Is Twitter Worth $44 Billion

Image: Business Insider

​Market Valuation:  $30 Billion 
 
Ironbound Buy-Side Valuation:  $20 Billion
 
Ironbound Assessment:  San Francisco based Twitter, founded in 2006, is a global social networking platform for real-time public self-expression.  Our upside valuation is between $50 and $75 Billion, based on the $5 Billion in sales for 2021 and projected $7.5 Billion target for 2022.  Twitter has numerous lucrative opportunities given their globally entrenched politically influential capabilities.  However, headwinds holding down the valuation are risks with achieving double-digit sales growth.  Long-term growth is rooted in cohesion between stakeholders, which management usually expresses through a commitment in core values – a company’s guiding north star.  Without cohesion, both meaning and purpose can easily be lost.  In Twitter's most recent 10-k financial filings, clearly expressed core values were missing.  In addition, Twitter continues to lag behind the business trend in establishing carbon neutral goals.  A board room wakeup call is needed, until then our position is to wait for the stock to drop below $25 a share before considering engagement.