Should I buy or sell Thoughtworks stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thoughtworks in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TWKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TWKS, but not buy additional shares or sell existing shares. View TWKS analyst ratings or view top-rated stocks .

What is Thoughtworks' stock price target for 2024?

7 Wall Street analysts have issued 1 year price targets for Thoughtworks' stock. Their TWKS share price targets range from $3.40 to $6.00. On average, they predict the company's stock price to reach $5.08 in the next twelve months. This suggests a possible upside of 123.8% from the stock's current price. View analysts price targets for TWKS or view top-rated stocks among Wall Street analysts .

How have TWKS shares performed in 2024?

Thoughtworks' stock was trading at $4.81 at the beginning of 2024. Since then, TWKS stock has decreased by 52.8% and is now trading at $2.27. View the best growth stocks for 2024 here .

When is Thoughtworks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024. View our TWKS earnings forecast .

How were Thoughtworks' earnings last quarter?

Thoughtworks Holding, Inc. (NASDAQ:TWKS) released its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $252.39 million for the quarter, compared to analysts' expectations of $268.34 million. Thoughtworks had a negative net margin of 6.09% and a negative trailing twelve-month return on equity of 2.46%.

What guidance has Thoughtworks issued on next quarter's earnings?

Thoughtworks updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $0.01-0.06 for the period, compared to the consensus estimate of $0.22. The company issued revenue guidance of $980 million to $1.01 billion, compared to the consensus revenue estimate of $1.12 billion.

When did Thoughtworks IPO?

Thoughtworks (TWKS) raised $700 million in an IPO on Wednesday, September 15th 2021. The company issued 36,842,106 shares at a price of $18.00-$20.00 per share.

How do I buy shares of Thoughtworks?

Shares of TWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:TWKS

Thoughtworks (TWKS) Stock Price, News & Analysis

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$2.27

+0.01 (+0.44%)

(As of 05:12 PM ET)

Compare

Today's Range: $2.19
▼
$2.31
50-Day Range: $2.26
▼
$4.61
52-Week Range: $2.19
▼
$8.41

Volume: 495,128 shs
Average Volume: 804,247 shs
Market Capitalization: $732.60 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $5.08

Get Thoughtworks alerts:

Thoughtworks MarketRank™ Stock Analysis

Analyst Rating: Hold
2.14 Rating Score
Upside/Downside: 123.8% Upside
$5.08 Price Target
Short Interest: Bearish
4.54% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.44
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.03) to $0.09 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Business Services Sector

264th out of 313 stocks

Custom Computer Programming Services Industry

18th out of 21 stocks

3.1

Analyst's Opinion

Consensus Rating
Thoughtworks has received a consensus rating of Hold. The company's average rating score is 2.14, and is based on 1 buy rating, 6 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Thoughtworks has only been the subject of 4 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
4.54% of the float of Thoughtworks has been sold short.
Short Interest Ratio / Days to Cover
Thoughtworks has a short interest ratio ("days to cover") of 4.8.
Change versus previous month
Short interest in Thoughtworks has recently increased by 13.47%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Thoughtworks does not currently pay a dividend.
Dividend Growth
Thoughtworks does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TWKS.

1.9

News and Social Media Coverage

News Sentiment
Thoughtworks has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Thoughtworks this week, compared to 3 articles on an average week.
Search Interest
Only 4 people have searched for TWKS on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added Thoughtworks to their MarketBeat watchlist in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Thoughtworks insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.90% of the stock of Thoughtworks is held by insiders.
Percentage Held by Institutions
Only 32.81% of the stock of Thoughtworks is held by institutions.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Thoughtworks are expected to grow in the coming year, from ($0.03) to $0.09 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Thoughtworks is -10.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Thoughtworks is -10.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Thoughtworks has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Thoughtworks Stock (NASDAQ:TWKS)

