Twilio Inc (NYSE: TWLO): What’s Next After The Stock Plunge?

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The trading price of Twilio Inc (NYSE:TWLO) floating higher at last check on current market day and closing at $96.76, 0.43% higher than its previous close.

Traders who pay close attention to intraday price movement should know that it has been fluctuating between $94.99 and $97.5699. In examining the 52-week price action we see that the stock hit a 52-week high of $101.00 and a 52-week low of $52.51. Over the past month, the stock has gained 36.98% in value.

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Twilio Inc, whose market valuation is $14.84 billion at the time of this writing, is expected to release its quarterly earnings report in December. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 1.0 per share this quarter, however they have predicted annual earnings per share of 3.66 for current year and 4.29 for next year.

Analysts have forecast the company to bring in revenue of 1.16B for the current quarter, with the likely lows of 1.15B and highs of 1.19B. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 4.42B.

On the technical side, indicators suggest TWLO has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.

Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned TWLO a recommendation rating is 13. Out of them, 5 rate it a Hold, while 8 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Twilio Inc (TWLO) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.

A quick review shows that TWLO’s price is currently 10.93% off the SMA20 and 29.82% off the SMA50. The RSI metric on the 14-day chart is currently showing 80.43, and weekly volatility stands at 3.22%. When measured over the past 30 days, the indicator reaches 3.08%. Twilio Inc (NYSE:TWLO)’s beta value is currently sitting at 1.34, while the Average True Range indicator is currently displaying 2.84. With analysts defining $50-$450 as the low and high price targets, we arrive at a consensus price target of $135 for the trailing 12-month period. The current price is about 48.33% off the estimated low and -365.07% off the forecast high, based on this estimate. Investors will be thrilled if TWLO’s share price rises to $135, which is the median consensus price. At that level, TWLO’s share price would be -39.52% below current price.

To see how Twilio Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: TWLO stock’s performance was 0.43% at last check in today’s session, and 52.07% in the past year.

An evaluation of the daily trading volume of Twilio Inc (NYSE:TWLO) indicates that the 3-month average is 2.32 million. However, this figure has increased over the past 10 days to an average of 3.66.

Currently, records show that 181.95 million of the company’s shares remain outstanding. The insiders hold 5.93% of outstanding shares, whereas institutions hold 77.05%. The stats also highlight that short interest as of 2024-10-31, stood at 2.91 million shares, resulting in a short ratio of 1.41 at that time. From this, we can conclude that short interest is 226.00 of the company’s total outstanding shares. It is noteworthy that short shares in October were up slightly from the previous month’s figure, which was 2.64 million. However, since the stock’s price has seen 27.53% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.

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