Twilio (NYSE:TWLO) Sets New 1-Year High – Here’s Why

Twilio Inc. (NYSE:TWLO)’s stock price hit a new 52-week high during trading on Thursday. The stock traded as high as $305.95 and last traded at $301.2270, with a volume of 1926363 shares trading hands. The stock had previously closed at $292.46.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. KeyCorp lifted their price objective on shares of Twilio from $200.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Needham & Company LLC increased their target price on Twilio from $250.00 to $280.00 and gave the company a “buy” rating in a report on Friday, August 7th. Wells Fargo & Company raised their target price on Twilio from $225.00 to $275.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Citigroup reiterated a “market outperform” rating on shares of Twilio in a report on Thursday, August 27th. Finally, TD Cowen upped their price target on Twilio from $260.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, September 22nd. 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $250.39.

Twilio Trading Up 3.0%

The stock has a market cap of $46.26 billion, a price-to-earnings ratio of 41.95, a price-to-earnings-growth ratio of 5.97 and a beta of 1.40. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. The company’s 50 day simple moving average is $233.59 and its two-hundred day simple moving average is $195.59.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the business posted $1.19 EPS. The company’s revenue for the quarter was up 22.0% on a year-over-year basis. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. Research analysts expect that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 14,458 shares of Twilio stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $210.43, for a total transaction of $3,042,396.94. Following the completion of the sale, the chief executive officer directly owned 207,203 shares in the company, valued at $43,601,727.29. The trade was a 6.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aidan Viggiano sold 1,394 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $234.48, for a total value of $326,865.12. Following the completion of the sale, the chief financial officer directly owned 108,330 shares of the company’s stock, valued at approximately $25,401,218.40. The trade was a 1.27% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 515,852 shares of company stock worth $126,909,262 over the last 90 days. 0.21% of the stock is currently owned by corporate insiders.

Institutional Trading of Twilio

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada lifted its stake in shares of Twilio by 10.8% in 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 increased its position 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. Norges Bank bought a new position in Twilio during the fourth quarter valued at about $273,862,000. Atreides Management LP raised its holdings in Twilio by 28.5% during the first quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock valued at $115,956,000 after buying an additional 204,656 shares in the last quarter. Finally, KBC Group NV lifted its position in shares of Twilio by 1.4% in 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 during the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

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.