In a report released today, Ryan MacWilliams from Barclays maintained a Hold rating on Twilio (TWLO – Research Report), with a price target of $70.00. The company’s shares closed yesterday at $58.62.
According to TipRanks, MacWilliams is a 5-star analyst with an average return of 15.6% and a 59.54% success rate. MacWilliams covers the Technology sector, focusing on stocks such as Atlassian, Similarweb, and Five9.
In addition to Barclays, Twilio also received a Hold from Robert W. Baird’s William Power in a report issued yesterday. However, on the same day, Needham reiterated a Buy rating on Twilio (NYSE: TWLO).
Based on Twilio’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.08 billion and a GAAP net loss of $365.41 million. In comparison, last year the company earned a revenue of $1.02 billion and had a GAAP net loss of $229.42 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).
