Bank of America Issues Positive Forecast for Twilio (NYSE:TWLO) Stock Price

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

A number of other equities research analysts have also commented on the stock. BTIG Research reissued a “buy” rating and set a $285.00 price objective on shares of Twilio in a report on Friday, September 11th. Zacks Research cut shares of Twilio from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $330.00 target price on shares of Twilio in a research note on Friday, August 7th. KGI Securities assumed coverage on shares of Twilio in a research report on Thursday, July 2nd. They set an “outperform” rating and a $250.00 target price on the stock. Finally, Monness Crespi & Hardt upped their target price on shares of Twilio from $246.00 to $270.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Twilio currently has an average rating of “Moderate Buy” and an average price target of $266.48.

Twilio Price Performance

Shares of TWLO stock traded down $9.32 during trading hours on Wednesday, hitting $272.27. 652,431 shares of the company’s stock were exchanged, compared to its average volume of 2,633,713. The stock’s 50-day moving average is $250.47 and its 200-day moving average is $205.76. 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 stock has a market cap of $41.81 billion, a price-to-earnings ratio of 38.14, a price-to-earnings-growth ratio of 5.80 and a beta of 1.35. Twilio has a 52 week low of $104.50 and a 52 week high of $308.40.

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

Insider Activity

In related news, CEO Khozema Shipchandler sold 14,442 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 178,863 shares in the company, valued at $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew Stafman sold 500,000 shares of the firm’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total value of $123,540,000.00. Following the completion of the transaction, the director owned 120,000 shares in the company, valued at approximately $29,649,600. This represents a 80.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 538,818 shares of company stock valued at $134,833,645. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TWLO. Continuum Advisory LLC acquired a new position in shares of Twilio during the second quarter worth about $33,000. SHP Wealth Management acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $26,000. Osbon Capital Management LLC acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $30,000. Hilltop National Bank bought a new stake in shares of Twilio in the second quarter worth $50,000. Finally, Reflection Asset Management bought a new stake in shares of Twilio in the fourth quarter worth $37,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

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.