2U, Inc. (NASDAQ:TWOU) Sees Significant Decrease in Short Interest (2024)

FAQs

Why is twou stock going down? ›

Investors aren't excited about 2U filing for Chapter 11 bankruptcy protection. As a result, the company's shares are down 70.6% as of Thursday morning.

When the short interest of a company increases, it is often a warning sign that the stock sentiment is bearish (negative) and that investors expect the stock price to decline. On the other hand, when it decreases, this provides an indication to investors that the stock sentiment is bullish (positive).

The average one-year price target for 2U, Inc. is $21.42. The forecasts range from a low of $21.21 to a high of $22.05. A stock's price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings.

2U Inc.'s analyst rating consensus is a Hold. This is based on the ratings of 4 Wall Streets Analysts.

2U missed on earnings, revenue and 2024 revenue guidance, sending its stock price tumbling to 34 cents. The company warned that there is doubt about its ability to continue as a “going concern” if it can't raise money or lower its debt. Several analysts have discontinued coverage in recent months.

This can partly be attributed to a delay in the release of its highly anticipated game – Grand Theft Auto 6 – now expected in Fall 2025. The decrease in TTWO stock has been far from consistent. Returns for the stock were -14% in 2021, -41% in 2022, and 55% in 2023.

If short interest on a particular stock is rising, it's often a sign that investors are more bearish on the stock. In other words, a sizable increase in short interest may be a sign that investors are getting ready to sell, and it may be time to liquidate a long position.

Signs of a Short Squeeze

These are: An asset trading near its 52-week lows and the price is much lower than the fair value estimated by experts. The reasons for the gap may be many, but markets eventually correct and settle closer to the fair value.

Search for the stock, click on the Statistics tab, and scroll down to Share Statistics, where you'll find the key information about shorting, including the number of short shares for the company as well as the short ratio.

Largest shareholders include BlackRock Inc., Vanguard Group Inc, Aqr Capital Management Llc, Greenvale Capital LLP, UBS Group AG, D. E. Shaw & Co., Inc., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, IWM - iShares Russell 2000 ETF, Millennium Management Llc, and State Street Corp .

What is the enterprise value of twou? ›

VPU has a consensus rating of Moderate Buy which is based on 37 buy ratings, 28 hold ratings and 2 sell ratings. What is VPU's price target? The average price target for VPU is $167.91.

The 2U stock forecast for tomorrow is $ 1.58, which would represent a 0.00% gain compared to the current price. In the next week, the price of TWOU is expected to increase by 11.51% and hit $ 1.761871.

2U Inc (2U) is an online education platform company that offers online education technology solutions. The company offers open courses, executive education offerings, boot camps, professional certificates, and undergraduate and graduate degree programs.

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