Twilio - TWLO Stock Forecast, Price & News

Twilio Inc., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher-level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, video, and email capabilities into their applications. The company was incorporated in 2008 and is headquartered in San Francisco, California.

Twilio Stock Down 6.0 %

TWLO Stock traded down $5.22 during midday trading on Tuesday, hitting $81.26. The stock had a trading volume of 5,765,082 shares, compared to its average volume of 3,892,876. Twilio has a 52-week low of $77.14 and a 52-week high of $382.75. The firm has a market cap of $14.76 billion, a price-to-earnings ratio of -13.80 and a beta of 1.54. The business has a 50-day moving average of $90.02 and a two-hundred day moving average of $127.19. The company has a debt-to-equity ratio of 0.09, a current ratio of 8.10 and a quick ratio of 8.10.

Twilio (NYSE:TWLO - Get Rating) last released its earnings results on Thursday, August 4th. The technology company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.20) by $0.09. Twilio had a negative return on equity of 7.02% and a negative net margin of 31.16%. The firm had revenue of $943.35 million for the quarter, compared to analysts' expectations of $920.97 million. During the same period in the prior year, the firm posted ($0.94) earnings per share. The company's quarterly revenue was up 41.0% on a year-over-year basis. As a group, equities research analysts forecast that Twilio will post -3.46 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently commented on TWLO shares. Wells Fargo & Company reduced their price target on shares of Twilio from $225.00 to $180.00 and set an "overweight" rating for the company in a research report on Wednesday, May 18th. JMP Securities reduced their price target on shares of Twilio from $510.00 to $250.00 in a report on Thursday, May 5th. Piper Sandler cut their price target on shares of Twilio from $132.00 to $122.00 and set an "overweight" rating for the company in a report on Friday. Robert W. Baird cut shares of Twilio from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $155.00 to $120.00 in a research report on Monday, May 16th. Finally, Stifel Nicolaus cut shares of Twilio from a "buy" rating to a "hold" rating and decreased their price objective for the company from $200.00 to $90.00 in a report on Friday. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nineteen have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $165.20.

Insider Activity

In other news, COO Khozema Shipchandler sold 3,600 shares of the company's stock in a transaction on Monday, May 16th. The stock was sold at an average price of $105.78, for a total transaction of $380,808.00. Following the transaction, the chief operating officer now directly owns 96,549 shares of the company's stock, valued at $10,212,953.22. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, COO Khozema Shipchandler sold 3,600 shares of the firm's stock in a transaction dated Monday, May 16th. The stock was sold at an average price of $105.78, for a total value of $380,808.00. Following the transaction, the chief operating officer now owns 96,549 shares of the company's stock, valued at $10,212,953.22. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Eyal Manor sold 853 shares of the firm's stock in a transaction dated Wednesday, June 15th. The stock was sold at an average price of $83.25, for a total value of $71,012.25. Following the completion of the transaction, the insider now directly owns 161,211 shares in the company, valued at approximately $13,420,815.75. The disclosure for this sale can be found here. Insiders have sold a total of 14,242 shares of company stock valued at $1,374,510 over the last ninety days. 4.96% of the stock is currently owned by corporate insiders.