Twitter (TWTR) now has more than just a handful of analysts covering the stock. In fact, there are now 25 analysts with ratings on Twitter. So how does the TWTR coverage compare with other stocks in the Internet group?
Below is a detailed look at analyst ratings for the 20 largest Internet stocks. For each stock, we highlight its YTD change, its average analyst price target and current distance from that target, the number of analysts covering it, and its percentage of Buy, Sell and Hold ratings.
First looking at Twitter, the stock has not gotten a lot of love from the analyst community so far. As shown, the stock's average price target is currently $39.95, which is 11.6% below where the stock is currently trading. Of the 25 analysts covering the company, 36% have Buy ratings, 24% have Sell ratings and 40% have Hold ratings.
As shown, priceline.com (PCLN) and Facebook (FB) are currently the most loved stocks in the Internet group with more than 85% Buy ratings. Neither stock has a Sell rating out of 78 total ratings between the two! Other stocks like eBay (EBAY), Amazon.com (AMZN) and Google (GOOG) rank towards the top of the list as well with more than 70% Buy ratings. Pandora (P) is just about even with 51.7% Buy ratings and a price target only 6.88% above where it's currently trading.
Along with Twitter, you may be surprised to see some of the other stocks that are not loved in the group. With gains of roughly 100% year-to-date, both Yahoo! (YHOO) and TripAdvisor (TRIP) have less than 50% Buy ratings and price targets below where they are currently trading. VeriSign (VRSN) and Groupon (GRPN) are both up nicely year-to-date as well, but only a third of the analysts covering them have Buy ratings.
The biggest standout on the list is Netflix (NFLX), however. Even though the stock has been one of the top performers in the market this year, only 15.4% of the 39 analysts covering the name rate it a Buy, while 20.5% have Sells and 64% have Holds. Netflix CEO Reed Hastings must be grinning ear to ear when he gets on analyst conference calls this year. He's certainly had the last laugh in 2013.