Twist Bioscience (TWST) Stock Forecast, Price & News

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Twist Bioscience in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" TWST shares.
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7 brokers have issued 1 year price targets for Twist Bioscience's stock. Their TWST share price forecasts range from $20.00 to $36.00. On average, they expect the company's stock price to reach $28.43 in the next year. This suggests a possible upside of 40.2% from the stock's current price.
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Twist Bioscience's stock was trading at $23.81 at the start of the year. Since then, TWST shares have decreased by 14.8% and is now trading at $20.28.
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The company is scheduled to release its next quarterly earnings announcement on Friday, November 17th 2023.
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Twist Bioscience Co. (NASDAQ:TWST) posted its quarterly earnings data on Friday, August, 4th. The company reported ($1.01) earnings per share for the quarter, topping the consensus estimate of ($1.14) by $0.13. The firm had revenue of $63.80 million for the quarter, compared to analyst estimates of $60.62 million. Twist Bioscience had a negative net margin of 88.97% and a negative trailing twelve-month return on equity of 29.09%. Twist Bioscience's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the business posted ($1.08) earnings per share.

ETFs with the largest weight of Twist Bioscience (NASDAQ:TWST) stock in their portfolio include Subversive Mental Health ETF (SANE), iShares Genomics Immunology and Healthcare ETF (IDNA), ARK Genomic Revolution ETF (ARKG), Global X Telemedicine & Digital Health ETF (EDOC), ROBO Global Healthcare Technology and Innovation ETF (HTEC), WisdomTree BioRevolution Fund (WDNA), BNY Mellon Innovators ETF (BKIV) and SPDR S&P Biotech ETF (XBI).

Twist Bioscience updated its fourth quarter 2023 earnings guidance on Monday, August, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $63.00 million-$64.00 million, compared to the consensus revenue estimate of $62.25 million.

44 employees have rated Twist Bioscience Chief Executive Officer Emily Leproust on Glassdoor.com. Emily Leproust has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other Twist Bioscience investors own include CrowdStrike (CRWD), Pfizer (PFE), DocuSign (DOCU), Intel (INTC), NVIDIA (NVDA), Advanced Micro Devices (AMD), Gilead Sciences (GILD), JD.com (JD), Tesla (TSLA) and Twilio (TWLO).

(TWST) raised $75 million in an initial public offering on Wednesday, October 31st 2018. The company issued 5,000,000 shares at $14.00-$16.00 per share. J.P. Morgan and Cowen acted as the underwriters for the IPO and Allen & Company and Baird were co-managers.

Twist Bioscience trades on the NASDAQ under the ticker symbol "TWST."

Twist Bioscience's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include ARK Investment Management LLC (12.18%), BlackRock Inc. (12.03%), JPMorgan Chase & Co. (8.95%), State Street Corp (8.45%), William Blair Investment Management LLC (6.30%) and Sumitomo Mitsui Trust Holdings Inc. (6.24%). Insiders that own company stock include Dennis Cho, Emily M Leproust, Emily M Leproust, James M Thorburn, Jan Johannessen, John P Molloy, Keith Crandell, Mark Daniels, Nicolas Barthelemy, Patrick John Finn, Patrick Weiss, Paula Green, Robert Chess and William Banyai.
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Shares of TWST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TWST stock can currently be purchased for approximately $20.28.

Twist Bioscience (NASDAQ:TWST) has a market capitalization of $1.16 billion and generates $203.57 million in revenue each year. The company earns $-217,860,000.00 in net income (profit) each year or ($3.70) on an earnings per share basis.

The company employs 989 workers across the globe.

Twist Bioscience's mailing address is 681 GATEWAY BLVD., SOUTH SAN FRANCISCO CA, 94080. The official website for the company is www.twistbioscience.com. The company can be reached via phone at (800) 719-0671 or via email at maeve@argotpartners.com.