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NASDAQ:TWKS

Thoughtworks (TWKS) Stock Price, News & Analysis

$2.92
-0.07 (-2.34%)
(As of 05/24/2024 08:50 PM ET)
Today's Range
$2.90
$3.17
50-Day Range
$2.25
$3.22
52-Week Range
$2.19
$8.31
Volume
647,500 shs
Average Volume
796,909 shs
Market Capitalization
$942.91 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.94

Thoughtworks MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
69.2% Upside
$4.94 Price Target
Short Interest
Bearish
3.68% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.07mentions of Thoughtworks in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.04) to $0.07 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.52 out of 5 stars

Business Services Sector

175th out of 309 stocks

Custom Computer Programming Services Industry

14th out of 25 stocks

TWKS stock logo

About Thoughtworks Stock (NASDAQ:TWKS)

Thoughtworks Holding, Inc. provides technology consultancy services in North America, the Asia Pacific, Europe, and Latin America. The company's consultancy services integrate strategy, design, and software engineering to enable enterprises and technology disruptors to thrive as modern digital businesses. It offers enterprise modernization, platforms, and cloud services, including modernization strategy and execution, digital platform strategy and engineering organization transformation, cloud modernization, cloud-native application support and evolution, and platform assessment and remediation; and customer experience, product, and design services comprising idea to market, customer experience strategy, product management transformation, and product design and delivery. The company also provides data and artificial intelligence services, such as data strategy, intelligent products, data platforms and data mesh, continuous delivery for machine learning, and data governance; digital transformation and operations services, which include delivery transformation, digital fluency, organization transformation, value-driven portfolio management, technology strategy, executive advisory, and digital foundations training; and DAMO managed services. It serves its clients in various industry verticals, including technology and business services; energy, public, and health services; retail and consumer; financial services and insurance; and automotive, travel, and transportation. The company was incorporated in 1993 and is headquartered in Chicago, Illinois.

TWKS Stock Price History

TWKS Stock News Headlines

Expert Outlook: Thoughtworks Holding Through The Eyes Of 4 Analysts
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Company Calendar

Last Earnings
5/07/2024
Today
5/26/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:TWKS
Fax
N/A
Employees
10,500
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.94
High Stock Price Target
$6.00
Low Stock Price Target
$3.25
Potential Upside/Downside
+69.2%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
8 Analysts

Profitability

Net Income
$-68,660,000.00
Pretax Margin
-6.85%

Debt

Sales & Book Value

Annual Sales
$1.07 billion
Cash Flow
$0.03 per share
Book Value
$2.33 per share

Miscellaneous

Free Float
315,487,000
Market Cap
$942.91 million
Optionable
Optionable
Beta
0.97
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Key Executives

  • Mr. Xiao Guo (Age 49)
    CEO & Director
    Comp: $688.59k
  • Ms. Erin Cummins (Age 44)
    Chief Financial Officer
    Comp: $512.84k
  • Ms. Ramona Mateiu (Age 45)
    Chief Legal Officer & Chief Compliance Officer
    Comp: $406.09k
  • Mr. Christopher Gerard Murphy (Age 52)
    Chief Revenue & Client Officer
    Comp: $628.13k
  • Mr. Sudhir Tiwari (Age 52)
    Global Head of Digital Engineering Center
    Comp: $338.17k
  • Ms. Joanna Parke (Age 45)
    Chief Talent & Operating Officer
  • Ms. Rachel Laycock
    Chief Technology Officer
  • Mr. Martin Fowler
    Chief Scientist
  • Mr. Robert Thaddeus Muller C.F.A.
    Global Head of Investor Relations
  • Ms. Julie Woods-Moss (Age 59)
    Chief Marketing Officer

TWKS Stock Analysis - Frequently Asked Questions

Should I buy or sell Thoughtworks stock right now?

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thoughtworks in the last year. There are currently 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TWKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TWKS, but not buy additional shares or sell existing shares.
View TWKS analyst ratings
or view top-rated stocks.

What is Thoughtworks' stock price target for 2024?

8 brokerages have issued 1 year price objectives for Thoughtworks' stock. Their TWKS share price targets range from $3.25 to $6.00. On average, they predict the company's share price to reach $4.94 in the next twelve months. This suggests a possible upside of 69.2% from the stock's current price.
View analysts price targets for TWKS
or view top-rated stocks among Wall Street analysts.

How have TWKS shares performed in 2024?

Thoughtworks' stock was trading at $4.81 at the start of the year. Since then, TWKS shares have decreased by 39.3% and is now trading at $2.92.
View the best growth stocks for 2024 here
.

When is Thoughtworks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our TWKS earnings forecast
.

How were Thoughtworks' earnings last quarter?

Thoughtworks Holding, Inc. (NASDAQ:TWKS) released its quarterly earnings results on Tuesday, May, 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.02. The business earned $248.59 million during the quarter, compared to the consensus estimate of $242.77 million. Thoughtworks had a negative net margin of 8.56% and a negative trailing twelve-month return on equity of 4.10%.

What ETFs hold Thoughtworks' stock?

ETFs with the largest weight of Thoughtworks (NASDAQ:TWKS) stock in their portfolio include Fidelity Metaverse ETF (FMET).Inspire Small/Mid Cap ETF (ISMD).

What guidance has Thoughtworks issued on next quarter's earnings?

Thoughtworks updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of -0.010-0.010 for the period, compared to the consensus EPS estimate of 0.010. The company issued revenue guidance of $250.0 million-$255.0 million, compared to the consensus revenue estimate of $243.2 million.

When did Thoughtworks IPO?

Thoughtworks (TWKS) raised $700 million in an initial public offering on Wednesday, September 15th 2021. The company issued 36,842,106 shares at $18.00-$20.00 per share.

Who are Thoughtworks' major shareholders?

Thoughtworks' stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (3.55%), Summit Creek Advisors LLC (0.41%), Jacobs Levy Equity Management Inc. (0.15%), Inspire Investing LLC (0.04%), California State Teachers Retirement System (0.03%) and Quadrature Capital Ltd (0.03%). Insiders that own company stock include Angela Ferguson, Christopher Gerard Murphy, Erin Cummins, Guo Xiao, Joanna Parke and Sai Krishna Mandapaty.
View institutional ownership trends
.

How do I buy shares of Thoughtworks?

Shares of TWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TWKS) was last updated on 5/27/2024 by MarketBeat.com Staff

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