Weekly Research Analysts’ Ratings Updates for Twilio (TWLO)

Several brokerages have updated their recommendations and price targets on shares of Twilio (NYSE: TWLO) in the last few weeks:

• 6/28/2024 – Twilio is now covered by analysts at Tigress Financial. They set a “buy” rating and a $75.00 price target on the stock.
• 6/25/2024 – Twilio was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 6/16/2024 – Twilio was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 6/14/2024 – Twilio was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $60.00 price target on the stock, down previously from $70.00.
• 6/8/2024 – Twilio was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 5/31/2024 – Twilio was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 5/22/2024 – Twilio was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 5/20/2024 – Twilio had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $71.00 price target on the stock.
• 5/9/2024 – Twilio was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 5/8/2024 – Twilio had its price target raised by analysts at Piper Sandler from $78.00 to $79.00. They now have an “overweight” rating on the stock.
• 5/8/2024 – Twilio had its price target lowered by analysts at Macquarie from $69.00 to $63.00. They now have a “neutral” rating on the stock.
• 5/8/2024 – Twilio had its price target lowered by analysts at Robert W. Baird from $70.00 to $65.00. They now have a “neutral” rating on the stock.
• 5/8/2024 – Twilio had its price target lowered by analysts at Sanford C. Bernstein from $70.00 to $68.00. They now have a “market perform” rating on the stock.
• 5/8/2024 – Twilio had its price target lowered by analysts at Canaccord Genuity Group Inc. from $90.00 to $85.00. They now have a “buy” rating on the stock.
• 5/8/2024 – Twilio had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $71.00 price target on the stock.

Twilio Stock Performance

Shares of NYSE:TWLO opened at $56.81 on Monday. The company has a market capitalization of $9.72 billion, a price-to-earnings ratio of -14.17, a P/E/G ratio of 9.59 and a beta of 1.34. The firm’s 50 day simple moving average is $58.49 and its 200 day simple moving average is $63.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 6.55 and a quick ratio of 6.55. Twilio Inc. has a fifty-two week low of $49.86 and a fifty-two week high of $78.16.

Twilio (NYSE:TWLO) last posted its earnings results on Tuesday, May 7th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.15. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. Twilio had a negative return on equity of 0.89% and a negative net margin of 17.37%. As a group, sell-side analysts forecast that Twilio Inc. will post 0.18 earnings per share for the current year.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 24,657 shares of the business’s stock in a transaction that occurred on Friday, June 7th. The stock was sold at an average price of $57.00, for a total value of $1,405,449.00. Following the sale, the chief executive officer now owns 311,325 shares in the company, valued at approximately $17,745,525. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, CEO Khozema Shipchandler sold 24,657 shares of Twilio stock in a transaction dated Friday, June 7th. The stock was sold at an average price of $57.00, for a total value of $1,405,449.00. Following the sale, the chief executive officer now owns 311,325 shares of the company’s stock, valued at $17,745,525. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 3,375 shares of the stock in a transaction that occurred on Thursday, April 4th. The shares were sold at an average price of $60.79, for a total value of $205,166.25. Following the transaction, the chief financial officer now directly owns 231,036 shares of the company’s stock, valued at $14,044,678.44. The disclosure for this sale can be found here. Insiders have sold 30,625 shares of company stock valued at $1,770,359 in the last 90 days. 4.50% of the stock is currently owned by company insiders.

Institutional Trading of Twilio

Institutional investors and hedge funds have recently bought and sold shares of the business. EULAV Asset Management lifted its position in Twilio by 40.9% during the first quarter. EULAV Asset Management now owns 124,000 shares of the technology company’s stock worth $7,583,000 after acquiring an additional 35,972 shares during the last quarter. Goldentree Asset Management LP acquired a new stake in Twilio during the 1st quarter worth approximately $31,745,000. Cetera Advisors LLC grew its holdings in Twilio by 157.3% in the 1st quarter. Cetera Advisors LLC now owns 13,990 shares of the technology company’s stock valued at $855,000 after buying an additional 8,553 shares in the last quarter. Cetera Investment Advisers increased its position in Twilio by 116.5% during the 1st quarter. Cetera Investment Advisers now owns 55,878 shares of the technology company’s stock worth $3,417,000 after buying an additional 30,071 shares during the period. Finally, PGGM Investments acquired a new stake in shares of Twilio during the first quarter worth $240,000. Institutional investors own 84.27% of the company’s stock.

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.