Should You Buy Twitter After its Post-Earnings Pop?
Shares of Twitter (NYSE: TWTR) recently surged more than 25% after the struggling social network's third quarter revenue and earnings topped analyst expectations. But even after the big bounce, Twitter remains below its IPO price of $26 -- which it hasn't touched in two years.
Investors also remain divided about Twitter's long-term outlook, with the bulls seeing an inflection point and the bears expecting a brief bounce before a nastier decline. Let's take a closer look at Twitter's third quarter to see which argument makes more sense.
Twitter's mobile app. Image source: Google Play.
Source: Fool.com
Meta Platforms Inc. Stock
€509.90
-1.200%
We see a rather positive sentiment for Meta Platforms Inc. with 11 Buy predictions and 1 Sell predictions.
As a result the target price of 645 € shows a positive potential of 26.5% compared to the current price of 509.9 € for Meta Platforms Inc..
