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

Twilio (NYSE:TWLO) had its price target raised by equities research analysts at Bank of America from $270.00 to $320.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Bank of America‘s price objective would indicate a potential upside of 17.53% from the company’s previous close.

Several other equities research analysts have also recently weighed in on TWLO. Piper Sandler increased their price objective on Twilio from $192.00 to $247.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Oppenheimer boosted their target price on shares of Twilio from $235.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Weiss Ratings raised shares of Twilio from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. HSBC cut shares of Twilio from a “hold” rating to a “reduce” rating and set a $211.00 target price for the company. in a research note on Thursday, September 24th. Finally, UBS Group increased their price target on shares of Twilio from $200.00 to $285.00 and gave the company a “buy” rating in a report on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, two have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $266.48.

Twilio Stock Performance

NYSE:TWLO traded down $9.32 during midday trading on Wednesday, reaching $272.27. The stock had a trading volume of 652,431 shares, compared to its average volume of 2,633,713. The stock has a market capitalization of $41.81 billion, a P/E ratio of 38.14, a PEG ratio of 5.80 and a beta of 1.35. Twilio has a 1-year low of $104.50 and a 1-year high of $308.40. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.62 and a quick ratio of 4.62. The firm’s fifty day simple moving average is $250.47 and its 200-day simple moving average is $205.76.

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

Insider Buying and Selling

In other Twilio news, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew Stafman sold 500,000 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $247.08, for a total value of $123,540,000.00. Following the transaction, the director owned 120,000 shares of the company’s stock, valued at $29,649,600. This represents a 80.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 538,818 shares of company stock valued at $134,833,645 over the last quarter. Corporate insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On Twilio

Several large investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in Twilio by 10.8% during the 1st quarter. Royal Bank of Canada now owns 3,261,235 shares of the technology company’s stock valued at $410,330,000 after purchasing an additional 316,858 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in Twilio by 17.6% during the first quarter. Pictet Asset Management Holding SA now owns 2,331,471 shares of the technology company’s stock worth $293,237,000 after buying an additional 349,131 shares during the last quarter. Artemis Investment Management LLP increased its holdings in shares of Twilio by 58.9% during the third quarter. Artemis Investment Management LLP now owns 588,018 shares of the technology company’s stock worth $171,972,000 after buying an additional 217,952 shares in the last quarter. Atreides Management LP increased its holdings in shares of Twilio by 28.5% during the first quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock worth $115,956,000 after buying an additional 204,656 shares in the last quarter. Finally, KBC Group NV increased its holdings in shares of Twilio by 1.4% during the first quarter. KBC Group NV now owns 790,548 shares of the technology company’s stock worth $99,466,000 after buying an additional 11,014 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Twilio Company Profile

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.