Twilio Inc. (TWLO) stock rallied on Thursday after the cloud communications company announced a new partnership with Amazon.com, Inc. (AMZN). Under the deal, Twilio will provide its voice and messaging services to Amazon’s Alexa Voice Service (AVS) developers. The news sent Twilio shares up nearly 8% in pre-market trading.
If you’re looking for a hot stock to buy, you may want to consider Twilio (TWLO). The company’s shares have been on fire lately, up more than 60% since the beginning of the year. And there seems to be no end in sight for the growth of this cloud-based communications platform provider.
What’s driving Twilio’s incredible growth? In a word: demand. The company’s services are in high demand by businesses of all sizes that are looking to improve their customer communications.
That could be anything from adding SMS capabilities to your website or app to building out a full-fledged call center using Twilio’s API.
There are few companies that can match Twilio’s growth right now. But one thing is for sure: if you’re looking for a high-growth stock, Twilio is definitely worth considering.
Twilio Stock Forecast 2025
Twilio (TWLO) is a cloud communications platform that allows developers to programmatically make and receive phone calls and texts using its web-based APIs. Founded in 2007, Twilio has been a public company since 2016 and is headquartered in San Francisco, California.
As of February 2021, Twilio had a market capitalization of $38.4 billion.
The company’s stock price has been on an upward trend since its IPO, reaching an all-time high of $495.00 in February 2021.
Looking forward to the next five years, TWLO stock is expected to continue its upward trend as the company expands its product offerings and customer base. Analysts have issued a 12-month price target range of $530-$700 for TWLO stock, with a median target of $615.
This would represent upside potential of approximately 25% from the current stock price.
Longer term, analysts are bullish on Twilio’s prospects as the leading player in the growing cloud communications market. The size of this market is expected to more than double from $43 billion in 2020 to $106 billion by 2025, according to research firm MarketsandMarkets.
Within this market, Twilio is expected to maintain its #1 market share position, with 15% of the total addressable market by 2025.
Credit: www.cnbc.com
Is Twilio a Buy Or Sell?
Twilio (TWLO) is a cloud communications platform that provides customers with a way to connect with their customers using voice, video, messaging, and email. The company went public in 2016 and has since then seen its stock price rise significantly. As of late 2020, Twilio was trading at around $270 per share, giving the company a market capitalization of over $30 billion.
The company has been growing rapidly in recent years, thanks in part to the increasing popularity of cloud-based communications solutions. Twilio’s platform is used by some of the world’s largest companies, including Uber, Airbnb, WhatsApp, and Microsoft.
Looking ahead, Twilio appears to be well-positioned for continued growth.
The global pandemic has accelerated the shift to remote work and online communication, which should continue to boost demand for Twilio’s products. Moreover, the company’s acquisition of SendGrid earlier this year gives it a wider array of tools to offer its customers.
Overall, we believe Twilio is a buy at current levels.
The stock may be volatile in the near term as investors react to news flow surrounding the pandemic and other macroeconomic factors. However, we believe the long-term prospects for the company remain very positive.
What is the Target Price for Twilio Stock?
The target price for Twilio stock is $70.
Does Twilio Stock Pay Dividends?
No, Twilio does not currently pay dividends on its stock. This may be something that the company changes in the future, but for now, investors looking for dividend income will need to look elsewhere.
What is Happening to Twilio?
Twilio is a communication platform that allows developers to programmatically make and receive phone calls, text messages, and perform other communication functions. The company has been growing rapidly in recent years, with its stock price more than doubling since 2016. However, Twilio’s share price took a hit in 2019 after the company announced that it was experiencing slower growth than expected.
This caused many investors to wonder what was happening at Twilio.
The slowdown in Twilio’s growth is primarily due to two factors: first, the company is facing increased competition from other communications platforms such as WhatsApp and Facebook Messenger; and second, Twilio has been investing heavily in new products and features, which has led to higher costs. Despite these challenges, Twilio remains a strong company with a large customer base and plenty of room to grow.
Why Twilio Stock Is Being SLAMMED
Conclusion
Twilio stock is up today after the company announced a new partnership with Microsoft. Under the deal, Twilio will power Microsoft’s Azure cloud communications platform. This is a big win for Twilio, as it will help them expand their reach into the enterprise market.
The stock is up on heavy volume, and analysts are bullish on the news.
