Twitter, Inc. (TWTR) Stock Price, Quote & News - Stock Analysis (2024)

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Twitter, Inc. (TWTR) Stock Price, Quote & News - Stock Analysis? ›

The share price of Twitter Inc. (TWTR) is $53.70 (NYSE) as of 27-Oct-2022 16:03 EST. Twitter Inc. (TWTR) has given a return of 21.02% in the last 3 years.

TWTR Stock 12 Month Forecast

Based on 9 Wall Street analysts offering 12 month price targets for Twitter in the last 3 months. The average price target is $50.60 with a high forecast of $54.20 and a low forecast of $42.00.

Twitter stock went off the New York Stock Exchange after the company became private. This meant that its shares no longer existed on public markets. This delisting was effective from November 8, 2022, a few days after the company changed hands.

Twitter will be delisted from the New York Stock Exchange and its shares will no longer trade on public markets as of Nov. 8, according to a securities filing. In September, Twitter's shareholders approved the company's sale to Mr. Musk and agreed to sell their stock to him for $54.20 a share.

Elon Musk has wiped out 72% of Twitter's value since taking over, Fidelity reveals in new filing. Fidelity has cut the valuation of its stake in Elon Musk's X again, reflecting a 72% markdown since the billionaire bought the former Twitter Inc.

Twitter Inc quote is equal to 53.700 USD at 2024-04-24. Based on our forecasts, a long-term increase is expected, the "TWTR" stock price prognosis for 2027-10-26 is 57.221 USD. With a 5-year investment, the revenue is expected to be around +6.56%. Your current $100 investment may be up to $106.56 in 2029.

What led to the decision to delist Twitter stock? The decision to delist Twitter stock could be influenced by a variety of factors, including strategic shifts in the company's business model, financial considerations, or a change in ownership structure.

If the majority of the shareholders agree to the offer of an investor, the minority of objecting shareholders don't have a say in the matter. The sale will go through whether you like it or not. Of course, you will be paid for your shares based upon the offer that is being made and being offered to all shareholders.

If you own shares in a public company that goes private, you must sell your shares at the acquisition price that's been agreed to by the parties.

You can no longer buy Twitter (TWTR) stock now that it's a private company. Elon Musk acquired Twitter in October 2022 and took the company private, which removed its shares from the stock market. Prior to this, the company had been publicly traded since 2013.

Should I buy Twitter stock before it goes private? ›

"Investors should not buy Twitter," Matthew Tuttle, CEO of Tuttle Capital Management told Money via email. "If the deal does not go through, which is a big IF when dealing with Elon Musk and all the baggage that comes with him, the downside is pretty huge."

Twitter has not reported its net profit / loss for 2022 and 2023, although we suspect both years were unprofitable due to large loan paybacks.

So long, TWTR: Twitter shares will be delisted on Nov. 8.

It's not just the platform's identity that's on shaky grounds. Twitter was already struggling financially when Musk purchased it for $44 billion in a deal that closed Oct. 27, 2022, and the situation appears more precarious today.

Elon Musk acquired Twitter for $44 billion in October 2022. Elon Musk's social media platform X (formerly known as Twitter) has plunged 71.5% in value since his October 2022 takeover, according to a Fidelity securities filing dated December 30, 2023.

Value of X has fallen 71% since purchase by Musk and name change from Twitter. The social media platform X has lost 71% of its value since it was bought by Elon Musk, according to the mutual fund Fidelity.

The social media company saw its stock rocket higher after the CFO made positives comments in a TV interview. It was also reported by CNBC, that Twitter is working on a camera feature which could rival Snap Inc.'s (SNAP) Snapchat.

(TWTR) $53.70 (NYSE) Share Price Today.

No. Twitter is not currently hoarding cash because it is not yet profitable. The company is currently using outside capital from loans and sold shares to fund its operations. It would be awkward for Twitter to pay a dividend while the company was unprofitable, as it would be like stealing from Peter to pay Paul.

Market cap: $41.09 Billion

As of April 2024 Twitter has a market cap of $41.09 Billion. This makes Twitter the world's 463th most valuable company by market cap according to our data.