TWKS stock icon

Thoughtworks
TWKS

$3.10
3.93%

Market Cap: 1B

 

About: 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. Its global service lines include Enterprise Modernization, Platforms and Cloud; Customer Experience, Product and Design; Data and Artificial Intelligence (AI), and Digital Transformation and Operations. Geographically, it derives a majority of its revenue from North America and also has a presence in APAC; Europe, and LATAM.

Employees: 10,760

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 9 analysts
0
News positive %
of 27 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

1,670% more call options, than puts

Call options by funds: $531K | Put options by funds: $30K

24% more repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 38

22% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 23

4% more funds holding

Funds holding: 119 [Q4 2023] → 124 (+5) [Q1 2024]

0.55% more ownership

Funds ownership: 28.66% [Q4 2023] → 29.21% (+0.55%) [Q1 2024]

46% less capital invested

Capital invested by funds: $439M [Q4 2023] → $239M (-$201M) [Q1 2024]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q4 2023] → 1 (-1) [Q1 2024]

Research analyst outlook

9 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$2.50
19%
downside
Avg. target
$3.79
22%
upside
High target
$6
94%
upside

9 analyst ratings

positive
22%
neutral
67%
negative
11%
Citigroup
Ashwin Shirvaikar
11%downside
$2.75
Neutral
Maintained
12 Jul 2024
Goldman Sachs
James Schneider
19%downside
$2.5
Sell
Initiated
24 Jun 2024
Citigroup
Ashwin Shirvaikar
5%upside
$3.25
Neutral
Maintained
8 May 2024
Wedbush
Moshe Katri
94%upside
$6
Outperform
Reiterated
8 May 2024
Baird
David Koning
94%upside
$6
Outperform
Maintained
8 May 2024

Financial journalist opinion

Based on 27 articles about TWKS published over the past 30 days