Twilio (NYSE:TWLO) Price Target Raised to $320.00

Twilio (NYSE:TWLO) had its price objective upped by Bank of America from $270.00 to $320.00 in a report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the technology company’s stock.

Other equities analysts have also issued research reports about the company. Wolfe Research raised Twilio to a “buy” rating in a research note on Friday, August 7th. Mizuho set a $270.00 target price on Twilio in a report on Wednesday, August 12th. BTIG Research reaffirmed a “buy” rating and issued a $285.00 target price on shares of Twilio in a research report on Friday, September 11th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Twilio in a research report on Friday, August 7th. Finally, KeyCorp boosted their price target on shares of Twilio from $200.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, August 7th. Two research 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 given a Sell rating to the stock. According to MarketBeat.com, Twilio has an average rating of “Moderate Buy” and a consensus price target of $267.78.

Twilio Stock Performance

NYSE:TWLO opened at $243.80 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. The stock has a market capitalization of $37.44 billion, a P/E ratio of 105.97, a PEG ratio of 5.61 and a beta of 1.35. The company has a 50 day moving average price of $253.71 and a 200 day moving average price of $208.12. Twilio has a fifty-two week low of $104.50 and a fifty-two week high of $308.40.

Twilio (NYSE:TWLO) last posted 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. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.43 billion. Twilio had a net margin of 20.61% and a return on equity of 5.09%. The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter last year, the firm earned $1.19 EPS. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Equities research analysts forecast that Twilio will post 3.12 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Aidan Viggiano sold 9,084 shares of the company’s stock in a transaction on Wednesday, September 30th. The stock was sold at an average price of $294.65, for a total transaction of $2,676,600.60. Following the sale, the chief financial officer owned 99,246 shares of the company’s stock, valued at approximately $29,242,833.90. This represents a 8.39% 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, CEO Khozema Shipchandler sold 14,442 shares of the company’s stock in a transaction on Monday, October 5th. The stock was sold at an average price of $291.03, for a total value of $4,203,055.26. Following the sale, the chief executive officer directly owned 178,863 shares in the company, valued at $52,054,498.89. This represents a 7.47% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 538,818 shares of company stock worth $134,833,645 over the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On Twilio

Several large investors have recently bought and sold shares of the stock. CX Institutional boosted its stake in shares of Twilio by 9.5% in the 2nd quarter. CX Institutional now owns 701 shares of the technology company’s stock valued at $145,000 after buying an additional 61 shares during the period. Affinity Capital Advisors LLC raised its holdings in Twilio by 2.6% in the second quarter. Affinity Capital Advisors LLC now owns 2,869 shares of the technology company’s stock valued at $600,000 after acquiring an additional 74 shares in the last quarter. Wedmont Private Capital raised its holdings in Twilio by 2.1% in the second quarter. Wedmont Private Capital now owns 3,691 shares of the technology company’s stock valued at $792,000 after acquiring an additional 75 shares in the last quarter. Everhart Financial Group Inc. raised its holdings in Twilio by 4.3% in the second quarter. Everhart Financial Group Inc. now owns 1,896 shares of the technology company’s stock valued at $391,000 after acquiring an additional 79 shares in the last quarter. Finally, Kintegral Advisory LLC lifted its stake in Twilio by 0.6% in the third quarter. Kintegral Advisory LLC now owns 14,919 shares of the technology company’s stock worth $4,363,000 after acquiring an additional 84 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

More Twilio News

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Stifel raised its price target for Twilio to $325 while maintaining a Buy rating, implying potential upside from recent trading levels. Stifel raises target to USD 325 for Twilio stock
• Positive Sentiment: Bank of America forecast strong appreciation for Twilio and reaffirmed its Buy rating. Stifel also reiterated its Buy recommendation, showing continued support among major brokerages. Bank of America Forecasts Strong Price Appreciation for Twilio Bank of America Reaffirms Buy Rating
• Neutral Sentiment: Analyst consensus remains optimistic, but coverage notes that sell-side recommendations and average brokerage ratings can be overly bullish and should not be used alone as an investment decision. Wall Street Bulls Look Optimistic About Twilio
• Neutral Sentiment: Twilio promoted its Voice AI technology through a lighthearted French culinary campaign. The announcement offers visibility for the platform but is unlikely to materially affect near-term valuation. Twilio Voice AI France Campaign
• Negative Sentiment: Twilio’s break below its 50-day moving average is being characterized as a bearish technical signal, increasing concerns about near-term momentum and likely contributing to the stock’s decreased performance. Twilio Flashes a Bearish Signal as It Slides

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.