Shares of Twitter Inc TWTR 0.55% are plunging more than 8.5 percent on Wednesday after the company reported above-consensus revenue and EPS numbers for Q3. Why the big sell-off and where will Twitter’s stock go from here? Here’s what Wall Street is saying.
Baird-Neutral
Analyst Colin Sebastian calls Twitter a “work in progress” and points out the company’s soft user growth rate (+8.0 percent year-over-year). He maintains a Neutral rating and indicates that market penetration remains an uncertainty.
Barclays-Equal Weight
Analyst Paul Vogel calls the quarter “modestly better” than previous quarters but was disappointed by Q4 guidance. The firm maintains its Equal Weight rating.
Macquarie-Neutral
Analyst Ben Schachter is now “incrementally more concerned about TWTR’S near/mid-term growth profile, while the long-term opportunity remains potentially compelling.” The firm maintains its Neutral rating.
Morgan Stanley-Underweight
Analyst Brian Nowak says that the weak Q4 guidance “reinforces our concern that Twitter will be unable to gain enough incremental share of ad budgets to deliver consensus expectations and support current valuation.” The firm maintains its Underweight rating.
Nomura-Neutral
Analyst Anthony DiClemente believes…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!
