Babylon and Teladoc, two of the world’s largest telehealth providers, have grown exponentially over the past few years, with Teladoc doubling its revenue and Babylon quadrupling its revenue in 2021. Q1 results show a continuation of this trend. Yet both group’s share prices have fallen around 90% over the past two years. We explore whether the market is right to be betting against these two expanding giants.
May 13, 2022