Twist Bioscience (TWST) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Twist Bioscience in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" TWST shares.
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6 brokerages have issued 12-month price objectives for Twist Bioscience's stock. Their TWST share price forecasts range from $18.00 to $36.00. On average, they predict the company's share price to reach $26.17 in the next year. This suggests a possible upside of 72.7% from the stock's current price.
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Twist Bioscience's stock was trading at $23.81 on January 1st, 2023. Since then, TWST stock has decreased by 36.4% and is now trading at $15.15.
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The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
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Twist Bioscience Co. (NASDAQ:TWST) released its earnings results on Friday, May, 5th. The company reported ($1.06) earnings per share for the quarter, topping the consensus estimate of ($1.09) by $0.03. The firm earned $60.18 million during the quarter, compared to analyst estimates of $56.61 million. Twist Bioscience had a negative trailing twelve-month return on equity of 27.95% and a negative net margin of 93.32%.

ETFs with the largest weight of Twist Bioscience (NASDAQ:TWST) stock in their portfolio include ARK Genomic Revolution ETF (ARKG), iShares Genomics Immunology and Healthcare ETF (IDNA), Global X Telemedicine & Digital Health ETF (EDOC), ROBO Global Healthcare Technology and Innovation ETF (HTEC), SPDR S&P Biotech ETF (XBI), ARK Innovation ETF (ARKK), Direxion Daily S&P Biotech Bull 3x Shares (LABU) and Hypatia Women CEO ETF (WCEO).

Twist Bioscience updated its FY 2023 earnings guidance on Sunday, May, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $235.00 million-$238.00 million, compared to the consensus revenue estimate of $264.18 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 IPO on Wednesday, October 31st 2018. The company issued 5,000,000 shares at a price of $14.00-$16.00 per share. J.P. Morgan and Cowen served 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 many different retail and institutional investors. Top institutional shareholders include ARK Investment Management LLC (12.63%), BlackRock Inc. (10.93%), State Street Corp (9.23%), JPMorgan Chase & Co. (7.10%), Sumitomo Mitsui Trust Holdings Inc. (5.98%) and Nikko Asset Management Americas Inc. (5.98%). 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 $15.15.

Twist Bioscience (NASDAQ:TWST) has a market capitalization of $865.82 million and generates $203.57 million in revenue each year. The company earns $-217,860,000.00 in net income (profit) each year or ($3.77) on an earnings per share basis.

The company employs 652 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.