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 NYSE:TWTR traded down $0.11 during midday trading on Wednesday, reaching $44.29. 131,616 shares of the stock were exchanged, compared to its average volume of 12,526,476. The firm has a market cap of $33.89 billion, a price-to-earnings ratio of -222.00 and a beta of 0.62. Twitter has a twelve month low of $31.30 and a twelve month high of $68.41. The firm has a 50-day simple moving average of $39.41 and a two-hundred day simple moving average of $39.99. The company has a quick ratio of 7.15, a current ratio of 7.15 and a debt-to-equity ratio of 0.88.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Rosenblatt Securities upgraded shares of Twitter from a "neutral" rating to a "buy" rating and upped their price target for the stock from $33.00 to $52.00 in a report on Thursday, July 14th. Citigroup increased their target price on shares of Twitter from $36.00 to $40.00 and gave the stock a "neutral" rating in a report on Monday, July 25th. Deutsche Bank Aktiengesellschaft increased their target price on shares of Twitter from $35.00 to $54.20 and gave the stock a "hold" rating in a report on Tuesday, April 26th. Mizuho dropped their target price on shares of Twitter from $54.00 to $35.00 and set a "neutral" rating on the stock in a report on Monday, July 11th. Finally, Robert W. Baird dropped their target price on shares of Twitter from $45.00 to $33.00 and set a "neutral" rating on the stock in a report on Monday, July 11th. Three analysts have rated the stock with a sell rating, twenty-six have given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $44.75.

Insider Buying and Selling at Twitter

In other Twitter news, CFO Ned D. Segal sold 5,000 shares of the firm's stock in a transaction on Tuesday, June 14th. The stock was sold at an average price of $38.00, for a total value of $190,000.00. Following the transaction, the chief financial officer now owns 716,333 shares in the company, valued at approximately $27,220,654. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Ned D. Segal sold 5,000 shares of Twitter stock in a transaction on Tuesday, June 14th. The stock was sold at an average price of $38.00, for a total transaction of $190,000.00. Following the transaction, the chief financial officer now owns 716,333 shares in the company, valued at approximately $27,220,654. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Nick V. Caldwell sold 10,921 shares of Twitter stock in a transaction on Thursday, July 7th. The stock was sold at an average price of $38.38, for a total value of $419,147.98. Following the transaction, the insider now owns 374,468 shares in the company, valued at approximately $14,372,081.84. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 56,266 shares of company stock worth $2,186,340. Corporate insiders own 2.70% of the company's stock.