What’s Propelling Twilio Inc. (TWLO) to Decline So Much?

The stock of Twilio Inc. (NYSE:TWLO) is a huge mover today! The stock decreased 3.06% or $3.46 during the last trading session, reaching $109.64. About 2.92M shares traded. Twilio Inc. (NYSE:TWLO) has risen 139.84% since September 13, 2018 and is uptrending. It has outperformed by 139.84% the S&P500.
The move comes after 5 months negative chart setup for the $14.90 billion company. It was reported on Sep, 13 by Barchart.com. We have $103.06 PT which if reached, will make NYSE:TWLO worth $893.94 million less.

Analysts await Twilio Inc. (NYSE:TWLO) to report earnings on November, 5. They expect $-0.33 earnings per share, down 120.00 % or $0.18 from last year’s $-0.15 per share. After $-0.49 actual earnings per share reported by Twilio Inc. for the previous quarter, Wall Street now forecasts -32.65 % EPS growth.

Twilio Inc. (NYSE:TWLO) Ratings Coverage

Among 8 analysts covering Twilio (NYSE:TWLO), 7 have Buy rating, 0 Sell and 1 Hold. Therefore 88% are positive. Twilio has $16500 highest and $130 lowest target. $154.75’s average target is 41.14% above currents $109.64 stock price. Twilio had 11 analyst reports since March 15, 2019 according to SRatingsIntel. The firm has “Overweight” rating given on Monday, March 25 by KeyBanc Capital Markets. The rating was maintained by Canaccord Genuity with “Buy” on Wednesday, May 1. The stock of Twilio Inc. (NYSE:TWLO) has “Buy” rating given on Wednesday, May 1 by Bank of America. The rating was maintained by Deutsche Bank on Wednesday, May 1 with “Buy”. On Friday, March 22 the stock rating was maintained by Deutsche Bank with “Buy”. JMP Securities maintained it with “Market Outperform” rating and $16000 target in Wednesday, May 1 report. KeyBanc Capital Markets maintained it with “Overweight” rating and $15800 target in Thursday, August 1 report. The rating was maintained by KeyBanc Capital Markets with “Overweight” on Wednesday, May 1.

More notable recent Twilio Inc. (NYSE:TWLO) news were published by: Finance.Yahoo.com which released: “3 Stocks Poised for Huge Growth Over the Next Decade – Yahoo Finance” on September 01, 2019, also Finance.Yahoo.com with their article: “Is Twilio (NYSE:TWLO) Using Too Much Debt? – Yahoo Finance” published on August 05, 2019, Seekingalpha.com published: “Executive Interview Series: Khozema Shipchandler, Twilio CFO – Seeking Alpha” on September 07, 2019. More interesting news about Twilio Inc. (NYSE:TWLO) were released by: Fool.com and their article: “3 Companies You Don’t Realize You Rely On Every Day – Motley Fool” published on August 15, 2019 as well as Seekingalpha.com‘s news article titled: “Now Is The Time To Buy Twilio – Seeking Alpha” with publication date: August 28, 2019.

Twilio Inc. provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications through the cloud in the United States and internationally. The company has market cap of $14.90 billion. The company's programmable communications cloud provides a range of products that enable developers to embed voice, messaging, video, and authentication capabilities into their applications through application programming interfaces. It currently has negative earnings. It also provides use case products, such as a two-factor authentication solution.

Twilio Inc. (NYSE:TWLO) Ratings Chart

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