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 Trading Up 1.5 %

NYSE:TWLO opened at $86.90 on Friday. Twilio has a 52 week low of $77.14 and a 52 week high of $373.00. The firm has a 50 day moving average of $88.89 and a 200 day moving average of $125.44. The company has a quick ratio of 8.10, a current ratio of 6.42 and a debt-to-equity ratio of 0.09. The stock has a market capitalization of $15.79 billion, a price-to-earnings ratio of -14.75 and a beta of 1.53.

Twilio (NYSE:TWLO - Get Rating) last posted its earnings results on Thursday, August 4th. The technology company reported ($0.11) EPS for the quarter, beating analysts' consensus estimates of ($0.20) by $0.09. Twilio had a negative net margin of 31.16% and a negative return on equity of 7.05%. The company had revenue of $943.35 million during the quarter, compared to analysts' expectations of $920.97 million. During the same quarter in the prior year, the company posted ($0.94) earnings per share. Twilio's revenue for the quarter was up 41.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Twilio will post -4.2 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have recently weighed in on TWLO shares. Sanford C. Bernstein started coverage on shares of Twilio in a report on Tuesday, July 19th. They issued a "market perform" rating and a $91.00 target price on the stock. Piper Sandler reduced their target price on shares of Twilio from $132.00 to $122.00 and set an "overweight" rating on the stock in a report on Friday, August 5th. Morgan Stanley reduced their target price on shares of Twilio from $240.00 to $160.00 and set an "overweight" rating on the stock in a report on Thursday, July 14th. Atlantic Securities downgraded shares of Twilio from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $240.00 to $100.00 in a report on Friday, August 5th. Finally, BTIG Research reduced their target price on shares of Twilio to $130.00 in a report on Tuesday. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nineteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $165.20.

Insider Buying and Selling at Twilio

In other Twilio news, COO Khozema Shipchandler sold 3,600 shares of the company's stock in a transaction that occurred on Monday, May 16th. The shares were sold at an average price of $105.78, for a total transaction of $380,808.00. Following the transaction, the chief operating officer now owns 96,549 shares in the company, valued at approximately $10,212,953.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, COO Khozema Shipchandler sold 3,600 shares of the stock in a transaction on Monday, May 16th. The shares were sold at an average price of $105.78, for a total value of $380,808.00. Following the sale, the chief operating officer now owns 96,549 shares in the company, valued at $10,212,953.22. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Eyal Manor sold 853 shares of the stock in a transaction on Friday, July 15th. The stock was sold at an average price of $82.69, for a total transaction of $70,534.57. Following the completion of the sale, the insider now owns 160,358 shares in the company, valued at approximately $13,260,003.02. The disclosure for this sale can be found here. In the last quarter, insiders have sold 14,242 shares of company stock worth $1,374,510. 4.96% of the stock is owned by corporate insiders.