TWKS stock icon

Thoughtworks
TWKS

$4.38
0.23%

Market Cap: $1.42B

 

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: 10,761

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

16,750% more call options, than puts

Call options by funds: $337K | Put options by funds: $2K

78% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 32

14% more capital invested

Capital invested by funds: $240M [Q1] → $273M (+$32.7M) [Q2]

0.36% more ownership

Funds ownership: 29.39% [Q1] → 29.75% (+0.36%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

3% less funds holding

Funds holding: 124 [Q1] → 120 (-4) [Q2]

18% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 22

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$2.50
43%
downside
Avg. target
$3.51
20%
downside
High target
$4.40
0%
upside

4 analyst ratings

positive
0%
neutral
75%
negative
25%
Piper Sandler
Arvind Ramnani
54% 1-year accuracy
33 / 61 met price target
0%upside
$4.40
Neutral
Maintained
6 Aug 2024
Baird
David Koning
59% 1-year accuracy
17 / 29 met price target
0%upside
$4.40
Neutral
Downgraded
6 Aug 2024
Citigroup
Ashwin Shirvaikar
67% 1-year accuracy
28 / 42 met price target
37%downside
$2.75
Neutral
Maintained
12 Jul 2024
Goldman Sachs
James Schneider
71% 1-year accuracy
10 / 14 met price target
43%downside
$2.50
Sell
Initiated
24 Jun 2024

Financial journalist opinion

Based on 71 articles about TWKS published over the past 30 days