Teladoc Health: Assessing Valuation After Recent Short-Term Share Price Rebound and Exploring Opportunities for Growth

Teladoc Health (TDOC) shares have rebounded slightly after months of decline, with a 4.2% one-day return and 7.4% weekly gain. Despite this, the year-to-date return is -23.8% and the one-year total shareholder return is -39.7%. Analysts expect a turnaround, with a fair value estimate of $9.13 placing the company at a significant discount to its latest close. However, competition and slower membership growth could threaten Teladoc's recovery narrative.