Added to YB: 2021-06-16
Pitch date: 2021-06-16
TWTR [bullish]
Twitter, Inc.
-9.91%
current return
Author Info
No bio for this author
Company Info
As of March 31, 2023, Twitter, Inc. was acquired by X Corp. Twitter, Inc. operates as a social media platform for public self-expression, conversation, and real-time information sharing.
Market Cap
$41.0B
Pitch Price
$59.61
Price Target
80.30 (+50%)
Dividend
N/A
EV/EBITDA
N/A
P/E
-366.15
EV/Sales
N/A
Sector
Interactive Media and Services
Category
growth
Twitter: The Modern Comeback Story
TWTR: Twitter’s comeback thesis rests on approaching its ambitious 2023 goals through faster product development, user growth and diversification beyond advertising into subscriptions, audio and newsletters. An $80.30 implied value offers 33.2% upside from $60.25, based on $7.2B of 2023 revenue and 11.4x 2022E sales. The key risk is that regulation, failed integrations or product-development setbacks derail the targets.
Read full article (9 min)