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How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
S&P 500   5,149.42
DOW   38,790.43
QQQ   437.48
3 Large-Cap Stocks Buying Back Shares Aggressively
Semis, Nvidia Set for Big Moves as GTC Conference Kicks Off
Here’s Why Bitcoin Miners Stopped Rising With Bitcoin Prices
2 Deep Value, High Yield Stocks With a Double-Digit Upside
3 Stocks About to Boom on Unusual Call Option Volume
How major US stock indexes fared Monday, 3/18/2024
Oil Prices Up Again, Should You Buy This Time?
NASDAQ:TWKS

Thoughtworks (TWKS) Stock Price, News & Analysis

$2.44
-0.02 (-0.81%)
(As of 03/18/2024 ET)
Today's Range
$2.44
$2.51
50-Day Range
$2.44
$5.15
52-Week Range
$2.44
$8.41
Volume
573,920 shs
Average Volume
858,332 shs
Market Capitalization
$787.46 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.08

Thoughtworks MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
108.2% Upside
$5.08 Price Target
Short Interest
Bearish
4.01% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of Thoughtworks in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$80,025 Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.03) to $0.11 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.

2.48 out of 5 stars

Business Services Sector

168th out of 311 stocks

Custom Computer Programming Services Industry

13th out of 26 stocks

TWKS stock logo

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

TWKS Stock News Headlines

Altcoin FRENZY Alert…
Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days…
Thoughtworks price target lowered by $2.25 at Citi, here's why
They said crypto was dead. It went up 100X.
Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.
Where Thoughtworks Holding Stands With Analysts
Why Thoughtworks Stock Is Crashing Today
3 Under-$5 Deep Value Stocks That You've Never Heard Of
See More Headlines
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Company Calendar

Last Earnings
11/07/2023
Today
3/18/2024
Next Earnings (Estimated)
5/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Custom computer programming services
Sub-Industry
N/A
Current Symbol
NASDAQ:TWKS
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
+108.2%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$-68,660,000.00
Pretax Margin
-3.83%

Debt

Sales & Book Value

Annual Sales
$1.13 billion
Cash Flow
$0.03 per share
Book Value
$2.43 per share

Miscellaneous

Free Float
310,146,000
Market Cap
$787.46 million
Optionable
Optionable
Beta
1.03
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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

TWKS Stock Analysis - Frequently Asked Questions

Should I buy or sell Thoughtworks stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Thoughtworks in the last year. There are currently 6 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 equities research analysts have issued 1 year price objectives for Thoughtworks' stock. Their TWKS share price targets range from $3.40 to $6.00. On average, they predict the company's share price to reach $5.08 in the next twelve months. This suggests a possible upside of 108.2% 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 on January 1st, 2024. Since then, TWKS shares have decreased by 49.3% and is now trading at $2.44.
View the best growth stocks for 2024 here
.

Are investors shorting Thoughtworks?

Thoughtworks saw a increase in short interest in the month of February. As of February 29th, there was short interest totaling 3,370,000 shares, an increase of 43.4% from the February 14th total of 2,350,000 shares. Based on an average daily volume of 837,200 shares, the short-interest ratio is presently 4.0 days. Currently, 4.0% of the company's shares are short sold.
View Thoughtworks' Short Interest
.

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) announced its quarterly earnings results on Tuesday, November, 7th. The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.02. The business had revenue of $280.20 million for the quarter, compared to analysts' expectations of $277.88 million. Thoughtworks had a negative net margin of 6.09% and a negative trailing twelve-month return on equity of 2.46%. The firm's revenue for the quarter was down 15.7% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.05) earnings per share.

What ETF holds Thoughtworks' stock?

Franklin Exponential Data ETF holds 1,328 shares of TWKS stock, representing 0.23% of its portfolio.

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

Thoughtworks issued an update on its FY24 earnings guidance on Tuesday, February, 27th. The company provided 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?

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

Who are Thoughtworks' major shareholders?

Thoughtworks' stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.56%), Vanguard Group Inc. (3.51%), Massachusetts Financial Services Co. MA (3.14%), Mubadala Investment Co PJSC (2.41%), Summit Creek Advisors LLC (0.42%) and Northern Trust Corp (0.30%). Insiders that own company stock include Angela Ferguson, Christopher Gerard Murphy, Erin Cummins, Guo Xiao, Joanna Parke and Sai Krishna Mandapaty.
View institutional ownership trends
.

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 3/19/2024 by MarketBeat.com Staff

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