RBC Capital analyst Daniel Perlin maintained a Hold rating on Thoughtworks Holding (TWKS – Research Report) on November 7 and set a price target of $6.00. The company’s shares closed yesterday at $3.89.
According to TipRanks, Perlin is a 2-star analyst with an average return of 0.2% and a 41.32% success rate. Perlin covers the Financial sector, focusing on stocks such as Shift4 Payments, Broadridge Financial Solutions, and Fiserv.
Thoughtworks Holding has an analyst consensus of Hold, with a price target consensus of $5.30, which is a 36.25% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a $4.50 price target.
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Based on Thoughtworks Holding’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $287.22 million and a GAAP net loss of $12.27 million. In comparison, last year the company earned a revenue of $332.11 million and had a GAAP net loss of $39.31 million
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Thoughtworks Holding (TWKS) Company Description:
Thoughtworks Holding Inc is a global technology consultancy that integrates strategy, design and software engineering to enable enterprises and technology disruptors across the globe to thrive as modern digital businesses.
Read More on TWKS:
- Thoughtworks raises FY23 EPS view to 12c-14c from 11c-13c, consensus 13c
- Thoughtworks sees Q4 adjusted EPS 2c-4c, consensus 4c
- Thoughtworks reports Q3 EPS 4c, consensus 3c
- Thoughtworks downgraded to Peer Perform from Outperform at Wolfe Research
- Thoughtworks modernizes financial operations with Stripe
