Twist Bioscience: Strong Performance In A Soft Market [Seeking Alpha]
Twist Bioscience Corporation (TWST)
Last twist bioscience corporation earnings: 2/6 04:05 pm
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Source: Seeking Alpha
Growth was somewhat exaggerated by lumpy NGS revenue, but overall the business is progressing well, particularly from a profitability perspective. Twist's share price has increased significantly in recent months, which probably means that near-term upside is limited. Twist Bioscience ( NASDAQ: TWST ) recently reported strong results in Q1 FY2024, particularly given how tepid the demand environment is. While some of this strength is a mirage created by lumpy NGS revenue, Twist's business continues to scale and progress towards cash flow breakeven. The stock may not look particularly cheap given its rise over the past 3 months, but it should be kept in mind that both the Biopharma and Data Storage businesses have significant potential, which isn't currently reflected in the company's financial performance. I am not counting on further multiple expansion in the near-term, but the scale up of Express Genes, a healthier demand environment, the resolution of Biopharma issues and the
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TWST
News
- Twist Bioscience: NGS Is Taking Off [Seeking Alpha]Seeking Alpha
- Twist Bioscience Co. (NASDAQ: TWST) had its price target raised by analysts at Evercore ISI from $46.00 to $50.00. They now have an "outperform" rating on the stock.MarketBeat
- Twist Bioscience Co. (NASDAQ: TWST) had its price target raised by analysts at Barclays PLC from $40.00 to $45.00. They now have an "overweight" rating on the stock.MarketBeat
- Twist Bioscience Corporation (NASDAQ:TWST) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Twist Bioscience Co. (NASDAQ: TWST) had its price target raised by analysts at Robert W. Baird from $39.00 to $40.00. They now have an "outperform" rating on the stock.MarketBeat
TWST
Earnings
- 5/2/24 - Beat
TWST
Sec Filings
- 5/3/24 - Form 144
- 5/3/24 - Form 144
- 5/3/24 - Form 144
- TWST's page on the SEC website