There may be speculation bubbling about potential buyers for Twitter, but Michael Pachter said the company isn't going to be taken over anytime soon.
"I think these guys are going to be left to muddle on their own and prove out the business model," the managing director of equity research for Wedbush Securities said in an interview with CNBC's " Closing Bell " on Thursday.
There are no bids on the table for the embattled social media company, whose board of directors met Thursday. And according to sources who spoke with CNBC's Julia Boorstin , CEO Jack Dorsey only has a few more quarters to fix the company's problems.
While Patcher sees no bidders for the company at the moment, he thinks when the time is right a strategic buyer could be Facebook . That's because Twitter is an instant source of news.
"I think Facebook really wants to be a media company, and that's the one aspect of media that they're really sorely lacking," he said.
Google and Apple could be potential buyers at some point, and Microsoft could buy Twitter just because it can, he said. But right now, Twitter's business model is slightly broken and in need of a fix.
"Twitter has to figure out what they want to be when they grow up, and what they should want to be is the first source of news for everybody," Pachter said.
"I think you give Dorsey another year and let him fix it. If he doesn't, get somebody in there who can," he said.
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