TWTR – Market expectations are for Uniform ROA expansion, but management may have concerns about their product initiatives and monetization

December 13, 2021

  • Twitter, Inc. (TWTR) currently trades above corporate and historical averages relative to Uniform earnings, with a 33.2x Uniform P/E (Fwd. V/E’).
  • At these levels, markets are pricing in expectations for Uniform ROA to expand to 15%, accompanied by 5% Uniform asset growth.
  • Meanwhile, analysts expect Uniform ROA to fade to 8% in 2022, accompanied by 19% Uniform asset growth.
  • If sustained going forward, these levels would imply a stock price closer to $41, representing approximately 5% equity downside for the firm.
  • Moreover, the firm’s most recent earnings call suggests management may have concerns about their product initiatives and monetization.

You don’t have access to the Valens Research Premium Application.

To get access to our best content including the highly regarded Conviction Long List and Market Phase Cycle macro newsletter, please contact our Client Relations Team at 630-841-0683 or email

Please fill out the fields below so that our client relations team can contact you

Or contact our Client Relationship Team at 630-841-0683