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.

Twitter Stock Performance

Shares of TWTR opened at $43.94 on Friday. 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 company has a market capitalization of $33.62 billion, a price-to-earnings ratio of -219.70 and a beta of 0.62. Twitter has a 1 year low of $31.30 and a 1 year high of $68.41. The company's 50 day simple moving average is $39.06 and its 200 day simple moving average is $39.68.

Twitter (NYSE:TWTR - Get Rating) last posted its quarterly earnings results on Friday, July 22nd. The social networking company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of $0.14 by ($0.22). 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 business's revenue for the quarter was down 1.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.04 EPS. On average, sell-side analysts predict that Twitter will post 0.29 EPS for the current year.

Analyst Upgrades and Downgrades

TWTR has been the subject of a number of research reports. Rosenblatt Securities raised shares of Twitter from a "neutral" rating to a "buy" rating and upped their target price for the company from $33.00 to $52.00 in a report on Thursday, July 14th. Mizuho dropped their price target on shares of Twitter from $54.00 to $35.00 and set a "neutral" rating on the stock in a research note on Monday, July 11th. Stifel Nicolaus dropped their price target on shares of Twitter from $54.20 to $30.00 and set a "hold" rating on the stock in a research note on Monday, July 11th. TheStreet lowered shares of Twitter from a "c" rating to a "d+" rating in a research note on Friday, July 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of Twitter from $35.00 to $54.20 and gave the stock a "hold" rating in a research note on Tuesday, April 26th. Three analysts have rated the stock with a sell rating, twenty-six have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $44.75.

Insiders Place Their Bets

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