That’s the highest level of “neutral.” Further, that suggests that the company has a slightly better-than-even chance of outperforming the broader market. Currently, Twilio has a Smart Score of 7 out of 10 on TipRanks. Twilio may have had a rough year, but not everyone is counting it out just yet. Investor Sentiment Suggests a Potential Comeback The average Twilio price target of $134.90 implies 88.8% upside potential.Īnalyst price targets range from a low of $90 per share to a high of $215 per share. That’s based on 17 Buys and eight Holds assigned in the past three months. Turning to Wall Street, Twilio has a Moderate Buy consensus rating. Twilio shares lost roughly 80% of their value in that period, now hovering around $71 per share. That seemed to be the green flag for a massive sell-off that continued until this very day. It even cleared $370 a share briefly, hitting its 52-week high. This time last year, Twilio was up around $337 a share. The last 12 months for Twilio shares have demonstrated a growth stock in stark decline. Its pandemic glory days are behind it, and what’s left doesn’t look all that appealing. That’s why I’m bearish on Twilio right now. Is Twilio’s enormous sell-off the beginning of the end for the company or an opportunity in the making? It’s not looking good for Twilio right now, especially when all the factors are taken into account.
However, the overall bearishness of the market dragged TWLO down today.
He pointed out that the company’s engagement strategy was likely to serve it well in terms of hiking gross margins. KeyBanc analyst Thomas Blakey started coverage on the company this morning. The company gained 1.1% in pre-market trading today but lost all those gains and has been red all day. It has been a volatile day for communications company Twilio ( NYSE: TWLO).
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