• Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
Stock

Teladoc stock forms a giant double bottom: will it rise after earnings?

by April 29, 2025
by April 29, 2025

Teladoc Health stock price continues to crash and is hovering at its lowest level on record ahead of its first-quarter earnings. It was trading at $7.16 on Monday, meaning that it has crashed by 21% this year and 46% in the last 12 months. This article explores why the TDOC share price has imploded and what to expect in the coming weeks.

Why Teladoc Health stock price crashed

Teladoc Health is an American company at the intersection of health and technology. It is the biggest player in the telehealth industry, helping customers communicate and receive advice from doctors from across the country. 

The company’s business boomed during the COVID-19 pandemic as many patients embraced telehealth. This growth pushed its stock to a record high and its market capitalization to over $46 billion. 

Teladoc leveraged this growth to expand its business through strategic acquisitions. It paid over $18.5 billion to acquire Livongo Health, a similar company that focuses on the diabetes sector. This acquisition did not work ou, and the company took a large charge on it. It made a $13.4 billion goodwill impairment, a sign that Livongo’s valuation was not as expected. 

Teladoc Health’s performance is in line with other top companies that boomed during the pandemic and then lost momentum when it ended. Other notable companies include PayPal, Zoom Video, Etsy, and Wayfair.

Read more: Teladoc (TDOC) stock price analysis and the fall from grace

After seeing strong growth at the time, Teladoc’s business has stalled. Its revenue doubled from $1 billion in 2020 to $2.03 billion in 2021. It then peaked at $2.6 billion in 2023 and recoiled to $2.56 billion last year. 

Analysts are not optimistic about Teladoc as demand for telehealth services wanes. Their average revenue estimates for 2025 and 2026 are $2.52 billion and $2.51 billion. The company’s guided range for its revenue is between $2.468 billion and $2.57 billion.

TDOC earnings ahead

The most recent financial results showed that its business deteriorated in the fourth quarter. Its revenue dropped by 3% to $640 million, while the adjusted EBITDA plunged to $74.8 million from $114.4 million in the same quarter a year earlier. 

Most of the weakness came from the BetterHelp segment, whose revenue dropped to $250 million from $276 million a year earlier. The integrated care segment’s revenue rose slightly to $391 million. 

Analysts are pessimistic about Teladoc’s business, with the average revenue estimate at $619 million, a 4.16% decrease from the same period last year. They expect that its net loss per share will improve from 43 cents to 36 cents.

The only positive on Teladoc is that its balance sheet is still strong as the company ended the quarter with over $1.2 billion in cash and short-term investments. This cash balance matches with its current market cap.

Teladoc stock technical analysis and potential scenarios

TDOC stock chart | Source: TradingView

The daily chart shows that the TDOC share price has crashed in the past few months. It peaked at $15.20 in March and then retreated to a low of $6.5 as recession odds rose in the United States.

The stock has formed a giant double-bottom pattern at $6.77 since this price was also the lowest level in August last year. Its neckline is at $15.19, up by 124% from the current level. 

The Teladoc share price remains below all moving averages. Therefore, while TDOC is risky, there is a likelihood that it will bounce back and possibly retest the important resistance level at $8.77, up by 23% from the current level. The other scenario is where its results are so bad such that the stock crashes and retests the year-to-date low of 

Read more: Teladoc Health stock: extremely oversold, rebound likely

The post Teladoc stock forms a giant double bottom: will it rise after earnings? appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Spotify stock may offer buying opportunity after Q1 results, says analyst
next post
Europe markets open: stocks edge higher; auto sector drags on Volvo, Porsche warnings

Related Posts

Trump gives ’50-50 chance’ for EU trade deal...

July 27, 2025

Japan’s $550B investment could back Taiwan chip plants...

July 27, 2025

Musk hints at budget Model Y, but analysts...

July 27, 2025

From $824 to over $1,300: how soaring rents...

July 27, 2025

Top 3 catalysts for the VOO ETF stock...

July 27, 2025

Top catalysts for the Nikkei 225 Index this...

July 27, 2025

GO Residential REIT drops on debut after oversubscribed...

July 26, 2025

Meta to halt political ads in EU from...

July 26, 2025

Here’s why the Coursera stock price has surged...

July 26, 2025

What is Lip-Bu Tan doing for Intel stock...

July 26, 2025

Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.

By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

Recent Posts

  • Trump gives ’50-50 chance’ for EU trade deal as leaders prepare for Sunday meeting

    July 27, 2025
  • Japan’s $550B investment could back Taiwan chip plants in US, says trade official

    July 27, 2025
  • Musk hints at budget Model Y, but analysts doubt its impact on Tesla’s sales downturn

    July 27, 2025
  • From $824 to over $1,300: how soaring rents are consuming American paychecks

    July 27, 2025
  • Top 3 catalysts for the VOO ETF stock this week

    July 27, 2025
  • Top catalysts for the Nikkei 225 Index this week

    July 27, 2025

Editors’ Picks

  • 1

    Meta executives eligible for 200% salary bonus under new pay structure

    February 21, 2025
  • 2

    Walmart earnings preview: What to expect before Thursday’s opening bell

    February 20, 2025
  • 3

    New FBI leader Kash Patel tapped to run ATF as acting director

    February 23, 2025
  • 4

    Anthropic’s newly released Claude 3.7 Sonnet can ‘think’ as long as the user wants before giving an answer

    February 25, 2025
  • 5

    Nvidia’s investment in SoundHound wasn’t all that significant after all

    March 1, 2025
  • 6

    Elon Musk says federal employees must fill out productivity reports or resign

    February 23, 2025
  • 7

    Cramer reveals a sub-sector of technology that can withstand Trump tariffs

    March 1, 2025

Categories

  • Economy (1,969)
  • Editor's Pick (192)
  • Investing (185)
  • Stock (1,313)
  • About us
  • Contact us
  • Privacy Policy
  • Terms & Conditions

Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Portfolio Performance Today
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Copyright © 2025 Portfolioperformancetoday.com All Rights Reserved.

Read alsox

Israel attack on Iran sends travel stocks...

June 14, 2025

FTSE 100 shares to watch: Aviva, National...

May 9, 2025

IAG share price forecast as transatlantic demand...

June 2, 2025