Analysts Set Twilio Inc. (NYSE:TWLO) Target Price at $126.39

Shares of Twilio Inc. (NYSE:TWLO - Get Free Report) have been given a consensus rating of "Moderate Buy" by the twenty-five research firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation, sixteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $126.39.

Several equities analysts have weighed in on TWLO shares. Jefferies Financial Group set a $132.00 price target on shares of Twilio and gave the company a "hold" rating in a report on Sunday, June 15th. Mizuho lowered their price target on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. JMP Securities reaffirmed a "market outperform" rating and set a $165.00 price target on shares of Twilio in a report on Tuesday, April 29th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price target on shares of Twilio in a report on Friday, May 16th. Finally, HSBC raised shares of Twilio from a "reduce" rating to a "hold" rating and lifted their price target for the company from $77.00 to $99.00 in a report on Monday, May 5th.

Insider Buying and Selling

In related news, CFO Aidan Viggiano sold 7,524 shares of the business's stock in a transaction on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $721,401.12. Following the sale, the chief financial officer now owns 176,640 shares in the company, valued at approximately $16,936,243.20. The trade was a 4.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 14,545 shares of the business's stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $91.61, for a total transaction of $1,332,467.45. Following the completion of the sale, the chief executive officer now owns 280,589 shares in the company, valued at $25,704,758.29. This represents a 4.93% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 48,884 shares of company stock worth $4,719,065. Insiders own 0.21% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of TWLO. Brighton Jones LLC increased its position in Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after acquiring an additional 623 shares during the last quarter. Principal Securities Inc. increased its position in Twilio by 133.1% during the fourth quarter. Principal Securities Inc. now owns 1,303 shares of the technology company's stock valued at $141,000 after acquiring an additional 744 shares during the last quarter. Principal Financial Group Inc. increased its position in Twilio by 1,124.8% during the fourth quarter. Principal Financial Group Inc. now owns 142,602 shares of the technology company's stock valued at $15,412,000 after acquiring an additional 130,959 shares during the last quarter. Sanctuary Advisors LLC increased its position in Twilio by 28.0% during the fourth quarter. Sanctuary Advisors LLC now owns 15,834 shares of the technology company's stock valued at $1,711,000 after acquiring an additional 3,463 shares during the last quarter. Finally, Truist Financial Corp increased its position in Twilio by 141.5% during the fourth quarter. Truist Financial Corp now owns 17,834 shares of the technology company's stock valued at $1,927,000 after acquiring an additional 10,448 shares during the last quarter. Institutional investors own 84.27% of the company's stock.

Twilio Stock Performance

Shares of TWLO traded up $1.49 on Wednesday, reaching $122.92. The company's stock had a trading volume of 2,899,409 shares, compared to its average volume of 2,625,286. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.78 and a quick ratio of 4.78. The stock has a market capitalization of $18.77 billion, a P/E ratio of -585.31, a PEG ratio of 3.82 and a beta of 1.30. The stock's 50 day simple moving average is $111.05 and its two-hundred day simple moving average is $111.51. Twilio has a 12-month low of $55.38 and a 12-month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. Twilio had a negative net margin of 0.74% and a positive return on equity of 2.25%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm posted $0.80 earnings per share. The firm's revenue was up 12.0% compared to the same quarter last year. Research analysts forecast that Twilio will post 1.44 earnings per share for the current fiscal year.

About Twilio

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.