Rosenblatt Securities Raises Twilio (NYSE:TWLO) Price Target to $290.00

Twilio (NYSE:TWLO) had its target price upped by equities researchers at Rosenblatt Securities from $275.00 to $290.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm currently has a “buy” rating on the technology company’s stock. Rosenblatt Securities’ target price would suggest a potential upside of 9.15% from the company’s previous close.

A number of other research analysts have also weighed in on the company. Morgan Stanley reaffirmed an “overweight” rating and set a $261.00 price objective on shares of Twilio in a report on Friday, August 7th. KeyCorp raised their target price on Twilio from $200.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Citizens Jmp restated a “market outperform” rating and set a $275.00 target price on shares of Twilio in a research report on Thursday, August 27th. Wolfe Research raised shares of Twilio to a “buy” rating in a research note on Friday, August 7th. Finally, BTIG Research reiterated a “buy” rating and issued a $285.00 price target on shares of Twilio in a report on Friday, September 11th. Two 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 given a Sell rating to the stock. According to MarketBeat.com, Twilio currently has a consensus rating of “Moderate Buy” and an average price target of $250.36.

Twilio Stock Up 9.0%

TWLO stock opened at $265.70 on Tuesday. The stock has a market capitalization of $40.80 billion, a PE ratio of 37.01, a price-to-earnings-growth ratio of 5.00 and a beta of 1.40. The company has a fifty day moving average of $221.76 and a 200-day moving average of $187.55. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. Twilio has a one year low of $98.44 and a one year high of $266.48.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.15. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Twilio had a net margin of 20.61% and a return on equity of 5.09%. The firm’s revenue for the quarter was up 22.0% on a year-over-year basis. During the same period in the prior year, the company posted $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. As a group, analysts expect that Twilio will post 3.12 EPS for the current year.

Insider Activity at Twilio

In related news, Director Andrew Stafman sold 500,000 shares of Twilio stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the completion of the transaction, the director directly 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 document filed with the SEC, which can be accessed through this link. Also, CFO Aidan Viggiano sold 9,093 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $201.25, for a total value of $1,829,966.25. Following the sale, the chief financial officer owned 118,252 shares in the company, valued at approximately $23,798,215. The trade was a 7.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 547,354 shares of company stock valued at $133,284,825 in the last ninety days. Corporate insiders own 0.21% of the company’s stock.

Hedge Funds Weigh In On Twilio

Several hedge funds have recently added to or reduced their stakes in the business. SHP Wealth Management purchased a new stake in shares of Twilio in the fourth quarter valued at about $26,000. Osbon Capital Management LLC acquired a new position in shares of Twilio during the 4th quarter worth approximately $30,000. Ascentis Independent Advisors purchased a new stake in Twilio in the 1st quarter valued at approximately $33,000. Continuum Advisory LLC purchased a new stake in Twilio in the 2nd quarter valued at approximately $33,000. Finally, Reflection Asset Management acquired a new stake in Twilio during the 4th quarter valued at $37,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Twilio Company Profile

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.