Bank of America Boosts Twilio (NYSE:TWLO) Price Target to $110.00

Twilio (NYSE:TWLO) had its target price hoisted by analysts at Bank of America from $100.00 to $110.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has an “underperform” rating on the technology company’s stock. Bank of America‘s target price indicates a potential downside of 18.53% from the stock’s previous close.

Other equities research analysts have also recently issued research reports about the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $140.00 price target on shares of Twilio in a research report on Friday, September 26th. The Goldman Sachs Group reissued a “buy” rating and issued a $150.00 price objective on shares of Twilio in a research note on Friday. Royal Bank Of Canada restated an “underperform” rating and set a $75.00 target price on shares of Twilio in a report on Wednesday, September 17th. Wall Street Zen downgraded Twilio from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 26th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $154.00 price target on shares of Twilio in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $139.26.

Twilio Price Performance

TWLO opened at $135.02 on Friday. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 329.31, a PEG ratio of 4.18 and a beta of 1.25. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. Twilio has a 12-month low of $77.51 and a 12-month high of $151.95. The business’s fifty day simple moving average is $107.35 and its 200-day simple moving average is $111.26.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.18. Twilio had a net margin of 1.37% and a return on equity of 3.35%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.25 billion. During the same period in the prior year, the firm earned $1.02 earnings per share. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. On average, equities research analysts anticipate that Twilio will post 1.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 13,681 shares of the business’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $1,376,171.79. Following the transaction, the chief executive officer directly owned 233,305 shares in the company, valued at $23,468,149.95. The trade was a 5.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Aidan Viggiano sold 8,363 shares of the company’s stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $841,234.17. Following the transaction, the chief financial officer directly owned 137,653 shares in the company, valued at $13,846,515.27. This represents a 5.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 44,808 shares of company stock worth $4,677,916. Insiders own 0.21% of the company’s stock.

Institutional Investors Weigh In On Twilio

A number of large investors have recently modified their holdings of the business. LRI Investments LLC acquired a new position in shares of Twilio during the first quarter valued at about $25,000. GFG Capital LLC acquired a new position in Twilio during the 2nd quarter valued at approximately $25,000. CENTRAL TRUST Co acquired a new position in Twilio during the 2nd quarter valued at approximately $25,000. Hilltop National Bank purchased a new position in shares of Twilio in the second quarter worth $26,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of Twilio during the first quarter worth $28,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.