Analysts’ Recent Ratings Updates for Twitter (TWTR)

A number of research firms have changed their ratings and price targets for Twitter (NYSE: TWTR):

  • 2/13/2017 – Twitter was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Twitter reported fourth quarter 2016 results wherein adjusted loss was narrower than expected but revenues missed the Zacks Consensus Estimate. Year over year, revenues grew just 1%. Moreover, ad revenues declined year over year. Twitter remains in trouble with just 319 million users. Revenue growth is decelerating and profits are yet to be earned. Exodus at the top level management is adding to woes. Plus, costs continue to rise as Twitter invests in product development. Moreover, stiff competition for ad dollars is another cause of worry. To battle odds, Twitter is making user friendly changes to the platform and is focused on boosting live  content on it platform . It is also shedding noncore operations. However, these are yet to bring any marked improvement in Twitter’s performance. Shares have largely underperformed the broader market in the past one year. “
  • 2/12/2017 – Twitter had its “sell” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $10.00 price target on the stock. They wrote, “We reiterate our Sell rating on TWTR shares and PT of $10. Twitter’s ad business goes ex-growth in 4Q, while 1Q guidance points to a far steeper decline: Twitter missed consensus revenue forecasts by ~3% in 4Q:16 as its advertising business declined y/y for the first time in the company’s history . Although the 4Q ad revenue declines were slight (down <1% overall, -1% y/y in O&O advertising, though U.S. advertising could've been lower since total U.S. revenue fell -5% y/y) the company’s 1Q guidance / commentary about the remainder of 2017 point to a bleak outlook for the advertising business in the coming quarters. Twitter’s 1Q:17 adj. EBITDA guidance implies revenue of ~$440mm to ~$540mm (or -26% to -9% declines y/y), or ~$492mm at the midpoint (-17% y/y). The midpoint of the implied 1Q revenue guide is roughly 22% below the Street’s $628mm forecast, and a staggering ~37% below where consensus numbers sat roughly a year ago (the Street was at $776mm for 1Q:17 in February 2016, per FactSet)."”
  • 2/11/2017 – Twitter was given a new $13.00 price target on by analysts at Wedbush. They now have a “hold” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Bank of America Corporation from $16.00 to $14.50. They now have an “underperform” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at BMO Capital Markets from $16.00 to $15.00. They now have a “market perform” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Goldman Sachs Group, Inc. (The) from $22.00 to $20.00. They now have a “buy” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Pivotal Research from $17.00 to $15.00. They now have a “hold” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Mizuho from $15.00 to $12.00. They now have an “underperform” rating on the stock.
  • 2/10/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Instinet.
  • 2/10/2017 – Twitter was downgraded by analysts at Atlantic Securities from a “neutral” rating to an “underweight” rating. They now have a $13.00 price target on the stock, down previously from $16.00.
  • 2/10/2017 – Twitter was downgraded by analysts at Citigroup Inc. from a “neutral” rating to a “sell” rating. They now have a $13.00 price target on the stock.
  • 2/10/2017 – Twitter was downgraded by analysts at Loop Capital from a “hold” rating to a “sell” rating. They now have a $10.00 price target on the stock, down previously from $16.00.
  • 2/10/2017 – Twitter was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $15.00 price target on the stock, down previously from $22.00.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Cantor Fitzgerald to $16.00.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Aegis from $14.00 to $12.00. They now have a “sell” rating on the stock.
  • 2/10/2017 – Twitter had its price target lowered by analysts at Jefferies Group LLC to $20.00.
  • 2/10/2017 – Twitter had its price target lowered by analysts at SunTrust Banks, Inc. to $16.00. They now have a “hold” rating on the stock.
  • 2/10/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $17.00 price target on the stock.
  • 2/10/2017 – Twitter had its “neutral” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 2/10/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Susquehanna Bancshares Inc. They now have a $15.00 price target on the stock.
  • 2/9/2017 – Twitter had its price target lowered by analysts at Evercore ISI from $17.00 to $16.00. They now have a “hold” rating on the stock.
  • 2/9/2017 – Twitter had its price target lowered by analysts at FBN Securities from $19.00 to $18.00. They now have an “outperform” rating on the stock.
  • 2/9/2017 – Twitter had its price target lowered by analysts at RBC Capital Markets from $14.00 to $12.00. They now have an “underperform” rating on the stock.
  • 2/9/2017 – Twitter was downgraded by analysts at Cowen and Company from a “market perform” rating to an “underperform” rating. They now have a $12.00 price target on the stock.
  • 2/9/2017 – Twitter had its price target lowered by analysts at Morgan Stanley from $13.50 to $10.00. They now have an “underweight” rating on the stock.
  • 2/9/2017 – Twitter had its price target lowered by analysts at Canaccord Genuity from $18.00 to $15.00. They now have a “hold” rating on the stock.
