![]() TWTR's Stock Price Performance For The Past One MonthĮlon Musk revealed that he had a 9.2% equity interest in Twitter with a 13G filing on Monday April 4, 2022, and this led TWTR's shares to rise +27% from $39.31 as of Apto $49.97 at the end of the day itself.Īt that point in time, there were huge expectations that Elon Musk could possibly take a board seat and play a key role in driving positive change at Twitter in areas like user monetization, content moderation policies and new product innovation. This is largely attributable to the actions of Elon Musk, who is also likely determine whether TWTR's stock price will continue to rise going forward. ![]() Twitter's share price has outperformed the S&P 500 by a significant margin in the last one month as per the chart below. As such, a Hold rating or a Neutral view for TWTR is appropriate. ![]() Twitter is unlikely to deliver a substantial revenue beat for Q1 2022 and Elon Musk's buyout offer needs to cross significant hurdles to have a decent chance of being successful. I am rating Twitter's shares as a Hold, as I see TWTR's shares heading nowhere (i.e. The first is Elon Musk's proposed takeover of TWTR announced on April 14 the second is a preview of the company's upcoming Q1 2022 earnings release on April 28. With my latest update, I evaluate Twitter's 2022 share price outlook in view of two key developments. I last wrote about TWTR in an article published on February 18, 2022, where I reviewed its Q4 2021 earnings. I retain a Hold investment rating for Twitter, Inc. Sundry Photography/iStock Editorial via Getty Images Elevator Pitch ![]()
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