Report
Ali Mogharabi
EUR 98.48 For Business Accounts Only

We believe slowing user growth is likely to limit Twitter's competitive advantages.

We are downgrading our moat rating for Twitter to none from narrow. Twitter’s slowdown in user growth remains a concern, and as the firm continues to invest in product enhancements and live video content, the lack of a turnaround in user growth has made user monetization an increasingly difficult task for the firm. In turn, we have reduced confidence in Twitter’s ability to generate consistent excess returns in the long run. Along with our moat revision, we also lowered our fair value estimate f...
Underlying
Twitter Inc.

Twitter provides products and services for people, organizations, advertisers, developers and platform and data partners. The company's product, Twitter, is a global platform for public self-expression and conversation in real time. The company's mobile application, Periscope, lets anyone broadcast and watch video live with others. The company's products and services for advertisers include Promoted Products such as Promoted Tweets, Promoted Accounts, and Promoted Trends. The company's products for developers and data partners provide tools and public application programming interfaces to build applications and other products that utilize Twitter data and syndicate and distribute Twitter content across their properties.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ali Mogharabi

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch