Hoping to avoid the pitfalls suffered by Facebook last year, analysts agree that the upcoming Twitter IPO stock price appears to be priced right with a conservative valuation of the social media giant at about $10 billion.
The Twitter IPO stock price is expected to open at about $18.50 per share, and if it reaches $20 on opening day, the Twitter IPO could raise about $1.6 Billion for the company. Twitter will be offering roughly 12% of its shares to those looking to buy Twitter stock in the IPO.
For those wondering how to buy Twitter IPO stock, in the filing with the SEC, Twitter indicated that it plans to sell between 70 million to 80.5 million shares of stock, priced at $17 to $20 per share.
Twitter IPO Date: With the current roadshow for investors scheduled to run through the early part of November, analysts expect to see a Twitter IPO date in mid-November.
Goldman Sachs and Morgan Stanly are among the banks underwriting the Twitter IPO. The two have the option to buy an extra 10.5 million shares of Twitter IPO stock, in addition to the 70 million scheduled for the IPO.
According to reports, the Twitter pre-IPO stock trading has been vigorous, suggesting that the company may be valued as high as $15 billion.