On Nov 01, major Wall Street analysts update their ratings for $Twilio (TWLO.US)$, with price targets ranging from $50 to $110.
Morgan Stanley analyst Meta Marshall maintains with a hold rating, and adjusts the target price from $65 to $77.
Goldman Sachs analyst Kash Rangan maintains with a hold rating, and sets the target price at $77.
J.P. Morgan analyst Mark Murphy maintains with a buy rating, and adjusts the target price from $78 to $83.
UBS analyst Taylor McGinnis maintains with a buy rating, and adjusts the target price from $74 to $88.
Wells Fargo analyst Michael Turrin maintains with a hold rating, and adjusts the target price from $75 to $80.
Furthermore, according to the comprehensive report, the opinions of $Twilio (TWLO.US)$'s main analysts recently are as follows:
The company is witnessing an upswing in momentum within its primary channels currently.
The company's robust second-quarter performance exceeded expectations in all areas, encompassing revenue, operating margin, and free cash flow. Analyst sentiment has improved regarding the company's notable success in Diversified Communications and the initial indications of substantial returns on investment from AI products.
Twilio's return to double-digit revenue growth has come sooner than anticipated, as evidenced by a reported acceleration to 10% year-over-year growth in Q3, an increase from the 7% year-over-year organic growth observed in the first half of the year. This performance surge is credited to robust areas like Messaging, email, and various growth endeavors involving Independent Software Vendors, self-service options, and cross-selling opportunities. The shares are perceived as holding appeal due to prospects of sustaining over 10% growth and ongoing margin improvement. Furthermore, an upcoming Investor Day could serve as a pivotal moment should the company present an effective AI narrative and affirm that the growth can maintain its current rate.
Following a 'strong' Q3 performance, Twilio has shown a return to double-digit revenue growth alongside continued operating leverage. The forecast for 2025 appears increasingly plausible. Although there is potential in terms of valuation, a more solid perspective on the forward growth outlook is necessary.
The anticipation of potential growth acceleration has been a key focus, and Twilio's recent uptick in growth during Q3 is seen as a significant positive move, aligning with the overall objective of returning to a consistent double-digit revenue growth trajectory.
Here are the latest investment ratings and price targets for $Twilio (TWLO.US)$ from 17 analysts:
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
