Teladoc Health sinks after Q2 revenue miss

Teladoc Health

30/07/2026 10:30

** Shares of telehealth firm Teladoc Health TDOC.N fall over 19% to $7.36 in premarket trading
** Co posts Q2 revenue of $606.93 mln, missing Wall Street estimates of $615.39 mln
** TDOC now expects revenue of its BetterHelp mental health segment, to decline 13% to 19% in 2026
** Co anticipates 3Q revenue between $569 mln and $609 mln
** TDOC says accelerated decline in BetterHelp cash pay revenue weighed on overall results
** Six of 25 brokerages rate the stock "buy" or higher, 19 "hold"; their median PT is $8
** Up to last close, stock was up 31.1% YTD 

 (Reporting by Sudeshna Ghoshal in Bengaluru)
 ((Sudeshna.Ghoshal@thomsonreuters.com;))