Teladoc Inc (TDOC) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Teladoc Inc stock $23.00, price $8.77, upside +162.3%, quality 57 out of 100. Rating: strongly undervalued. Calculated from audited financials with 10 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range $4.47 – $154.29 · fair‑value band $14.96 – $38.73 · the $8.77 price screens below the $23.00 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Teladoc Health, Inc. provides virtual healthcare services worldwide. It operates through Teladoc Health Integrated Care and BetterHelp segments.
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The Integrated Care segment offers virtual medical services, including general medical, expert medical services, specialty medical, chronic condition management, and mental health services, as well as technologies and enterprise telehealth solutions for hospitals and health systems.
Its BetterHelp segment operates a mental health platform that provides online counselling and therapy services through websites, mobile applications, phones, and text-based interactions by its licensed clinicians. The company offers its products and services under the Teladoc and BetterHelp brands.
It serves employers, health plans, hospitals and health systems, insurance companies, and financial services companies, as well as individual members. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018.
Teladoc Health, Inc. was incorporated in 2002 and is headquartered in New York, New York.
Stock analysis
Teladoc Inc (TDOC) currently trades at $8.77, while our model-based Fair Value estimate is $23.00, implying the stock looks roughly 62% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of $26.70 per share, and 9 of the 10 models we run sit above the $8.77 price.
Bear case: the Multiples group reads lowest at $12.65, and 1 of the 10 models stay below the price. Data coverage for this calculation is medium.
Scenario range: $14.96 (bear) to $38.73 (bull), the price of $8.77 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 57/100 (solid quality), in the Healthcare sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Teladoc Inc reported revenue of $2.5B in FY2025 versus $2.0B in FY2021, a compound +5.6%/yr. Reported net income was −$200M in FY2025.
Key figures
Market cap $1.6B Small · P/S ratio 0.50 · EPS (TTM) $−0.9900 · Net margin −7.1% · Return on equity −13.0% · Return on assets (EBIT) −65.1% (5-year average) · Operating margin −5.7% · Revenue (TTM) $2.5B.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 12 out of 100 (medium confidence).
What moves the price
The share trades about 10% below its 52-week high and 96% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at 3% fair-value upside, at 162%, TDOC screens cheaper than that median.
Fair Value models
Bear$14.96Fair Value $23.00Bull$38.73
Price $8.77 · Upside +162.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
In the last 6 months, 6 officers or directors sold shares worth $1.1M and none bought.
SaleJoseph Ronald CatapanoChief Accounting Officer7× since Jan 5, 2026: 4,632 shares, avg. $6.31$29,232Oct 2, 2026
SaleCharles Divita IIICHIEF EXECUTIVE OFFICER, Director7× since Dec 11, 2025: 168,352 shares, avg. $6.15$1.0MSep 11, 2026
SaleFernando M. RodriguesPresident of BetterHelp5× since Dec 2, 2025: 78,433 shares, avg. $5.99$469,636Sep 3, 2026
SaleAdam C VandervoortCHIEF LEGAL OFFICER, SECRETARY4× since Dec 2, 2025: 48,282 shares, avg. $6.00$289,540Sep 2, 2026
SaleKelly BlissPresident, U.S. Group Health7× since Dec 2, 2025: 53,765 shares, avg. $6.38$343,192Sep 2, 2026
SaleCarlos NuenoPresident, International4× since Dec 2, 2025: 36,458 shares, avg. $6.00$218,769Sep 2, 2026
BuyKenneth H PaulusDirector10,000 shares at $6.94$69,400Nov 14, 202510b5-1 plan
Plus 19 other filings such as grants, option exercises or tax withholding. They are not market purchases or sales.
Sales are often planned (taxes, diversification, 10b5-1 plans). Purchases with their own money are seen as the stronger sign. For information only: not part of the quality score or Fair Value.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−1.5%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+18.3%
Start year 2020 (pandemic). Over 10 years: +41.7% a year
Revenue growth 12 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+49.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−46.3% (2020) → −10.4% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+0.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−1.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (USA: IMF forecast 2.4% a year to 2030, 3.1% from 2016 to 2025) that is about −1.5% a year for the price and −3.5% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (93 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Hype
Recent news coverage is unusually upbeat, far more positive than stocks are typically covered.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Health Information Services · 117 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside+162.3% · Top 25%
Profitability
Return on assets−6.5% · Below median
Net margin (12 months)−7.1% · Below median
Operating margin (12 months)−5.7% · Below median
Growth and dividend
Revenue growth (quarter YoY)−4.0% · Bottom 25%
Balance sheet
Debt / equity0.72× · Highest 25%
Valuation Multiplesvs Health Information Services median · lower = cheaper
P/B1.14× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Teladoc Inc Fair Value". https://www.fairvalue-calculator.com/stock/TDOC
Frequently asked questions
Is Teladoc Inc (TDOC) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of $23.00 versus a price of $8.77, about +162% upside (undervalued).
What is the fair value of TDOC?
Our model-based fair value for Teladoc Inc is $23.00 (as of Nov 8, 2026), built from audited fundamentals. The current price: $8.77.
