Twilio (NYSE:TWLO) Given New $335.00 Price Target at JPMorgan Chase & Co.

Twilio (NYSE:TWLO) had its price target hoisted by equities research analysts at JPMorgan Chase & Co. from $260.00 to $335.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 21.28% from the stock’s previous close.

Several other equities research analysts have also weighed in on TWLO. KGI Securities started coverage on shares of Twilio in a report on Thursday, July 2nd. They issued an “outperform” rating and a $250.00 target price on the stock. Rosenblatt Securities raised their price target on Twilio from $275.00 to $290.00 and gave the stock a “buy” rating in a research report on Tuesday, September 22nd. Citizens Jmp restated a “market outperform” rating and set a $275.00 target price on shares of Twilio in a report on Thursday, August 27th. Needham & Company LLC upped their price target on shares of Twilio from $250.00 to $280.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $285.00 target price on shares of Twilio in a research note on Friday, September 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $258.65.

Twilio Price Performance

TWLO traded up $3.22 during trading on Thursday, hitting $276.22. The company’s stock had a trading volume of 1,844,992 shares, compared to its average volume of 2,650,052. The firm’s 50 day moving average price is $243.45 and its two-hundred day moving average price is $201.32. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. Twilio has a 12 month low of $104.50 and a 12 month high of $308.40. The stock has a market capitalization of $42.42 billion, a price-to-earnings ratio of 38.47, a price-to-earnings-growth ratio of 5.75 and a beta of 1.35.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, August 6th. The technology company reported $1.47 EPS for the quarter, topping the consensus estimate of $1.32 by $0.15. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%.The business’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Sell-side analysts forecast that Twilio will post 3.12 earnings per share for the current fiscal year.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 9,084 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $294.65, for a total value of $2,676,600.60. Following the sale, the chief financial officer directly owned 99,246 shares of the company’s stock, valued at approximately $29,242,833.90. This represents a 8.39% decrease in their position. The sale was disclosed in a document filed 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 firm’s stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $291.03, for a total transaction of $4,203,055.26. Following the completion of the sale, the chief executive officer owned 178,863 shares of the company’s stock, valued at $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 538,818 shares of company stock worth $134,833,645 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Institutional Trading of Twilio

Institutional investors and hedge funds have recently bought and sold shares of the business. Plato Investment Management Ltd bought a new position in shares of Twilio during the second quarter worth about $1,637,000. Congress Asset Management Co. boosted its stake in shares of Twilio by 16.2% in the 3rd quarter. Congress Asset Management Co. now owns 160,425 shares of the technology company’s stock valued at $46,918,000 after purchasing an additional 22,311 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of Twilio by 67.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company’s stock valued at $24,880,000 after purchasing an additional 48,742 shares during the last quarter. Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Twilio during the first quarter worth $4,288,000. Finally, Nykredit A S bought a new position in Twilio during the second quarter worth $10,514,000. Institutional investors own 84.27% of the company’s stock.

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.