Twilio Announces Second Quarter 2020 Results

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Twilio (TWLO) PT Raised to $330 at KeyBanc Due to Strong Uptake of COVID Use Cases and Projected Industry-Leading Revenue Growth

August 5, 2020 8:56 AM EDT

KeyBanc analyst Alex Kurtz raised the price target on Twilio (NYSE: TWLO) to $330.00 (from $270.00) while maintaining a Overweight rating citing solid results with elevated expectations, strong uptake of COVID-19 use case continues, and projected industry-leading revenue growth.

The analyst stated "Twillio reported... More

Twilio (TWLO) PT Raised to $310 at Needham & Company

August 5, 2020 7:23 AM EDT

Needham & Company analyst Richard Valera raised the price target on Twilio (NYSE: TWLO) to $310.00 (from $225.00) while maintaining a Buy rating.

The analyst commented, "TWLO delivered strong 2Q20 results, with a 9% top line and solid bottom line beat, and offering strong 3Q revenue... More

Twilio (TWLO) PT Raised to $310 at Cowen

August 5, 2020 7:15 AM EDT

Cowen analyst J. Derrick Wood raised the price target on Twilio (NYSE: TWLO) to $310.00 (from $260.00) while maintaining a Outperform rating.

The analyst commented, "TWLO posted a strong 2Q w/ revs up 46% Y/Y, well ahead of Street at 34%. 3Q guide implies 37%... More

Twilio (TWLO) PT Raised to $255 at Rosenblatt

August 5, 2020 7:13 AM EDT

Rosenblatt analyst Ryan Koontz raised the price target on Twilio (NYSE: TWLO) to $255.00 (from $235.00) while maintaining a Neutral rating.

The analyst commented, "Twilio (AMC) handily beat 2Q20 revenue and earnings (+9%/+$.17 vs consensus) while the company guided 3Q20 above consensus revenue (+6%) and... More

Twilio (TWLO) Tops Q2 EPS by 18c; Guides Above View

August 4, 2020 4:06 PM EDT

Twilio (NYSE: TWLO) reported Q2 EPS of $0.09, $0.18 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $400.8 million versus the consensus estimate of $368.23 million.

"Organizations in nearly every industry are turning to Twilio as they identify new ways to communicate... More