TWLO Stock and Twilio Inc. Company Overview in 2024
Twilio (TWLO) in 2024: Stock Overview and Outlook
TWLO stock is attracting investor attention, with many traders contemplating whether to add this famous asset to their portfolio. But why are these shares so popular? And are they worth buying right now?
If you have recently considered investing in the famous TWLO stock, then you are in the right place. Continue reading to learn all you need to know about this company. After all, the most useful advice for stock investors is to thoroughly review all possible information and news related to the stock they decide to invest in.
Investing in stocks can be complex, with many factors influencing decisions. Sometimes, it is a matter of feeling, luck and circumstances on the geopolitical world stage, and sometimes, it is a matter of calculation. However, knowing analysts’ insights about the company always helps. So, let’s see what they think about TWLO.
What Does Twilio Inc. Offer?
Twilio Inc. represents one of the most prominent cloud communications companies in the information technology sector. It was established in San Francisco, California, back in 2008. This company delivers various useful and programmable tools for communication of the highest quality.
Furthermore, its tools include such useful ones as the following:
This company delivers high-quality, programmable communication tools, including:
- APIs for voice calls
- Text messaging (SMS)
- Multimedia messaging (MMS)
- Video communication through WebRTC
How Can People Use Twilio’s Services?
Twilio’s services enable businesses to merge and coordinate communication channels directly within their applications. They also support the following useful features:
- Two-factor authentication (2FA)
- Call centers
- SIP trunking
A Brief History of Twilio
Twilio was founded back in 2008. Since then, it has grown significantly, serving millions of developers and businesses worldwide.
The company’s platform comes with advanced features and a good interface. It is also known for its scalability and reliability. It is known for its scalability and reliability. Additionally, the platform is designed to allow customers to build and deploy communication solutions effortlessly.
Twilio has managed to snag a place among other leaders in its industry, and it’s currently rated among the top three in the cloud communications sector. Individual professionals note that Twilio is famous for its innovative approaches to business-customer interactions. The company achieves this through various high-tech communication solutions.
What Is the Stock Price of TWLO?
As of the 8th of August 2024, the NYSE: TWLO stock price stands at $59.01. Moreover, TWLO earnings are robust. In the last quarter, management reported increased revenue of $1.08B, representing a 4.31% rise.
Of course, the share price is subject to almost daily change, and therefore, it is better to check them daily on the official stock exchange websites.
TWLO/USD 5-Day Chart
TWLO Stock Statistics
- Market Cap: $9.48B
- Shares Outstanding: 160.6M
- Public Float: 151.62M
- Beta: 1.24
- 52-Week Range: $49.86 – $78.16
- Average Volume: 2.57M
- Short Interest: 2.54M (as of 07/15/24)
- Percentage of Float Shorted: 1.67%
- EPS: -$3.28
- P/E Ratio: N/A
- Revenue per Employee: N/A
- Dividend: N/A
- Yield: N/A
- Ex-Dividend Date: N/A
TWLO News – Stay Updated With the Latest Events
The TWLO shares have recently crossed its 20-day moving average. It signals a potential short-term uptrend. The stock has gained approximately 9.6% over the last 30 days and holds a Zacks Rank #1 (Strong Buy), indicating great potential for continued growth. This bullish outlook is further strengthened by positive earnings revisions.
Is TWLO Stock a Good Option?
Regarding all the information we’ve gathered, we can advise you to consider adding TWLO stocks to your watchlist. According to the analysts’ average price target, the TWLO stock has grown by 22.22%.
Furthermore, according to predictions from 24 different stock analysts, its price might reach $70.75 per share in approximately one and a half years.
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