Fintel reports that on June 14, 2024, Morgan Stanley downgraded their outlook for Twilio (NYSE:TWLO) from Overweight to Equal-Weight.

Analyst Price Forecast Suggests 29.45% Upside

As of June 12, 2024, the average one-year price target for Twilio is 70.22. The forecasts range from a low of 49.49 to a high of $115.50. The average price target represents an increase of 29.45% from its latest reported closing price of 54.25.

See our leaderboard of companies with the largest price target upside.

The projected annual revenue for Twilio is 5,376MM, an increase of 28.17%. The projected annual non-GAAP EPS is 0.76.

What is the Fund Sentiment?

There are 1,063 funds or institutions reporting positions in Twilio. This is an decrease of 31 owner(s) or 2.83% in the last quarter. Average portfolio weight of all funds dedicated to TWLO is 0.23%, an increase of 11.64%. Total shares owned by institutions decreased in the last three months by 8.67% to 145,667K shares. The put/call ratio of TWLO is 0.68, indicating a bullish outlook.

What are Other Shareholders Doing?

Generation Investment Management Llp holds 7,904K shares representing 4.62% ownership of the company. In its prior filing, the firm reported owning 8,504K shares , representing a decrease of 7.59%. The firm decreased its portfolio allocation in TWLO by 24.57% over the last quarter.

Voya Investment Management holds 5,895K shares representing 3.44% ownership of the company. In its prior filing, the firm reported owning 8,393K shares , representing a decrease of 42.38%. The firm decreased its portfolio allocation in TWLO by 74.47% over the last quarter.

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 5,405K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 5,390K shares , representing an increase of 0.27%. The firm decreased its portfolio allocation in TWLO by 26.32% over the last quarter.

ARKK - ARK Innovation ETF holds 3,888K shares representing 2.27% ownership of the company. In its prior filing, the firm reported owning 4,798K shares , representing a decrease of 23.39%. The firm decreased its portfolio allocation in TWLO by 10.60% over the last quarter.

Alyeska Investment Group holds 3,794K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 2,619K shares , representing an increase of 30.96%. The firm increased its portfolio allocation in TWLO by 8.44% over the last quarter.

Twilio Background Information
(This description is provided by the company.)

Millions of developers around the world have used Twilio to unlock the magic of communications to improve any human experience. Twilio has democratized communications channels like voice, text, chat, video, and email by virtualizing the world's communications infrastructure through APIs that are simple enough for any developer to use, yet robust enough to power the world's most demanding applications. By making communications a part of every software developer's toolkit, Twilio is enabling innovators across every industry - from emerging leaders to the world's largest organizations - to reinvent how companies engage with their customers.