
- Digital Therapeutics Market Size to Accumulate Around USD 50.2 Billion by 2032, Driven by Rising Demand for Cost-Effective Healthcare and Smartphone Penetration [Yahoo! Finance]Yahoo! Finance
- Why Teladoc Stock Popped by Nearly 12% on Tuesday [Yahoo! Finance]Yahoo! Finance
- Teladoc stock surges after Jefferies raises price target [Yahoo! Finance]Yahoo! Finance
- Teladoc stock surges after Jefferies raises price target [Yahoo! Finance Canada]Yahoo! Finance Canada
TDOC
Earnings
- 7/31/24 - Miss
TDOC
Sec Filings
- 9/16/24 - Form 144
- 9/13/24 - Form 4
- 9/11/24 - Form 3
- TDOC's page on the SEC website