Twitter, Inc. operates as a platform for public self-expression and conversation in real time United States, Japan, and internationally. The company offers Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services. In addition, the company offers MoPub, a mobile-focused advertising exchange that combines ad serving, ad network mediation, and a real-time bidding exchange into one monetization platform; Twitter Audience platform, an advertising offering that enables advertisers to extend advertising campaigns; Developer and Enterprise solutions, a software-as-a-service platform that enables developers to build products on Twitter; and paid enterprise access for its public data streams. Twitter, Inc. was founded in 2006 and is headquartered in San Francisco, California.
IPO Year: 2013
Exchange: NYSE
Website: twitter.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 8/24/2022 | $52.00 → $37.00 | Buy → Neutral | Rosenblatt |
| 8/5/2022 | $50.00 → $45.00 | Positive → Neutral | Susquehanna |
| 7/14/2022 | $33.00 → $52.00 | Neutral → Buy | Rosenblatt |
| 7/11/2022 | $54.20 → $30.00 | Hold | Stifel |
| 7/11/2022 | $54.00 → $35.00 | Neutral | Mizuho |
| 7/11/2022 | $54.20 → $33.00 | Neutral | Rosenblatt |
| 6/29/2022 | $54.00 | Neutral | Wedbush |
| 5/5/2022 | Buy → Hold | Argus | |
| 4/26/2022 | $39.00 → $54.20 | Sell → Hold | Stifel |
| 4/25/2022 | Buy → Hold | Loop Capital |
SAN FRANCISCO, Nov. 29, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that Jack Dorsey has decided to step down as Chief Executive Officer and that the Board of Directors has unanimously appointed Parag Agrawal as CEO and a member of the Board, effective immediately. Dorsey will remain a member of the Board until his term expires at the 2022 meeting of stockholders. Bret Taylor was named the new Chairman of the Board, succeeding Patrick Pichette who will remain on the Board and continue to serve as chair of the Audit Committee. Agrawal has been with Twitter for more than a decade and has served as Chief Technology Officer since 2017. "I've decided to leave Twitter because I
SAN FRANCISCO, June 9, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced the appointment of Mimi Alemayehou to the Company's Board of Directors as a new independent director, effective immediately. "Mimi's extensive experience overseeing growth in emerging markets in both the public and private sectors will be invaluable as we advance Twitter's mission to serve the public conversation across the world," said Patrick Pichette, independent chair of the Twitter Board. "Mimi shares our commitment to social responsibility and strengthening global communities, and we're eager to benefit from her perspective and regional expertise as we expand Twitter's presence to Ghana and invest i
LOS ANGELES, May 27, 2021 (GLOBE NEWSWIRE) -- Versus Systems Inc. ("Versus" or the "Company") (NASDAQ:VS) (FRANKFURT: BMVB) today announced the appointment of Ms. Jennifer Prince to its Board of Directors. As the Global VP and Head of Content Partnerships for Twitter (NYSE:TWTR), Jennifer is responsible for Twitter's global content arm, working with the world's most renowned and conversation-driving publishers and creators on their creative, distribution and monetization. She leads Twitter's worldwide efforts engaging with media entities and individual creators across TV, film, music, sports, news, lifestyle, and gaming. The addition of Prince to the Board of Directors comes as Versus is
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NEW YORK, Oct. 27, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: Arch Capital Group Ltd (NASD:ACGL) will replace Twitter Inc. (NYSE:TWTR) in the S&P 500 effective prior to the opening of trading on Tuesday, November 1. Elon Musk is acquiring Twitter in a transaction expected to close on October 28.RXO Inc. (NYSE:RXO) will be added to the S&P MidCap 400 prior to the opening of trading on Tuesday, November 1, replacing Bread Financial Holdings Inc. (NYSE:BFH) which will move to the S&P SmallCap 600
Attorneys Phil Brewster, Patrick Mincey and Stephen Bell were recently discussed in an in-depth Washington Post article regarding their representation of a whistleblower who exposed alleged securities violations involving Trump Media & Technology Group Corporation ("Trump Media"). Former President Donald J. Trump is the majority owner of Trump Media, the parent company that operates the conservative social media platform Truth Social. As discussed in the article, the whistleblower was one of the original founders of Truth Social, which was established shortly after former President Trump's permanent suspension from Twitter (NYSE:TWTR) because of the events of Jan. 6, 2021. The Washington P
Attorneys Phil Brewster, Patrick Mincey and Stephen Bell were recently discussed in a Miami Herald article regarding their representation of a whistleblower who exposed alleged securities violations involving Trump Media & Technology Group Corporation ("Trump Media"). Former President Donald J. Trump is the majority owner of Trump Media, which is the parent company that operates the conservative social media platform Truth Social. As discussed in the Miami Herald article, the whistleblower was one of the original founders of Truth Social, which was founded shortly after former President Trump's permanent suspension from Twitter (NYSE:TWTR) because of the events of January 6, 2021. The Miam
SAN FRANCISCO, Sept. 13, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that its stockholders have approved the previously announced merger agreement for Twitter to be acquired by affiliates of Elon Musk for $54.20 per share in cash. Based on a preliminary tabulation of the stockholder vote, approximately 98.6% of the votes cast at the Special Meeting approved the proposal to adopt the Merger Agreement. The shareholder approval satisfies the final condition precedent to the closing of the merger under the merger agreement (other than those conditions that by their nature are to be satisfied at closing). Twitter stands ready and willing to complete the merger with affiliates o
Talkwalker, in partnership with Twitter, analyzed over 16.2 million cost-of-living conversations to reveal the impact of rapidly rising costs on global consumers People on Twitter aged 25-34, saw the sharpest increase in cost of living conversations, highlighting their increased concerns about the crisis.Consumers are most anxious about the rising cost of gas and heating.Many believe long-term saving solutions are prohibited by high initial outlays.NEW YORK, July 26, 2022 /PRNewswire/ -- Talkwalker, a leading consumer intelligence platform, in partnership with Twitter, announced the launch of its Exploring the Cost of Living Conversation 2022 report. As a Twitter Official Partner, Talkwalker
