A number of research firms have changed their ratings and price targets for Twilio (NYSE: TWLO):

  • 11/14/2017 – Twilio was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Twilio reported strong top-line performance for the third quarter of 2017 mainly driven by remarkable year-over-year growth in active customer account which was a result of the company’s continued focus on introducing products as well as its go-to-market sales strategy. However, we are concerned about its declining gross margins which worsened during the quarter, touching its lowest level in the last three years. The company’s gross margins have been negatively impacted by shift in international traffic mix and reduced revenue contribution from Uber. Going ahead, intensifying competition in the communications market and growing prevalence of in-app push notifications are other major headwinds. Notably, the stock has underperformed the broader market in the last one year.”
  • 11/13/2017 – Twilio was given a new $36.00 price target on by analysts at Northland Securities. They now have a “buy” rating on the stock.
  • 11/10/2017 – Twilio had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $37.00 price target on the stock.
  • 11/4/2017 – Twilio was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 10/13/2017 – Twilio had its “buy” rating reaffirmed by analysts at Northland Securities. They now have a $36.00 price target on the stock.
  • 10/5/2017 – Twilio was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 9/28/2017 – Twilio had its “outperform” rating reaffirmed by analysts at JMP Securities. They now have a $38.00 price target on the stock.
  • 9/27/2017 – Twilio had its “outperform” rating reaffirmed by analysts at William Blair.
  • 9/27/2017 – Twilio had its “hold” rating reaffirmed by analysts at KeyCorp.
  • 9/27/2017 – Twilio had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $39.00 price target on the stock.
  • 9/22/2017 – Twilio had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $47.00 price target on the stock.

Shares of Twilio Inc. (NYSE:TWLO) opened at $26.07 on Tuesday. Twilio Inc. has a fifty-two week low of $22.80 and a fifty-two week high of $38.88.

Twilio (NYSE:TWLO) last posted its earnings results on Wednesday, November 8th. The technology company reported ($0.08) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.12. Twilio had a negative net margin of 15.69% and a negative return on equity of 17.55%. The company had revenue of $100.54 million for the quarter, compared to analyst estimates of $92.50 million. During the same quarter in the prior year, the business posted ($0.04) EPS. The firm’s revenue was up 40.6% compared to the same quarter last year. analysts predict that Twilio Inc. will post -0.75 earnings per share for the current fiscal year.

In other Twilio news, CFO Lee Kirkpatrick sold 7,000 shares of the company’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $25.38, for a total value of $177,660.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Karyn Smith sold 5,381 shares of the company’s stock in a transaction dated Wednesday, October 18th. The stock was sold at an average price of $31.48, for a total transaction of $169,393.88. The disclosure for this sale can be found here. Insiders sold a total of 42,134 shares of company stock worth $1,281,359 in the last 90 days.

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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