Twilio (NYSE:TWLO) updated its FY18 earnings guidance on Tuesday. The company provided EPS guidance of ($0.10-0.14) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.09). The company issued revenue guidance of $506-514 million, compared to the consensus revenue estimate of $481.39 million.Twilio also updated its Q1 guidance to ($0.06-0.07) EPS.
A number of analysts recently issued reports on the stock. Drexel Hamilton reissued a buy rating and set a $47.00 target price on shares of Twilio in a research report on Thursday, December 28th. Canaccord Genuity reissued a buy rating and set a $38.00 target price on shares of Twilio in a research report on Wednesday, December 6th. Zacks Investment Research raised shares of Twilio from a sell rating to a hold rating in a research report on Saturday. Robert W. Baird reissued a buy rating and set a $37.00 target price on shares of Twilio in a research report on Friday, November 10th. Finally, Oppenheimer reissued a buy rating and set a $38.00 target price on shares of Twilio in a research report on Tuesday, January 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of Buy and an average price target of $36.61.
Shares of Twilio (TWLO) traded up $0.65 during trading hours on Tuesday, reaching $26.44. 3,990,179 shares of the company’s stock traded hands, compared to its average volume of 1,483,753. Twilio has a one year low of $22.80 and a one year high of $34.74. The firm has a market capitalization of $2,440.00 and a P/E ratio of -36.22.
Twilio Company Profile
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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