What is the quality score of TDOC?
Teladoc Inc has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Teladoc Inc (TDOC)?
Our model-based price target is the fair value of $23.00 (as of Nov 8, 2026) from 10 valuation models. Cautious scenario $14.96, optimistic scenario $38.73. It is a calculation from audited fundamentals, not an analyst target.
What is the Teladoc Inc stock forecast for 2026?
Our models put fair value at $23.00, about +162% upside versus a price of $8.77 (undervalued). Cautious scenario $14.96, optimistic scenario $38.73. The calculation is refreshed regularly with new filings.
What is the revenue of Teladoc Inc (TDOC)?
Teladoc Inc reported trailing-twelve-month revenue of about $2.5B (latest available figure, as of Nov 8, 2026).
What growth is priced into Teladoc Inc (TDOC)?
For today's price to be fair in a discounted-cash-flow model, Teladoc Inc would have to grow free cash flow by +0.9 % per year for five years (discount rate 13.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.3 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of TDOC use?
Our models discount Teladoc Inc at 13.7 %: a base by market capitalisation (small), damped by beta 2.14, country premium for USA. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Teladoc Inc that is +0.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.7 %) and the same formula as our fair value.
How much growth has Teladoc Inc (TDOC) delivered so far?
Over the past 5 years revenue at Teladoc Inc grew +18.3 % a year. The price currently implies free-cash-flow growth of +0.9 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Teladoc Inc (TDOC) growing?
The median revenue growth in the sector is +6.2 % a year. That is the yardstick for the growth priced into Teladoc Inc (+0.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Teladoc Inc (TDOC)?
The free-cash-flow yield on the price is 18.08 %: that much free cash flow Teladoc Inc produces per unit of market value. When it exceeds the discount rate of our models (13.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Teladoc Inc (TDOC)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Teladoc Inc it is $23.00 per share (as of Nov 8, 2026), against a price of $8.77. It is the blended result of 10 valuation models in 3 families (DCF Models, Multiples, Growth DCF).
Is Teladoc Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, TDOC trades below its calculated fair value: price $8.77, fair value $23.00, a gap of about +162% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TDOC?
No. The price is what the market pays today ($8.77); the fair value is what the company's own numbers justify ($23.00). For Teladoc Inc the two are $14.23 per share apart. That gap is exactly why we show both numbers side by side.
How much is Teladoc Inc worth?
The market values Teladoc Inc at about $1.6B (market capitalisation, as of Nov 8, 2026). Per share that is $8.77; our models calculate a fair value of $23.00 per share.
What do the bullish and bearish scenarios say about TDOC?
Our models span a range for Teladoc Inc: cautious scenario $14.96, base $23.00, optimistic $38.73 per share (as of Nov 8, 2026, price $8.77). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Teladoc Inc (TDOC)?
Balance-sheet figures for Teladoc Inc (as of Nov 8, 2026): return on equity −13.0%, debt of 0.72 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is TDOC from its 52-week high?
Teladoc Inc trades at $8.77, about 10% below its 52-week high of $9.72 and 96% above the low of $4.47 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $23.00 is for.
Which stocks are comparable to Teladoc Inc?
From the same area (Healthcare) we also value Veeva Systems Inc, Pro Medicus Limited, BrightSpring Health Services, Inc, Hinge Health, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Teladoc Inc stock attractive at the current price?
The data as of Nov 8, 2026: price $8.77, calculated fair value $23.00 (+162%), Quality Score 57/100, from 10 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TDOC calculated?
We run Teladoc Inc through 10 models from 3 families: DCF Models, Multiples, Growth DCF. Every model gets the same audited fundamentals; the fair value of $23.00 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Teladoc Inc currently trades 62% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Teladoc Inc (TDOC)?
The closing price on Nov 6, 2026 was $8.77. Our model-based fair value is $23.00, about +162% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Teladoc Inc right now?
The price is below even our cautious bear case ($14.96). The market is more pessimistic than our downside scenario. Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($14.96 to $38.73) leaves room in how you read the outcome.
Key figures of Teladoc Inc
How large is the market capitalisation of Teladoc Inc (TDOC)?
The market capitalisation of Teladoc Inc is $1.6B. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Teladoc Inc (TDOC)?
The price-to-sales ratio of Teladoc Inc is 0.50 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Teladoc Inc (TDOC)?
Earnings per share at Teladoc Inc are $−0.9900. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Teladoc Inc (TDOC)?
The net margin of Teladoc Inc is −7.1% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Teladoc Inc (TDOC)?
The return on equity (ROE) of Teladoc Inc is −13.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Teladoc Inc (TDOC)?
On an EBIT basis the return on assets of Teladoc Inc is −65.1% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Teladoc Inc (TDOC)?
The operating margin of Teladoc Inc is −5.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Teladoc Inc (TDOC)?
Revenue at Teladoc Inc is growing −4.0% versus a year earlier (3y avg +1.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Teladoc Inc (TDOC) carry?
The net debt of Teladoc Inc is $259M (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026