Twilio gains on Q4 revenue forecast, PT raises after investor day optimism

Twilio

24/01/2025 16:20

(Updates)
    ** Cloud communications platform Twilio's  TWLO.N  shares
jump 22.7% to $139.11
    ** At least 13 brokerages raise PT on the TWLO stock after
co laid out growth strategy at investor day on Thursday
    ** "We walk away from the event incrementally constructive
on Twilio's prospects for sustained profitable growth, with
emerging optimism over gradual growth acceleration" - J.P.
Morgan
    ** Co says it expects Q4 rev. growth of about 11% YoY, above
estimates of 8.9%, according to data compiled by LSEG
    ** TWLO forecasts adj. operating margins between 21% and 22%
in 2027; expects $3 bln of cumulative free cash flow over the
next three years
    ** Morgan Stanley says TWLO's profitability commitment and
preliminary Q4 results were better than expected; says co seems
focused on the cross-sell that could be "most successful"
    ** Eighteen brokerages rate the stock "buy" or higher, 10
"hold" and 3 "sell"; their median PT is $120, compared with $90
a month ago - LSEG
    ** TWLO has risen ~53% in the past 12 months

 (Reporting by Jaspreet Singh in Bengaluru)
 ((Jaspreet.Singh@thomsonreuters.com ; https://twitter.com/i_jass))