Thoughtworks Holding, Inc. provides technology consultancy services in North America, the Asia Pacific, Europe, and Latin America. The company's consultancy services integrate strategy, design, and software engineering to enable enterprises and technology disruptors to thrive as modern digital businesses. It offers enterprise modernization, platforms, and cloud services, including modernization strategy and execution, digital platform strategy and engineering organization transformation, cloud modernization, cloud-native application support and evolution, and platform assessment and remediation; and customer experience, product, and design services comprising idea to market, customer experience strategy, product management transformation, and product design and delivery. The company also provides data and artificial intelligence services, such as data strategy, intelligent products, data platforms and data mesh, continuous delivery for machine learning, and data governance; digital transformation and operations services, which include delivery transformation, digital fluency, organization transformation, value-driven portfolio management, technology strategy, executive advisory, and digital foundations training; and DAMO managed services. It serves its clients in various industry verticals, including technology and business services; energy, public, and health services; retail and consumer; financial services and insurance; and automotive, travel, and transportation. The company was incorporated in 1993 and is headquartered in Chicago, Illinois.

TWKS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TWKS Stock News Headlines

April 16, 2024 | businesswire.com

Thoughtworks to Report First Quarter 2024 Financial Results

April 5, 2024 | stockhouse.com

Thoughtworks Technology Radar's 30th Edition Highlights Teams Leveraging AI Across Software Delivery Lifecycle

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

April 4, 2024 | businesswire.com

Aiven Achieves Sustainability Goals with Thoughtworks

April 3, 2024 | finance.yahoo.com

Thoughtworks Technology Radar’s 30th Edition Highlights Teams Leveraging AI Across Software Delivery Lifecycle

March 28, 2024 | investorplace.com

Avoiding AI Armageddon: 3 Stocks to Dump Before They Go to Zero

March 15, 2024 | businesswire.com

Thoughtworks Holding, Inc. (TWKS) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Investors to Seek Compensation for Alleged Wrongdoings

March 14, 2024 | seekingalpha.com

Thoughtworks: Rating Downgrade As Execution Is Poorer Than Expected

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 11, 2024 | markets.businessinsider.com

Maintaining Hold on Thoughtworks Amid Underwhelming Q4 Performance and Downbeat 2024 Outlook

March 11, 2024 | realmoney.thestreet.com

Thoughtworks price target lowered by $2.25 at Citi, here's why

March 3, 2024 | prnewswire.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Thoughtworks Holding, Inc. - TWKS

March 2, 2024 | markets.businessinsider.com

ROSEN, NATIONAL TRIAL LAWYERS, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

March 1, 2024 | uk.finance.yahoo.com

MetalX Selects Thoughtworks for Legacy Modernization and New Product Delivery

February 29, 2024 | markets.businessinsider.com

ROSEN, NATIONAL TRIAL COUNSEL, Encourages Thoughtworks Holding, Inc. Investors to Inquire About Securities Class Action Investigation - TWKS

February 29, 2024 | seekingalpha.com

Thoughtworks Holding (TWKS) Q4 2023 Earnings Call Transcript

February 28, 2024 | tmcnet.com

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

February 28, 2024 | markets.businessinsider.com

Buy Rating for Thoughtworks Holding Affirmed Amidst Growth Potential and Market Positioning

February 28, 2024 | markets.businessinsider.com

Where Thoughtworks Holding Stands With Analysts

February 28, 2024 | finance.yahoo.com

Thoughtworks Holding, Inc. (NASDAQ:TWKS) Q4 2023 Earnings Call Transcript

February 28, 2024 | businesswire.com

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

February 28, 2024 | businesswire.com

The Law Offices of Frank R. Cruz Continues Investigation of Thoughtworks Holding, Inc. (TWKS) on Behalf of Investors

February 28, 2024 | seekingalpha.com

Thoughtworks sess rating cut at William Blair on growth challenges

February 28, 2024 | msn.com

Thoughtworks sees rating cut at William Blair on growth challenges

February 28, 2024 | finance.yahoo.com

What Is Thoughtworks Holding, Inc.'s (NASDAQ:TWKS) Share Price Doing?

