Stock Track | Teladoc Surges 5% on Upbeat Q3 Results, Analysts Remain Cautious

Stock Track
2024-11-01

Shares of Teladoc Health Inc. (TDOC) soared 5.22% on November 1st, after the telehealth company reported better-than-expected third-quarter earnings results. The stock gained despite analysts' mixed reactions and concerns over Teladoc's revenue outlook.

For the third quarter, Teladoc reported revenue of $641 million, in line with analysts' expectations. However, the company posted a smaller-than-anticipated loss of $0.19 per share, beating estimates and fueling the stock rally.

Following the results, some analysts slightly raised their earnings forecasts for 2025, but maintained a cautious stance on the company's prospects. Deutsche Bank, for instance, lifted its price target on Teladoc to $12 from $10 but kept a "Hold" rating, citing uncertainty over the company's future performance.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10