Barclays analyst Ryan MacWilliams assigned a Hold rating to Twilio (TWLO – Research Report) yesterday and set a price target of $70.00. The company’s shares closed yesterday at $56.66.
MacWilliams covers the Technology sector, focusing on stocks such as Atlassian, HubSpot, and Similarweb. According to TipRanks, MacWilliams has an average return of 14.3% and a 60.48% success rate on recommended stocks.
Twilio has an analyst consensus of Hold, with a price target consensus of $72.05, implying a 27.16% upside from current levels. In a report released yesterday, Wells Fargo also assigned a Hold rating to the stock with a $60.00 price target.
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Based on Twilio’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.03 billion and a GAAP net loss of $141.71 million. In comparison, last year the company earned a revenue of $983.03 million and had a GAAP net loss of $482.33 million
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Twilio (TWLO) Company Description:
Founded in 2008, California-based Twilio, Inc. provides a cloud communications platform that allows software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs (Application Programming Interfaces).
Read More on TWLO:
- Twilio Sets Growth Targets and Expands Buyback Program
- Unusually active option classes on open February 16th
- Twilio (NYSE:TWLO) Beats Q4 Estimates, Stock Dips on Q1 Forecast
- Snowflake downgraded, Coinbase upgraded: Wall Street’s top analyst calls
- Twilio price target lowered to $69 from $70 at Macquarie
