Twitter - TWTR Stock Forecast, Price & News

Twitter, Inc. operates as a platform for public self-expression and conversation in real-time. The company's primary product is Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products that enable advertisers to promote brands, products, and services, as well as enable advertisers to target an audience based on various factors, including who an account follows and actions taken on its platform, such as Tweets created and engagement with Tweets. Its promoted products consist of promoted ads and Twitter Amplify, Follower Ads, and Twitter takeover. In addition, the company offers monetization products for creators, including Tips to directly send small one-time payments on Twitter using various payment methods, including bitcoin; Super Follows, a paid monthly subscription, which includes bonus content, exclusive previews, and perks as a way to support and connect with creators on Twitter; and Ticketed Spaces to support creators on Twitter for their time and effort in hosting, speaking, and moderating the public conversation on Twitter Spaces. Further, it offers products for developers and data partners comprising Twitter Developer Platform, a platform that enables developers to build tools for people and businesses using its public application programming interface; and paid access to Twitter data for partners with commercial use cases. Twitter, Inc. was founded in 2006 and is based in San Francisco, California.

Analyst Upgrades and Downgrades

Several brokerages have commented on TWTR. Robert W. Baird cut their target price on Twitter from $45.00 to $33.00 and set a "neutral" rating on the stock in a research note on Monday, July 11th. Mizuho dropped their price target on Twitter from $54.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 11th. StockNews.com downgraded Twitter from a "hold" rating to a "sell" rating in a research note on Monday, July 25th. Stifel Nicolaus dropped their price target on Twitter from $54.20 to $30.00 and set a "hold" rating on the stock in a research note on Monday, July 11th. Finally, Susquehanna Bancshares downgraded Twitter to a "neutral" rating and dropped their price target for the stock from $50.00 to $45.00 in a research note on Friday, August 5th. Three research analysts have rated the stock with a sell rating, twenty-six have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Twitter currently has a consensus rating of "Hold" and an average target price of $44.75.

Twitter Stock Up 0.5 %

Twitter stock traded up $0.24 during mid-day trading on Tuesday, reaching $44.74. 172,616 shares of the company were exchanged, compared to its average volume of 12,836,098. The business has a fifty day moving average of $39.32 and a 200 day moving average of $39.96. The company has a debt-to-equity ratio of 0.88, a quick ratio of 7.15 and a current ratio of 7.15. The firm has a market cap of $34.24 billion, a P/E ratio of -223.75 and a beta of 0.62. Twitter has a 12-month low of $31.30 and a 12-month high of $68.41.

Twitter (NYSE:TWTR - Get Rating) last posted its earnings results on Friday, July 22nd. The social networking company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.31). The company had revenue of $1.18 billion for the quarter, compared to analysts' expectations of $1.34 billion. Twitter had a negative return on equity of 0.82% and a negative net margin of 2.14%. The firm's quarterly revenue was down 1.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.04 EPS. Research analysts anticipate that Twitter will post 0.29 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Twitter news, CFO Ned D. Segal sold 5,000 shares of the company's stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $42.80, for a total transaction of $214,000.00. Following the completion of the sale, the chief financial officer now owns 688,333 shares in the company, valued at $29,460,652.40. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In other news, major shareholder H R. H. Prince Alwaleed Bin Saud sold 490,000 shares of the company's stock in a transaction on Wednesday, May 18th. The stock was sold at an average price of $37.27, for a total transaction of $18,262,300.00. Following the transaction, the insider now directly owns 30,100,078 shares of the company's stock, valued at $1,121,829,907.06. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CFO Ned D. Segal sold 5,000 shares of the company's stock in a transaction on Tuesday, August 9th. The stock was sold at an average price of $42.80, for a total value of $214,000.00. Following the transaction, the chief financial officer now directly owns 688,333 shares in the company, valued at $29,460,652.40. The disclosure for this sale can be found here. Insiders sold a total of 546,266 shares of company stock worth $20,448,640 over the last 90 days. Company insiders own 2.70% of the company's stock.