Twilio (NYSE:TWLO) Given Buy Rating at BTIG Research

Twilio (NYSE:TWLO)‘s stock had its “buy” rating restated by stock analysts at BTIG Research in a research report issued on Friday, Benzinga reports. They currently have a $285.00 target price on the technology company’s stock. BTIG Research’s price objective would indicate a potential upside of 23.17% from the company’s previous close.

Other equities analysts have also issued research reports about the stock. Citizens Jmp reissued a “market outperform” rating and issued a $275.00 price target on shares of Twilio in a research report on Thursday, August 27th. KGI Securities initiated coverage on shares of Twilio in a report on Thursday, July 2nd. They set an “outperform” rating and a $250.00 price objective for the company. Oppenheimer raised their target price on shares of Twilio from $235.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, August 7th. Jefferies Financial Group reiterated a “buy” rating and issued a $240.00 target price on shares of Twilio in a report on Friday, August 7th. Finally, KeyCorp boosted their target price on shares of Twilio from $200.00 to $250.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $249.68.

Twilio Price Performance

Shares of NYSE:TWLO opened at $231.40 on Friday. The stock has a market capitalization of $35.54 billion, a P/E ratio of 32.23, a P/E/G ratio of 4.71 and a beta of 1.40. The business has a 50-day moving average of $217.76 and a two-hundred day moving average of $181.44. Twilio has a fifty-two week low of $98.44 and a fifty-two week high of $258.35. The company has a debt-to-equity ratio of 0.11, a current ratio of 4.62 and a quick ratio of 4.62.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.15. Twilio had a return on equity of 5.09% and a net margin of 20.61%.The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter in the prior year, the firm posted $1.19 EPS. The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, equities research analysts predict that Twilio will post 3.08 EPS for the current fiscal year.

Insider Activity

In related news, Director Andrew Stafman sold 500,000 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the transaction, the director owned 120,000 shares of the company’s stock, valued at approximately $29,649,600. The trade was a 80.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,394 shares of the company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $234.48, for a total transaction of $326,865.12. Following the transaction, the chief financial officer owned 108,330 shares of the company’s stock, valued at approximately $25,401,218.40. The trade was a 1.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 547,354 shares of company stock valued at $133,284,825. 0.21% of the stock is owned by company insiders.

Institutional Trading of Twilio

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Plato Investment Management Ltd bought a new position in shares of Twilio during the second quarter worth $1,637,000. California State Teachers Retirement System increased its position in shares of Twilio by 19,544.7% in the 2nd quarter. California State Teachers Retirement System now owns 45,717,982 shares of the technology company’s stock valued at $9,432,991,000 after buying an additional 45,485,258 shares in the last quarter. National Pension Service increased its position in shares of Twilio by 184.4% in the 4th quarter. National Pension Service now owns 18,545 shares of the technology company’s stock valued at $2,638,000 after buying an additional 12,025 shares in the last quarter. Assenagon Asset Management S.A. raised its stake in Twilio by 67.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 120,582 shares of the technology company’s stock worth $24,880,000 after buying an additional 48,742 shares during the period. Finally, Jefferies Financial Group Inc. acquired a new stake in Twilio during the 4th quarter worth $895,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

About Twilio

Twilio Inc is a cloud communications and customer engagement technology company that provides application programming interfaces (APIs) and software tools for businesses. Its platform enables organizations to integrate communications capabilities such as voice calls, text messaging, email, video, authentication and customer support into websites, mobile applications and other digital products.

Twilio’s offerings include programmable communications services, customer data and analytics tools through Segment, and contact center software through Twilio Flex.