Wells Fargo maintains its buy rating for Twilio Inc. by Investing.com
Wells Fargo (NYSE 🙂 Analyst Michael Turrin maintained a buy rating for Twilio (NYSE 🙂 Inc on Thursday and set a price target of $ 525, which is about 46.57% above its current share price of $ 358.19.
Turrin expects Twilio Inc to post earnings per share (EPS) of $ 1.31 for the fourth quarter of 2021.
The current consensus among 18 TipRanks analysts is a Strong Buy rating for Twilio stock with an average price target of $ 464.69.
Analysts’ price targets range from a high of $ 550 to a low of $ 375.
In its most recent earnings report, released on June 30, 2021, the company reported quarterly revenues of $ 668.93 million and net income of $ -202.27 million. The company’s market capitalization is $ 63.45 billion.
According to TipRanks.com, Wells Fargo analyst Michael Turrin is currently rated 4 stars on a 0-5 star rating scale, with an average return of 15.8% and a success rate of 79.63%.
Founded in 2008, California-based Twilio, Inc. provides a cloud communications platform that enables software developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs (application programming interfaces).
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