Robert W. Baird Sticks to Its Hold Rating for Thoughtworks Holding (TWKS)

Robert W. Baird analyst David Koning maintained a Hold rating on Thoughtworks Holding (TWKSResearch Report) on April 27 and set a price target of $25.00. The company’s shares closed last Thursday at $19.72, close to its 52-week low of $17.79.

According to, Koning is a 5-star analyst with an average return of 7.3% and a 59.1% success rate. Koning covers the Technology sector, focusing on stocks such as TELUS International (CDA), Jack Henry & Associates, and Fidelity National Info.

Thoughtworks Holding has an analyst consensus of Moderate Buy, with a price target consensus of $27.29.

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Based on Thoughtworks Holding’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $287 million and GAAP net loss of $35.13 million. In comparison, last year the company earned revenue of $197 million and had a net profit of $21.88 million.

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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.

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