why Twilio Inc [TWLO] is a Good Choice for Investors After New Price Target of $68.09

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Twilio Inc [NYSE: TWLO] stock went on a downward path that fall over -4.84% on Thursday, amounting to a one-week price decrease of less than -2.00%.

Over the last 12 months, TWLO stock dropped by -14.04%. The one-year Twilio Inc stock forecast points to a potential upside of 17.36. The average equity rating for TWLO stock is currently 2.41, trading closer to a bullish pattern in the stock market.

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The market cap for the stock reached $9.63 billion, with 181.95 million shares outstanding and 161.61 million shares in the current float. Compared to the average trading volume of 2.44M shares, TWLO stock reached a trading volume of 3328253 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Twilio Inc [TWLO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TWLO shares is $68.09 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TWLO stock is a recommendation set at 2.41. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Tigress Financial have made an estimate for Twilio Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 28, 2024. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $70 to $60. The new note on the price target was released on June 14, 2024, representing the official price target for Twilio Inc stock. Previously, the target price had yet another raise to $66, while Northland Capital analysts kept a Market Perform rating on TWLO stock. On February 14, 2024, analysts decreased their price target for TWLO shares from 62 to 61.

The Average True Range (ATR) for Twilio Inc is set at 1.71, with the Price to Sales ratio for TWLO stock in the period of the last 12 months amounting to 2.30. The Price to Book ratio for the last quarter was 1.06, with the Price to Cash per share for the same quarter was set at 22.36. Price to Free Cash Flow for TWLO in the course of the last twelve months was 14.70 with Quick ratio for the last quarter at 6.55.

TWLO Stock Performance Analysis:

Twilio Inc [TWLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.00. With this latest performance, TWLO shares dropped by -1.66% in over the last four-week period, additionally sinking by -19.99% over the last 6 months – not to mention a drop of -14.04% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TWLO stock in for the last two-week period is set at 44.56, with the RSI for the last a single of trading hit 41.11, and the three-weeks RSI is set at 45.90 for Twilio Inc [TWLO]. The present Moving Average for the last 50 days of trading for this stock 57.22, while it was recorded at 58.37 for the last single week of trading, and 62.12 for the last 200 days.

Insight into Twilio Inc Fundamentals:

Twilio Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.55 and a Current Ratio set at 6.55.

TWLO Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TWLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Twilio Inc go to 19.60%.

Twilio Inc [TWLO] Institutonal Ownership Details

The top three institutional holders of TWLO stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TWLO stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TWLO stock with ownership which is approximately 5.1238%.