SAN FRANCISCO, July 22, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its second quarter 2022. Second Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to round
SAN FRANCISCO, July 8, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today received a notice of purported termination from Elon Musk and the Twitter Board issued the following statement in response: We are committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plan to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery. About Twitter, Inc. (NYSE:TWTR)Twitter is what's happening and what people are talking about right now. To learn more, visit about.twitter.com and follow @Twitter. Let's talk. Additional Information and Where to Find ItOn May 17, 2022, Twitter filed a preliminary proxy stat
SAN FRANCISCO, June 3, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"), with respect to the previously announced agreement for Twitter to be acquired by affiliates of Elon Musk for $54.20 per share in cash. The expiration of the HSR waiting period occurred at 11:59 p.m. EDT on June 2, 2022, which was a condition to the closing of the pending transaction. Completion of the transaction is subject to the satisfaction of the remaining customary closing conditions, including approval by Twitter stockholders and the receipt of remaining applicable regulator
SAN FRANCISCO, May 17, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that it has filed its preliminary proxy statement with the U.S. Securities and Exchange Commission in connection with the previously announced agreement for Twitter to be acquired by affiliates of Elon Musk for $54.20 per share in cash. Twitter is committed to completing the transaction on the agreed price and terms as promptly as practicable. The preliminary proxy statement contains important information including the background of, and reasons for, Twitter's transaction with Mr. Musk. The transaction is subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the
SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its first quarter 2022. First Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to rounding. Q1 reve
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Rosenblatt downgraded Twitter from Buy to Neutral and set a new price target of $37.00 from $52.00 previously
Susquehanna downgraded Twitter from Positive to Neutral and set a new price target of $45.00 from $50.00 previously
Rosenblatt upgraded Twitter from Neutral to Buy and set a new price target of $52.00 from $33.00 previously
Stifel reiterated coverage of Twitter with a rating of Hold and set a new price target of $30.00 from $54.20 previously
Mizuho reiterated coverage of Twitter with a rating of Neutral and set a new price target of $35.00 from $54.00 previously
Rosenblatt reiterated coverage of Twitter with a rating of Neutral and set a new price target of $33.00 from $54.20 previously
Wedbush resumed coverage of Twitter with a rating of Neutral and set a new price target of $54.00
Argus downgraded Twitter from Buy to Hold
Stifel upgraded Twitter from Sell to Hold and set a new price target of $54.20 from $39.00 previously
Loop Capital downgraded Twitter from Buy to Hold
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SAN FRANCISCO, July 22, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its second quarter 2022. Second Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain additional non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to round
SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its first quarter 2022. First Quarter 2022 Operational and Financial Highlights Except as otherwise stated, all financial results discussed below are presented in accordance with generally accepted accounting principles in the United States of America, or GAAP. As supplemental information, we have provided certain non-GAAP financial measures in this press release's supplemental tables, and such supplemental tables include a reconciliation of these non-GAAP measures to our GAAP results. The sum of individual metrics may not always equal total amounts indicated due to rounding. Q1 reve
SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company. Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction. The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximat
SAN FRANCISCO, April 15, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan"). The Board adopted the Rights Plan following an unsolicited, non-binding proposal to acquire Twitter. The Rights Plan is intended to enable all shareholders to realize the full value of their investment in Twitter. The Rights Plan will reduce the likelihood that any entity, person or group gains control of Twitter through open market accumulation without paying all shareholders an appropriate control premium or without providing the Board sufficient time to make informed judgments and take ac
Unified AppLovin MAX and MoPub platform creates one of the most powerful and efficient monetization solutions available on the market $15 billion of annualized advertiser spend expected on AppLovin platform by 2023 AppLovin Corporation (NASDAQ:APP), a leading marketing software company, today announced it has completed the acquisition of Twitter, Inc.'s (NYSE:TWTR) MoPub business for $1.05 billion in cash. Combined with MoPub's core features, MAX further accelerates growth and improves efficiencies for app publishers while providing advertisers with expanded reach and market-efficient pricing. The unified platform is expected to process more than $15 billion of annualized advertiser s
SAN FRANCISCO, July 22, 2021 /PRNewswire/ -- Twitter, Inc. (NYSE:TWTR) today announced financial results for its second quarter 2021. "As we enter the second half of 2021, we are shipping more, learning faster, and hiring remarkable talent," said Jack Dorsey, Twitter's CEO. "For example, our increased shipping cadence contributed to reaching 206 million average monetizable DAU (mDAU) in Q2, up 11% year over year and 3% quarter over quarter. There's a tremendous opportunity to get the whole world to use Twitter." "We delivered better-than-expected performance across all major products and geographies while growing our audience," said Ned Segal, Twitter's CFO. "We continued to make significant