Twilio (NYSE:TWLO) Sets New 12-Month High - Here's Why

Key Points

• Twilio shares reached a new 52-week high of $308.40 during Wednesday trading, amid strong upward momentum and a market capitalization of approximately $42.85 billion.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $250.39, while recent firms raised targets as high as $290.
• Twilio exceeded quarterly expectations, reporting $1.47 in adjusted EPS versus $1.32 expected and $1.50 billion in revenue, up 22% year over year. However, insiders sold more than $130.6 million of stock over the past three months.

Twilio Inc. (NYSE:TWLO - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $308.40 and last traded at $279.03, with a volume of 4047255 shares trading hands. The stock had previously closed at $300.91.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Oppenheimer boosted their target price on Twilio from $235.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Rosenblatt Securities lifted their price target on Twilio from $275.00 to $290.00 and gave the company a "buy" rating in a research report on Tuesday, September 22nd. Tigress Financial boosted their price objective on Twilio from $170.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, June 11th. Weiss Ratings upgraded shares of Twilio from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, September 29th. Finally, Jefferies Financial Group restated a "buy" rating and issued a $240.00 price objective on shares of Twilio in a research report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Twilio currently has a consensus rating of "Moderate Buy" and an average target price of $250.39.

Twilio Stock Performance

The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. The company has a fifty day moving average price of $241.75 and a 200 day moving average price of $200.30. The stock has a market cap of $42.85 billion, a PE ratio of 38.86, a P/E/G ratio of 6.17 and a beta of 1.35.

Twilio (NYSE:TWLO - Get Free Report) last issued its earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.15. Twilio had a return on equity of 5.09% and a net margin of 20.61%.The company had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the prior year, the business posted $1.19 EPS. Twilio's quarterly revenue was up 22.0% compared to the same quarter last year. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Analysts expect that Twilio Inc. will post 3.12 earnings per share for the current year.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 13,898 shares of the business's stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $294.08, for a total value of $4,087,123.84. Following the transaction, the chief executive officer owned 193,305 shares in the company, valued at approximately $56,847,134.40. The trade was a 6.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Andrew Stafman sold 500,000 shares of the company's stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the transaction, the director directly owned 120,000 shares of the company's stock, valued at approximately $29,649,600. This trade represents a 80.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 524,376 shares of company stock worth $130,630,590 in the last three months. 0.21% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TWLO. Plato Investment Management Ltd bought a new stake in Twilio in the second quarter valued at $1,637,000. Assenagon Asset Management S.A. lifted its position in shares of Twilio by 67.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company's stock worth $24,880,000 after purchasing an additional 48,742 shares during the period. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in shares of Twilio in the 1st quarter worth about $4,288,000. Chase Investment Counsel Corp bought a new stake in shares of Twilio during the 1st quarter valued at about $8,451,000. Finally, Nykredit A S bought a new stake in shares of Twilio during the 2nd quarter valued at about $10,514,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

About Twilio

Twilio Inc is a communications technology company that provides a cloud-based platform for businesses to engage with customers through digital channels. Its software and application programming interfaces (APIs) support communications capabilities such as voice calling, messaging, video, email, authentication and contact-center interactions.

The company's offerings include programmable communications services, customer data and engagement tools, and contact-center solutions. Twilio also provides email services through SendGrid and customer data platform capabilities through Segment, which it acquired in 2020.

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