Twilio Likely To Post Q2 Profit; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Twilio Inc. (NYSE:TWLO) is expected to report Q2 earnings of 30 cents per share, up from a loss of 11 cents per share a year ago. Revenue is projected to be $985.96 million, up from $943.35 million. The company's shares rose 0.5% to close at $61.59 on Monday. Recent analyst ratings have varied, with price targets ranging from $53 to $75.
August 08, 2023 | 1:20 pm
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POSITIVE IMPACT
Twilio is expected to report a profitable Q2, which could positively impact its stock. However, varying analyst ratings and price targets may introduce uncertainty.
Twilio's expected profitability for Q2 is a positive signal for investors, potentially driving the stock price up. However, the wide range of analyst price targets suggests differing opinions on the company's valuation, which could introduce volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100