Twilio (TWLO) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changing e ...

Twilio Inc. (TWLO) , a leading cloud communications and customer engagement platform provider, has experienced a tumultuous year in 2024, with its stock plunging more than 22% year to date (YTD). This steep decline contrasts sharply with the broader market, as the S&P 500 has risen by approximately 17% over the same period. The fall in Twilio's stock has left many investors wondering if now is the time to buy the dip.While Twilio's recent performance may seem discouraging, several factors suggest that this ...

Twilio's strong customer base and the adoption of AI in the market it serves could help accelerate the company's growth.Twilio (TWLO -2.21%) investors have had a forgettable year so far. Shares of the cloud communications specialist lost 21% of their value in 2024, but the good part is that the recent stock price action points toward a turnaround in its fortunes.The stock has gained 9% in the past couple of months, and its second-quarter 2024 results gave investors a reason to cheer. Let's see what has been ...

hapabapa Twilio (NYSE:TWLO) reported better than expected results for its second fiscal quarter at the beginning of the month, although the Cloud company continued to see rather weak top-line growth. Despite slow growth on the top line, Twilio is making progress in terms of its free cash flow profile and the retention rate, a crucial monetization figure for Cloud software companies, which remained stable in the last quarter as well. I continue to like Twilio here, in part because of the company's more a ...

Which of these fallen growth stocks is a better turnaround play?Twilio (TWLO -1.37%) and Unity (U -2.65%) both hit their all-time highs during the buying frenzy in growth and meme stocks in 2021. Twilio's stock surged to $443.49 that February, representing a 2,857% gain from its initial public offering (IPO) price of $15 in 2016. Unity's stock hit $201.12 that November, marking a 287% rally from its IPO price of $52 in 2020.But today, Twilio and Unity trade at about $60 and $15, respectively. Both stocks pl ...

hapabapa Introduction & Investment Thesis I last wrote about Twilio (NYSE:TWLO) in July, where I upgraded my rating on the stock from “hold” to “buy” as I believed that the company was starting to demonstrate early signs of stabilization after the management conducted a business review of its Segment business and laid out its long-term plan for success. Although revenue growth had not accelerated at the time of my writing, it had started to see some signs of stabilization in its Net retention rate. Sinc ...

Twilio (TWLO) shares have been beaten down the last few years but it's still growing its business. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by 31% this year.Twilio operates a Customer Engagement Platform (CEP) that allows companies to build direct, personalized relationships with their customers worldwide. It covers sales to marketing to growth.It operates across 180 countries and territories and, as of June 30, 2024, had 316,000 active customer accounts.Another Beat by Twilio in the Sec ...

Twilio Inc. (TWLO) shares gained 6.7% during Thursday’s extended trading session after the cloud communication company reported better-than-expected second-quarter 2024 results.The programmable communication tool provider reported non-GAAP earnings of 87 cents per share, which surpassed the Zacks Consensus Estimate of 71 cents and came above management’s guidance range of 64-68 cents.The bottom line also witnessed a robust improvement from the year-ago quarter’s earnings of 54 cents. The strong year-over-ye ...

For the quarter ended June 2024, Twilio (TWLO) reported revenue of $1.08 billion, up 4.3% over the same period last year. EPS came in at $0.87, compared to $0.54 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.06 billion, representing a surprise of +2.59%. The company delivered an EPS surprise of +22.54%, with the consensus EPS estimate being $0.71.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

Twilio Inc. (NYSE:TWLO) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Bryan Vaniman - SVP of IR Khozema Shipchandler - CEO Aidan Viggiano - CFO Conference Call Participants Quinton Gabrielli - Piper Sandler Mark Murphy - JPMorgan Taylor McGinnis - UBS Meta Marshall - Morgan Stanley Ryan Koontz - Needham & Co. Rich Magnus - Wolfe Austin Cole - Citizens JMP Nick Altmann - Scotiabank Yanni Samoilis - Baird Derrick Wood - TD Cowen Billy Fitzsimmons - Jefferies Operator Good day ...