February 28, 2024 | markets.businessinsider.com

Maintaining Hold on Thoughtworks: Navigating Post-Restructuring Challenges and Revised Financial Forecasts

February 27, 2024 | fool.com

Why Thoughtworks Stock Is Crashing Today

See More Headlines

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Company Calendar

Last Earnings: 2/27/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/14/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Business Services
Industry: Custom computer programming services
Sub-Industry: N/A
Current Symbol: NASDAQ:TWKS
CUSIP: N/A
CIK: 1866550
Web: www.thoughtworks.com
Phone: 312-373-1000
Fax: N/A
Employees: 10,500
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.08
High Stock Price Target: $6.00
Low Stock Price Target: $3.40
Potential Upside/Downside: +125.8%
Consensus Rating: Hold
Rating Score (0-4): 2.14
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.22)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-68,660,000.00
Net Margins: -6.09%
Pretax Margin: -3.83%
Return on Equity: -2.46%
Return on Assets: -1.44%

Debt

Debt-to-Equity Ratio: 0.37
Current Ratio: 2.69
Quick Ratio: 2.69

Sales & Book Value

Annual Sales: $1.13 billion
Price / Sales: 0.64
Cash Flow: $0.03 per share
Price / Cash Flow: 85.44
Book Value: $2.43 per share
Price / Book: 0.93

Miscellaneous

Outstanding Shares: 322,730,000
Free Float: 310,146,000
Market Cap: $726.14 million
Optionable: Optionable
Beta: 0.99

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Key Executives

Mr. Xiao Guo (Age 50)
CEO & Director
Comp: $964.99k
Ms. Erin Cummins (Age 44)
Chief Financial Officer
Comp: $643.44k
Mr. Christopher Gerard Murphy (Age 52)
Chief Revenue & Client Officer
Comp: $734.11k
Ms. Joanna Parke (Age 45)
Chief Talent & Operating Officer
Ms. Rachel Laycock
Chief Technology Officer
Mr. Martin Fowler
Chief Scientist
Mr. Robert Thaddeus Muller C.F.A.
Global Head of Investor Relations
Ms. Ramona Mateiu (Age 45)
Chief Legal Officer & Chief Compliance Officer
Ms. Julie Woods-Moss (Age 59)
Chief Marketing Officer
Mr. Chad-Affonso Wathington (Age 45)
Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TWKS Stock Analysis - Frequently Asked Questions

Should I buy or sell Thoughtworks stock right now?: 7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Thoughtworks in the last twelve months. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TWKS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TWKS, but not buy additional shares or sell existing shares.
View TWKS analyst ratings or view top-rated stocks.
What is Thoughtworks' stock price target for 2024?: 7 Wall Street analysts have issued 1 year price targets for Thoughtworks' stock. Their TWKS share price targets range from $3.40 to $6.00. On average, they predict the company's stock price to reach $5.08 in the next twelve months. This suggests a possible upside of 123.8% from the stock's current price.
View analysts price targets for TWKS or view top-rated stocks among Wall Street analysts.
How have TWKS shares performed in 2024?: Thoughtworks' stock was trading at $4.81 at the beginning of 2024. Since then, TWKS stock has decreased by 52.8% and is now trading at $2.27.
View the best growth stocks for 2024 here.
When is Thoughtworks' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our TWKS earnings forecast.

How were Thoughtworks' earnings last quarter?: Thoughtworks Holding, Inc. (NASDAQ:TWKS) released its quarterly earnings results on Tuesday, February, 27th. The company reported ($0.04) earnings per share for the quarter. The business had revenue of $252.39 million for the quarter, compared to analysts' expectations of $268.34 million. Thoughtworks had a negative net margin of 6.09% and a negative trailing twelve-month return on equity of 2.46%.
What guidance has Thoughtworks issued on next quarter's earnings?: Thoughtworks updated its FY24 earnings guidance on Tuesday, February, 27th. The company provided earnings per share (EPS) guidance of $0.01-0.06 for the period, compared to the consensus estimate of $0.22. The company issued revenue guidance of $980 million to $1.01 billion, compared to the consensus revenue estimate of $1.12 billion.
When did Thoughtworks IPO?: Thoughtworks (TWKS) raised $700 million in an IPO on Wednesday, September 15th 2021. The company issued 36,842,106 shares at a price of $18.00-$20.00 per share.
How do I buy shares of Thoughtworks?: Shares of TWKS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TWKS) was last updated on 4/16/2024 by MarketBeat.com Staff

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Thoughtworks (TWKS) Stock Price, News & Analysis

Thoughtworks MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Thoughtworks Stock (NASDAQ:TWKS)

TWKS Stock Price History

TWKS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TWKS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™