Perhaps yes, perhaps no. Twilio is definitely a more volatile stock that requires patience and a long-term outlook. Those nearing or in retirement may not want such a holding in their nest egg. But for those who are intrigued and willing to do their own due diligence, consider buying a small portion to get your skin in the game.
Twilio ( NYSE: TWLO) has emerged as a top cloud computing investment. The stock has been a 10-bagger since its IPO in 2016 — meaning it’s produced a 1,000% return — and is up over 220% just since the start of 2020.
Is Twilio Inc (TWLO-N) a buy or sell?
Twilio Inc is a American stock, trading under the symbol TWLO-N on the New York Stock Exchange (TWLO). It is usually referred to as NYSE: TWLO or TWLO-N Is Twilio Inc a buy or a sell? In the last year, 10 stock analysts published opinions about TWLO-N. 7 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock.
Is TWLO a good stock to buy?
TWLO is richly valued. It’s a software company that helps app developers connect with customers. It’s up 175% in the last 6 months. When Lyft or Airbnb sends you a text, Twilio makes money. Stockchase rating for Twilio Inc is calculated according to the stock experts’ signals.
Baird analyst William Power raised the firm’s price target on Twilio to $450 from $430 and keeps an Outperform rating on the shares.
As of Twilio’s last proxy statement, insiders owned 19.5% of shares outstanding, worth over $3 billion at today’s prices. Lawson owned 8% of shares outstanding, while board member Byron Deeter of Bessemer Venture Partners owned 9.9%.
Twilio shareholders may be better off ignoring some of the current volatility in the market. Instead, they should focus on their original investment thesis for the company.
Why is twilio stock dropping?
Twilio shares are down after the company shared a weak fourth-quarter forecast and announced the departure of COO George Hu.
Shares of Twilio ( NYSE: TWLO) were pulling back today after the cloud-based communications software company posted a strong first-quarter earnings report but offered weaker-than-expected guidance on the bottom line. With the software as a service (Saa. S) stock coming into the report “priced for perfection,” that was enough to send shares spiraling.
Does Joe tenebruso own Twilio?
The Motley Fool owns shares of and recommends Twilio. The Motley Fool has a disclosure policy.