On October 27, 2022, Elon Musk, the CEO of Tesla, completed his purchase of Twitter (TWTR) for a price of $54.20 per share. This acquisition marked the end of the social media giant’s time as a publicly traded company, making it a privately held one. The news of this transaction came after months of speculation and back-and-forth rumors.
Earlier in the year, on April 4, Musk invested $2.89 billion to take a 9.2 percent stake in Twitter, making him the company’s largest stakeholder. His purchase of 73.5 million shares on October 27 brought the investment’s book value to $3.94 billion.
With all these recent developments surrounding Twitter, investors are understandably curious about what the future holds for the company. One question on many people’s minds is what the stock forecast for the coming years will be.
Twitter Stock Price History
Twitter made its debut on the stock market with its initial public offering (IPO) on November 7, 2013, with shares priced at $26 each. The stock price reached a peak of $69.63 per share in December of that year, but then began a downward trend, eventually falling to a low of $14.12 per share in May 2014.
For several years following this, the stock price fluctuated between $20 and $40 per share, before reaching a high of $52.87 in December 2016. However, the stock price then dropped and reached a low of $26.19 per share in December 2018. After that, the stock price began a steady increase and reached a high of $74.73 per share in December 2019. However, since then, the stock price has fluctuated.
Twitter Stock Forecast 2023-2060
|Predicted Years||Minimum Price||Average Price||Maximum Price|
Twitter Stock Forecast For 2023
Twitter’s stock price projection is $53 per share. The minimum price that can be expected is $50 and the maximum price is $60, considering that prices have been trending downward.
Twitter Stock Forecast For 2024
the highest possible Twitter stock price could be $100. This price may only emerge if 2023 is a banner year for the company. Moreover, the price might go as low as $80 and have an average price of $92.
Twitter Stock Forecast For 2025
the price of TWTR stock may be between $120 to $137, with the upper end of the range representing the most likely scenario. The market might see a higher price range or even a new all-time high. Nevertheless, there’s still a chance that the stock price may rise above this price if the market remains hopeful. By 2025, Twitter’s average price might be $155.
Twitter Stock Forecast For 2030
according to the current state of the economy and the anticipated appointment of Elon Musk as the new CEO, market analysts have a very bullish outlook on the price of the TWTR stock. Therefore, we expect the price level of one share to reach as high as $191 in 2030. On average, the price could be $186, and the lowest could be $180.
Twitter Stock Forecast For 2035
due to market growth and expansion, it is expected that by 2035, the price of TWTR stock could fall between $200 and $250, depending on the exact scenario. If the market continues to perform well until 2030 has passed, there is a good chance that it could reach this target with an average price of $225.
Twitter Stock Forecast For 2040
the price of Twitter’s stock may reach an all-time high, considering the massive growth of the stock market. In addition, the price at which it may be purchased could be as low as $280 or as expensive as $320. As a result, we should prepare ourselves for the possibility that the price of Twitter could be approximately $300 on average.
Twitter Stock Forecast For 2050
there is a possibility that 2050 could be a pivotal year for Twitter due to its rising popularity. If this is the case, the price of a share of TWTR stock might range from $403 to $466, with $433 representing its average price.
Twitter Stock Forecast For 2060
it is hard to predict the price of Twitter in 2060; however, market experts say that it could have an average price of $580. Therefore, one share of Twitter might range from $560 to $600.
Is Twitter a Buy or Sell?
Based on the results of our research, it is important for investors to stay informed about the current prices of stocks. One way to do this is to hold onto shares rather than selling them, as this can help to prevent financial losses when the value of the stock is lower than the original investment cost. This is known as the cost basis. By keeping track of stock prices and making informed decisions about when to buy and sell, investors can potentially maximize their returns and minimize their losses.
Is Twitter a Good Stock To Buy?
Determining whether or not to invest in Twitter stock can be challenging. Both in the short term and long term, the outlook for the company is uncertain. This is due in part to Twitter’s past performance of inconsistent profitability and the stock’s current valuation, which can be considered a high-risk investment.
It is worth noting that the current stock price remains substantially lower than the $54.20 level offered by Musk. This means that there is a potential for investors to make a return if they choose to buy the stock at today’s price. However, it is important to conduct thorough research and proceed with caution when making any investment decisions. It’s always wise to assess the risk and potential return before investing in any stock.
The information in this article is solely the author’s opinion and does not constitute investment advice; it is provided solely for educational purposes. By using this, you acknowledge that the information does not constitute investment or financial advice. Before making any investment decisions, do your own research and consult with financial advisors.