Twilio (NYSE: TWLO) recently received a number of ratings updates from brokerages and research firms:

  • 8/18/2017 – Twilio had its “hold” rating reaffirmed by analysts at Argus.
  • 8/11/2017 – Twilio was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Twilio recently reported strong results for second-quarter 2017, wherein the top line came ahead of our expectations, while the bottom line matches the same. Also, the company witnessed year-over-year improvement on both the counts. The recently reported robust quarterly results clearly indicate that the company has been able to mitigate the loss of revenues from Uber. The company’s key initiatives, which include product innovation, global expansion and acquisitions, are helping it in gaining customers, which bodes well for long-term growth. We opine that proliferation in cloud and mobile penetration across the globe will continue to fuel Twilio’s customer growth over the long run. Nonetheless, intensifying competition in the communications market and growing prevalence of in-app push notifications are major concerns. Notably, the stock has underperformed the industry in the last one year.”
  • 8/9/2017 – Twilio had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $47.00 price target on the stock, up previously from $44.00.
  • 8/9/2017 – Twilio had its “sell” rating reaffirmed by analysts at Goldman Sachs Group, Inc. (The). They now have a $33.00 price target on the stock, up previously from $30.00.
  • 8/8/2017 – Twilio was upgraded by analysts at Mitsubishi UFJ Financial Group from a “neutral” rating to a “buy” rating. They now have a $35.00 price target on the stock, up previously from $23.00.
  • 8/8/2017 – Twilio had its price target raised by analysts at J P Morgan Chase & Co from $33.00 to $40.00. They now have an “overweight” rating on the stock.
  • 8/8/2017 – Twilio had its price target raised by analysts at Robert W. Baird from $35.00 to $39.00. They now have an “outperform” rating on the stock.
  • 8/8/2017 – Twilio had its price target raised by analysts at Canaccord Genuity from $32.00 to $38.00. They now have a “buy” rating on the stock.
  • 7/19/2017 – Twilio was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $34.00 price target on the stock. According to Zacks, “Twilio offers cloud-based software that helps developers make and receive phone calls, text messages and video chats. Estimates for the stock have remained unchanged, of late. The company’s key initiatives, which include product innovation, global expansion and acquisitions, are helping it in gaining customers, which bodes well for long-term growth. We opine that proliferation in cloud and mobile penetration across the globe will continue to fuel Twilio’s customer growth over the long run. However, its largest customer, Uber’s recent strategy on utilizing communication services will dent Twilio’s overall growth prospect throughout this year. Furthermore, intensifying competition in the communications market and growing prevalence of in-app push notifications are major concerns. Notably, the stock has underperformed the broader market in the last one year.”
  • 7/17/2017 – Twilio had its “buy” rating reaffirmed by analysts at Summit Redstone. They now have a $36.00 price target on the stock.
  • 7/12/2017 – Twilio was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $34.50 price target on the stock.
  • 7/10/2017 – Twilio is now covered by analysts at Robert W. Baird. They set an “outperform” rating and a $35.00 price target on the stock.
  • 7/6/2017 – Twilio was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $32.00 price target on the stock.
  • 7/5/2017 – Twilio was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Twilio Inc. provides Cloud Communications Platforms. The Company enables developers to build, scale and operate real-time communications within software applications. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities. The Super Network is the software layer which allows its customers’ software to communicate with connected devices globally. Twilio Inc. is based in SAN FRANCISCO, United States. “

Twilio Inc. (NYSE TWLO) opened at 28.93 on Monday. The firm’s 50 day moving average is $30.15 and its 200 day moving average is $29.15. The stock’s market capitalization is $2.66 billion. Twilio Inc. has a 1-year low of $22.80 and a 1-year high of $70.96.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Monday, August 7th. The technology company reported ($0.20) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.20). Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. The company had revenue of $95.90 million for the quarter, compared to the consensus estimate of $86.28 million. During the same quarter in the prior year, the business earned ($0.08) EPS. Twilio’s revenue was up 48.7% on a year-over-year basis. On average, equities research analysts anticipate that Twilio Inc. will post ($0.23) earnings per share for the current year.

In other Twilio news, CFO Lee Kirkpatrick sold 16,000 shares of the company’s stock in a transaction dated Monday, July 17th. The stock was sold at an average price of $29.86, for a total transaction of $477,760.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, General Counsel Karyn Smith sold 5,213 shares of the company’s stock in a transaction dated Monday, June 19th. The stock was sold at an average price of $28.13, for a total value of $146,641.69. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 58,370 shares of company stock worth $1,710,284.

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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