Social media giant Twitter Inc (NYSE:TWTR) is scheduled to announce second quarter 2015 earnings on Tuesday, July 28, after market close. Analysts are eager for Twitter to announce a replacement for outgoing CEO Dick Costolo and implement new initiatives to make their platform more user-friendly. While they await these changes, Wall Street analysts have been weighing in on Twitter ahead of the company’s earnings with their latest predictions and forecasts. Here are the top 5 analysts who cover Twitter to listen to ahead of earnings:

1. Robert Peck of SunTrust last rated Twitter on June 23, maintaining a Neutral rating on the stock. While Peck acknowledged the company will be on a much more solid footing once a new CEO has been hired, he highlighted a potential declining user base as an issue for Twitter moving forward and potentially harming their Q2 earnings. “The problem is [Twitter] talked about revenues, they talked about EBITDA, but what they didn’t talk about were the user metrics, which we have said publicly, we think actually could decline for the first time ever from Q1 to Q2,” Peck explained. “So, their user base could actually decline.”

Robert Peck has rated Twitter a total of 32 times since 2013, earning a 94% success rate recommending the stock and a +40.8% average return per recommendation when measured over a one-year horizon and no benchmark.

TWITTER

2. Peter Stabler of Wells Fargo last rated Twitter on June 12, maintaining a Market Perform rating on the stock but decreasing his valuation range from between $42 and $44 per share to between $36 and $38. Stabler cited “continued uncertainty on user growth and increased risk of disappointing on third quarter guidance” as the reasons behind his rating.

Peter Stabler has rated Twitter a total of four times since 2010, earning an 100% success rate recommending the stock and an +37.5% average return per recommendation when measured over a one-year horizon and no benchmark.

TWITTER

3. Ben Schachter of Macquarie last rated Twitter on June 12, decreasing his price target from $46 to $40 and maintaining a Neutral rating on the stock. Schachter noted that Costolo’s resignation suggests that Twitter’s micro-blogging platform will continue underachieving. Furthermore, the analyst observed that CEO’s do not typically step aside if the company’s performance is strong; therefore, Costolo’s resignation highlights larger issues at Twitter that will likely harm future earnings. In order to change the trajectory of the company, Schachter emphasized Twitter will have to “significantly improve its execution against its current strategy.”

Ben Schachter has rated Twitter a total of six times since 2010, earning an 100% success rate recommending the stock and a +20.5% average return per recommendation when measured over a one-year horizon and no benchmark.

TWITTER

4. Arvind Bhatia of Sterne Agee CRT last rated Twitter on June 12 following Costolo’s resignation, reiterating a Neutral rating on the stock. Bhatia noted how Costolo had been “under enormous pressure for some time since results, particularly [in] user growth and user engagement, ha[dn’t] met expectations.” The analyst stressed he was not optimistic about the company’s potential progress in Q2 earnings given the expectation that “user growth [will] remain weak in the near term.”

Arvind Bhatia has rated Twitter a total of 10 times since 2010, earning an 100% success rate recommending the stock and an +18.5% average return per recommendation when measured over a one-year horizon and no benchmark.

TWITTER

5. Scott Devitt of Stifel Nicolaus last rated Twitter on May 4, upgrading to a Hold rating on the stock. Devitt laid out “three factors [that] lead [him] to believe that the next leg for Twitter shares may take an extended period, possibly beyond [the] 12-month ratings horizon[:]” 1) the possibility of Google Inc. buying Twitter; 2) a new CEO, which investors believe could help the stock; and 3) product changes, which attract media and investor attention.

Scott Devitt has rated Twitter a total of 12 times since 2009, earning an 100% success rate recommending the stock and an +16.7% average return per recommendation when measured over a one-year horizon and no benchmark.

TWITTER

Out of 28 analysts polled by TipRanks, 10 analysts are bullish on Twitter and 18 are neutral. The average 12-month price target for Twitter is $45.05, marking a 27.19% potential upside from where the stock is currently trading. On average, the all-analyst consensus for Twitter is Hold.