Twilio (NYSE:TWLO – Free Report) had its price objective boosted by Wells Fargo & Company from $200.00 to $225.00 in a report issued on Monday morning,Benzinga reports. Wells Fargo & Company currently has an overweight rating on the technology company’s stock.
Several other brokerages have also issued reports on TWLO. Oppenheimer upped their target price on Twilio from $200.00 to $235.00 and gave the stock an “outperform” rating in a research note on Monday, May 18th. Citizens Jmp lifted their price target on shares of Twilio from $185.00 to $210.00 and gave the stock a “market outperform” rating in a research note on Friday, May 1st. Piper Sandler boosted their price objective on shares of Twilio from $130.00 to $192.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $230.00 price objective on shares of Twilio in a research note on Thursday, June 18th. Finally, BTIG Research reaffirmed a “buy” rating and set a $215.00 target price on shares of Twilio in a report on Tuesday, May 12th. Four equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $219.23.
View Our Latest Research Report on TWLO
Twilio Trading Down 6.4%
Twilio (NYSE:TWLO – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $1.50 EPS for the quarter, beating the consensus estimate of $1.27 by $0.23. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.34 billion. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The company’s revenue was up 20.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.14 EPS. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. Equities analysts anticipate that Twilio will post 2.79 EPS for the current fiscal year.
Insider Buying and Selling
In related news, CFO Aidan Viggiano sold 9,093 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $201.25, for a total transaction of $1,829,966.25. Following the transaction, the chief financial officer directly owned 118,252 shares in the company, valued at $23,798,215. This trade represents a 7.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 44,158 shares of Twilio stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $235.88, for a total value of $10,415,989.04. Following the completion of the transaction, the chief executive officer directly owned 235,542 shares in the company, valued at $55,559,646.96. This trade represents a 15.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,803,980 shares of company stock valued at $341,898,467 in the last 90 days. 0.21% of the stock is owned by insiders.
Institutional Investors Weigh In On Twilio
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Twilio in the fourth quarter valued at about $273,862,000. State Street Corp boosted its holdings in shares of Twilio by 47.8% during the third quarter. State Street Corp now owns 5,879,395 shares of the technology company’s stock worth $588,469,000 after purchasing an additional 1,900,551 shares during the period. SRS Investment Management LLC bought a new stake in shares of Twilio in the fourth quarter worth about $257,494,000. Invesco Ltd. grew its stake in shares of Twilio by 225.0% in the third quarter. Invesco Ltd. now owns 2,009,237 shares of the technology company’s stock worth $201,105,000 after purchasing an additional 1,391,013 shares during the last quarter. Finally, Alyeska Investment Group L.P. increased its holdings in Twilio by 39.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,643,859 shares of the technology company’s stock valued at $264,624,000 after purchasing an additional 750,951 shares during the period. 84.27% of the stock is currently owned by institutional investors.
Twilio Company Profile
Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.
The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real?time video applications, and Twilio Authy for multi?factor authentication.
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