logo
BofA Remains a Hold on Teladoc Health (TDOC), Sets a PT of $8.75

BofA Remains a Hold on Teladoc Health (TDOC), Sets a PT of $8.75

Yahoo11-07-2025
Teladoc Health, Inc. (NYSE:TDOC) is one of the 13 Best Healthcare Stocks to Buy Under $10. Bank of America Securities analyst Allen Lutz reiterated a Hold rating on Teladoc Health, Inc. (NYSE:TDOC) on July 3 with a price target of $8.75, justifying it with the company's current and future performance.
A doctor wearing a face mask and lab coat providing remote medical advice via video chat.
The analyst reasoned that Teladoc Health, Inc. (NYSE:TDOC) is experiencing a growth slowdown, especially in its Livongo and BetterHelp segments, which underwent a drop in app downloads and monthly active users. Lutz attributed this deceleration to a rise in customer acquisition costs and a cautious consumer spending environment.
However, the analyst also acknowledged that Teladoc Health, Inc.'s (NYSE:TDOC) recent acquisitions, Catapult and Uplift, are paving the way for future revenue growth despite these challenges.
Lutz further stated that these initiatives are in their early stages and would require time to materialize. Similarly, other strategic initiatives, such as international expansion and insurance coverage, will also take time to make an impact, according to the analyst, supporting the cautious near-term outlook and potential for long-term growth.
Teladoc Health, Inc. (NYSE:TDOC) provides virtual healthcare services and operates through two segments: BetterHelp and Teladoc Health Integrated Care. The BetterHelp sector covers its direct-to-consumer (D2C) mental health platform.
Teladoc Health Integrated Care comprises a range of global virtual medical services, including specialty medical, expert medical services, general medical, mental health, chronic condition management, and more.
While we acknowledge the potential of TDOC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.
Disclosure: None. This article is originally published at Insider Monkey.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

US economy grows at 3% in Q2, rebounding from first pullback in 3 years
US economy grows at 3% in Q2, rebounding from first pullback in 3 years

Yahoo

time21 minutes ago

  • Yahoo

US economy grows at 3% in Q2, rebounding from first pullback in 3 years

US economic growth rebounded in the second quarter after contracting for the first time in three years to start 2025. Gross domestic product grew at annualized pace of 3% in the second quarter, according to the Bureau of Economic Analysis' advance estimate. Economists surveyed by Bloomberg had expected a 2.6% increase. The reading comes after a large surge in imports ahead of President Trump's tariff whipsaw caused GDP to contract by 0.5% in the first quarter. Wednesday's GDP data covers the months of April through June, meaning it reflects activity during first three months that the widest swath of Trump's tariffs were in place. It does not, however, reflect recent tariff updates from July. Investors have been closely watching how the most aggressive US tariff stance in a century will impact economic growth. In April, Trump's initial "Liberation Day" tariffs spooked markets as recession fears rose. But in recent months, economic data has largely been better-than-feared and recession concerns have eased. The probability investors were putting on a US recession in 2025, as tracked by popular online betting platform Polymarket, were just 17%, down from a peak of 66% on May 1. Josh Schafer is a reporter for Yahoo Finance. Follow him on X @_joshschafer. Sign in to access your portfolio

Carrier Global (CARR) Declines 10.6% on Earnings Drop
Carrier Global (CARR) Declines 10.6% on Earnings Drop

Yahoo

time21 minutes ago

  • Yahoo

Carrier Global (CARR) Declines 10.6% on Earnings Drop

We recently published . Carrier Global Corporation (NYSE:CARR) is one of the worst-performing stocks on Tuesday. Carrier Global declined by 10.61 percent on Tuesday to close at $71.67 apiece as investors soured on the company's dismal earnings performance in the second quarter of the year. During the period, Carrier Global Corporation (NYSE:CARR) said net income attributable to shareholders fell by 75 percent to $591 million from $2.337 billion in the same period last year, while total net sales inched up by 3 percent to $6.113 billion from $5.934 billion in the same period last year. Copyright: alexmit / 123RF Stock Photo In the first six months of the year, net income attributable to shareholders declined by 61 percent to $1 billion from $2.6 billion year-on-year. Total net sales ended flat at $11.3 billion. Despite the figures, Carrier Global Corporation (NYSE:CARR) maintained its full-year guidance of around $23 billion in sales, adjusted operating margin of 16.5-17 percent, as well as adjusted earnings per share of $3 to $3.10, or a year-on-year growth of 17-21 percent. While we acknowledge the potential of CARR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Spotify (SPOT) Tumbles 11.55% as Earnings Disappoint
Spotify (SPOT) Tumbles 11.55% as Earnings Disappoint

Yahoo

time21 minutes ago

  • Yahoo

Spotify (SPOT) Tumbles 11.55% as Earnings Disappoint

We recently published . Spotify Technology S.A. (NYSE:SPOT) is one of the worst-performing stocks on Tuesday. Spotify Technology snapped a three-day winning streak on Tuesday, shedding 11.55 percent to close at $620.01 apiece as investors sold off positions following a disappointing earnings performance in the first half of the year. In a statement, Spotify Technology S.A. (NYSE:SPOT) said it swung to an attributable net loss of 86 million euros from a net income of 274 million euros in the same period last year, despite revenues increasing by 10 percent to 4.19 billion euros from 3.8 billion euros year-on-year. Photo by Norbert Buduczki on Unsplash Heading into the third quarter, Spotify Technology S.A. (NYSE:SPOT) expects revenues to end at 4.2 billion euros, assuming a 490-basis point headwind to year-on-year growth due to foreign exchange movements. However, it expects total premium subscribers to increase by 5 million to end at 281 million. 'People come to Spotify and they stay on Spotify. By constantly evolving, we create more and more value for the almost 700 million people using our platform,' said Spotify Technology S.A. (NYSE:SPOT) founder and CEO Daniel Ek. 'This value not only benefits users but it's attracting more people to streaming and as a result, it's also boosted the industries of music, podcasts, and audiobooks.' While we acknowledge the potential of SPOT as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store