Thoughtworks Holding, Inc. (TWKS)
NASDAQ: TWKS · IEX Real-Time Price · USD
2.760
-0.070 (-2.47%)
May 31, 2024, 4:00 PM EDT - Market closed
Thoughtworks Holding Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for TWKS stock have an average target of 4.94, with a low estimate of 3.25 and a high estimate of 6.00. The average target predicts an increase of 78.99% from the current stock price of 2.76.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TWKS stock from 8 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 2 | 3 | 2 | 1 | 1 | 2 |
| Hold | 6 | 6 | 7 | 7 | 7 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 9 | 9 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $2.5 → $3.25 | Hold | Maintains | $2.5 → $3.25 | +17.75% | May 8, 2024 |
| Wedbush | Wedbush | Buy Reiterates $6 | Buy | Reiterates | $6 | +117.39% | May 8, 2024 |
| Baird | Baird | Buy Maintains $5 → $6 | Buy | Maintains | $5 → $6 | +117.39% | May 8, 2024 |
| Citigroup | Citigroup | Hold Maintains $2.75 → $2.5 | Hold | Maintains | $2.75 → $2.5 | -9.42% | Apr 22, 2024 |
| Citigroup | Citigroup | Hold Maintains $5 → $2.75 | Hold | Maintains | $5 → $2.75 | -0.36% | Mar 11, 2024 |
Financial Forecast
Revenue This Year
1.03B
from 1.13B
Decreased by -8.59%
Revenue Next Year
1.11B
from 1.03B
Increased by 7.57%
EPS This Year
0.06
from -0.22
EPS Next Year
0.18
from 0.06
Increased by 194.58%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.1B | 1.2B | 1.4B |
| Avg | 1.0B | 1.1B | 1.3B |
| Low | 974.1M | 1.0B | 1.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -4.5% | 14.6% | 22.2% |
| Avg | -8.6% | 7.6% | 17.3% |
| Low | -13.6% | 0.6% | 10.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 0.08 | 0.23 | 0.33 |
| Avg | 0.06 | 0.18 | 0.29 |
| Low | 0.02 | 0.09 | 0.26 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 281.0% | 82.2% |
| Avg | - | 194.6% | 64.3% |
| Low | - | 48.7% | 48.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.