  • 2/9/2017 – Twitter was downgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “underperform” rating.
  • 2/8/2017 – Twitter was upgraded by analysts at BTIG Research from a “neutral” rating to a “buy” rating. They now have a $25.00 price target on the stock, up previously from $18.26.
  • 2/6/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Wedbush. They now have a $14.00 price target on the stock.
  • 2/6/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $20.00 price target on the stock.
  • 2/1/2017 – Twitter had its “hold” rating reaffirmed by analysts at Loop Capital. They now have a $16.00 price target on the stock.
  • 1/30/2017 – Twitter was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Twitter is expected to benefit from its user friendly changes to the platform as well as spate of live streaming deals.Twitter is taking up cost cutting aggressively. The company is planning to reduce 9% of its workforce worldwide. Layoffs had long been anticipated as the company intends to chart a solo strategy to turnaround things. It’s a no-brainer that cost cutting will be an integral part of the strategy. However, “live” is yet to move the needle for Twitter. The company continues to be in trouble with just over 317 million users and dwindling revenues. Plus, the exodus of top level management continues to plague the company. Shares have vastly underperformed the broader market in the past one year.  However, estimates remain largely stable ahead of the company's fourth quarter earnings release.”
  • 1/24/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $17.00 price target on the stock.
  • 1/21/2017 – Twitter had its “sell” rating reaffirmed by analysts at Aegis.
  • 1/20/2017 – Twitter is now covered by analysts at Pacific Crest. They set a “sector weight” rating and a $14.00 price target on the stock.
  • 1/19/2017 – Twitter had its “buy” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $23.00 price target on the stock.
  • 1/18/2017 – Twitter had its “hold” rating reaffirmed by analysts at BMO Capital Markets. They now have a $16.00 price target on the stock.
  • 1/15/2017 – Twitter had its “sell” rating reaffirmed by analysts at Moffett Nathanson. They now have a $11.00 price target on the stock.
  • 1/14/2017 – Twitter had its “underperform” rating reaffirmed by analysts at RBC Capital Markets. They now have a $14.00 price target on the stock.
  • 1/14/2017 – Twitter had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $17.00 price target on the stock.
  • 1/12/2017 – Twitter had its “hold” rating reaffirmed by analysts at Pivotal Research. They now have a $17.00 price target on the stock, down previously from $26.00.
  • 1/9/2017 – Twitter was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $19.71 price target on the stock.
  • 1/6/2017 – Twitter had its “buy” rating reaffirmed by analysts at Evercore ISI. They now have a $17.00 price target on the stock.
  • 1/4/2017 – Twitter was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $18.24 price target on the stock.
  • 1/3/2017 – Twitter is now covered by analysts at Aegis. They set a “sell” rating and a $14.00 price target on the stock.
  • 12/26/2016 – Twitter was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $19.04 price target on the stock.
  • 12/23/2016 – Twitter had its “neutral” rating reaffirmed by analysts at Cantor Fitzgerald. They now have a $20.00 price target on the stock.
  • 12/22/2016 – Twitter had its “hold” rating reaffirmed by analysts at SunTrust Banks, Inc.. They now have a $18.00 price target on the stock.
  • 12/21/2016 – Twitter had its “underperform” rating reaffirmed by analysts at Mizuho. They now have a $15.00 price target on the stock.
  • 12/19/2016 – Twitter was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $18.73 price target on the stock.

Twitter, Inc. (NYSE:TWTR) opened at 16.52 on Wednesday. The company has a 50-day moving average of $16.98 and a 200-day moving average of $18.37. Twitter, Inc. has a 52-week low of $13.73 and a 52-week high of $25.25. The company’s market cap is $11.79 billion.

Twitter (NYSE:TWTR) last issued its quarterly earnings results on Thursday, February 9th. The social networking company reported $0.16 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.04. The firm had revenue of $717 million for the quarter, compared to the consensus estimate of $740.17 million. Twitter had a negative net margin of 18.06% and a negative return on equity of 4.59%. The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 EPS. On average, equities research analysts expect that Twitter, Inc. will post $0.34 earnings per share for the current fiscal year.

In other news, insider Robert Kaiden sold 3,988 shares of Twitter stock in a transaction on Thursday, December 1st. The shares were sold at an average price of $18.19, for a total value of $72,541.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Jack Dorsey acquired 425,998 shares of the stock in a transaction dated Tuesday, February 14th. The stock was bought at an average price of $16.43 per share, with a total value of $6,999,147.14. The disclosure for this purchase can be found here. 10.79% of the stock is currently owned by insiders.

Twitter, Inc (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time.

5 Day Chart for NYSE:TWTR

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