Twilio (NYSE:TWLO) Upgraded to Buy at Bank of America

Bank of America upgraded shares of Twilio (NYSE:TWLO) from an underperform rating to a buy rating in a research note released on Wednesday morning, MarketBeat Ratings reports. Bank of America currently has $190.00 price objective on the technology company’s stock, up from their previous price objective of $110.00.

A number of other brokerages have also issued reports on TWLO. Citigroup reissued a “market perform” rating on shares of Twilio in a report on Tuesday, December 30th. Jefferies Financial Group raised shares of Twilio from a “hold” rating to a “buy” rating and raised their price target for the stock from $125.00 to $160.00 in a report on Monday, April 6th. Morgan Stanley set a $153.00 price target on shares of Twilio in a report on Friday, February 13th. Piper Sandler reissued a “neutral” rating and issued a $130.00 price target (down from $148.00) on shares of Twilio in a report on Friday, February 13th. Finally, Citizens Jmp upped their price objective on shares of Twilio from $165.00 to $185.00 and gave the stock a “market outperform” rating in a report on Tuesday, December 30th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, four have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $150.87.

Twilio Price Performance

Shares of Twilio stock opened at $150.08 on Wednesday. The firm has a market cap of $22.74 billion, a PE ratio of 789.94, a price-to-earnings-growth ratio of 5.96 and a beta of 1.28. Twilio has a 12-month low of $86.81 and a 12-month high of $154.64. The company has a quick ratio of 4.03, a current ratio of 4.03 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $124.81 and its two-hundred day simple moving average is $125.09.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, February 12th. The technology company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The business had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.32 billion. Twilio had a net margin of 0.67% and a return on equity of 3.93%. The company’s revenue was up 14.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.00 EPS. Twilio has set its Q1 2026 guidance at 1.210-1.260 EPS. As a group, equities analysts expect that Twilio will post 2.47 EPS for the current year.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 15,715 shares of the company’s stock in a transaction on Monday, April 6th. The shares were sold at an average price of $133.39, for a total value of $2,096,223.85. Following the completion of the transaction, the chief executive officer directly owned 235,542 shares in the company, valued at approximately $31,418,947.38. This represents a 6.25% 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 transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aidan Viggiano sold 9,389 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $127.51, for a total transaction of $1,197,191.39. Following the completion of the transaction, the chief financial officer owned 130,341 shares of the company’s stock, valued at $16,619,780.91. This trade represents a 6.72% decrease in their ownership of the stock. 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 47,788 shares of company stock valued at $6,068,408 over the last 90 days. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Twilio in the 4th quarter worth about $273,862,000. State Street Corp increased its stake in shares of Twilio by 47.8% in the 3rd quarter. State Street Corp now owns 5,879,395 shares of the technology company’s stock worth $588,469,000 after acquiring an additional 1,900,551 shares in the last quarter. SRS Investment Management LLC bought a new position in shares of Twilio in the 4th quarter worth about $257,494,000. Invesco Ltd. increased its stake in shares of Twilio by 225.0% in the 3rd quarter. Invesco Ltd. now owns 2,009,237 shares of the technology company’s stock worth $201,105,000 after acquiring an additional 1,391,013 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its stake in shares of Twilio by 39.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,643,859 shares of the technology company’s stock worth $264,624,000 after acquiring an additional 750,951 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

About Twilio

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.