Jefferies analyst Samad Samana raised the price target on Twilio (NYSE: TWLO) to $195.00 (from $160.00) while maintaining a Buy rating.

The analyst comments "1Q beat on total rev and GP$s (+5% each vs. +4% in 4Q25) as well as op mgn (+150bps). DBNE improved on an organic basis (110% ex-A2P) and product momentum continued across the platform. The 2026 outlook was raised (9.5-10.5% organic) even after accounting for new VZ A2P fees and mgmt reiterated guidance for matching GP$ growth. The results blew past a high bar, signaling that the AI thesis is playing out and showing that the core business is growing durably."