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Inside Analysts’ Recommendations for Twitter

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Dec. 4 2020, Updated 10:53 a.m. ET

Analysts’ recommendations for Twitter

While Twitter (TWTR) recently posted better-than-expected earnings and revenue on April 25, concerns over its future revenue growth have pulled down the company’s stock by 2.1%. Of the 37 analysts covering Twitter, eight have recommended “buy,” eight have recommended “sell,” and 21 have recommended “hold.”

Analysts have given the stock a target price of $29.30, with a median estimate of $30. Twitter is now trading at a 0.8% discount to its median target price.

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Technical indicators for Twitter

On April 24, Twitter stock was trading at $29.75, 6.3% above its 100-day moving average of $28, 2.6% above its 20-day moving average of $29, and 7% below its 50-day moving average of $32. Twitter’s 14-day RSI (relative strength index) score is 56, which indicates that the stock is leaning toward being overbought. An RSI score above 70 indicates that a stock is overbought, while an RSI score below 30 indicates it is oversold.

Twitter has an upper Bollinger Band of $32, a middle Bollinger Band of $29, and a lower Bollinger Band of $27. Bollinger Bands are a combination of a stock’s moving averages.

The stock has an MACD (moving average convergence divergence) of -0.26, indicating a downward trading trend. A stock’s MACD is the difference between its short- and long-term moving averages.

Returns

While Twitter has returned a significant ~102.9% in the last 12 months, it has fallen ~4.1% in the last month and ~5.7% in the last five days. Peers Facebook (FB), Snap (SNAP), and Alphabet (GOOG) have fallen ~4.0%, ~0.75%, and ~4.8%, respectively, in the last five days.

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