Pivotal Research analyst Michael Levine CFA reiterated a Buy rating on Twitter on Wednesday, setting a price target of $77.25, which is approximately 29.03% above the present share price of $59.87.
Levine CFA expects Twitter to post earnings per share (EPS) of $0.04 for the first quarter of 2021.
The current consensus among 28 TipRanks analysts is for a Moderate Buy rating of shares in Twitter, with an average price target of $60.63.
The analysts price targets range from a high of $80 to a low of $43.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $936.23 million and a net profit of $56.11 million. The company's market cap is $47.62 billion.
According to TipRanks.com, Pivotal Research analyst Michael Levine CFA is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 59.6% and a 80.39% success rate.
Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions, and news. The company's services include live commentary, live connections and live conversations. Its application provides social networking services and micro-blogging services through mobile devices and the Internet. The company can also be used as a marketing tool for businesses. It's products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Twitter was founded by Jack Dorsey, Christopher Isaac Stone, Noah E. Glass, Jeremy LaTrasse, and Evan Williams (NYSE:WMB) on March 21, 2006 and is headquartered in San Francisco, CA.