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Strength Seen in Teladoc (TDOC): Can Its 6.3% Jump Turn into More Strength?

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Teladoc (TDOC - Free Report) shares ended the last trading session 6.3% higher at $9.01. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 11.1% gain over the past four weeks.

According to multiple sources, Teladoc witnessed a strong price rise after Citron Research reiterated its bullish stance on Teladoc in a social media post. The renewed confidence was fueled by strong performance in Teladoc’s chronic care division, Livongo, with a recent Bank of America report showing a 55% year-over-year jump in usage - the platform’s sharpest growth since January 2025. 

This telehealth services provider is expected to post quarterly loss of $0.26 per share in its upcoming report, which represents a year-over-year change of -36.8%. Revenues are expected to be $625.56 million, down 2.3% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Teladoc, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on TDOC going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Teladoc is a member of the Zacks Medical Services industry. One other stock in the same industry, Strata Critical Medical, Inc. (SRTA - Free Report) , finished the last trading session 3.4% higher at $5.41. SRTA has returned 25.1% over the past month.

For Strata Critical Medical, Inc., the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $0. This represents a change of +100% from what the company reported a year ago. Strata Critical Medical, Inc. currently has a Zacks Rank of #3 (Hold).


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