Twilio Stock Soars As Strong Q3 Results, Analyst Upgrades Boost Outlook

Core Insights - Twilio Inc reported strong third-quarter results, with revenue growth of 14.7% year-on-year to $1,300 million, surpassing expectations of $1,250 million, and earnings of $1.25 per share, exceeding estimates of $1.03 per share [1][2] Revenue and Growth - The company achieved 13% organic growth in the quarter, prompting management to raise full-year organic growth guidance to 11.3%-11.5% from the previous 9%-10% [2] - Twilio added 43,000 active customer accounts in the quarter, reflecting a 12.3% sequential growth and 22.5% year-on-year growth [2] Analyst Ratings and Price Targets - Needham analyst Joshua Reilly maintained a Buy rating and increased the price target from $125 to $145, citing increasing organic growth trends and strong profitability [3][5] - Rosenblatt Securities analyst Catharine Trebnick reiterated a Buy rating with a price target of $140, describing the results as "exceptionally strong" despite gross margin headwinds [3][5] Strategic Developments - The company demonstrated effective execution on key growth drivers, including closing a record nine-figure renewal deal encompassing messaging, voice, and software add-ons [4]