Twilio (NYSE:TWLO) Raised to “Buy” at Bank of America

Twilio (NYSE:TWLO) was upgraded by investment analysts at Bank of America from an “underperform” rating to a “buy” rating in a report issued on Wednesday, MarketBeat reports. The firm currently has a $190.00 price objective on the technology company’s stock, up from their previous price objective of $110.00. Bank of America‘s target price suggests a potential upside of 34.06% from the stock’s previous close.

Several other brokerages have also issued reports on TWLO. Oppenheimer reaffirmed an “outperform” rating and set a $170.00 price target on shares of Twilio in a research note on Monday, January 5th. Argus raised Twilio to a “strong-buy” rating in a research note on Thursday, February 19th. TD Cowen raised Twilio from a “hold” rating to a “buy” rating and lifted their price target for the stock from $125.00 to $160.00 in a research note on Monday, March 2nd. Morgan Stanley set a $153.00 price target on Twilio in a research note on Friday, February 13th. Finally, BTIG Research dropped their price target on Twilio from $165.00 to $155.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $150.87.

Twilio Trading Down 5.8%

Shares of TWLO stock opened at $141.72 on Wednesday. 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 business has a 50-day moving average price of $125.44 and a two-hundred day moving average price of $125.20. Twilio has a 12-month low of $87.96 and a 12-month high of $154.64. The firm has a market cap of $21.47 billion, a P/E ratio of 745.95, a price-to-earnings-growth ratio of 6.17 and a beta of 1.28.

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

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 15,715 shares of the business’s stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $133.39, for a total transaction of $2,096,223.85. Following the transaction, the chief executive officer owned 235,542 shares in the company, valued at $31,418,947.38. The trade was a 6.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Aidan Viggiano sold 9,389 shares of the business’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $127.51, for a total value of $1,197,191.39. Following the transaction, the chief financial officer owned 130,341 shares in the company, valued at approximately $16,619,780.91. This represents a 6.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,588 shares of company stock worth $6,336,644 in the last 90 days. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Raleigh Capital Management Inc. purchased a new position in Twilio during the 4th quarter valued at about $26,000. SHP Wealth Management purchased a new position in Twilio during the 4th quarter valued at about $26,000. SJS Investment Consulting Inc. increased its holdings in Twilio by 1,564.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after purchasing an additional 266 shares during the period. First Horizon Corp purchased a new position in Twilio during the 3rd quarter valued at about $28,000. Finally, Zions Bancorporation National Association UT purchased a new position in Twilio during the 4th quarter valued at about $29,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Key Stories Impacting Twilio

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: Bank of America issued a rare double-upgrade from Underperform to Buy and raised its price target to $190, highlighting Twilio as infrastructure for AI-driven voice and messaging — this upgrade sparked the intraday rally. Bank of America upgrade
• Positive Sentiment: Mizuho boosted its price target to $165 and analyst interest helped push Twilio to a new 1-year high earlier in the day, supporting the bullish narrative around Twilio’s AI opportunity. Mizuho price target raise
• Neutral Sentiment: Bank of America’s upgrade produced an afternoon jump (reported ~2.9% intraday), indicating the market reacted quickly to the analyst signal before later reversal. Yahoo Markets note
• Neutral Sentiment: Bernstein maintained a Hold rating, a reminder that some analysts remain cautious despite the upbeat calls from BofA and Mizuho. Bernstein hold
• Neutral Sentiment: Director Erika Rottenberg sold 1,800 shares under a pre-arranged Rule 10b5-1 plan; the filing shows reduced ownership but the trade was planned, which typically lessens immediate governance concerns. SEC Form 4
• Negative Sentiment: After earlier gains, Twilio closed notably lower than the broader market today, suggesting profit-taking and rotation away from momentum names after the analyst-driven spike. Zacks coverage of the decline
• Negative Sentiment: Coverage such as Seeking Alpha frames Twilio as a transition story between growth and maturity — highlighting execution and margin risks that can pressure the stock if earnings or AI monetization disappoint. Seeking Alpha analysis
• Negative Sentiment: Valuation remains a potential headwind: the shares trade at a very high P/E, which increases sensitivity to any slowdown in growth or misses versus analysts’ expectations.

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.